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Posts Tagged ‘Tim Cook’

Apple Sold 33.8 Million iPhones in Q4

apple logoApple sold 33.8 million iPhones during Q4 2013, up from 26.9 million, which the company sold in the comparable quarter a year ago. In addition, Apple sold in 14.1 million iPads during the quarter, up slightly from 14 million which the company sold during the same quarter last year.

The technology company announced its financial results for its fiscal 2013 fourth quarter earlier this week. The quarter ended on September 28, 2013, after the launch of the iPhone 5S and the iPhone 5C. Here is more from the press release:

The Company posted quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion, or $8.26 per diluted share. These results compare to revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share, in the year-ago quarter. Gross margin was 37 percent compared to 40 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.

“We’re pleased to report a strong finish to an amazing year with record fourth quarter revenue, including sales of almost 34 million iPhones,” stated Tim Cook, CEO of Apple. “We’re excited to go into the holidays with our new iPhone 5c and iPhone 5s, iOS 7, the new iPad mini with Retina Display and the incredibly thin and light iPad Air, new MacBook Pros, the radical new Mac Pro, OS X Mavericks and the next generation iWork and iLife apps for OS X and iOS.”

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Apple Has Released The iPad Air & a New Mini iPad

ipadaApple revealed the iPad Air, “the lightest full-sized tablet in the world,” at a press conference in California. The 9.7 inch tablet weighs one pound about half of the last model, and and is 20 percent thinner than previous models at 7.5mm. It has an A7 chip inside the same chip in the iPhone 5S. It is 72x faster than the first generation. The new device supports 1080p HD video and an 5MP iSight camera. A 16GB model costs $399 and ships in November.

The new iPad Mini has a 7.9 inch screen with a 2048 by 1536 pixel display. The mini tablet also has an A7 chip, which makes it 4x faster than last year’s model. The 16GB version costs $299 and ships later in November. Read more

Apple Sold 9 Million iPhones During Opening Weekend

hero_mba_11Apple sold nine million new iPhone 5s and iPhone 5c models during its first weekend, setting a record for iPhone opening weekend launches.

The company reported these sales on Monday. It includes global sales for the first three days after the launch of the new iPhones on September 20. Both devices are currently available in the US, Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK.

“This is our best iPhone launch yet―more than nine million new iPhones sold―a new record for first weekend sales,” stated Tim Cook, Apple’s CEO. “The demand for the new iPhones has been incredible, and while we’ve sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly. We appreciate everyone’s patience and are working hard to build enough new iPhones for everyone.”

Apple also revealed that orders for iPhone 5s exceeded expectations, and that online sales will be filled in the coming weeks.

Apple Sold 31.2M iPhones & 14.6M iPads in Q3 2013

Apple earned revenue of $35.3 billion in revenues during its fiscal 2013 third quarter which ended June 29, 2013, up slightly from $35 billion which the company  brought in in the comparable quarter last year, according to the company’s financial report released today.  More than half of the quarter’s revenues (57 percent) came from international sales.

During the quarter, the company sold 31.2 million iPhones, up from 26 million in the same quarter last year. In addition, Apple sold 14.6 million iPads during the quarter, down from 17 million in comparable quarter last year.

“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” stated Tim Cook, Apple of CEO, in a press release. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”

Apple Sold 37.4M iPhones, 19.5M iPads in Q2 2013

Apple sold 37.4 million iPhones during the fiscal 2013 second quarter which ended March 30, 2013. This was up from 35.1 million during the same quarter last year. During the quarter, Apple sold 19.5 million iPads, as compared to 11.8 million in the same quarter last year.

Here is more from the press release:

The Company posted quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share. These results compare to revenue of $39.2 billion and net profit of $11.6 billion, or $12.30 per diluted share, in the year-ago quarter.

“We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” stated Tim Cook, Apple’s CEO. “Our teams are hard at work on some amazing new hardware, software, and services and we are very excited about the products in our pipeline.”

Apple To Manufacture Macs In The U.S.

Apple is reportedly planning to manufacture its Mac computer in the United States. Apple CEO Tim Cook announced the news in an interview with Brian Williams which will air on NBC tonight.

NBC News explains: “Apple CEO Tim Cook revealed that one of the existing Mac lines will be manufactured exclusively in the United States next year, making the comments during an exclusive interview with Brian Williams airing tonight at 10pm/9c on NBC’s ‘Rock Center.’  Mac fans will have to wait to see which Mac line it will be because Apple, widely known for its secrecy, left it vague.”

Apple has faced criticism after Foxconn, a factory that manufacturers many of its products, has come under scrutiny for unsafe work conditions. Since then Cook has hired a group to investigate unsafe conditions. But since then the factory has had riots among workers. (Via Sarah Weinman).

Here’s What Will Make The Apple TV Different

Apple CEO Tim Cook is interviewed by NBC News anchor Brian Williams tonight, and in a preview clip, he hints that Apple has something brewing in the TV space.

“When I go into my living room and turn on the TV, I feel like I have gone backwards in time by 20 to 30 years,” Cook told Williams. “It’s an area of intense interest. I can’t say more than that.”

As it happens, on Tuesday of this week, Les Moonves, the CEO of CBS, said that he met with Cook a few weeks ago, though he wouldn’t say about what. Last week, Time Warner CEO Jeff Bewkes insinuated that he also met with Cook recently. Apple is clearly working on a TV product, but given the current state of TV sets and cable boxes, what would make it different?

The two keys are software and content.

An Apple TV set will undoubtedly feature the software that the Apple TV product currently has. It makes it easy to watch videos from Netflix and iTunes on your existing TV set. That said, at this moment in time, Apple needs to give customers access to the shows that want to watch in order to have a succesful product, that is the content side of the equation.

There are two ways to do this: partner with a cable or satellite company, or partner with the content companies themselves.

Read more

iTunes Now Offers 275,000 iPad Apps

Apple is unveiling one wonder after another in San Jose today, and Apple CEO Tim Cook just offered an update on the strength of their app store. iTunes now hosts  over 700,000 apps for your iOS device with 275,000 designed specifically for iPad.

That latter number isn’t just the apps which “work” on the iPad (technically all iOS apps do), but only those which offer a specific iPad version which makes full use of the tablet’s larger screen.

One detail Tim didn’t mention but is worth noting is that iTunes’ overall growth in its selection of apps seems to have leveled off. It’s been just over a month since Apple unveiled the iPhone 5, and at that time Apple reported having 700 thousand apps and 250,000 which properly supported the iPad. So really today’s news is the increase in iPad apps; it looks like iTunes is merely treading water when it comes to the supply of apps as a whole.

Read more

An Alternate Explanation for the Apple Maps Debacle

Last Friday Tim Cook, the CEO of Apple, formally apologized for Apple’s mistake in releasing Apple Maps before it was ready.

This is a topic we have covered several times at AppNewser, including one expert’s take on how it happened, but today I have a new explanation.

In the following video, the Apple Maps team leader explains how the strange map results aren’t incorrect; they’re just from alternate universes. Apple’s new Q6 quantum CPU sometimes gets data from other universes, including wibbly-wobbly world, water world, and more. Read more

Apple Sold More Than 5 Million iPhone 5s in Three Days

Apple sold more than five million new iPhones in three days, the company said today. Apple said that the demand was higher than the initial supply and said some customers will have to wait until October to receive their phones.

Tim Cook, Apple’s CEO explained in this statement. “While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date. We appreciate everyone’s patience and are working hard to build enough iPhone 5s for everyone.”

Businessweek pointed out that not having the inventory to support orders hurt the company’s stock price and explained analysts had expected more units to have sold. Here is more from the news site: “‘The number is lower than what people had expected,’ Brian White, an analyst at Topeka Capital Markets, said in an interview. He had estimated debut weekend sales of 6 million to 6.5 million units, excluding Internet purchases that haven’t been shipped. ‘This seems to be driven more by availability than demand.’” Read more

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