iPhoneRoot.com
News tagged ‘profit’
GT Advanced to supply sapphire to Apple
GT Advanced has published its quarterly earnings report and updated the information concerning its deal to produce sapphire material for Apple.
Leave a commentApple requests Sony to supply more camera components
Nikei reports that Sony is likely to increase the supply of camera components for the coming iPhone.
The Japanese firm already supplies nearly all of the CMOS (complementary metal-oxide semiconductor) sensors for the current iPhone models' rear-mounted main cameras. Apple is likely looking to switch to Sony sensors for the secondary camera on the screen side, used for taking self-portraits.
42% of Smartphone Users in the USA Own iPhone
According to a research firm NDP, more than 40% of all smartphone users in the USA own an iPhone. This is a significant improvement from Q4 2012 figure, which was 35%. Samsung’s Android devices become more and more popular, so the South Korean manufacturer comes on its usual second place. As to the other companies, namely, Motorola, LG, HTC and Blackberry, their share on the market continues to drop.
Tim Cook is “Incredibly Optimistic” about Deal with China Mobile
Tim Cook is “incredibly optimistic” about the deal with China Mobile. This is what he said on a small meeting ahead of iPhone 5s launch on the world’s largest carrier network. Well, the fact that Apple’s iPhone will officially debut on the world’s most profitable market on Friday would make any Apple employee happy and optimistic, I guess.
Smartphone Sales Growth Slowing in China in Q4
Chinese market is one of the most profitable in the entire world. This is probably one of the main reasons why Apple decided to sign a partnership deal with China Mobile - guys from Cupertino don’t want to lose such powerful source of income. However, according to some analysts (via ), the smartphone sales growth is slowing in China these days.
China Mobile Deal Can Boost iPhone Sales by 12 Million Units in 2014
According to the latest , the deal between the company from Cupertino and China Mobile can possibly boost iPhone sales by at least 12 million units in 2014. Moreover, there’s potential for even higher sales rates.
China Mobile Denies Signing Deal with Apple - Negotiations in Progress
A few days ago The Wall Street Journal published a report claiming that Apple and China Mobile signed the partnership agreement. Well, looks like these companies actually failed to finish the negotiations and the information, provided by an unknown source, is just fake. What that means is that we don’t know for sure if the iPhone will debut on China Mobile network by the end of this year or not.
Experts Raised Target Price for AAPL
According to Fortune’s latest report, the experts from Deutsche Bank and Global Equities Research have raised the target price for AAPL. They say such predictions appeared after the analysts took a look at company’s Black Friday sales results.
Apple Shared its Financial Results for Q4
A few days ago, Apple shared its financial results for the fourth quarter. These results prove that the company from Cupertino still remains one of the most successful in the world.
Apple Reportedly Increases iPhone 5s Production by 75% and Decreases iPhone 5c Production by 35%
According to the latest NPD report, Apple is sure to cut the production of the iPhone 5c by 35% and boost the production of the flagship iPhone 5s by 75% soon. Such changes are no doubt caused by poor sales of the plastic model in China and all over the world - people still prefer high-end 5s to less expensive 5c and this is probably a surprise for Apple.
iPhone 5s May Increase Apple's Gross Margins up to 40% in the Coming Quarters
iPhone 5s is a very successful device in both U.S. and international markets. In fact, it is so much popular among the customers that can possibly help the company from Cupertino boost the gross margins to incredible 40%. Well, this is at least what Maynard Um of Wells Fargo Securities predicts (via ).
Apple's iPhone 5C Expected to Have Greatest U.S. Benefit for T-Mobile
Apple’s new lower cost iPhone 5C is expected to have the greatest domestic benefit for T-Mobile. You see, this carrier has always been considered as the one for budget-oriented subscribers - combine this with the cheap plastic iPhone and you'll get profit.
Foxconn profits raise by 41% due to high iPhone sales
According to The Wall Street Journal, Hon Hai Precision Industry Company, widely recognized as Foxconn, has experienced an abrupt upsurge of 41% of the second quarter profits. Foxconn is Apple's leading iPhone and iPad assembler, and the increase in revenue is accounte to by high iPhone sales rates.
The report notes that 40% of Foxconn's profits come from Apple. In the second quarter of 2013 the figure of net profit of Hon Hai Precision Industry reached the top point of NT$16.98 billion (USD $566.7 Million) as compared NT$12.06 billion (USD $402 million) from the same period in 2012.
UniMicron and Foxconn Dump Toxic Waste into Rivers?
Apple suppliers - UniMicron and Foxconn - are accused of dumping toxic waste into nearby rivers, The Wall Street Journal reports. Taking into account numerous accusations and suspicions of local environmental groups, Chinese government decided to begin the investigation of the incident.
Apple is EA's biggest retail partner
According to EA quarterly report, Apple has become the company's biggest retail partner. EA gained more money through Apple than any other single partner. It's revenue from smartphones and tablets reached $90 million , although it was not specified how much of that was exclusive to iOS.
The Simpsons: Tapped Out had the highest quarterly profit and the last three quarters were more prosperous than any other previous quarters. Other games like Real Racing 3 also gained quite a lot of money as well. The racing game boasts 45 million downloads and averages 2 million daily users.
