Feb 02

We have had the figures for a week. The graph below shows the real news: Huge boost during the last quarter. Profit of $13 B on sales of $46 B. These are huge numbers.

apple revenue and profit

 

 

Apple reported its earnings excluding items more than doubled to $7.79 a share in its fiscal third quarter from $3.51 a share in the year-earlier period.

Revenue shot up 82 percent to $28.57 billion from $15.7 billion in the year-earlier period.

Analysts had expected Apple to report earnings of $5.85 a share on revenue of $24.9 billion.

Sales of iPads and iPhones were strong during the quarter: The company said it sold 9.25 million iPads during the quarter, nearly triple the amount it sold a year earlier. IPhone sales more than doubled to 20.34 million. Mac sales increased 14 percent to 3.95 million units.

Cash flow more than doubled to $11.1 billion, the company said.

The company, known for its conservative guidance, said it expects earnings of $5.50 a share on revenue of $25 billion for the current quarter.

Jan 25

Apple’s numbers are out and it is a monster blowout!

Apple beat expectations across the board. We have all the important numbers below.

Shares are up 10% in after hours trading.

The biggest number that jumps out: 37 million iPhones sold. That easily beats the Street’s whisper number of 34 million iPhones.

The next number is 15.4 million iPads sold, which clobbers the 13 million expectation.

Here’s what Apple did versus Wall Street expectations, via Piper Jaffray’s.

  • Revenue: $46.33 Billion versus $38.76 billion expected
  • EPS: $13.87 versus $10.07 expected
  • iPhone units: 37.04 million versus 30.2 million expected (34 million whisper)
  • iPad units: 15.4 million 13.2 million expected (13 million whisper)
  • Mac units: 5.2 million versus 5 million expected (4.8 million whisper)
  • iPod: 15.4 million versus 13.9 million expected
  • Gross Margin: 44.7% versus 41.8% expected
  • March quarter revenue: $32.5 billion versus $31.9 billion expected
  • March quarter EPS: $8.50 versus $8.00 expected
  • Apple now has $97 billion in cash, short term, and long term securities
  • The iPhone’s average selling price is up to $660

Information care of BI site
Read more: http://www.businessinsider.com/live-apple-earnings-2012-1?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=SAI%20Select&utm_campaign=SAI%20Select%202012-01-25#ixzz1kSxu2MjT

Read the release and listen to Apple play back at http://investor.apple.com/

 

 

 

Jan 20

In a special press conference in New York on Tuesday Jan 17th, Apple marketing chief Phil Schiller announced iBooks 2, an attempt to unify online databases and the printed word into a single educational tool.

With rich, engaging content and powerful annotation capabilities, digital textbooks will help American students better compete with peers abroad, Schiller said.

Though many teachers have embraced the company’s iPad and thousands of education apps available for it, adoption has been limited in scope, Schiller said. A formal platform to obtain this kind of content will accelerate adoption.

DIGITAL TEXTBOOKS: MORE DYNAMIC

On the presentation side, a digital textbook can be compelling. Schiller demonstrated how a portrait layout can help the student focus on text, while a landscape layout can help him or her focus on multimedia content, such as interactive photos or animations.

See a term you don’t understand? You can click on it for more information, just like you can on an e-book reader. That’s something physical textbooks don’t allow for, Schiller said. (Ditto the ability to highlight passages and instantly make digital flash cards from your own notes, both of which he demonstrated.)

A new “textbooks” category in iBooks is the seed for Apple’s new venture. Best of all, students can own the book forever, and download it any time from the cloud. (No word on how updates — long the moneymaker for the industry — will be priced.) And it goes without saying that a digital textbook won’t weigh a ton.

ONE FOR THE PUBLISHERS

As for content creators, a new, free iBooks Author app allows you to create interactive e-books. The application has a drag-and-drop, WYSIWYG interface and default templates (math, science) so it’s easy to get existing content into the cloud. It also has a one-click glossary function.

More technically savvy publishers can use Javascript to create their own widgets and HTML 5 for layout, and thus, experience. (Cue the beginning of the publisher-as-developer era for the textbook industry. Welcome, folks! Us newsies have been here for about two decades now.)

PRICING

But perhaps the biggest shift in the industry will be around pricing and distribution. Schiller said new high school textbooks would be priced at $14.99 or less — and they’re always up-to-date. (No word on college-level and above.)

Pearson, McGraw-Hill, Houghton Mifflin Harcourt and Dorling Kindersley are among Apple’s publishing partners, and their products (Algebra 1, Environmental Science, etc.) are available in the store today.

Which begs the question: will high school students now have to pay for their textbooks? Or does Apple envision a future where school-provided iPads, preloaded with e-textbooks, are deployed?

ITUNES U

Finally, Apple’s iTunes U service — a neat offering of university lectures-as-podcasts buried in the iTunes Store — will get a leg up. Through an update, the iTunes U app will offer a spot for a syllabus, course material, office hours info and more within a single iOS app. It even allows for professor-to-student messaging.

In other words: a complete digital course resource — no more Microsoft Word attachments via e-mail, and no more web-based solutions like Blackboard. (Which begs yet another question: Apple may have a leg up on mobile here, but are universities really willing to let go of their existing platforms?)

For now it comes down to adoption. Yale, MIT, Duke, Stanford and others are already on iTunes U; it remains to be seen whether other universities (and K-12 institutions, for that matter) will follow suit, given the new capabilities.

THE BOTTOM LINE

In the end, this all depends on adoption of the iPad. Institutions and individuals alike already love them. Will these new tools make them love them enough to replace, rather than augment, their current setups?

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Jan 14

A new report from ComScore shows that Nokia still has a commanding share of the EU5 (France, Germany, Italy, Spain and UK) Smart Phone market.

During the 3 month average ending November 2011, nearly 30 million smartphone owners used Nokia devices, making it the top smartphone manufacturer in the EU5.  Nokia was the leading with a 29.7 percent of all smartphones in use, but  saw a decline of 17 percentage points in their market share over the last year.

Apple accounted for 20 percent of the smartphone device market share making it the second most popular model. Amongst the top 5, Samsung was the fastest growing smartphone handset manufacturer, increasing their market share by 9.5 percentage points to 17.5 percent in November 2011.

RIM is still struggling to remain relevant.

Judging by observations on the Tube and British Rail – iPhone continues to be the leader in London.

EU Smart Phone Market Share - Euro iPhone News

Jan 10

At long last Netflix lands in the UK. The US market leader today launches in the UK with a streaming only service for a cost of six quid a month. This is interesting as Netflix have a huge US following with close to 20 million subscribers of DVD by Post and On-Line. As more subscribers opt for the on-line only option this lets Netflix expand internationally without the pre-requisites for DVD stock and facilities.

So for£5.99 a month you can sign up. To get the best experience you need a device to power the image to the TV: xbox, wii and some DVD players plus your PC or Apple TV.

You can sign up for a free trail at Netflix.

Review at BBC read here 

 

Jan 03

Accoring to our friends at BI and All Things Digital Apple will be holding a press event in New York with a media theme. So this is not the iPad 3, Apple TV, iPhone 5 or other such devices or is it?

It seems as if Eddie Cue will be the keynote – He runs iTunes and the App stores.

Just rumours for now but All Thing D is a pretty good source.

Stay tuned.

 

Jan 02

As if we didn’t know Smart phones are big sellers and make great Christmas gifts.

It seesm that both Google and Apple are selling a planty: How do we know the sales without data from the super secrative Apple and only sligghtly less paranoid Google. Well there is firm called Flurry and they are in the app business of mobile analytics. Thesee are clever guys and have 145,000 apps using its software, and believes it can track virtually all new Androidand iOS device activated.

Flurry say Apple and Google activated a record breaking number of mobile devices this Christmas.  Between December 1 and 20, 1.5 million Android and iOS devices were activated daily on average. On Christmas day, a record breaking 6.8 million devices were activated, a 353% increase over the rest of the month. It’s also much better than 2010, when 2.8 million devices were activated.

chart-of-the-day-iphone-android-acrtiviations-on-christmas-dec-27-2011

 

 

 

Nov 26

Well we have waited a few weeks since the passing of dear Steve and we can now read all about the great mans life care of

Steve Jobs CoverSteve Jobs: The Exclusive Biography.

This is a book put together by Walter Isaacson with the blessing and help of Steve. And it is a great read that uncovers Steve’s early life and his fascination and focus on design and quality.

It is a big book at over 650 pages and well worth a read.

Enjoy

 

Oct 19

Once again Apple reported a 54% gain in net income for its fourth fiscal quarter, released late in Tuesday . These impressive results by any standard were  lower than the Wall St – whisper numbers.

Apple recorded net income of $6.62 billion, or $7.05 per share, compared to net income of $4.31 billion, or $4.64 per share, for the same period the previous year. That is massive growth for any company let alone one a multi billion dollar firm. This was on revenue of $28.27 billion representing a 39% jump.

The brains of Walls St had been expecting earnings of $7.38 per share on revenue of $29.7 billion, according to consensus forecasts from Thomson Reuters. This so called miss has caused the stock to fall 6% in after hours.

The call is available for all to listed to on the Apple site: See Apple Investor Page. The units sales figures drive results:

Key numbers are:

  • 17.07 million iPhones, representing 21 percent unit growth YOY
  • 11.12 million iPads, a 166 percent unit increase YOY
  • 4.89 million Macs during the quarter, a 26 percent unit increase YOY
  • Apple sold 6.62 million iPods, a 27 percent unit decline YOY
  • International sales accounted for 63 percent of the quarter’s revenue.
  • Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter

 

 

 

 

 

 

Oct 17

Apple just released the new that over the launch week end they sold 4M iPhones 4S handsets. That is a lot of phones.

According to Apple senior vice president for worldwide product marketing, Phil Schiller, Apple’s senior vice president of Worldwide Product Marketing, “iPhone 4S is off to a great start with more than four million sold in its first weekend—the most ever for a phone and more than double the iPhone 4 launch during its first three days. iPhone 4S is a hit with customers around the world, and together with iOS 5 and iCloud, is the best iPhone ever.”

Last year, Apple announced that it sold 1.7 million iPhone 4 units in the smartphone’s first weekend of availability. This year the iPhone is available with many more carriers than the launch last year. In the US you can pick one up from all the major cell providers: AT&T, Verizon and now Sprint.

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