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  • Apple Q2 ’13 Intl Sales 56% Of Total Revenues; Cook Defensive On China: “Best Quarter Ever” At $8.8B

    Apple Q2 ’13 Intl Sales 56% Of Total Revenues; Cook Defensive On China: “Best Quarter Ever” At $8.8B

    Apple today posted Q2 earnings that beat estimates at $43.6 billion in sales, which illustrates that, while the Americas — led by the U.S. — remains the company’s single biggest market, Asia, led by sales in China, continues to show the strongest growth amidst weakened demand at home and in Europe. Overall, international revenues outside of the Americas were $24.3 billion, or… Read More

  • Apple Passes 45B Total Unique App Downloads At A Rate Of 800 Per Second With Over $9B Paid To Devs

    Apple Passes 45B Total Unique App Downloads At A Rate Of 800 Per Second With Over $9B Paid To Devs

    Apple took time to update investors on the status of its ecosystem on today’s call, revealing that it has crossed the 45 billion total app download mark, just over four months after it crossed the 40 billion download mark back in January. Apps are being downloaded at a rate of 800 per second, from a total pool of 850,000 iOS apps in total, with 350,000 apps designed for iPad alone. Read More

  • Apple’s Q2 2013 In Charts

    Apple’s Q2 2013 In Charts

    Apple just released its fiscal Q2 2013 earnings, and as always there’s plenty to dig into. In case you’re more of a visual learner (or just don’t have the time to read through multiple posts), take a peek at these charts to get a feel for how the folks in Cupertino did for themselves this time around. If you feel like learning a little more, clicking each of the charts will… Read More

  • Apple’s iCloud Grew 20 Percent In Q2, To 300M Users

    Apple’s iCloud Grew 20 Percent In Q2, To 300M Users

    Apple announced today that it now has 300 million users for iCloud, up 20 percent from the 250 million that it announced in January. iCloud, which allows users to sync their content and data across devices, was launched 18 months ago to replace the MobileMe service. Company executives said today that they will “continue to invest in the ecosystem” with new features and… Read More

  • Apple Will Initiate Share Repurchases To Increase Dividends (And Boost Apple Shares)

    Apple Will Initiate Share Repurchases To Increase Dividends (And Boost Apple Shares)

    Apple now has $145 billion in cash and it needs to do something about it. That’s why Apple CEO Tim Cook just announced during the earnings call that the company will initiate a stock buyback. It means that Apple will use part of its cash to repurchase existing shares, taking them out of the market, increasing existing stockholders’ shares. That investment will go directly to… Read More

  • Apple CEO Tim Cook: “We Acknowledge That Our Growth Rate Has Slowed”

    Apple CEO Tim Cook: “We Acknowledge That Our Growth Rate Has Slowed”

    Apple CEO Tim Cook made a very candid introduction remark during the earnings call. “We acknowledge that our growth rate has slowed,” Cook said. He then said that Apple has experienced “tremendous successes” over the past few years and that may be the reason why growth is slowing. “Decline in stock price has been very frustrating to all of us,” he said. Read More

  • Apple Sells 37.4M iPhones And 19.5M iPads In Q2, Tablet Business Shows 65% YOY Growth

    Apple Sells 37.4M iPhones And 19.5M iPads In Q2, Tablet Business Shows 65% YOY Growth

    Apple has just released its Q2 2013 earnings report, announcing sales of 37.4 million iPhones in the quarter ending March. Apple also reported 19.5 million iPad units sold, which shows incredibly strong growth for Apple’s tablet business. This is a slight decrease from last quarter, which included a holiday sales spike and being the first full quarter in which the iPhone 5 was available. Read More

  • Apple Sells 3.95M Macs In Q2 2013, Nearly Flat From Q2 2012 And Down 1.25% Sequentially

    Apple Sells 3.95M Macs In Q2 2013, Nearly Flat From Q2 2012 And Down 1.25% Sequentially

    Apple’s Mac sales continued to slide this quarter, as Apple sold only 3.95 million computers running OS X, down just over 1 percent from the 4.1 million they sold in Q1 2013, and pretty much flat compared to the 4 million they sold in the same quarter last year. That’s no surprise: PC sales are sluggish in general, and while Macs aren’t running wild, flat growth is better than… Read More

  • Apple’s Pile Of Cash Is Still Growing, Up 6% To $145 Billion

    Apple’s Pile Of Cash Is Still Growing, Up 6% To $145 Billion

    Apple now has $145 billion in cash on hand — a 5.8 percent increase over the past three months. The company last reported that they had $137.1 billion in cash back on December 30. To put this into perspective, with $140 million, you can produce the movie Spider-Man. Apple has enough money to produce a thousand blockbusters. Apple could use its cash to acquire some companies. But with… Read More