iPhone, iPad Games, Apps, Reviews, News Thu, 16 Jul 2015 12:57:54 +0000 en-US hourly 1 Apple Inc. (AAPL) Q4 Financial Earnings Conference Call on October 28th Thu, 10 Oct 2013 15:06:22 +0000 Read More]]> AAPL Stock Price

Apple Inc. (AAPL) will announce its Q4 FY13 earnings on October 28 during a conference call at 2:00 p.m. PT. AAPL CEO Tim Cook and CFO Peter Oppenheimer will discuss the results during the live earnings call.

The company set an all new record this year with the iPhone sales. Apple Inc. sold 9 million devices (iPhone 5s and iPhone 5c) during the launch weekend. Even though Apple did not release individual sales figures many reports published online have suggested that iPhone 5s sales were greater than the iPhone 5c.

Apple witnessed high demand for the iPhone 5s and because of the low yield rates of the fingerprint sensor the shipping date for many customers was pushed to October. The company is still struggling to meet the demand as the online store still mentions shipping in October as opposed to within 24 hours for the iPhone 5c.

iOS 7 has been a huge success for Apple has more than 200 million devices were upgraded to the latest operating system during the first week. Even iTunes Radio saw massive adoption with over 11 million unique listeners. The launch of the new streaming music service could have resulted in boost for the iTunes Match service as with the subscription iTunes Radio goes ad free.

Apple will be questioned about the rumored Apple television set and iWatch and the company as usual is unlikely to provide any update related to future products.

The shares of AAPL have improved in the recent past however it hasn’t recovered to the all time high of $700. At the time of writing the shares are trading at $490.97 and the company’s market capital is valued at $445.8 billion.

]]> 0 Apple Inc. (AAPL) to announce Q3 FY12 Earnings on July 24 Wed, 04 Jul 2012 16:19:11 +0000 Read More]]>

Apple Inc. (AAPL) recently updated its ‘investor relations’ webpage to announce that the company will conduct a conference to discuss  Q3 FY12 Earnings on July 24. The live conference call will be held at 2 PM Pacific / 5 PM Eastern time. The call will later be available for streaming via QuickTime through Apple’s website.

AAPL has been reporting record quarters each year with sales of iPhone on the rise and outstanding sales figures of its tablet computer. During last quarter Apple Inc. reported revenue of $39.2 billion and quarterly net profit of $11.6 billion. The company sold 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods in the quarter representing 88% growth for iPhone sales and 151 percent increase for the iPad.

Apple’s CFO, Peter Oppenheimer, during the end of the conference call added,  “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”

The third quarter revenue hasn’t seen introduction of any new hardware while on the other hand iPhone sales are expected to slow down as users anticipate the launch of next gen iPhone 5. However, the new iPad 3 has been added to a number of new countries and the Cupertino based company is expected to report impressive sales figures for its tablet computer.

Moving forward Apple is expected to see higher growth in its Mac hardware products as with the introduction of MacBook Pro with Retina Display the company has shown its commitment to remain aggressive in the notebook business. The availability of MacBook Pro with retina display on Apple’s online store moved up to 3-4 weeks shipping time shortly after its release suggesting fast adoption rate among users. Although, Apple hasn’t released any public sales figures for the next gen MacBook Pro.

Apple’s upcoming software releases for OS X and iOS are also worth mentioning as the OS of both the platforms continue to merge. Mountain Lion for OS X will be made available to users later this month exclusively from Mac App Store and iOS 6 is expected to be made available later this fall.

]]> 3 Apple Inc. (AAPL) Reports Q2 2012 Earnings: $39.2 billion in Revenue Fri, 27 Apr 2012 15:56:23 +0000 Read More]]> Apple Grand Central Store

Apple Inc. (AAPL) on Tuesday reported their Q2 2012 earnings results. As always, AAPL is showing record numbers from revenue to profit and is seeing great increase in the sales of their mobile devices. The company reported quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion. That’s roughly $6.40 per diluted share, which is up almost 94% from the previous year.

Apple sold a whopping 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods in the quarter. This represents an 88 percent growth for iPhone sales a massive 151 percent increase for the iPad, a 7 percent increase for Macs, and unsurprisingly, a 15 percent decline in iPod sales. iPod sales have been steadily declining for the last two years, and decreased by about 21% just last quarter.

Even with this decline, Apple is surpassing its expectations from last quarter, where revenue for the second quarter of fiscal 2012 was projected to be $32.5 billion, with an earnings per diluted share of $8.50. Apple CEO Tim Cook spoke about the earnings, noting that he is pleased with the profit margins and sales:

We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.

Apple has not been resting on their laurels with meeting their expectations and has continued to go above and beyond their financial projections. Following Apple’s earnings calling, CFO, Peter Oppenheimer even went as far as to say that he expects revenue of about $34 billion and diluted earnings per share of about $8.68.

{via Apple}

]]> 6 Apple Inc. (AAPL) Next Macbook Air Unlikely to Feature iPad-like ARM Processor Mon, 13 Feb 2012 14:45:48 +0000 Read More]]>

Many claims of an ARM based MacBook Air have been floating around the web since early last year, suggesting that Apple Inc. (NASDAQ:AAPL) is looking to move away from Intel’s processors to something a little bit more unorthodox in desktop and laptop computers.

The ARM processor is the same one used in AAPL’s current iPhone 4S and iPad 2, which use far less power than the average processor and handles memory and app switching without many glitches or errors.

The ARM processor in next Macbook Air could possibly reduce power-requirements, but could experience a severe drop in computing power. CNet reported on a recent interview with Tim Cook and CFO Peter Oppenheimer on Thursday by Citigroup analyst Richard Gardner who addressed the issue regarding an ARM based Macbook Air.

Tim Cook reiterated his view that rapid innovation on the iOS platform (and mobile OS platforms in general) will significantly broaden the use case for tablets, eventually pushing annual tablet volumes above those of traditional PCs. We have wondered whether Apple might offer an ARM-based version of MacBook Air at some point; we walked away from this meeting with the impression that Apple feels iPad satisfies–or will soon satisfy–the needs of those who might have been interested in such a product.

With Gardner’s claims gaining attention around the web and his meetings with Apple executives being taken very seriously, it is safe to say that the iPad will eventually evolve and adapt to handle many functions that the proposed ARM based Macbook Air could.

Rumors since early last year have suggested that the iPad will be gaining a significant upgrade in the coming months. The iPad 3 is expected to receive a higher resolution display, a new A6 chip, and better cameras and is slated for release later this year.

]]> 4 Apple Inc. (AAPL) Reports Best Sales Quarter Ever Wed, 19 Jan 2011 19:35:19 +0000 Read More]]> After a brief panic related to the concerning news about Steve Jobs, Apple’s CEO, which we reported on a couple of days ago, Apple Inc. (NASDAQ:AAPL) bounced back with its best ever sales report in the company’s history. And the small dip in its share price seems to have reversed almost completely today. Analysts are now confirming that a $450 target price for AAPL (Apple Inc.) shares is almost inevitable in the near future.

Overall Apple’s global sales grew by 71%, and its earnings on those sales increased by 78% in the last quarter of 2010.

Those sales included 4.13 million Macintosh Computers, 16.24 million iPhones, 19.45 million iPods and 7.33 million iPads. The only fall in sales was the continued slow decline in original iPod sales, which is to be expected with newer products in Apple’s product line superseding them. All other products continued to exhibit stellar growth.

Overall that means that Apple sold just under 15 million iPads in total in 2010. The best estimate made by pundits outside of Touch Reviews was for 9 million iPads being sold in 2010. But if you cast your mind back to May of 2010 we predicted 15 million iPads being sold in 2010. Gold star for us!

Apple’s revenues for the holiday quarter at the end of 2010 was $26.74 billion in cash, of which $6 billion was profit, not far off double that same quarter of the year prior to that. Pretty impressive stuff.

Statements from Steve Jobs and Peter Oppenheimer were as follows..

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Steve Jobs, Apple’s CEO. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.”

“We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.”

Some people are now talking about a $100 Billion quarter for Apple in the not too distant future? What do you think? Is Apple set to continue to grow at that record pace in 2011? Or is it inevitable that their growth will plateau sometime soon? Have your say in the comments…

]]> 0 Apple (AAPL) Posts Stellar Q3 Earnings – As Expected! Wed, 21 Jul 2010 17:57:31 +0000 Read More]]> No surprises from Apple (NASDAQ:AAPL) yesterday. But the Q3 results were impressive nonetheless. Analysts predicted Apple (AAPL) would earn $3.00 per share this quarter, and generate revenues of around $15 Billion. What Apple actually achieved was $3.51 per share, revenue of $15.7 Billion, and a net profit of $3.25 Billion. Overall an increase of around 50% over last years figures for the same period.

Apple sold 3.47 Million Macs in the quarter. Which is a growth in sales of 33% over the previous year. The Mac is certainly not dead!

They also sold 8.4 Million iPhones, which is an astounding 60% growth over the same quarter in the previous year. Remember this does not include the bulk of iPhone 4 sales yet to come this quarter.

iPods sold were 9.41 Million, and total iPads an impressive 3.27 Million.

Steve Jobs issued this statement…

It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.

Peter Oppenheimer had this to say about the future…

“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44”

Did Apple impress you? Or do you think they can do better? Have you say in the comments…

[Apple] ]]> 0 Apple Financial Results for Q2 2010 Very Impressive Wed, 21 Apr 2010 20:42:53 +0000 Read More]]> Apple’s shares seem to be on an elevator ride to heaven right now. As of writing this update shares in AAPL are at US$258, having risen more than $14 dollars today alone. Yet another all time high!

This is off the back of very impressive second quarter earnings for what is now the biggest tech company in Silicon Valley. Apple’s phone business has gone through the roof, and the company is now working with 151 phone companies in 88 countries.

iPhone sales have grown by between 183% (in Japan) and 470% (in Asia) giving an overall growth in Apple’s iPhone business of around 200% year over year.

This quarter has been the strongest iTunes sales quarter ever, with revenues of $1.1 billion dollars. There are 185,000 apps in the App Store, 3,500 of them for the iPad already, and some 12 million songs.

The iPod still retains a 70% market share, which continues to grow year-over-year in every country, particularly the UK and Japan.

iPad demand, as we all know, is very healthy according to Apple, and has “far exceeded” the company’s expectations. And they are bullish about how many they will sell moving forward, over and above the half a million already sold of the Wi-Fi only version to date.

Oh, and they’ve sold a few computers too! 300 million units/year. Remember those! Even Apple TV sales are up by 34% year-over-year. But Apple did admit that was 34% of a relatively small number, when compared to other products.

Apple is currently sitting on just over 40 Billion Dollars of cash and investments.

And there is yet more to come. Steve Jobs teased about new products in the company’s earnings press release, saying:

We’re thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent.

We’ve launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year.

Whilst ever the businessman, rather than the showman, Peter Oppenheimer, Apple’s CFO had this to say :

Looking ahead to the third fiscal quarter of 2010, we expect revenue in the range of about $13.0 billion to $13.4 billion and we expect diluted earnings per share in the range of about $2.28 to $2.39.

For those that are interested the full conference call is available from Apple’s website at this URL: []

And if hard numbers in black and white are your thing then there is this PDF: []

Some analysts are predicting Apple will go through the $300 per share mark by years end.

Let us know in the comments if you think this impressive growth for Apple will continue, or if the only place from this high up is down again? I know which my bet is on!

]]> 0