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January 24, 2013 Posted By:
admin
You know the drill, Apple posts a record $54.5 billion in revenue…
…and the stock tanks 10 percent in after-hours trading.
I mean. Fifty four and a half billion dollars. I went ahead and did the math: that’s an annual run-rate of $218 billion dollars (yes, I know Q1 is the holiday quarter, so it tends to be...
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January 24, 2013 Posted By:
admin
Apple has been dabbling in wearable tech, at least when it comes to the U.S. Patent Office, and a new application uncovered Thursday by AppleInsider adds to that growing category. Apple has filed for a patent covering so-called “smart shoe” systems which feature sensors that can track wear and usage and tell you when you need to replace...
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January 24, 2013 Posted By:
admin
Ranking the best and worst Apple analysts for fiscal Q1 2013
FORTUNE (Koh Ngai, Thailand) -- As evidenced by Apple's (AAPL) sickening $55.5 (10.8%) drop in after-hour trading Wednesday, the analysts who cover the company -- both on and off Wall Street -- aren't doing it any favors.
The company didn't have a bad quarter. In fact, it posted its best quarter ever...
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January 23, 2013 Posted By:
admin
Apple CEO Tim Cook responded to questions about the issue of potential cannibalization of Mac sales by iPad devices on today’s earnings call, a question made more timely by the fact that Mac sales were down considerably on the quarter. He reiterated that supply constraints are leading to fewer sales, but also tackled cannibalization as a broad...
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January 23, 2013 Posted By:
admin
“iPhone 5 offers a new 4 inch retina display, which is the most advanced display in the industry,” said Tim Cook. “No one comes close to matching the quality of the Retina Display.”
He is, of course, obligated to both say and believe this despite the fact there are plenty of displays already available and forthcoming that surpass the iPhone 5′s...
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January 23, 2013 Posted By:
admin
Today during Apple’s Q1 2013 conference call, CEO Tim Cook was asked about whether Apple was concerned about Apple’s overall market share in smartphones. No one mentioned the A-word (Android, that is) but over the last several years, Google’s platform, led by Samsung, has widened its lead in the smartphone market and as of last quarter accounted...
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January 23, 2013 Posted By:
admin
Apple announced on its earnings call today that the company sold more than 2 million Apple TV devices in its fiscal first quarter. That’s up from 1.3 million sequentially, and up from 1.4 million during the previous holiday period. Altogether, that means Apple has sold more than 10 million Apple TV units over the years, making it one of...
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January 23, 2013 Posted By:
admin
One of the most embarrassing happenings in recent Apple history was the launch of its own Maps offering with iOS 6. People were getting lost and wondering why Apple decided to cut Google out of the OS at all. Google has since released its own iOS version of its apps product, and so far the feedback has been...
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January 23, 2013 Posted By:
admin
Apple CEO Tim Cook took time on the company’s earnings call today to comment on a specific rumor, which is an extreme oddity for Apple’s top-tier executives. He prefaced it by saying he doesn’t want to make a habit of addressing rumors, but went on to comment on recent r
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January 23, 2013 Posted By:
admin
As we learn more about Apple’s Q1 in 2013, we’ve found out some interesting facts about Apple’s retail stores. The company says that it has opened 401 stores total, with 4 new ones in China alone.
The average revenue per store is $1.25M per week, compared to $1.22M last year.
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