iPhoneRoot.com       

News tagged ‘profit’


Interesting facts from Apple Financial Results Conference Call





Retail

Recently Apple Chief Operating Officer Tim Cook and Chief Financial Officer Peter Oppenheimer had a financial conference call with the press and analysts. Here are some interesting facts we gained from the conversation:


Read the rest of this entry »




|
   

Leave a comment

Associated Press Has Plans for iPad's Customers



ap

Yesterday the Associated Press announced plans to create a new unit named "AP Gateway". It will focus on creating an application for mobile platforms and particularly for iPad tablet device.

It is likely that their app will require a paid subscription, but at first it may appear as free, according to AP senior vice president Jane Seagrave.

AP Gateway will work with local news affiliates to create package of their own content.

Other publishers are still expressing concern over the profit that will be shared with Apple and the latter's unwillingness to report information about subscribers (which is important for marketing and tailoring publisher's content).




|
   

Leave a comment

News from Apple's shareholders meeting



china

Shareholders meeting started at 1 p.m. EST Thursday. For almost 2,5 hours they discussed different topics and revealed some interesting information.

First of all, Apple is going to open 25 retail stores in China. As you know, the first Chinese store was built in 2008, and since then only plans about revealing another store were announced.

Secondly Steve Jobs told Apple will build its reserves to make big investments in the future. He also mentioned it is a better way of dealing with profit than paying dividends or doing stock buybacks. At this moment Apple has ~40 billion dollars in their chest.




|
   

Leave a comment

Written by SimplyMax

Friday, February 26th, 2010. 2:33

iPod Touch is for kids?



An interesting fact was revealed by Admob Mobile Metrics when they ran an opt-in surveys on iPhone, iPod Touch, webOS and Android devices to understand how they are engaging and interacting with applications.

As you see on the photos below, it becomes obvious that iPod Touch is more popular for teenagers. Moreover, as latter are mostly supported by their parents, they use these devices differently, and that is why the number of free downloads is so high for iPod Touch users.

Apparently, iPods make a high profit to Apple, but is this so because of children?

admob1


Read the rest of this entry »




|
   

Leave a comment

Apple Reports $1.67 Billion Profit for Q4 2009, Most Profitable Quarter Ever



apple_052

Apple today announced financial results for the fourth fiscal quarter (third calendar quarter) of 2009. Apple posted revenue of $9.87 billion and net quarterly profit of $1.67 billion, or $1.82 per diluted share, compared to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, compared to 34.7 percent in the year-ago quarter, and international sales accounted for 46 percent of the quarter's revenue.

The numbers represent the most profitable quarter in Apple's history and include record-breaking Mac and iPhone quarterly sales.

Conference Call Notes

Read the rest of this entry »




|
   

Leave a comment

Apple is #253 in the list of world's largest corporations



fortune

Fortune recently posted their annual ranking of the world's largest corporations, where Apple got 253th place (+84 comparing to last year). According to Fortune Apple got more than $32 billion of revenue and $4.8 billion of profit.

Here is top 10:

  1. Royal Dutch Shell
  2. Exxon Mobil
  3. Wal-Mart Stores
  4. BP
  5. Chevron
  6. Total
  7. ConocoPhillips
  8. ING Group
  9. Sinopec
  10. Toyota Motor

via deepapple and fortune




|
   

Leave a comment

Written by admin

Saturday, July 11th, 2009. 19:31

Smartphone market in 2011 and 2013: looks nice to Apple



marketshare

Generator Research says that Nokia's smartphone marketshare will plummet from over 40 percent today to only 20 percent by 2013. They predict that Apple, on the other hand, will hit 33 percent marketshare by that point, matching Nokia sometime in 2011—just two years away—with 77 million phones.

That scenario, though, depends on some awesome conditions for Apple (think about 77 million iPhones!) on top of some truly horrific ignorance from Nokia, letting the smartphone market go almost entirely with a half-assed defense of its position as it focuses on profits from its mass volume low-cost wares in developing countries. Probably Nokia will stop making smartphones like the N97 some day and will create something nice.

via gizmodo




|
   

Leave a comment

Written by admin

Wednesday, July 8th, 2009. 15:00

OpenClip - Copy/Paste for iPhone



One of the common complaints about Apple’s iPhone–and one that did not get solved with the launch of the iPhone 3G–is the lack of a copy-paste function. An independent developer Zac White has taken matters in his own hands and founded a non-profit, open source, community project called OpenClip which is offering iPhone developers a free Copy and Paste framework that will add this functionality to their applications.


Read the rest of this entry »




|
   

Leave a comment

MacBook prices will be lower



Investment bank Piper Jaffray said Tuesday it believes Apple is readying new iPod and notebook products that will apply downward pressure to profit margins because they'll be priced more affordably, such as 13-inch MacBook that will fetch less than $1000.

"We believe there is an 80% chance Apple will introduce redesigned MacBooks and possibly new MacBook Pros at lower price points," he wrote. "Specifically, Apple may re-enter the $999 price point (currently $1099) with the MacBook, or test the $1,799 price point with the MacBook Pro (currently $1999)."

The Piper Jaffray analyst reiterated his Buy rating and $250 price target on shares of Apple.

--

via appleinsider




|
   

Leave a comment

Written by admin

Wednesday, July 23rd, 2008. 19:43

Apple's third quarter results



Cupertine California—July 21, 2008—Apple today announced financial results for its fiscal 2008 third quarter ended June 28, 2008.

Apple shipped 2,496,000 Macintosh computers during the quarter, representing 41% unit growth and 43% revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12% unit growth and 7% revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter.

The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8%, down from 36.9% in the year-ago quarter. International sales accounted for 42% of the quarter’s revenue.

Not bad at all.

via apple.com




|
   

Leave a comment

Written by admin

Tuesday, July 22nd, 2008. 15:54