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Apple Burns Bright With Fat Margins, Plump Profits

Apple 10303 Published 2009-07-22 13:24 by Bob 0

Apple issued results for its fiscal third quarter on Tuesday, in the process blowing out all the stops. Revenues totaled $8.34 billion and net quarterly profits came in at $1.23 billion, or $1.35 per diluted share. That works out to a year over year revenue growth of almost 12 percent compared to the $7.46 billion chalked up during Q3 of 2008.

Apple Burns Bright With Fat Margins, Plump Profits

Notes of interest from Apple's Q309 quarterly conference call

Apple 10303 Published 2009-07-22 01:24 by Bob 0

Once again, Apple has had the best non-holiday quarter in its history, selling more Macs and iPhones than it ever has in spring, albeit with fewer iPods sold. The company has conducted a financial conference call with analysts and the press. Notes of interest for Apple's results and the now concluded call follow.

Notes of interest from Apple's Q309 quarterly conference call

Apple: 50% of our traditional MP3 buyers new to iPod

Apple 10303 Published 2009-07-22 01:24 by Bob 0

Apple announced a year over year decline in its sales of 10.2 million iPods, but noted that the company continues to maintain a greater than 70% share of the MP3 player market. It also stated that 50% of its traditional MP3 player buyers are new to the iPod.

Apple: 50% of our traditional MP3 buyers new to iPod

Apple prepays for a half-billion dollars in flash memory

Apple 10303 Published 2009-07-22 01:24 by Bob 0

Apple has continued its significant investment in flash memory, with the Cupertino company announcing Tuesday that it recently prepaid $500 million to Toshiba to secure long-term supply of NAND for its mobile devices.

Apple prepays for a half-billion dollars in flash memory

Apple Questioned About Netbook (Again) and App Store Pricing and Rank Lists

Apple 10303 Published 2009-07-22 00:24 by Bob 0

Apple has concluded their financial results conference call which detailed Apple's financial results for this past quarter. The conference call included the usual mix of questions about Apple's future performance as well as hopeful questions about A...

Apple Questioned About Netbook (Again) and App Store Pricing and Rank Lists

Apple Reports $1.23 Billion Profit for Q3 2009, Best Non-Holiday Quarter Ever

Apple 10303 Published 2009-07-21 23:24 by Bob 0

Apple today announced financial results for the third quarter of fiscal 2009. Apple posted revenue of $8.34 billion and net quarterly profit of $1.23 billion, or $1.35 per diluted share, compared to revenue of $7.46 billion and net quarterly profit o...

Apple Reports $1.23 Billion Profit for Q3 2009, Best Non-Holiday Quarter Ever

Apple profits rise 15% on sales of 2.6M Macs, 5.2M iPhones

Apple 10303 Published 2009-07-21 23:24 by Bob 0

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

Earnings Preview: Apple to have Wall Street's ear this afternoon

Apple 10303 Published 2009-07-21 19:24 by Bob 0

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

Microsoft Recruits Former Apple Retail Store Exec for Retail Initiative

Apple 10303 Published 2009-07-21 15:24 by Bob 0

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

Next Generation iPod Touch to Have Built-in Microphone and Camera

Apple 10303 Published 2009-07-21 14:24 by Bob 0

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

Key Apple retail exec now shaping Microsoft stores

Apple 10303 Published 2009-07-21 01:24 by Bob 0

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

Apple looking to improve GPS route-planning estimates

Apple 10303 Published 2009-07-20 23:24 by Bob 0

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 flirts with record quarter as Mac sales jump 16% in June

Apple 10303 Published 2009-07-20 22:24 by Bob 0

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, RIM profit margins far exceed market share

Apple 10303 Published 2009-07-20 18:24 by Bob 0

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 – and their share is expected to grow even more.

Apple, RIM profit margins far exceed market share

Apple Estimated to Account for 20% of Cellphone Industry Profit

Apple 10303 Published 2009-07-20 17:24 by Bob 0

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, many others in crosshairs of touchpad lawsuit

Apple 10303 Published 2009-07-19 18:24 by Bob 0

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 Disables Promo Codes for App Store Applications with Mature (17+) Ratings

Apple 10303 Published 2009-07-17 23:24 by Bob 0

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

Nokia stock nosedives as Apple gains on market leader

Apple 10303 Published 2009-07-17 22:24 by Bob 0

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

Developers claim Apple rates all browser-embedded apps mature

Apple 10303 Published 2009-07-17 19:24 by Bob 0

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

Apple to Release Q3 2009 Financial Results on July 21st

Apple 10303 Published 2009-07-17 17:24 by Bob 0

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

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