News tagged ‘sale’

Yesterday Apple filled its 2011 annual report with the U.S. Securities and Exchange Commission. The report includes several interesting facts about company:

• Apple now has 60,400 employees comparing with 46,600 employees last year. 36,000 employees work in the retail division of the company.
• Apple enlarged number of stores up to 357. In this year the company opened 40 additional stores. The average number of employees per store grew from 83.6 to 100.8.
• The company spent $933 million on advertising, enlarged number of investment into research and development up to $2.4 billion.
• Apple also mentioned some risk factors for investors:  "if [Apple] is found to have infringed on intellectual property rights", "support from third-party software developers", "the Company’s ability to obtain components in sufficient quantities", and numerous more.
• As of September 24, 2011 Apple has 13.2 million square feet of building space, among them about 7.0 million square feet are leased building space.

Reuters suggests that Steve Jobs’ authorized biography by Walter Isaacson may become the best-selling book of 2011 on Amazon. But it is not surprisingly. Apple’s fans and others show extraordinary interest in the late Apple CEO’s life, especially after his death early this month.

The book is the best-selling book on Amazon.com and is also listed as the top-selling electronic book on the company's Kindle eBook store.

"The way things are trending, it could very likely be our top-selling book of the year," Amazon spokeswoman Brittany Turner said in a statement.

But now the book is ranked #13 on Amazon’s list of best sellers. Noteworthy, some analysts predict that the digital version of Steve Jobs’ biography outsell the print version. It is know that digital sales of best sellers are typically coming at 50-70% of total sales. Though, Amazon prefers do not comment the difference between digital and physical version of the book.

Investment bank UBS issued a note to investors where it suggested that Apple would sell about 42.5 million iPhones worldwide in this quarter. But they expect that international adoption of Apple's newest handset could be slow when compared to the U.S. This might be caused the fact that Siri, the 4S-exclusive voice-recognition feature, only supports English, French and German. So in the United States sales of iPhone 4S is likely to top 11.7 million in the upcoming quarter.

"If Apple is able to manufacture and sell the estimated 42.5 million units, earnings per share of the company's stock would drive an incremental $3.09 to the estimated $9.47 for the December quarter.”

Both AT&T and Verizon confirm that the iPhone 4S release slowed sales, causing the company to miss analysts' expectations for the last quarter of the 2011 fiscal year. But despite that fact the bank gives Apple a 12 month buy rating with a price target of $510.

Bloomberg reports, citing research firm Strategy Analytics, that Android-based tablets increased their share in the tablet market during the third quarter.

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After last week’s iPhone 4S release in the first seven countries, Apple is going to launch the new smartphone in additional 22 countries on October 28th.

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According to The Wall Street Journal, Apple has been dethroned by Samsung one quarter after the company became the largest smartphone manufacturer in the world. As a person familiar with the situation said, Samsung shipped over 20 million smartphones in third quarter, beating Apple as well as the largest cellphone manufacturer Nokia.

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Yesterday Apple’s current CEO Tim Cook reported that iPhone sales fell short of expectations at 17.07 million units in the fourth fiscal quarter. iPhone sales dropped by 2.4 million. Record iPhone sales for the current quarter would come in above the 20.34 million units set in the third fiscal quarter (second calendar quarter) of this year.

Decline in iPhone sales, as Cook noted, caused by various rumors related to the Apple’s smartphone, especially, when Apple missed its usual June introduction of new hardware. Most of the rumors were about a dramatically redesigned "iPhone 5" offering a larger but thinner design than the current iPhone. Such rumors were incorrect and Apple might still be working on the iPhone 5.

Yesterday Apple posted financial results for the fourth fiscal quarter of 2011 and the full fiscal year. The company posted record-breaking revenue of $28.27 billion and net quarterly profit of $6.62 billion, or $7.05 per diluted share. Gross margin was 40.3 percent. Apple now has $81.57 billion in cash and marketable securities.

For the 2011 fiscal year, Apple reported revenue of $108.25 billion and net profit of $25.92 billion, or $27.68 per diluted share. Gross margin for the year was 40.5 percent and Apple's yearly profit and revenue were company records with Apple reporting more than $100 billion in yearly revenue for the first time ever.

Apple shipped 4.89 million Macintosh computers during the quarter, sold 17.07 million iPhone, up 21 percent from the year-ago quarter, and the company also sold 6.62 million iPods during the quarter, representing 27 percent unit decline over the year-ago quarter. Apple also sold 11.12 million iPads during the quarter, up 166 percent over the year-ago quarter. Apple also announced over 6 million copies of Lion had been downloaded through the Mac App Store since July 20th (when the operating system went on sale), with Mac users approaching 60 million worldwide.

In the first fiscal quarter of  2012 (the third calendar quarter) Apple expects to gain revenue of $37 billion.

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Samsung made a next step in its battle with Apple and filed for a preliminary injunction against the iPhone 4S in Australia and Japan. The Wall Street Journal reports that the Japan filing that is also attempting to halt sales of the iPhone 4 and iPad 2, accuses Apple of infringements in technology and user interface patents. The patents apparently relate to “the display of a flight mode icon, the utilization of homescreen space, and an app store menu structure”. Samsung claims that in Australia Apple has infringed on patents related to wireless telecommunication standards.

A Samsung spokesperson said that the company is “now counterattacking Apple again”. Though, many believe that Samsung’s attack will certainly fail. Moreover, an Australian judge will unlikely consider patents Samsung using in the filing as enough for a preliminary injunction, because they are essential for the 3G telecommunications network. As for Japan filings, the situation here is not so obvious like in Australia. This means Samsung could seek injunctions on them and it would be up to Apple to contest their validity.

Today senior vice president of Worldwide Product Marketing in Apple Philip Schiller said that iPhone 4S sales topped 4 million units during opening weekend surpassing the 1.7 million units sold during last year’s debut weekend. Also he said:

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Apple has released new iOS app for mailing post cards right from your iPhone. The Cards app, according to Apple:

The new Cards app from Apple lets you create and mail beautifully crafted cards personalized with your own text and photos — right from your iPhone or iPod touch. Take a quick snapshot and with a few taps and swipes, an elegant letterpress card is on its way to any address in the world. Each card is just $2.99 when sent within the U.S. and $4.99 when sent to or from anywhere else. And that includes postage.

The Cards app is available free of charge from the App Store here.

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9to5mac reports that big lines are clearing and Apple Stores actually have some stock of iPhone 4S left over. The photo above illustrates a store in Naples, Florida. Also the lines are not as big as the iPhone 4 launch. And there are few reasons for that.

First of all, Apple now has more points of sale (AT&T, Verizon and Sprint Stores, BestBuy, Sam’s Club, etc). Plus, users made lot's of online pre-orders, 1 million iPhone 4S were sold in the first 24 hours on 100 carriers (vs. 5 countries last year). Some say Apple will sell 4 million units in the first weekend alone.

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Today Apple has begun selling its new iPhone 4S in seven countries: US, Canada, UK, France, Germany, Japan and Australia. The device is available in two colors (black, white) and three storage sizes (16 GB, 32 GB, 64 GB).  As usual, lines have begun forming near Apple Stores worldwide and Apple Store employees were pulling overnight shifts to put up new displays and promo materials for the iPhone 4S launch.

The Japanese launch was hampered by registration slowdowns from Softbank, according to the Wall Street Journal:

The launch of the iPhone 4S in Japan was interrupted when Softbank – the main service provider for Apple products in the country—suffered a server glitch that temporarily suspended sales nationwide. A company spokesman said the servers were unable to process registration information.

Apple has already received more than one million pre-orders for the iPhone 4S. Analysts are predicting that weekend sales will exceed the iPhone 4 which were sold 1.7 million units its opening weekend. Estimates range from 2 million to 4 million.

As both LATimes and Wall Street Journal report, citing sources familiar with the matter, that currently Apple is in talks with major movie studios for deals that would allow users, who purchased movies on iTunes Store, to stream them via iCloud on their Apple devices.

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The Federal Court in Australia has issued a preliminary ban on sales of Samsung's Galaxy Tab 10.1 tablet in the country. The Justice believed that Apple had presented sufficient evidence conforming violation two of its touchscreen- and multitouch-related patents by Samsung. Previously the Korean company had agreed to delay launch of their new tablet in Australia, waiting for the Court’s decision. Samsung even offered Apple a compromise deal that would allow the Galaxy Tab 10.1 to launch with minor concessions. But Apple was not accepted that offer.

In September Apple won the proceedings in Germany, where the Galaxy Tab 10.1’ sales were also preliminary banned. The legal battle between the companies has grown increasingly fierce since it began in April of this year, when Apple accused Samsung of copying the look and feel of the iPhone and iPad. Apple reported that they had tried to solve the problem not suing to the Court, but negotiations were not successful.