News tagged ‘profit’

Yesterday analyst Katy Huberty from Morgan Stanley released another note for investors where she forecasted that Apple will sell 72 million iPhones 4 in current calendar year. Wall Street analysts in turn expect only 60-65 million Apple's handsets will be actually sold in 2011.

Katy is optimistic about the appearance of Verizon iPhone and notes that according to the proprietary Morgan Stanley survey, this year the largest network of the US will be increased by 7-8 million iPhone users, while totally there will be "10-11 million incremental shipments, including those who switch to Verizon".

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This week Google has released a new version of its client app for Android Market, which will work on any smartphone running Android OS 1.6 or higher.

The company aims to facilitate the process of discovering new software and its purchase. That's why new Android Market will have a Cover Flow-like style of app listings and include new categories like Widgets and Live Wallpapers, as currently the catalog is filled pretty much with these kinds of software. Besides that, app pages will now have more info and links to related content.

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Ticongera Securities analyst Brian White provided another update for investors while touring the Far East. In his note he says that iPhone 4, iPad and 11-inch MacBook Air are the most difficult products to purchase in China.

Local carrier China Unicom cannot fulfill almost a third of preorders, and people wait for their devices for around two months. That creates wide growth opportunities in China, and White says Apple's interest in this market is definitely positive.

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17-year-old New Yorker managed to turn the fervor for the unreleased white iPhone 4 into a profitable business. He ordered the white iPhone 4 parts directly from a contact at Foxconn and putting his own conversion kits together. He crated a site to sell such conversion kits that turn regular iPhone 4's into their elusive white version. During first months his business was slow, he, actually lost money. Then he figured out how to order iPhone 4’s parts directly from Foxconn and began making pretty good money. He has earned around $130,000 during the 6-months he has been selling the devices.

Recently Sprint's CEO Dan Hesse gave an interesting interview to GigaOm, where he revealed that iPad has caused the increase in demand for his company's 4G and 3G Overdrive wireless hotspots. As most consumers buy Wi-Fi iPads, devices like the Overdrive become more popular for those who want to be connected on the go.

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In a recent interview to Forbes the president of Nintendo of America Reggie Fils-Aime shared his thoughts on Apple. He said that iPod and iPhone are perceived as devices for casual games in most cases and that Apple is a serious threat for his company.

“Do I think that in the near term they can hurt us more than Microsoft? Absolutely.”

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For those who have no time or desire to read the entire transcript of Steve Jobs’ Apple Q4 Earnings Call, here are the most interesting facts he revealed during the speech.

• Apple has sold 14.1 million iPhones, 3.89 million Macs (2,6 million notebooks and 1,29 million desktops) and 4.19 million iPads for the last quarter.
• The total profit in fourth fiscal period is $4,46 billion.

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John Coyne, who is a CEO at Western Digital, revealed yesterday that tablet devices like Apple's iPad are negatively affecting on the hard drive business. Talking in numbers, iPad may reduce shipments of low-end netbooks and laptops on 10-20 percent over the next few quarters. But Coyne tried to reassure investors the business will be still profitable:

"What I would say to investors is to look at the long-term demand for storage, the fact is the most appropriate solution for mass volume storage is hard drives and to look at the long-term progress the industry has made over the last 10 years".

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Yesterday Taiwanese news resource DigiTimes reported that TPK Touch Solutions and Wintek, which are Apple's partners that make touch panels for the iPad, will experience revenue growth in the last quarter of year 2010, which is evidentially caused by the strong demand for the tablet device. Nevertheless, some other company’s partners like J Touch and Young Fast Optoelectronics are expecting traditional decline in the end-of-year season.

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iSuppli's teardown analysis claims that the parts in the 8 GB version of the sixth generation nano cost $43.73. Manufacturing costs are estimated at $1.37. Based on iSuppli's breakdowns of all six generations of the iPod nano, the current generation ranks as second least expensive.

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This Friday iPhone 4 will become available in 17 more countries, but South Korea will not be among them. Steve Jobs explained why:

"It's going to take us a little longer to get government approval there".

Korean government and people were discomfited by these words. According to The Wall Street journal, there is nothing to approve yet.

"The main communications regulator said last week that neither Apple nor KT [local iPhone carrier] had yet submitted the iPhone 4 for approval here".

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Apple just released its third quarter earnings. Here is a quick summary:

• Revenue: $15.7 Billion (record)
• Profit: $3.25 billion ($3.51/share)
• Margin: 39.1% (vs 40.9% last year)

International sales accounted for 52% of revenue

Sales:

• Macs: 3.47 million
• iPods: 9.41 million
• iPhones: 8.4 million
• iPads: 3.27 million

Here is the official press release:

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According to a recent Piper Jaffray's  research, out of 4 billion applications downloaded onto iPads, iPods and iPhones, 81% are free and the cost of the other 19% is averagely $1.49.

These numbers mean that Apple’s profit from apps since the opening of the App Store is $428 million, about 29 cents per application, while the company spent approximately $81 million to distribute the apps themselves.

It sounds like a huge sum of money at first, until you understand that it makes up just 1% of Apple’s total gross profit of $33.7 billion over the same period.

When Gizmodo showed new iPhone's prototype most of us stopped expecting from Jobs anything shocking on WWDC 2010. But he amazed us, and not only with new display's resolution, FaceTime function and 802.11n support, but also with gyroscope. Many developers instantly realized - this is a new breakthrough.

While conventional accelerometer measures linear acceleration as a change of direction apart a change in velocity, a gyroscope measures angular acceleration, or in other words, a change in both direction and velocity at the same time. Thus the device can sense its rotation while ignoring hand jitters and linear movements, which is impossible for accelerometer.

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In previous post we talked about new glass cover on iPhone 4. This time our attention was attracted by its new "Retina" display, which became a target of criticism for different industry watchers and rivals.

This Monday Steve Jobs claimed on his keynote that new iPhone’s display has a resolution higher than "the limit of the human retina", which he specified as 300 ppi for 10-12 inches distance between the phone and user's eyes. But display expert and DisplayMate Technologies president Dr. Raymond Soneira is ensured that the distinguishable resolution of the human retina is actually 477 ppi for 12 inches distance. That means the new iPhone's display may be retina display if only it was created to be held at 18 inches distance from the eye.

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