iPhones: 37.4 million iPhones compared to 35.1 million year-over-year iPads: 19.5 million compared to 11.8 million year-over-year Macs: 3.95 million, compared to 4 million year-over-year iPods: 5.7 million compared to 7.7 million year-over-year iTunes revenue up 28% App Store now in 155 countries and 350,000 apps 91 million visitors … Read more
Apple surprised Wall Street today with stronger than expected earnings in its second quarter, though the company came up short in its estimates for the next one.
Apple reported earnings of $9.5 billion on $43.6 billion in sales. That was right on target with the $9.5 billion in profit and just barely above the $42.3 billion in sales that Wall Street expected. It was also above Apple's own expectations, which were between $9.23 and $10.23 per share on sales of $41 billion to $43 billion.
By comparison, Apple tallied up a higher $11.… Read more
Admit it: Whenever you see someone using their iPad as a camera, you giggle. Maybe even snicker. That two-handed grip and big ol' viewfinder screen, that's just comedy. Especially when something like this happens.
On the other hand, the iPad 3, iPad 4, and iPad Mini all have a respectable 5-megapixel sensor, an IR filter, face detection, and some other solid digital-photography features. All that's missing is a zoom lens. (The iPads do offer digital zoom, of course, but that's to be avoided at all costs. It ruins photos.)
Enter Photojojo, the outfit known for making smartphone … Read more
I understand that one of the main joys of parenting a toddler involves keeping the little one amused.
Amused, as in quiet.
Ever since the iPad came along, with its bright colors and infinite range of games and pictures, it has seemed like an ideal tool to keep baby happy. This happiness, however, is one that baby does not want to ever, ever stop. So much so that some toddlers are now said to be iPad addicts.
This curiously adult affliction seems to involve baby undergoing seven aspects of demented ranting, should her iPad be taken away.… Read more
The Cupertino, Calif., company will report its January-March quarter results on Tuesday, and no one is expecting a blowout. The company could make history with its biggest second-quarter sales yet, but it's also expected to post its first decline in profit in a decade.
Despite worries about Apple's recent performance, BGC boosted its rating on Apple's stock to "buy" from "hold," saying investors should take advantage of the recent weakness to … Read more
Apple could make history tomorrow with its biggest second-quarter sales yet, though it's also expected to log its first decline in profit in 10 years.
That's what analysts anticipate in Tuesday's second-quarter earnings report, which will spell out the company's performance through the end of March.
Wall Street is expecting Apple to post earnings of $10.12 per share on sales of $42.6 billion, based on a poll of 48 analysts from Thomson First Call. That's down from earnings of $12.30 per share, and up from the $39.2 billion in sales from … Read more
The expected iPhone 5S will see an extended delay in delivery, while iPad Mini demand is softening, according to a research note from Citigroup Capital Markets. The note also claimed a Retina MacBook Air is coming.
"We have previously written that iPhone5S, despite an accelerated design phase, was modestly delayed from June to July," wrote Citi's Glen Yeung in a research note Sunday. "With input from Citi's Taiwan-based technology research team...we now believe that a further 1- to 2-month delay (from July to August or September) is possible, likely stemming from volume production issues.&… Read more
Penguin has vowed to change its pricing strategy for digital books, including terminating an e-book pricing pact with Apple, to resolve an antitrust probe by the European Union.
As part of the deal, Penguin has agreed to terminate existing agency agreements -- those pacts that allow a publisher, not a retailer, to set prices -- and will refrain from adopting "most favored nation" pricing clauses for five years. Those had prevented retailers such as Amazon from undercutting Apple's e-book prices.
If Penguin does enter into new agency agreements, retailers would be free to set the retail price … Read more
Apple's next iPad will be both thinner and lighter than its predecessor, bringing back the company's old habit of iPad shrinkage.
That's according to KGI Securities analyst Mingchi Kuo, who in a note to investors last night said to expect a full-size iPad that's 15 percent thinner than the fourth-generation device and weighs 25 percent less.
The size reduction is due to a handful of tweaks, Kuo said. That includes a battery that's 25 percent to 30 percent smaller, and improvements on display panels and A-series chip technology, which now slurp up less juice. Apple … Read more
After climbing to more than $700 eight months ago, Apple's shares continued their steep decline on Wednesday. After falling below $400 for the first time since 2011, the shares closed at $402.80, down $23.44, or 5.5 percent.
This has been a slow-motion stock rout as many Wall Streeters have soured on Apple, reducing forecasts for the company while adopting a decidedly negative opinion about its future prospects. The trigger for today's sell-off was Cirrus Logic, which supplies analog and audio chips to Apple. The company issued a disappointing quarterly forecast, which got interpreted as a … Read more