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News tagged ‘profit’


Apple Files Lawsuit Against Kid Who Sold White iPhone 4 Parts





WhiteiPhone4Now

A few months ago we told you about the teenager, Fei Lam, whose site, WhiteiPhone4Now.com had been forced to shut down. He managed to sell $130,000 worth of the white iPhone 4 parts. And only yesterday Apple decided to file a lawsuit against Lam and his parents. The suit claims that the site led to the infringement and dilution of Apple’s trademarks and that it was involved in deceptive practices through selling the iPhone conversion kits. Curiously, Apple has also filed a voluntary dismissal of the lawsuit, which may mean that a settlement has been reached, although the request for dismissal without prejudice may mean that Apple could come after Lim again at a later date.


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Friday, May 27th, 2011. 12:23

University of Delaware Says “Apple Store” Coming On Campus



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The University of Delaware has confirmed that, as part of new campus construction plans, an Apple Store will be located next to the new Bookstore, Starbucks, and other facilities. It’s not clear whether the “store” will be a full-feature retail location, a “mini store”, an authorized reseller, or something else specifically tailored to students. Indeed, several rumors in the past years suggested Apple was planning campus-specific Apple Stores, but the plans were never finalized.


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Written by Svetlana Osipova

Friday, May 13th, 2011. 12:14

Apple Climbs to #35 in Fortune 500 Rankings



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Yesterday Fortune released its annual rating of 500 American’s largest companies by revenue. This time Apple landed at 35th place with over $65 billion in revenue.

Apple climbed 21 slots into the top 50 of the Fortune 500 this year. How'd it get there? The company not only continues to expand its reach in existing markets, it also keeps creating new ones. Take the iPad, which showed the world the power of tablet computing when it was introduced last year. iPad 2 followed, and was one of the most highly anticipated electronic products this year.


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Written by Svetlana Osipova

Friday, May 6th, 2011. 16:53

Apple Changes Its App Policy, Focuses On The Quality, Not Quantity



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Recently Apple has made changes to its app policy and focused on making the iOS App Store the most attractive rather than simply the biggest.

Lately the company has banned the idea of "incentivized app installs", which was used by certain game developers to prompt players to install other apps if they want to continue playing. Because of the incentives some apps become artificially popular and don’t reflect the actual situation in top games chart, for instance.

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Apple Beats Microsoft in First Quarter Profit



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Six months ago Apple’s quarterly revenue for the first time in approximately 15 years was higher than the Microsoft’s one. But Microsoft was unbeatable with its high profit margins that the company achieved thanks to its software sales. The situation changed in the past fiscal quarter.   Today Microsoft has announced net profit of $5.23 billion for the first calendar quarter (third fiscal quarter) of 2011. Apple last week reported profits of $5.99 billion over the same period, which corresponded to the company's second fiscal quarter of 2011. It seems that Apple finally surpassed its longtime rival in almost all position. Moreover Apple’s market cap is now nearly $100 billion higher than Microsoft's.




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Written by Svetlana Osipova

Friday, April 29th, 2011. 14:15

Japan's Disaster Did Not Significantly Affect Apple's Supply Chain



cvilux

Yesterday DigiTimes published a report where it is said that an earthquake and tsunami in Japan had seriously affected the country's supply chain.

Because of the disaster Apple was only forced to order iPad 2 connectors at Taiwan's Cvilux.  Its previous partner in Japan, namely Hirose Electric, became unable to meet demand for Apple because of a power brownout policy in the country. Now Cvilux's business is expected to become more profitable.

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Written by SimplyMax

Thursday, April 21st, 2011. 15:31

Apple’s financial results for Q2 2011



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Yesterday Apple reported its financial results for the second fiscal quarter of 2011. In this quarter Apple earned $24.67 billion and net quarterly profit amounts to $5.99 billion. In the year-ago quarter the company’s revenue was $13.50 billion and net quarterly profit was $3.07 billion. Gross margin was 41.4 percent, compared to 41.7 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.  This fiscal quarter is also the best quarter for the iTunes Store with $1.4 billion revenue. $2 billion was paid to developers in App Store.


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Jailbreaking iPhones Made This Student $50,000



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It seems that jailbreaking of iOS devices become a really profitable business, at least for Kevin Lee, a George Mason University senior, who managed to earn $50,000 a year by jailbreaking and unlocking iPhones. At first, it was a hobby for him that eventually grew into a real business with 30-40 clients per week asking for jailbreak, Cydia installations, graphical customizations and “unlocks” to use the iPhone on wireless carriers otherwise unsupported by Apple.  To achieve success, Kevin posted posting a “Get Your iPhone Jailbroken Today” ad on the popular online community. That helped him to get hundreds of requests. But his business goes against Apple’s rules and as far as we know, at that moment his ad was already removed from the site.




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Written by Svetlana Osipova

Friday, April 8th, 2011. 13:13

Apple Attracts Smaller Companies To Its iAd Network



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Those companies that want to buy interactive ads on Apple's iAd network may rejoice - Apple has lowered the minimum advertising buy from $1 million to $500,000.

John Paczkowski of Digital Daily says in this way Apple wants to broaden its platform and attract smaller companies who are interested in advertising of their products on Apple's network.

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Written by SimplyMax

Thursday, February 24th, 2011. 14:28

Apple to Eliminate Retail Box Software Inventory



no retail boxes

MacRumors has reported that Apple is planning to eliminate boxed software, which only takes up retail space that could be used for higher profit items such as iPad or iPhone accessories. Apple is going to distribute their software through the Mac App Store, strongly believing that the future of software sales will be digital distribution. But how Apple will deal with software which is not available through the Mac App Store? It's not clear now. Though, the idea of total elimination of boxed software also sounds unreal. Perhaps Apple will replace such software with USB software installers.  It may make more sense; nevertheless, such replacement doesn’t appear to be quick.




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Written by Svetlana Osipova

Tuesday, February 8th, 2011. 14:37

Apple's Q1 2011 Conference Call: Notes Of Interest



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Yesterday Apple reported its best quarter in the company's history. That what numbers tell and Apple's CEO Steve Jobs said at the beginning of a conference call:

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales. We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.”

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The Beatles sell five million songs on iTunes



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On November 16, 2010 The Beatles came to iTunes. Two weeks after the initial release, Apple announced 2 million songs had been sold.  And recently Apple has informed The Loop that the iTunes Store exceeded 5 millions of Beatles songs and 1 million Beatles albums sold worldwide. "Abbey Road" is the current best-selling Beatles album in the U.S., while "Here Comes the Sun" is the currently best-selling Beatles song. The Beatles reportedly earn between 18 to 22.5 cents per track sold on iTunes. With five million individual tracks sold so far, that equates to a cool $900,000 to $1.125 million profit for The Beatles for just seven weeks of sales.




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Written by Svetlana Osipova

Sunday, January 16th, 2011. 10:52

CDMA-enabled iPhone 4 May Appear In India And China



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Yesterday analyst Katy Huberty from Morgan Stanley released another note for investors where she forecasted that Apple will sell 72 million iPhones 4 in current calendar year. Wall Street analysts in turn expect only 60-65 million Apple's handsets will be actually sold in 2011.

Katy is optimistic about the appearance of Verizon iPhone and notes that according to the proprietary Morgan Stanley survey, this year the largest network of the US will be increased by 7-8 million iPhone users, while totally there will be "10-11 million incremental shipments, including those who switch to Verizon".

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Google Announced New Version of Android Market



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This week Google has released a new version of its client app for Android Market, which will work on any smartphone running Android OS 1.6 or higher.

The company aims to facilitate the process of discovering new software and its purchase. That's why new Android Market will have a Cover Flow-like style of app listings and include new categories like Widgets and Live Wallpapers, as currently the catalog is filled pretty much with these kinds of software. Besides that, app pages will now have more info and links to related content.

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iPhone 4 is the most difficult product to buy in China



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Ticongera Securities analyst Brian White provided another update for investors while touring the Far East. In his note he says that iPhone 4, iPad and 11-inch MacBook Air are the most difficult products to purchase in China.

Local carrier China Unicom cannot fulfill almost a third of preorders, and people wait for their devices for around two months. That creates wide growth opportunities in China, and White says Apple's interest in this market is definitely positive.

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