News tagged ‘profit’
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Bloomberg claims citing a person familiar with Apple’s plans that features under considerations for the device include allowing users to make calls, check map coordinates and see the identity of incoming callers. The device could also include sensors for monitoring health data, such as heart rate, and a pedometer for counting steps.
The Fortune’s ranking is based on a extensive poll of industry analysts, corporate executives and directors who ranked companies by nine key attributes: Use of corporate assets, People management, Financial soundness, Innovation, Social responsibility, Quality of management, Financial soundness, Quality of management, Long-term investment, Global competitiveness and Quality of products/services. Apple scored the number one spot in all nine categories.
Yesterday were the reports about record profits of the first fiscal quarter of 2013, which had not met the expectations of analysts. Apple CEO Tim Cook e-mailed to employees (via 9to5Mac) congratulations, noting their performance and announced the planned meeting only for employees.
In 2012, reports iPodNN, the number of iCloud users grew from 85 million to more than 250 million. The number of iTunes users has exceeded 500 million, with a record profit of 2.1 billion dollars for the quarter.
Apple announced on Wednesday that it will reveal results for the first fiscal quarter of 2013 on January 23 at 2:00 p.m. Pacific/5:00 p.m. Eastern. In the fourth quarter of 2012, Apple saw a 25 percent boost in profits thanks to strong sales of 44 million iDevices, including 26.9 million iPhones, for the three month period. Revenue for fiscal 2012 reached over $156 billion on sales of more than 200 million iOS devices, 18 million Macs, and 35 million iPods.
Since the first shipment of the pre-orders for the iPad mini has already sold, tablets hit records wholesale and retail sales. About 850,000 units will be sold in first week of sales. In a report, obtained by AppleInsider, KGI analyst Ming-Chi Kuo said that in the first week of sales Apple may ship about 850,000 iPad mini, based on a check of the supply chain and logistical considerations, such as transportation.
About 100 million iPads were sold in the first two and a half years. Apple is going to sell another 100 million, but already in 12-month period, thanks to the launch of the iPad mini. Michael Walkley of Canaccord Genuity predicted that Apple will sell 101.6 million iPads in 2013. Judging by this, Apple will own 58.4 percent of the total tablet market. The prediction became known after Apple revealed that iPad sales had exceeded 100 million.
Yesterday, during the earnings call, Apple reported record fourth quarter profits that rose nearly 25% to $8.2 billion. The quarterly revenue amounted $36.0 billion for the three-month period ending ended September 29, 2012. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.
With the iPad mini’s pricing starting at $329, some people were disappointed that Apple was unable or unwilling to release the tablet at approximately $249. With rival 7-inch tablets selling at about $199, some observers believe that Apple left too big pricing gap for potential tablet buyers.