News tagged ‘sale’
Apple early today updated its investor relations page to officially state that it will report its fiscal first-quarter (fourth calendar quarter of 2011) earnings on Tuesday, Jan. 24, when it will reveal the results of the iPhone 4S launch and holiday shopping season.
Apple’s conference call webcast discussing Q1 - 2012 financial results will begin at 2:00pm PT/5:00pm ET on Tuesday, January 24, 2012.
Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties, and that actual results may differ materially from these forward-looking statements. For more information on the factors that could influence results, please refer to Apple’s SEC filings.
Current expectations on Wall Street call for Apple to report profits of $9.83 billion on revenue of $38.16 billion. A total of 46 analysts polled skew as high as $10.74 billion and as low as $8.88 billion in their predicted revenue. The company is also predicting all-time record iPhone sales as industry sales estimates have been pointing toward a similar record for Mac sales. iPad sales are also expected to be strong with a record number of sales. As for iPod sales, this quarter remains the company's strongest while iPods remain ones of the most popular gifts.
According to the Daily Mail report, Apple wants to bid for rigts to stream
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In late 1990s, when Apple had some financial hardships the company elected to turn over its trove of materials to Stanford University's Silicon Valley Archives. Apple had been collecting the materials with the intention of forming its own company museum. The materials include "hundreds of box" requiring more than 600 feet of shelf space and has early photos of a young Steve Jobs and Steve Wozniak, blueprints for the first Apple computer, user manuals, magazine ads, TV commercials, company t-shirts and drafts of Jobs' speeches.
The university hopes its efforts will ultimately help historians, entrepreneurs and policymakers understand how a startup launched in a Silicon Valley garage by two college dropouts grew into the world's largest company.
The latest figures from Net Applications show that Apple closed out 2011 with a commanding 52.1 percent share of mobile devices tracked browsing the Web. In second place was Java ME with 21.3 percent, while Google's Android came in third with just 16.2 percent.
Apple's share slid from 54 percent in November of 2011, and is down from its high of 61.5 percent in October. But it's also up from the 46.6 percent share iOS was tracked at in February of 2011. Coming in fourth in the data was Nokia's Symbian platform, with 5.8 percent, while Research in Motion's BlackBerry holds 3.5 percent. Interestingly, while sales of new BlackBerry devices have been weak, December of 2011 proved to be the best month of the year for RIM.
If dividing Apple’s devices shares in mobile web-browsing, the iPhone took 25.2 percent and leads all mobile devices. The iPad, though, was the second most popular device, with a 24.5 percent representation.
In the PC market Apple’s Macs platform finished with 6.4 percent in December of 2011 comparing with the 92.2 percent share Microsoft held with Windows. Windows XP, despite being 10 years old, is still leading the market with 46.5 percent. Windows 7 is in second with 37 percent, while Windows Vista holds 8.44 percent. As for Apple's Mac OS X, Mac OS X 10.6 Snow Leopard platform remains its most popular at 3 percent, Mac OS X 10.7 Lion, released in July, closed out 2011 with a 2 percent share in December.
Market research company comScore
Reuters reports that Apple has been fined 900,000 euros, or $1.2 million, in Italy in response to complaints of "unfair commercial practices" related to product warranty disclosures. Apple sold its products with a standard one-year warranty. The customers had an option to buy a second year through AppleCare, but local laws require companies to protect buyers with a free two-year warranty.
According to the report, Italy's antitrust regulators ruled that Apple has not been providing adequate disclosures about the two free years of product warranty assistance required under Italian law that is why Apple was fined 400,000 euros for not providing adequate information to customers about the length of product guarantees, and another 500,000 euros stemmed from Apple not giving customers enough information about its AppleCare extended warranty.
The authority said Apple Sales International, Apple Italia and Apple Retail Italia did not properly inform customers that they were entitled to two years of free assistance under Italian law. Three Apple spokesmen contacted by Reuters weren't immediately available for comment.
Information provided about an extra guarantee scheme, the "AppleCare Protection Plan," encouraged customers to buy the service without clearly explaining that it overlapped with the free assistance required by law, the competition authority said.
The Argentinean government has temporarily blocked sales of certain electronics including Apple's iPhone and RIM's BlackBerry. Such measures were attempted in order to stabilize the country's ailing economy, to slow rising inflation and correct the disparity between the pesos and U.S. dollar, while suggesting that companies must build plants in the country to resume sales.
In order to continue smartphone sales in Argentina, Apple must build a plant or partner with a local company to manufacture the iPhone. RIM is reportedly looking to partner with an existing plant so that it can continue sales in the region. Other handset makers like Motorola, Nokia and Samsung have already moved or built plants in Argentina's Tierra del Fuego free zone after the government passed the Internal Revenue Law of 2009, which added a 20.48 percent tax to the existing 21 percent VAT for certain imported electronic devices.
According to Argentinean site Fortunaweb, iPhone and BlackBerry sales comprised 60 percent of the total market in October. And to strengthen the Argentinean economy, the government made decision to support local manufactures, banning some electronics manufactures from sales in this country. The Economist reported in December article that "a slowing year-to-year GDP blamed on decreased demand for agricultural commodities and huge government subsidies have caused the country to enact tighter controls on capital flight".
China's People's Daily reported this week that Apple had met all of the requirements for the iPhone 4S to launch in mainland China, and Ministry of Industry and Information Technology granted China Compulsory Certification for the iPhone 4S on December 22. The report claims that the handset will be launched in mainland China before the Chinese New Year that takes place on Monday, January 23, 2012.
Filings with the Chinese government show a WCDMA phone manufactured by Apple was granted approval. Though it does not specifically reveal that the device is the iPhone 4S, it is listed as model number A1431, which is the same number Apple used to obtain a network entry permit for the iPhone 4S. The approval process and anticipated release of the iPhone 4S has dragged out in China as Apple has quickly launched its latest smartphone in other major markets around the world. It's been the fastest rollout ever for a new iPhone model.
Some regional branches of China Unicom have already started taking preorders for the iPhone 4S in anticipation of the device’s launch. Moreover, Siri, Apple's voice-controlled personal assistant application, is rumored to gain support for Mandarin by March of 2012 that will obviously drive sales of the iPhone 4S in China.
Chinese language newspaper China Daily reported on Monday that Apple’s Chinese manufacturing partner - Foxconn – plans to double the size of its iPhone-producing plant at Foxconn Science Park in Zhengzhou that now produces over 200,000 iPhones a day. The company is expected to spend $1.1 billion to expand the plant that, after the massive expansion, would bring Foxconn $20 billion in sales revenue in 2012. Moreover, the plant is expected to become the largest smartphone-producing facility in the world after the $1.1 billion construction.
Apple's primary iPhone manufacturer will increase the number of production lines to 95 and add to its over 1 million mainland China employees, 130,000 of whom work at the Zhengzhou facility. Foxconn currently employs a total of 1.2 million people and supplies electronics to a number of worldwide companies.
Foxconn also owns a production facility in Brazil. The plant also produces some iPhone models. The company now tries to come to a decision with local authorities concerning a $12 billion investment to build an iPad manufacturing plant in the region. Rumors claim that Foxconn will begin producing the iPad 3 with Retina Displays in January.
AllThingsD has decided to have a look at how the launch of Apple's Newsstand iOS 5 feature has affected subscription sales. Popular Science magazine was an object for the study that has revealed that the prominent placement of the Newsstand app and easy access to updated content has driven a substantial increase in new subscriptions. In fact, Apple’s Newsstand is a new way for users to keep track of their subscriptions, house them in a dedicated folder.
The chart comes to us courtesy of Mag+, Bonnier’s tablet-publishing software business. And as Mag+ CEO Staffan Ekholm points out, the really promising indicator for Pop Sci isn’t the one-week sales leap of 13 percent — it’s that the the magazine’s growth picked up after that week, with more velocity.
If you look at the graph above, you will find out that Popular Science appears to have been adding new subscribers at a constant rate of about 700 per week during the several months. Noteworthy, the magazine was a leader among digital media even before the debut of iOS 5. But a month after iOS 5 launch, we see a significant bump in Popular Science subscription sales at nearly double the rate seen before the arrival of Newsstand.
A study by retail analysis firm RichRelevance released on Friday notes that Apple's iOS dominated mobile online shopping in 2011, holding just over 92 percent of the market, reports Market Watch. iOS users spend 19 percent more than those using Google's platform on mobile purchases.
The study has analyzed 3.4 billion shopping sessions between April and December 2011. The iOS devices share in mobile sales grew from 88 percent in April to over 92 percent in December. This proves that Apple's iOS growth continues to lead the market in many ways including online browsing.
“The numbers across our retailing partners sites demonstrate just how powerful the iOS platform is enabling mobile web shopping and, while still below 5 percent in total conversion, mobile traffic’s doubling in eight months is a trend we only see accelerating,” said Rich Relevance CEO David Selinger.
Last month we reported that Samsung released a revised Galaxy Tab 10.1N design in Germany in order to avoid an injunction over the sale of the device due to design issues. Apple quickly filed suit in an attempt to bar the new design, claiming that changes in the design were not significant. Though, the judge seems not to support Apple’s point of view and may not going to issue a ban on Galaxy Tab 10.1N sales in Germany, giving customers opportunity to choose between Apple’s and Samsung’s tablets. However, the final decision on Apple's request is scheduled to be released on February 9.
The Dusseldorf court that banned sales of the Galaxy 10.1 on Sept. 9 is unlikely to grant Apple an injunction against the Galaxy 10.1N, Presiding Judge Johanna Brueckner-Hofmann said at a hearing today. Samsung has changed the device’s design sufficiently to distance it from the iPad, she said, adding that the view is preliminary. [...]
“Consumers are well aware that there is an original and that competitors try to use similar designs, so buyers are vigilant when looking at products,” Brueckner-Hofmann said. “We don’t think that someone buys a Samsung to make his table neighbor at the coffee house believe he owns an iPad.”
According to a new study released by market research firm Distimo, despite the proliferation of handsets running Google's Android OS, which now accounts for 53 percent of the mobile smartphone market, Apple's U.S. App Store remains the top marketplace for mobile downloads. But Chinese App Store sales continue to grow and may even bypass Apple's U.S. App Store numbers in 2012.
Over the course of 2011, Apple's iPhone app sales saw a steady decline month-to month, though Distimo blames the lull on the later than usual release of the iPhone 4S. The lowest point of the year occurred in September when anticipation for the 4S was highest, and was followed by a spike upon the handset's debut. Peak revenue for the U.S. App Store came a little over a month after the newest version of Apple's smartphone was released. The same "anticipation effect" was seen in app sales for the iPad, as downloads declined in January and February only to pick up steam after the iPad 2 was released in March.
China now demonstrates a strong increase in downloads through 2011 and may surpass the U.S. App Store in 2012.
Fortune reports that Walter Isaacson, author of Steve Jobs biography, may not yet be finished working on the book. Isaacson currently has several ideas how to expand the authorized biography. Не is going to describe more fully the events surrounding Jobs' death in early October or to add extensive annotations to the existing content.
The author discussed potential plans for expanding the already 630-page book in the future. One possibility is doing an extensively annotated version. Another is writing an addendum that addresses the period surrounding Jobs' death. Fleshing out the details seems like a logical next step, since Isaacson believes the Apple (AAPL) CEO's story will be told for decades or a century to come. "This is the first or second draft," he said, referring to his book's role in documenting Jobs' life. "It's not the final draft."
Steve Jobs biography by Walter Isaacson has already became Amazon's best-selling print book in 2011 and named the company's best-selling new release of 2011 for combined print and digital sales.
Apple executives met with executives from media companies to discuss "their vision for the future of TV," according to The Wall Street Journal. The main aim of Apple was to discuss how users could access content "across phones, tablets and TVs," how Apple would stream content to users in new ways, allowing them to continue watching video across multiple devices like a TV, tablet and smartphone.
"The TV device Apple is working on would use a version of Apple's wireless-streaming technology AirPlay to allow users to control it from iPhones and iPads, according to people briefed on the matter," the report said. "When the company plans to start selling such a device and whether it would receive traditional broadcast or cable signals remains unclear, said these people, who say Apple may change its plans."
Apple is reportedly to have worked on would integrate DVR storage into its existing iCloud service that allows users to watch shows they have bought or recorded on multiple devices.
"The company has also talked to television-service providers about teaming up on new video services for Apple devices, according to people familiar with the matter," the report said. "It has also broached the idea of licensing content directly from media companies for some sort of subscription-TV service, resembling the packages now offered by cable operators, but the talks have been 'exploratory,' according to people familiar with the matter."
Apple TV is said to be launched on the middle of 2012, but some analysts believe that Apple will announce it in late 2012 for an early 2013 sale. We also reported that Apple TV could arrive in three sizes, including 32 inches and 55 inches.