Apple profits rise 15% on sales of 2.6M Macs, 5.2M iPhones
Apple said Tuesday that third-quarter profits rose nearly 15 percent to $1.23 billion, or $1.35 per diluted share, on record non-holiday quarter sales of $8.34 billion for the three-month period ended June 27, 2009.
Apple profits rise 15% on sales of 2.6M Macs, 5.2M iPhones
Apple profits rise 15% on sales of 2.6M Macs, 5.2M iPhones
Guidance, gross margin, and signs of a rebound in technology spending will be among the key topics financial experts will be paying close attention to when Apple reports results from its third fiscal quarter following the closing bell Tuesday.
Earnings Preview: Apple to have Wall Street's ear this afternoon
Earnings Preview: Apple to have Wall Street's ear this afternoon
TechFlash reports that Microsoft has recruited former Apple real estate chief George Blankenship as a consultant for its new retail initiative. Blankenship, who previously worked at Gap, is said to be an expert at securing prime retail locations.
Microsoft Recruits Former Apple Retail Store Exec for Retail Initiative
Microsoft Recruits Former Apple Retail Store Exec for Retail Initiative
Wired.com claims that the next generation iPod Touch will contain both a video camera as well as a built-in microphone:
Next Generation iPod Touch to Have Built-in Microphone and Camera
Next Generation iPod Touch to Have Built-in Microphone and Camera
Once one of the cornerstones of Apple's early retail efforts, real estate expert George Blankenship has switched sides and is now providing advice to Microsoft on plans for its own stores.
Key Apple retail exec now shaping Microsoft stores
Key Apple retail exec now shaping Microsoft stores
A new patent application from Apple suggests the company could be working on proprietary global positioning system software that would calculate road trip times and recommend routes, based on real-time data collected from numerous users, and uploaded to a centralized server.
Apple looking to improve GPS route-planning estimates
Apple looking to improve GPS route-planning estimates
Apple on Tuesday is likely to announce its best-ever June quarter for Mac sales, as new market data implies the company sold approximately 2.6 million systems during its third fiscal quarter.
Apple flirts with record quarter as Mac sales jump 16% in June
Apple flirts with record quarter as Mac sales jump 16% in June
With just 3 percent of the global cell phone market, smartphone makers Apple and Research in Motion command an estimated 35 percent of total worldwide operating revenue β and their share is expected to grow even more.
Apple, RIM profit margins far exceed market share
Apple, RIM profit margins far exceed market share
The Wall Street Journal reports (subscription required) on research from Deutsche Bank analyst Brian Modoff showing that Apple and Research in Motion together accounted for approximately 38% of the cellphone industry's total operating profit in 2008 ...
Apple Estimated to Account for 20% of Cellphone Industry Profit
Apple Estimated to Account for 20% of Cellphone Industry Profit
A small firm hoping to strike it rich through legal action has sued Apple, Microsoft, and virtually every other significant company making a media device under claims that they violate a patent for touchpads.
Apple, many others in crosshairs of touchpad lawsuit
Apple, many others in crosshairs of touchpad lawsuit
TUAW reports that with the introduction of age-based ratings for App Store applications in iPhone OS 3.0, Apple has taken the step of preventing developers of applications carrying mature (ages 17+) ratings from issuing promo codes for the affected a...
Apple Disables Promo Codes for App Store Applications with Mature (17+) Ratings
Apple Disables Promo Codes for App Store Applications with Mature (17+) Ratings
Shares of Nokia tumbled this week, as the world's largest handset maker believes its market share will recede over the next year, while competitor Apple sees continued growth with the iPhone platform.
Nokia stock nosedives as Apple gains on market leader
Nokia stock nosedives as Apple gains on market leader
Apple has caught the ire of some developers this week after it was revealed that all applications with integrated Web browsers will reportedly be rated for ages 17 and up, and that all such apps will not be entitled to promotional codes.
Developers claim Apple rates all browser-embedded apps mature
Developers claim Apple rates all browser-embedded apps mature
Apple today issued a media alert announcing details for the July 21st release of its financial results for the third fiscal quarter and second calendar quarter of 2009. The results will cover sales from March 28th, 2009 through June 26th, 2009, and w...
Apple to Release Q3 2009 Financial Results on July 21st
Apple to Release Q3 2009 Financial Results on July 21st
Though iPod sales are predicted to be the weakest-performing segment of Apple's overall sales this quarter, the iPod touch is said to be the ace up the company's sleeve, thanks to the platform's compatibility with the App Store.
iPod touch seen as small but stealthy asset in Apple lineup
iPod touch seen as small but stealthy asset in Apple lineup
A new lawsuit from a Beverly Hills, Calif., man alleges that Apple conspired with the Italian mafia to secretly track him, transmit threatening messages to his iPod, and insert the word "herpes" into the song "Still Tippin'" by Mike Jones.
Offbeat: Paranoid lawsuit attempts to link Apple to Italian mafia
Offbeat: Paranoid lawsuit attempts to link Apple to Italian mafia
A new lawsuit from a Beverly Hills, Calif., man alleges that Apple conspired with the Italian mafia to secretly track him, transmit threatening messages to his iPod, and insert the word "herpes" into the song "Still Tippin'" by Mike Jones.
Paranoid lawsuit attempts to link Apple to Italian mafia
Paranoid lawsuit attempts to link Apple to Italian mafia
There's a lot of interesting activity to consider in the Apple-focused blogosphere this week, but three items in particular look like they might create some fairly long-range ripples. One analyst says that Apple and its iPhone are wrecking the cellular industry. For Palm, that may very well be true -- Apple cut off the smartphone manufacturer's easy Palm Pre iTunes syncing ability.
Get Off My Platform! Apple Cuts Pre's iTunes Connection
Get Off My Platform! Apple Cuts Pre's iTunes Connection
Apple has announced the availability of iPhone and Mac development sessions, recorded at this year's WWDC, for members of its Apple Developer Connection programs, including the free ADC Online and Registered iPhone developers.
Apple now selling access to WWDC presentations via iTunes
Apple now selling access to WWDC presentations via iTunes
According to comments made by Kevin Turner, Microsoft's Chief Operating Officer, Apple's legal department reportedly contacted Microsoft to stop running the Laptop Hunters ads. According to Turner:
Apple Legal Demanded Microsoft Stop Laptop Hunters Ads
Apple Legal Demanded Microsoft Stop Laptop Hunters Ads