As promised, Apple has released its quarterly earnings report this afternoon. This is the company's third calendar quarter for 2012, and fourth fiscal quarter, and is the last one before the big holiday season.
For the period, Apple has reported $36 billion in revenue and $8.2 billion in net profit by selling 26.9 million iPhones, 14 million iPads, 4.9 million Macs, and 5.3 million iPods. More details after the break...
Rumors that Facebook has been working on its own smartphone have been around for more than a year now. Last fall, a report came out that the social network had tapped HTC to help it build the handset.
Since then, the speculation has only gotten louder. Yesterday, Bloomberg even threw its hat into the ring. But this afternoon, Facebook founder and CEO Mark Zuckerberg decided to squash the chatter...
U.S. carrier Sprint, the nation's third-largest, announced its June quarter earnings today. The company reported no change in iPhone activations which remain steady at 1.5 million units, the same as in the March quarter. In this quarter, 40 percent of iPhones went to new customers versus 44 percent for the quarter-ago period. However, the company's loss dropped from $863 million in Q1 2012 down to an operating loss of $629 million this quarter ($1.38 billion net loss), which was again partially blamed on high iPhone subsidy...
Despite the fact that iPhone sales were up year-over-year last quarter, the numbers failed to impress Wall Street. Apple missed analysts' projections by about 3 million handsets.
The company's Chief Financial Officer Peter Oppenheimer cited a number of reasons for the miss on today's earnings call. Among them, was persistent next-gen iPhone rumors...
Earlier this afternoon, Apple hosted a conference call to discuss its performance over the past three months. You can replay the call here, or you can check out our roundup of the most interesting points.
Among those points, was the fact that Apple sold an impressive 1.3 million Apple TVs last quarter. That's up more than 170% year-over-year, and pushes current-year Apple TV sales to over 4 million...
Apple just announced its financial results for Q3 2012, and is now finishing up its earnings call. As promised, we've collected a list of some of the more interesting bits from the call to pass on to you.
Among the list, is the fact that Apple added $7 billion to its growing cash pile last quarter, bringing its cash total to more than $117 billion. Also, there are now 410 million iOS devices in the wild...
Apple ahead of the markets close just announced results for the calendar 2012 second quarter, the company's fiscal 2012 third quarter. As Apple is now an iPhone company, let's just get down to business. Apple shipped 26 million iPhones in the quarter, representing a 28% growth over the year-ago quarter.
The number is down substantially though, from the previous quarter, in which it sold 35.1 million handsets. Apple refreshes the iPhone annually and typically sees two gangbuster quarters after a new model is out, followed by two quarters when growth pauses as buyers await the new model.
iPad and Mac sales, and other performance metrics after the break...
Carrier AT&T just posted its calendar 2012 second quarter earnings, hours ahead of Apple's conference call after the close of trading today at 2pm Pacific, 5pm Eastern. AT&T activated 3.7 million iPhones, 22 percent to new customers. The figure represents 77 percent of AT&T's total postpaid device sales and about 55 percent of its total phone sales to contract customers, but also a 14 percent quarter-over-quarter drop in iPhone sales...
Apple will be reporting results for the second calendar 2012 quarter (corresponding to its third fiscal 2012 quarter) next Tuesday, July 24, shortly after the markets close at 2pm Pacific, 5pm Eastern.
Ahead of the earnings release, Apple just issued an alert this morning regarding streaming audio from the conference call which will be available here via QuickTime, beginning on July 24 at 2pm Pacific. The iDB team will be following the conference call so you don't have to, posting interesting bits and pieces right as we learn about them...
As we move closer to Apple's Q3 2012 earnings call, predictions from analysts and pundits regarding the company's performance over the three month period are starting to ramp up.
The latest round of predictions suggest that Apple had an extremely strong June quarter, bringing in more than $40 billion in revenue, and selling a record 21 million iPads...
As noted by multiple tech sites, Apple has updated its Investor Relations page this afternoon to announce that it will be holding its Q3 2012 earnings call on Tuesday, July 24th.
This will cover the performance of the company during its third fiscal quarter of 2012, April - June, and will run down iOS device and Mac sales, stock performance, and other metrics...
Just as Apple posted its massive earnings, Sprint Nextel, the third largest wireless telecommunications network in the United States, behind Verizon Wireless and AT&T Mobility, published on Wednesday their first-quarter earnings ahead of the bell.
The carrier activated 1.5 million iPhones in the quarter and 44 percent were to new customers, amounting to 660,000 new iPhone subscribers. That wasn't enough to save the day as the carrier reported a substantial $863 million net loss and operating loss of $255 million.
They lost $0.29 per share on wireless service revenues of $7.2 billion, a seven percent increase year-over-year. The carrier added 263,000 net prepaid subscribers under the Sprint brand - each spending an average of $4.03 more than last year.
Without the iPhone, Sprint would have actually lost 400,000 customers. The carrier's ARPU was $59.88, a new record. The company added 1.1 million new subscribers during the quarter and it now commands 56 million subscribers in total...