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News tagged ‘profit’


Phil Schiller Defends Pricing On iPad Mini





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.


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Written by maxim

Wednesday, October 24th, 2012. 21:43

Apple Will Be Only Supplier of New Dock Connector Adapter



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iLounge reports that Apple will be the only supplier of its new adapter for the next iPhone that will allow the new device to be used with 30-pin dock connectors. Reportedly Apple will sell these adapters for $10 each or $29 for three pieces. However, it is also possible that the company will allow third parties to manufacture such adapters at a later date.


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Written by maxim

Wednesday, September 5th, 2012. 22:56

Apple Lost 2 million iPad And iPhone Sales Because Of Samsung’s Сopying



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The Verge reports that today in the Samsung vs. Apple court trial Apple called a financial expert Terry Musica to the stand. While on the stand Terry Musica provided the jury a breakdown showing how much profits Apple lost due to Samsung’s patent violation. According to his estimates, Apple lost 2 million iPad and iPhone sales, costing $488.8 million in total. The calculations are based on the products that Samsung is accused of copying, royalty fees that Samsung should have paid for accused products, and profits that Apple have lost.


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Written by maxim

Tuesday, August 14th, 2012. 13:18

Jonathan Ive Talks On Design And Apple’s Goals



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According to Wired UK, Apple head of design Jonathan Ive took part in a session yesterday at the Global Business Summit where he shared some of his thoughts about the creative process at Apple. While he had previously offered his perspective on design, his comments yesterday give a better idea of how things work at the company. He said:


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Written by maxim

Tuesday, July 31st, 2012. 12:41

Apple's iPhone twice as profitable per unit as iPad



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Another finding discovered in the course of Apple’s ongoing lawsuit with Samsung has revealed that the carrier-subsidized iPhone has margins north of 50 percent, nearly twice as high as the iPad. For iPhones sold between April of 2010 and March of 2012, Apple's gross margins were between 49 and 58 percent, and for iPads - between 23 and 32 percent.


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Written by Svetlana Osipova

Saturday, July 28th, 2012. 23:12

Apple Reports Results for Q3 2012: $8.8 Billion Profit on $35 Billion in Revenue



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Yesterday Apple announced financial results for the second calendar quarter and third fiscal quarter of 2012. Apple posted revenue of $35.0 billion and net quarterly profit of $8.8 billion. The numbers are dramatically weaker than what analysts were expecting. The company did beat its own guidance, however. Last quarter, Apple said it would make $34 billion in revenue.


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Written by Svetlana Osipova

Wednesday, July 25th, 2012. 15:29

Chinese resellers already taking $1100 pre-orders for iPhone 5



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The next-generation iPhone 5 is not released yet, but the demand is already high. The handset is expected to be one of the line’s biggest updates since it was introduced, 5 years ago.

According to a new report some Chinese resellers are taking advantage of the hype, by taking pre-orders for the phone.

Reuters reports:

“Apple Inc’s (AAPL.O) next-generation iPhone has not even been released yet, but opportunistic sellers on China’s largest e-commerce platform, Taobao, are already accepting pre-orders, complete with mock-up pictures and purported technical specifications.”


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Written by admin

Thursday, July 12th, 2012. 16:53

Apple Places 55th on Fortune Top 500



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Apple has placed 55th on Fortune's Global 500 Top Companies, an annual list of the world's biggest corporations. Apple moved up the list from 111th place last year. Samsung placed 20th. Top 3 are Royal Dutch Shell, Exxon Mobil and Walmart.

Here is the full list:


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Tuesday, July 10th, 2012. 20:38

iPhone Turning Five Years Old



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Yesterday Apple’s iPhone celebrated its 5th anniversary. Since its launch in 2007, the smartphone generated the company $150 billion of cumulative revenues worldwide. Recognizing the milestone, Strategy Analytics offered its latest statistics, noting that Apple has shipped 250 million iPhones in the first five years since launch.


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Written by Svetlana Osipova

Thursday, June 28th, 2012. 10:47

Apple's new iPad estimated to cost $1.36 per year to charge



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The Electric Power Research Institute (EPRI), an independent non-profit organization focusing on electricity research and development, carried out the study of the Apple's new iPad, having found that devices like it could help lower the high power consumption. The institute discovered that charging a device once every other day from full discharge costs mere pennies per day, a dramatic reduction from large electronics like HDTVs and PCs.


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Written by Svetlana Osipova

Saturday, June 23rd, 2012. 17:13

Apple's 2012 profits forecast to be highest of any public company ever



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The Wall Street analyst suggests that Apple could generate the highest annual net income of any publicly traded company in history this year.

As of Monday morning, Apple's market cap was at about $545 billion. Some Wall Street analyst have noted a rather interesting trend amongthe largest companies. Companies that exceed $500 billion in market capitalization have trouble growing much beyond that point.  The analysts are concerned that a similar scenario could happen with Apple.


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Written by Svetlana Osipova

Tuesday, June 19th, 2012. 16:55

Apple rockets up Fortune 500 list, still trails HP



Fortune500

Fortune has recently published its annual ratings of the 500 largest corporations in America and placed Apple on the 17th place. That means that the company managed to leap 18 spots from the last year 35th place.

According to Fortune, the iPhone maker's performance in the "Computers, Office Equipment" industry was topped only by Hewlett-Packard, which finished 10th overall. HP's revenue totaled over $127 billion compared to Apple's $108 billion, however the percent of change from 2010 was a stark contrast between the two companies which grew 1 percent and 66 percent, respectively. Apple's profit skyrocketed to nearly $26 billion representing an 85 percent change from 2010, while HP saw negative growth of 19 percent with a little over $7 billion in profits.


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Written by Svetlana Osipova

Tuesday, May 8th, 2012. 21:24

Apple Reports 2012 Second Quarter Results



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Apple announced the company results for Q2 2012. Apple has $110 billion in cash reserves, which is up from $81.5 billion in September 2011. Apple was also up in every other segment with $18.4 billion in short-term marketable securities (up from $16.1 billion) and long-term marketable securities at $81.6 billion, which is up from $55.6 billion in the previous six-month period ending September 2011.

Here are some interesting numbers that Apple reported for the quarter:

iTunes and App Store:

  • $1.9 billion in iTunes revenue (a 35 percent YOY increase)
  • 600,000 apps (200,000 iPad specific apps)

iOS devices:

  • 365 million iOS device sales
  • $22.7 billion in revenue from iPhone and accessories
  • 6.6 billion in revenue from iPad and accessories.
  • 7.7 million iPod sales
  • 94 percent of Fortune 500 and 75 percent of global 500 testing or deploying iPad

iCloud:

  • 125 million iCloud users—up 25 million from February

Retail Stores:

  • $4.4 billion in retail store revenue, up 8 percent
  • 363 Apple Stores
  • 826,000 Macs sold in store—half to new customers
  • $12.2 million average revenue per-store (up from $9.9 million)
  • 85 million visitors to retail—18,000 per store, per week

Here is official press release:


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Apple's Q2 2012 earnings call to take place on April 24



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Apple yesterday updated its investor relations page to announce that it will report its earnings for the second fiscal quarter (first calendar quarter) of 2012 on Tuesday, April 24. The conference call is scheduled to follow at 5:00 PM Eastern / 2:00 PM Pacific.

Apple reported a blowout December quarter on January 24. The company made a record $13 billion in profit on sales of 37 million iPhones, 15 million iPads and 5.2 million Macs.


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Written by Svetlana Osipova

Wednesday, April 4th, 2012. 14:42

Apple next-generation iPad liveblog



11:23AM - That’s it!


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