Europe is a key market for Apple. Last quarter it remained the second-highest revenue generating region after the U.S. In its Q4 earnings today, Apple reported total revenues of $8,023 billion in Europe for Q4, down three percent on the previous quarter. Total revenues in the region were up eight percent year-on-year, but sales of Macs were down three percent. → Read More
During the Q4 Apple earnings call, Cook addressed words spoken by Steve Jobs in the past regarding a 7-inch tablet
On comments that Steve made before about 7 inch tablets, let me be clear, we would not make one of the 7 inch tablets, we don’t think they’re good products, we’d never make one. → Read More
On the Apple Q4 conference call, both CFO Peter Oppenheimer and CEO Tim Cook took a moment to defend the iPad’s pricing in response to a question about what they think about comments it’s too high. Not surprisingly, both defended the pricing decision and talked quality. Cook argued that they didn’t want to create a device that gets users to buy, but then doesn’t get used. → Read More
It might not ship as many units as the iPhone or the iPad, but Apple TV continues to gain ground in the connected TV market. During today’s earnings call, Apple CEO Tim Cook said the company sold 1.3M units of the device in its fourth quarter, ending with 5.3M total sold over the last 12 months — not bad for a device that Apple has considered a “hobby” over the years. Cook… → Read More
During Apple’s earnings call today, the company’s CEO Tim Cook called Microsoft’s Surface a “fairly compromised and confusing product,” though he also admitted that he hasn’t “played with one yet.” According to Cook, “you could design a car that flies and floats, but I don’t think it would do all of those things very well.” According to Cook, people will conclude they will want an iPad, “and I… → Read More
It’s easy to forget the big picture when you report on a quarterly earnings. Apple has seen a tremendous year. With $156 billion in revenue representing 45 percent growth compared to 2011, and an incredible 61 percent increase of net income compared to 2011. But even more impressive, Apple now has $121.3 billion in cash, enough to buy Amazon or a space station, and still having some left. → Read More
During the Q4 2012 earnings call today, Tim Cook fielded a question regarding the upcoming strong financial push that Apple will be making this holiday season. As you know, Apple had a strong Q4 and has just re-launched its complete lineup of products. It’s before Christmas, so someone is getting goodies in their stockings their year.
Cook said that customers are delighted with Apple products… → Read More
The iPad mini’s gross margin is “significantly below” the rest of Apple’s product line at $329, Apple CFO Peter Oppenheimer said on the company’s conference call today. He said that’s driving lower guidance for the upcoming quarter despite a number of new products just-launched across its lineup of offerings. → Read More
During its Q4 2012 earnings call today, Apple announced that iCloud, its cloud storage and backup service for documents, contacts, photos, music and other data, now has 190 million users. That’s up significantly from the 150 million users the company cited during its last earnings call in July and the 125 million it announced in April. → Read More
Apple’s Q4 results mean we also now have the total hardware sales the company managed for the 2012 financial year. The company sold an amazing 125.04 million iPhones, 58.23 million iPads, 18.1 million Macs and 35.2 million iPods. To put that in perspective, it sold only 72 million iPhones across all of FY 2011. → Read More
Apple managed to sell a lot of iOS devices over the last three months. But iPad sales are still declining. They are down 17.6 percent to 14 million compared to 17 million in Q3 — a bit more than expected. Analysts expected at least 15.55 million units, and sometimes more. Apple missed on those sales. → Read More
Today, as we check out Apple’s Q4 2012 earnings, we learned that the company did an amazing $4.2B in sales in its retail stores alone. In Q3, that number was about $4B.
People lining up at its retail stores for an iPhone 5 certainly helped Apple march towards an impressive quarter, and things are slowing down. It’s clear that the iPad also had something to do with that, as the company announced… → Read More
Apple had another solid quarter for hardware sales, with iOS device sales leading the charge. iPhone sales were up from last quarter, and increased 58% year over year thanks to the iPhone 5, which was on sale for a little while ahead of the end of the quarter on September 30, but in the end sales disappointed analyst expectations across the board. → Read More
Apple has just released its fiscal Q4 2012 earnings, and the consumer computing giant reported generating $36 billion in revenue (compared to $35 billion in Q3, and $28.27 billion in the year-ago quarter).
The company also recorded profits of $8.2 billion (compared to $8.8 billion in Q3, and $6.62 billion in Q4 2011), which works out to diluted earnings of $8.67 per share. → Read More
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