News tagged ‘profit’
Apple once again proved that it is one of largest companies in the world. In fact, yesterday the tech giant from Cupertino managed to reach the market capitalization of incredible $710.736 billion. This allowed Apple to grab the title of the first $700 billion company in the United States of America. Below you may take a look at the chart showing more details on Apple’s achievement.
While Apple’s profits continue to grow, its main market rival keeps losing its share, customers and money. According to the most recent earnings report published by Samsung earlier this week, the company saw a 36% decrease in profits in Q4 of 2014 in comparison with the year-ago result. Moreover, Samsung’s mobile division saw even greater decline - 64%. The net profit in the latest quarter accounted for 5.29 trillion won (about $4.84 billion).
Just like it was expected, Apple on Tuesday, January 27th, officially announced its financial results in the first quarter of fiscal 2015. According to the official data shared by the guys from Cupertino, the revenue for the holiday quarter amounted to $74.6 billion and the net profit - to $18 billion. Apart from that, Apple sold 74.5 million iPhone units, up from 51 million in the year-ago quarter. As to the iPad sales, they were down from 26 million units sold in the Q1 of fiscal 2014 and accounted for 21.4 million units.
According to the latest report from a news agency Beijing News, Apple has agreed to allow China's government officials to perform security audits on those company's gadgets that are sold in the country. The officials have fear that the iPhones, iPads and other devices are used for surveillance by the governments of other countries and want to protect the Chinese customers.
According to what Apple retail chief Angela Ahrendts told Chinese reporters on Thursday, the guys from Cupertino will open five new stores in China in the next four weeks.
According to the data that can be found on Apple’s official Investor Page, the guys from Cupertino will officially announce their financial results in the first fiscal quarter of 2015 on Tuesday, January 27th. The conference devoted to the earnings in the first quarter is scheduled to begin at 2:00 PM Pacific / 5:00 PM Eastern time. The report on sales and financial results will be published on Apple’s official website immediately after the conference call.
A research firm called IHC has recently torn down Apple's new iPad Air 2 to find out how much money the guys from Cupertino spend on the hardware for their flagship tablet. As usual, the net cost of components is much lower than the actual price of the device, however, we should not forget that this cost does not include the price of assembly, transportation costs etc. Anyway, the experts claim that Apple spends about $275 on the 16GB version of the iPad Air 2, which is one dollar more than the net price of the last-year iPad Air. Keep in mind that this is the basic model; all the other are more expensive to assemble.
According to the results of the teardown analysis performed by IHS, Apple spends only about $200 to $247 on components and the assembly of one iPhone 6 unit and $216 to $263 to produce one iPhone 6 Plus unit. This number doesn’t include costs on development of the products, advertising etc. Nevertheless, the difference between the net cost of the gadgets and their retail price is huge. In case you don’t know, the 4.7-inch handset is sold for $649 to $849 and the 5.5-inch smartphone - for $749 to $949.
Apple has recently announced its financial results of the third quarter of fiscal 2014, which ended on June 28th. According to the figures shared by the guys from Cupertino, the company’s revenue over the last months is $37.4 billion. As to the net profit, it is $7.7 billion. These results prove that the third quarter of 2014 has become more successful than the year-ago quarter. Well, I don’t think this is something that surprises you.
Apple has reportedly signed a deal with one of the major Arabian retailers called Jarir Bookstore. This deal will allow the guys from Cupertino to sell their products and offer additional services to local customers more efficiently than before. Moreover, Apple’s gadgets will become cheaper since the retailer won’t have to pay third-party distributors.
Apple on Wednesday announced its quarterly financial results for the second quarter of 2014. The guys from Cupertino managed to earn $45.6 billion. The net profit is $10.2 billion.
As I already told you, Samsung thinks Apple has exaggerated the worth of its patents. In the ongoing trial on Monday, Samsung's damage expert Judith Chevalier said the South Korean manufacturer should pay only $38.4 million for the five allegedly infringed patents, not $2.19 billion Apple is seeking.
Samsung experts claim that Apple has exaggerated the worth of the patents allegedly infringed by the South Korean manufacturer. The company has even accused Apple expert John Hauser of miscalculation of the sum Apple is seeking in damages.
Apple has explained why it is seeking $2.19 billion in damages from Samsung. Such sum is based on Apple's lost profits and royalties on infringed patents, Apple damage expert and economist Chris Vellturo claims.
You probably know how the video ads on iOS look like: these are small banners placed on the bottom of the screen. To see the ad, one has to tap on the banner. Pretty simple and quite effective mechanism, I must admit.