Apple reports Q4 Financial Results
10/18/2010
Posted by Azam Mohammed
Today Apple had posted their Q4 earnings of this year, and Apple had managed to reach the record mark of $20.34 billion in revenue! A lot of discussion was going on as to whether Apple would pass the $20 billion mark and indeed they have, they have also made a $4.31 billion of net quarterly profit. This is a huge difference compared to last years Q4 earnings of $2.53 billion.
During this time Apple had sold 3.89 million Macintosh's and that accounts for a 27% increase compared to last year, along with 14.1 billion iPhone's and that was a huge 91% increase over last year! Apple also sold 9.05 million iPod's and thus there was a decline of 11% compared to last year iPod sales, this could be mainly cause of the fact the iPad accounted for 4.19 million! Which means the iPad has sold more than all the Macintosh's and can be the main reason why Apple saw a decline in iPod sales by 11%. With these results it's no surprise Apple must be really thrilled! But the declining sales of the iPod can be a bit of concern. So looking at this quarter it looks like the iPad and iPhone clearly took the spotlight!
Overall I have to say a great quarter for Apple and overall doing a better job than last year, and with the "Back to the Mac" event coming this Wednesday, hopefully things can only get better!
Apple passes milestone in Apps on iOS platform
10/16/2010
Posted by Azam Mohammed
It's not surprising that it wasn't too long ago when we had talked about Apple celebrating 100,000 apps on the iOS platform and 2 months ago they were at 250,000, now we are looking at over 300,000 apps! Think back when the App store had first been revealed when the first iPhone was released and the first iPod touch. It was back in 2008 and looking at 2 years later I think Apple have gone through a huge milestone! Much of all these apps on the app store are thanks to the popularity of the iPhone and iPod Touch and that is mainly thanks to Apple's great marketing skills.RIM had also just recently only passed the 10,000 mark but have a long way to go in order to compare to the iOS platform. The massive amount of apps cover mostly books, and games then comes entertainment. So this goes to show the iPhone and iPod Touch along with the iPad make a great gaming device more over than any BlackBerry. The results show that just more than 1/4 of all apps were free apps. so that makes just around 75,000 apps, which is quite a lot. So yet another milestone for Apple and many more hopefully to come.
No availability on the white iPhone 4 yet...
10/15/2010
Posted by Azam Mohammed
Since day 1 when the iPhone 4 was released everyone was anxiously waiting for the white iPhone 4, Apple said it would be released later throughout the year and so far no news yet. Though ComputerWorld, and MacRumors noted that a New York man was discovered with a white iPhone 4, after talking to him it was found that there are numerous numbers of White iPhone's in Cupertino headquarters but the only problem being with a manufacturing color issue. Unfortunately it seems that what is delaying the release is that the home button color does not match the whole of the front iPhone 4. Therefore Apple is working on that to replace it so the iPhone 4 will look set and ready for Apple's quality control standards. We have no idea as to when Apple will have all this fixed through, but by watching many YouTube videos people have ordered white iPhone cases to cover up the black and some also got white coated on it through the help of third party sellers internationally. Stay tuned for more news.
Back to the Mac event
10/14/2010
Posted by Azam Mohammed
Sorry about the delay in posts everyone was very busy this week and I am actually lucky I have an opportunity to write this today :)
Just recently Apple had given out invitations to many people because of the fact they are holding an event, the annual "Back to the Mac" event and if many of you saw the actual invitation it had a picture of an Apple along with a little bit of a lion showing at the back! This could mean possibly a new version of OSX will appear! It might as well be 10.7 Lion but we aren't sure yet. Judging from the picture that's what many will probably think. We might also see some new Apple laptop's/ desktops hopefully, a new design perhaps? The event is scheduled for October 20th 2010. I hope the 13" Macbook Pro models will get rid of the old Core 2 Duo technology and hopefully ship with Core i3 along with a good graphics chip. Some people also believe the Macbook and Macbook Pro line will receive retina displays! Which will be astounding but will also make the price higher. Given the fact also we have seen the Apple TV and Mac mini receive HDMI we hope other lineup of Mac's will receive that as well.
This was also rumored before and that was the fact we might see a cheaper and much smaller version of the Macbook Air, possibly around 11 inches. This might bump up the poor sales of the Macbook Air and hopefully make it truly part of the Macintosh lineup. Everyone is extremely excited for the event, as for me I think this event will be much more exciting than all the other ones we have seen throughout this year!
Verizon iPhone rumors could be true
10/11/2010
Posted by Azam Mohammed
This topic has been brought up many times in the news, and we have talked about it here as well. Rumors claimed to say that Apple were going forward to release the iPhone on Verizon's network early 2011. Well just around last week it was found that Verizon had ordered more band technology which they will input into the iPhone possibly and the fact that they are enhancing their network capabilities cause they know when the iPhone is released on their network there will be a huge number of users. All these factors lead into the rumor being true and if so that will be very good and could be an interesting move which will make Apple towards gaining more profit. I wonder what the pricing will be like on Verizon's network. Someone also pointed out that Verizon being one of the best network companies in the US, does not carry many great phones, and we wonder why. But once the iPhone does hopefully hit Verizon then we might also see a change in the lineup of other phones. Also other thing this is I wonder if Verizon networks will be able to handle the massive amount of people that do purchase an iPhone considering the fact, the phones which they currently sell now aren't too popular and don't use up too much of their data. We will just have to wait and see. And just around this time we also wonder will Apple release a newer iPhone 5 or will they stick with the iPhone 4 just with minor changes?
Apple sued by Motorola for patient infringement
10/06/2010
Posted by Azam Mohammed
Just when Apple had been in trouble with another patient infringement case, Motorola files another case and has decided to sue Apple because of the fact Apple has misused over 15 patients owned by Motorola. This goes towards Apple 3G connectivity, wifi design and more. Motorola had tried to reach an agreement with Apple to license their technology, but they did not reach a final decision. Apple was sued for the fact they denied to pay for each license. Motorola has also decided to take the step and stop from more Apple products being sold which are involved in this patient infringement. Also promotion of these products might also be halted because of the fact Motorola is very serious with this issue and this could include the iPad, iPhone and possibly iPod Touch. Well the list of all these issues for Apple just might keep getting longer and it isn't looking good at the moment. Who knows what Apple will plan to do next, they (Apple) have also sued HTC in the past and these issues between cell phone companies may continue for a while, who knows.
Apple found guilty in patent infringement case
10/04/2010
Posted by Azam Mohammed
Just recently Apple was found guilty because of the fact they had infringed on three patents. A company in Texas had filed a case and the jury had deemed Apple guilty. Apple is now required to pay a sum of $200 million per patent. This patent relates to Apple's cover flow technology found on their iPod's when displaying album art work and also on OSX when documents are displayed. At the moment Apple is fighting against this case and the company involved is owned by a professor in Yale Univeristy: David Gelernter. No doubt this huge sum will result in stocks going down for Apple and also their revenue.
