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News tagged ‘profit’
Apple's Looking for New Suppliers
reports that according to KGI analyst Ming-Chi Kuo Apple’s currently looking for new suppliers. And there’re three main candidates, namely Taiwan's Compal Communications, Wistron and Inventec Appliances. The first company once worked for Nokia, Sony and Lenovo; the second one is a BlackBerry supplier and as to the third firm - it is currently working on Apple’s iPod.
Apple Is at #19 in the Fortune's Global 500 List
According to the Fortune’s latest annual list of the world’s most successful companies, Apple ranks #19. As to the top five spots, they are occupied by such corporations as Royal Dutch Shell, Wal-Mart, Exxon Mobil, Sinopec Group and China National Petroleum.
Japan largest carrier refuses to work with Apple
NTT DoCoMo, the biggest mobile carrier in Japan, is facing a serious problem of losing clients. Its firm denial to work with Apple iPhone cost it 3.2 million users over the last 4 and a half years. It is put down to high popularity of iPhone in Japan. Being the most desirable smartphone, it occupies a 42 % share of cell phone sales.
NTT DoCoMo CEO Kaoru Kayo says:
Our aim is to develop a special “lifestyle system”. It requires preinstalled software on mobile phones.
Naturally, remembering how closed iOS system is, Apple does not let NTT DoCoMo install any programs on its devices. Another problem issue is placing carrier’s logo on the iPhone. It is obvious that California-based company refuses to accept there conditions.
TSMC will produce A-Series Chips for Apple.
According to Wall Street Journal, Taiwan Semiconductor Manufacturing (TSMC) has agreed to supply Apple with A-series chips. Although the matter has been discussed since 2010, the deal was only signed this month, and TSMC starts producing some of the chips in 2014. By that time, the Taiwan company will improve the quality of the products so that they meet Apple’s requirements. The chips will become smaller and more energy efficient by using 20-nanometre technology.
When negotiating the deal, the American company offered either to invest in TSMC or to assign one factory as an exclusive Apple supplier. However, the Taiwan company did not accept either of the options to keep TSMC independent and adaptable.
Samsung used to be Apple’s main A-series chips supplier, but present ferocious competition between the companies is forcing the latter to diminish its dependence on the Korean company.
Apple Ranks Number 6 In Fortune 500 List
Apple's Fortune 500 rankings, 1983-2013 (source: setteB.IT)
Today Fortune its new Fortune 500 list, an annual ranking of the largest companies in the U.S. ranked by revenue. In the new list, Apple has risen to from its 17th spot in the last year’s rankings.
Apple Announces That WWDC 2013 Will Take Place June 10-14
Today Apple that it will hold its annual Worldwide Developers Conference from June 10 through June 14 in San Francisco at the Moscone West convention center. The tickets for the event priced at $1599 will be offered for sale tomorrow. Apple’s senior vice president of Worldwide Marketing Philip Schiller said:
Google Play Nearly Matching iOS App Store In Download Volume
Today App Annie its latest data on mobile app downloads, noting that continued momentum for Android apps has allowed Google Play to nearly match iOS App Store in download volume. However, while Google Play is making significant strides in generating profits for developers from app downloads, the App Store retained its strong lead in monetization, indicating that, in general, iOS device users remain more willing to pay for apps than Android users. The report said:
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Apple’s ‘iWatch’ Could Launch As Early As This Year
According to Bloomberg's , Apple’s rumored smartwatch could launch this year.
Bloomberg claims citing a person familiar with Apple’s plans that features under considerations for the device include allowing users to make calls, check map coordinates and see the identity of incoming callers. The device could also include sensors for monitoring health data, such as heart rate, and a pedometer for counting steps.
This Year Apple Again Topped Fortune’s 'Most Admired Companies' Ranking
Apple has taken the number one position in Fortune's annual list of for sixth year running.
The Fortune’s ranking is based on a extensive poll of industry analysts, corporate executives and directors who ranked companies by nine key attributes: Use of corporate assets, People management, Financial soundness, Innovation, Social responsibility, Quality of management, Financial soundness, Quality of management, Long-term investment, Global competitiveness and Quality of products/services. Apple scored the number one spot in all nine categories.
Spotify streaming music service may appear on iPhone and iPad
According to the information provided by The Verge, the music streaming service Spotify has been talking about creating a section of free subscription for smartphones and tablets.
Tim Cook congratulates Apple employees with the record for the first quarter
Yesterday were the reports about record profits of the first fiscal quarter of 2013, which had not met the expectations of analysts. Apple CEO Tim Cook e-mailed to employees (via 9to5Mac) congratulations, noting their performance and announced the planned meeting only for employees.
Robust growth of Cloud-based services remained in the shadow, along with Apple's financial results
While the media responses about flatline growth in financial results of Apple have a dominating position, the massive growth of cloud-based services Apple are reportedly remains largely unnoticed.
In 2012, reports iPodNN, the number of iCloud users grew from 85 million to more than 250 million. The number of iTunes users has exceeded 500 million, with a record profit of 2.1 billion dollars for the quarter.
Apple Announced Best Quarterly Results In Q1 2013
Today Apple financial results for the first fiscal quarter of 2013. For this quarter, Apple posted net quarterly profit of $13.1 billion, revenue of $54.5 billion and $13.81 per diluted share compared to net profit of $13.06 billion, revenue of $46.33 billion and $13.87 per diluted share in the first quarter of 2012. Apple’s quarterly revenue and profit were both all-time records, but analyst Philip Elmer-Dewitt had even slightly higher results.
Phil Schiller Seems To Deny Rumors About Cheap iPhone
Shanghai Evening News an interview with marketing SVP Phil Schiller in which he addresses rumors of a low-cost iPhone.
The Next Web, Schiller admitted that Apple is not developing a cheaper iPhone to take a greater share of the market. Reportedly, he said that iPhone 5 is the best iPhone and Apple is not concerned with the unit share of the smartphone market. Schiller said in the interview:
Apple's fiscal Q1 2013 earnings conference call set for Jan. 23
Apple announced on Wednesday that it will reveal results for the first fiscal quarter of 2013 on January 23 at 2:00 p.m. Pacific/5:00 p.m. Eastern. In the fourth quarter of 2012, Apple saw a 25 percent boost in profits thanks to strong sales of 44 million iDevices, including 26.9 million iPhones, for the three month period. Revenue for fiscal 2012 reached over $156 billion on sales of more than 200 million iOS devices, 18 million Macs, and 35 million iPods.