News tagged ‘profit’
Just as it was reported yesterday, Apple has today officially launched Apple Pay in China, making the mobile payment system available for millions of customers in this large Asian country. The debut of the service in China is quite an obvious step aimed at making Apple and its products and services more popular, luring new customers and increasing profits.
Apple has just stopped selling the iPhone 4s and iPhone 5c in India in an attempt to increase the average selling prices of the iPhone 5s and other devices and in such a way make the business in this rather poor country more profitable.
Apple is no longer the most valuable company in the world. According to the data shared by CNN, Google, or, to be more precise, Alphabet, has quietly surpassed the Cupertino-based tech giant and became the most expensive company. Apple shares now have a market valuation of about $532.7 billion, while those of Google have a valuation of about $533.4 billion.
Apple on Tuesday announced the financial results in the first fiscal quarter of 2016. The tech giant posted quarterly revenue of $75.9 billion and net profit of $18.4 billion. In the year-ago quarter, Apple posted quarterly revenue of $74.6 billion and net profit of $18 billion, so looks like we have a new record here. The reason for such good results is quite obvious: first fiscal quarter corresponds to the fourth calendar quarter better known as the winter holiday quarter. Traditionally, Apple sells more products during these couple of months.
One of Apple’s largest component suppliers, Taiwan Semiconductor Manufacturing Company (TSMC), has recently reported the record-breaking net profit generated by the orders for processors for Apple’s iPhones. In fact, the manufacturer managed to beat all the estimates the analysts made for the last year and earned $9.15 billion, which is 16.2% more than in 2014.
According to the latest announcement made by Apple on its Investor Relations portal, the company will release the report devoted to financial results in the first fiscal quarter of 2016, which is also the fourth calendar quarter of 2015 on Tuesday, January 26th.
According to the latest report shared by Fudzilla.com, Apple is currently working on a new GPU for its portable devices. The development of the new hardware component has begun several years ago, sources claim, so it may be at its final stage at the moment.
It is Sunday today, so I think it is time for me to tell you about the most interesting articles we have published on our website during the past couple of days. Most of the posts deal with Apple’s 12.9-inch iPad Pro and the stylus designed to work this device called the Apple Pencil. There are also some articles that tell us about the next-generation iPhone 7 and its specs, as well as about the widely-rumored 4-inch iPhone, which may be released in the second quarter of 2016.
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.
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.
According to the latest report from a research firm called Strategy Analytics, global smartwatch market has grown 457% over the last year. In the second quarter of 2014, smartwatch vendors managed to sell about 1 million of wearable devices. In the second quarter of 2015, however, the worldwide shipments accounted for impressive 5 million units. Previously, Samsung was the leader of the market with the share of 73.6% and 0.7 million smartwatch units shipped. Now the first place is occupied by Apple with the share of 75.5% and 4 million Apple Watches sold to customers worldwide.
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.
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 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.
According to the latest rumors shared by people familiar with the matter, the guys from Cupertino may add Force Touch only to their 5.5-inch iPhone 6s Plus. The same sources claim that TPK, a firm, which produces 90% of Force Touch sensors for the Apple Watch, will later this year report record-breaking profits because of the orders for suchlike sensors for the next-generation iPhones. What is interesting about these sensors is that they are nearly three times more expensive than those for the wearable device.