Monday, August 23, 2010 at 11:36 AM | Posted by kazouz
Mac sales in government and business sales have grown remarkably year-over-year, Fortune reports.
A research note by Needham analyst Charlie Wolf analyzes Mac sales across multiple market segments for the second quarter of 2010.
Mac sales performance was compared to that of the PC industry and some of Wolf’s findings include:
• At 35%, Mac shipment growth in June easily exceeded the overall PC market’s growth rate of 20.9%.
• Mac shipments grew 31.4% in the home market, topping the overall PC market’s growth rate of 25.2%.
• At 49.8%, the Mac’s growth in business was three times higher than the overall PC market’s 15.7%.
• Mac shipments in government grew 200%, sixteen times faster than the overall PC market’s 12.1%.
Meanwhile, the report highlighted Apple’s stronger presence in European homes, where the iPhone is thought to have created a halo effect.
Wednesday, July 21, 2010 at 09:43 AM | Posted by kazouz
Apple today announced financial results for its fiscal 2010 third quarter ended June 26, 2010.
The Company posted record revenue of $15.7 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share. These results compare to revenue of $9.73 billion and net quarterly profit of $1.83 billion, or $2.01 per diluted share, in the year-ago quarter.
Gross margin was 39.1 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 52 percent of the quarter’s revenue.
Tuesday, June 29, 2010 at 10:46 AM | Posted by LOOPRumors Staff
The Wall Street Journal reports that the stock prices of Apple, Intel, Google, and Dell are all dipping Tuesday as investors speculatate on a less than vibrant global economic outlook.
Shares of Apple (AAPL) had lost about 11% of Monday’s closing value as of 12 noon today.
Tuesday, June 29, 2010 at 07:29 AM | Posted by LOOPRumors Staff
An amendment to a financial reform bill on Friday requires electronics makers to tell the Securities and Exchange Comission where they are buying minerals like tin, tantalum, tungsten and gold used to make smarphones, computers, and other gadgets.
Steve Jobs spoke to the New York Times recently about determining who profits from the minerals used in his company’s products:
“We require all of our suppliers to certify in writing that they use conflict few [sic] materials but honestly there is no way for them to be sure. Until someone invents a way to chemically trace minerals from the source mine, it’s a very difficult problem.”
Thursday, June 17, 2010 at 09:17 AM | Posted by LOOPRumors Staff
Using “a unique model called ‘Behavioral Analysis of Markets’ or BAM,” BAM Investor is predicting that the price of Apple shares (AAPL) will drop about 220 points in the next year and a half to around $45.
This claim “is based on more than 20 years of quantitative analysis of how complex human behaviors and social movements affect stock prices.”
“As far as timing, our behavioral analysis model indicates AAPL could reach the 45 dollar level as early as the Summer/Fall of 2010 or as late as the Fall of 2011.” says J.G. Savoldi, founder and CEO of BAM Investor.
“I understand that this forecast will shock most investors--and for good reason.”
Reuters reports that “production line workers at Foxconn’s southern China manufacturing hub will get a 30 percent pay rise, as top customer Apple Inc called recent suicides at the plant troubling but said the site was ‘not a sweatshop.’”
The increase is even more than the 20 percent raise the company discussed in late May.
“[Hon Hai Precision Industry] said the higher increase reflected rising prices in China,” reads the report. “and it hoped to earn workers’ respect and raise efficiency.”
Monday, May 17, 2010 at 03:00 PM | Posted by kazouz
Recent NPD data shows Apple could be on track to sell as many as 3.2 million Macs during the June quarter.
This figure is higher than Wall Street’s expected sales figure of 3.1 million units.
NPD data for April show a 39 percent year over year increase in U.S. computer sales. Piper Jaffray analyst Gene Munster believes Mac sales will grow between 19 and 23 percent.
The numbers suggests that the launch of the iPad in April had a minimal effect on Mac sales.
Monday, May 10, 2010 at 08:26 AM | Posted by LOOPRumors Staff
While Apple has a reputation for innovative and empirically effective advertisement, the company spends a relative meager amount of its revevue on ads.
“The $249 million it shelled out last year is less than half of what Microsoft (MSFT) spent for ads I find nowhere near as effective,”
writes Phillip Elmer-DeWitt for Fortune.
“And as a percentage of revenue, it’s less than half of the expenditures of eBay (EBAY), whose ads I don’t remember ever seeing.”
Wednesday, April 28, 2010 at 05:06 PM | Posted by kazouz
Apple has acquired Siri Inc. just months after the company was founded.
Siri developed a free voice-activated personal assistant application for the iPhone OS that utilizes voice-recognition technology from Nuance Communications and third-party services such as OpenTable and Google Maps for such tasks as restaurant reservations.
“The offer from Apple was of a scope and tenor that it was a no-brainer to accept it,” said Shawn Carolan, a managing director at Menlo Ventures and a board member at Siri since it raised a Series A round of venture capital in 2008, the Wall Street Journal reports.
Tuesday, April 27, 2010 at 08:25 PM | Posted by kazouz
Apple has acquired chip design firm Intrinsity, The New York Times reports. Rumors of the acquisition surfaced late last month.
The Austin, Texas company, known for creating a fast chip for mobile devices in cooperation with Samsung, is an important player in the ARM-based chips for mobile devices.
According to the article, people familiar with the chip industry believe that Apple relied on Intrinsity’s chip as the basis for the main engine behind its new iPad.
Mac sales in government and business sales have grown remarkably year-over-year, Fortune reports.
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An amendment to a financial reform bill on Friday requires electronics makers to tell the Securities and Exchange Comission where they are buying minerals like tin, tantalum, tungsten and gold used to make smarphones, computers, and other gadgets.
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While Apple has a reputation for innovative and empirically effective advertisement, the company spends a relative meager amount of its revevue on ads.
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