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News from category ‘Financial’
Apple Increases iPhone and iPad Prices in Germany
Apple has slightly increased the prices of several iPhone and iPad models in Germany to comply with the changes to copyright laws that took effect on January 1st. The smartphones sold through Apple’s official online store in this country now cost 5 euros more compared with the prices for December 31st, 2015 and the tablets cost 8 euros more.
2015 Became Apple’s First Negative Year Since 2008 [Chart]
Apple shares closed 2015 at $105.26, which is more than 4% down in comparison with the start of the year. This is the first negative year for Apple since 2008, Reuters reporters write. They add that In 2008, Apple shares finished down enormous 52%.
Apple Seeks Additional $179 Million in Supplemental Damages from Samsung
Three weeks ago, Apple received $548,176,477 from Samsung as a compensation for patent infringements. Last week, the Cupertino-based tech giant requested another $179 million in supplemental damages and $1,192,490 in interest payments, so looks like Samsung has a new problem to solve.
Apple Takes 94% of Global Smartphone Market Profits
Back in summer, we reported that despite having a relatively small market share on global smartphone market, Apple managed to get 92% of the profits. Today, a new report from a research firm called Canaccord Genuity appeared on the Internet suggesting that thanks to strong iPhone 6 and iPhone 6 Plus sales as well as due to the release of the updated handsets in September, Apple is now taking 94% of the entire smartphone industry profits.
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Apple Announces Financial Results in Fiscal Q4 2015
Just as it was expected, Apple has announced its financial results in the fourth quarter of fiscal 2015 that ended September 26th. The tech giant reported the quarterly revenue of $51.5 billion and net profit of $11.1 billion. If to compare these results with the results of the fourth quarter of 2014, we’ll see a substantial increase in revenue and net profit. In case you missed it, last year Apple managed to get the revenue of $42.1 billion and net profit of $8.5 billion. As to the gross margin, it rose from 38% last year to 39.9% in 2015.
Apple to Announce Financial Results of Q4 2015 on October, 27th
As it was already mentioned earlier this month, Apple will officially announce its financial results in the fourth quarter of this year at a special event scheduled for Tuesday, October, 27th. Apple has recently confirmed time and date of the event, so looks like we will soon find out how much money Apple has earned in the last couple of months.
Mac Sales Are Extremely Weak, but Market Share Continues to Rise - Analysts
According to the latest reports from well-known and reliable IDC and Gartner analysts, Apple’s Mac sales in the third quarter of this year demonstrate the weakest results in the course of the last two years. Still, PC sales fell by 7.7% (Gartner) or 10.8% (IDC), and the market share of Mac computers grew from 6.9% to either 7.6% (Gartner) or 7.5% (IDC). It is currently unclear how many Macs Apple actually shipped to customers in Q3 2015 as Gartner reports about 5.6 million units and IDC claims the number was equal to 5.3 million units.
Global iPhone Market Share Continues to Grow - Strategy Analytics
According to the latest report from Strategy Analytics, the market share of Apple’s iPhone grew from 8.2% in the second quarter of 2014 to 10.9% in the second quarter of this year. The analysts claim that over the last few months, the guys from Cupertino have sold 47.5 million iPhone units. Last year, the number of iPhone units sold to customers worldwide was equal to 35.2 million. As you see, the difference is sales and market share is easily noticeable.
Apple Remains Top Vendor of Declining Tablet Market - IDC
According to the latest report from a research firm IDC, the global tablet market continues to decline. Apple, however, remains the largest and the most successful tablet vendor with the market share of 24.5% and 10.9 million iPad units sold to customers worldwide in the second quarter of 2015. In the second quarter of 2014, Apple’s market share was equal to 27.7% and the number of tablets shipped accounted for 13.3 million units.
Apple Announces Financial Results in Q3 2015
Apple on Tuesday announced its financial results in the third fiscal or second calendar quarter of 2015. According to the numbers, which were shared by the guys from Cupertino at a conference call yesterday, the company managed to earn $49.6 billion in revenue and $10.7 billion in net profit during the last quarter. If to compare these financial results with the results of the year-ago quarter, we’ll see that they are noticeably higher. The revenue of Q3 2014 was equal to $37.4 billion and the net profit accounted for $7.7 billion.
Apple Takes 92% of Profits with 20% Smartphone Market Share
According to the latest report from Canaccord Genuity, Apple takes 92% of the entire smartphone market profits with only 20% share of smartphone sales. As noted by the analysts, back in 2007, when the guys from Cupertino introduced the iPhone, two-thirds of the smartphone market profits were taken by Nokia. In 2012, the profits of Apple and Samsung were nearly equal, however, since that time, the situation has changed and now we see that Apple is far more successful that its South Korean rival.
Apple to Announce Financial Results in Q3 2015 on July, 21st
According to the latest announcement found on Apple’s official website, the company will report its financial results in the third quarter of fiscal 2015 on Tuesday, July 21st. The conference devoted to the number of iPhones, iPads, Apple Watches and Macs sold and the sum of money earned by the guys from Cupertino over the last three months will begin at 2:00 p.m. PT (5:00 p.m ET). If you are interested in Apple’s financial results in the last quarter, you will get an opportunity to watch a live stream of the conference call right . Apart from that, you will find a detailed copy of the financial report on our website.
Apple's Cash Reserves Beat Those of Most U.S. Industries Combined
According to the information found in Moody's Investors Service study, which was published on Thursday, Apple remains the top cash holder in the United States of America with about $178 billion in cash reserves. Its closest competitors from the technology sector, Microsoft and Google, have noticeably weaker reserves of $90.2 billion and $64.4 billion in cash respectively. Another interesting fact is that the sum of money Apple has in its reserve is greater that the sum of money most of the U.S. industries have combined. That’s what I call a successful tech company.
Apple Officially Announces Its Q2 2015 Financial Results
Apple on Monday announced its financial results in the second fiscal quarter of this year, which ended on March 28th. According to the financial report published by the guys from Cupertino, the quarterly revenue equalled to $58 billion and the net profit - to $13.6 billion. If to compare these results to the results of the year-ago quarter, we may see a noticeable improvement. In case you don't know, last year, Apple managed to earn $46.5 billion in revenue and $10.3 billion in net profit. As to the gross margin, it increased from 39.9% in 2014 to 40.8% in 2015. I guess Apple is quite satisfied with the aforementioned financial results.
Apps on Japanese App Store to Become More Expensive Soon
According to the latest announcement made by Apple, the company will raise the prices on the Japanese App Store within the next 24 hours. Such a step is caused by the fluctuations of the currency exchange rate in this Asian country. The guys from Cupertino say the changes won’t affect active subscribers immediately, however, they will have to pay more to renew their subscriptions for services and to purchase new apps and games. Apple will notify local users either by email, or through the official website.
