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Two quarters ago, Apple unleashed Godzilla. It was a quarter so spectacular that the only appropriate way to describe it was in pure expletive form. $46 billion in revenue. $13 billion in profit. 37 million iPhones sold. 15 million iPads sold. A gross margin of 44 percent. These weren’t just good numbers, they were obscene.
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The day after another monster set of earnings from Apple, the company is continuing the momentum. Today, Apple has announced the dates for its next Worldwide Developers Conference: June 11-15, held in its now-traditional venue, the Moscone West in San Francisco.
Expect the usual wave of speculation leading up to June, especially since Apple is...
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Well, that was fast. Apple CFO Peter Oppenheimer just announced on Apple’s Q2 2012 earnings call that the company’s iCloud service has attracted 125 million users in the roughly six months since the service launched.
It seems like just yesterday that Oppenheimer revealed that the service had 85 million users, and the service’s...
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Looks like Tim Cook doesn’t quite want to go as “thermonuclear” on rival phone makers as Apple founder Steve Jobs did. Cook didn’t sound so eager to pursue patent infringement suits against Samsung, Motorola and HTC on today’s quarterly earnings call.
“I’d highly prefer to settle versus battle,” Cook...
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The angry mobs in Beijing weren’t lying. Apple’s iPhone 4 has made a splash in China, bringing the company’s phone sales there up by fivefold from a year ago. The device didn’t debut there until this last quarter, months after it had been released in the U.S.
Revenue in China reached a record $7.9 billion, which is up...
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Apple has once again beaten analysts’ expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31, 2012 versus $81.5 billion in the six months ended September 24, 2011.
In cash and cash equivalents the company now has...
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Apple’s iOS ecosystem keeps on rolling. The company said it has more than 600,000 apps in the store, up from the 550,000 number they confirmed a month ago.
On top of that the iTunes store generated $1.9 billion in revenue in the second quarter of this year. Apple didn’t break out how much of that was devoted to songs versus apps. They...
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Apple just released its FY2012 Q2 earnings and will host its earnings call at 2pm Pacific / 5pm Eastern today. We will live blog this call for you below, but you can also listen in to the call here (QuickTime required).
As a reminder, here are some of the highlights from Apple’s numbers:
- quarterly revenue: $39.2 billion
- net profit: $6 billion
- iPh ...
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If you were one of the naysayers who thought that there wouldn’t be a very strong consumer appetite for the newest twist on the already very popular iPad, it may be time to think again. Apple’s top executives said today that just a few weeks after the new iPad’s formal launch, the response to the company’s latest iteration...
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Apple has just posted their Q2 2012 financials, and revealed that over the last 14 weeks the company has pulled in $11.6 billion in profit on $39.2 billion in revenue, which breaks down to $12.30 per share. Analysts expected earnings of $10.02 per share on $36.81 billion in revenue.
Apple soundly exceeded the Q2 guidance they offered last quarter,...