Apple’s Q4 2012: iPad Sales Miss Expectations With 14 Million Units Sold

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Apple managed to sell a lot of iOS devices over the last three months. But iPad sales are still declining. They are down 17.6 percent to 14 million compared to 17 million in Q3 — a bit more than expected. Analysts expected at least 15.55 million units, and sometimes more. Apple missed on those sales.

Last year, Apple sold 11.12 million iPads in Q4. It’s still a 25.9 percent increase year over year. Overall, Apple barely managed to beat the estimates.

Comparatively, in Q4 2011, iPad sales increased by 166 percent year over year. Those sales were above street expectations.

The company just released the fourth generation iPad. And of course, there is the iPad mini. Those devices are going to be released a little bit more than a month after the ending of Q4 on September 29. It will help the sales in Q1 2013. We could expect a new sales record for the iPad in the next quarter.

Over the last quarter, many competitors unveiled and released tablets. The smaller form factor and the price attracted many customers. Among those tablets, we can name the Nexus 7 and the Amazon Kindle Fire HD.

The iPad is still a young product. When it was first released, even though tablet computers existed already, it was a big opportunity for Apple. Now that many people have bought one, the adoption rate is slowing down.

The iPad mini and its lower price tag will certainly help putting the device in the hands of new customers.


Apple Earns $8.2 Billion by Selling Nearly 30 Million iPhones, 14 Million iPads, and a Couple of iPods

At least someone made money today. Apple reported earnings of $8.2 billion on $36 billion in sales today, buoyed by strong acceptance of the iPhone 5 and the total lack of public interest in any tablet that’s not an iPad. More »

Apple’s Hardware Q4 2012: 26.9M iPhones, 14M iPads, 4.9M Macs And 5.3M iPods

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Apple had another solid quarter for hardware sales, with iOS device sales leading the charge. iPhone sales were up from last quarter, though slightly under analyst expectations. Sales possibly rose a bit thanks to the iPhone 5, which was on sale for a little while ahead of the end of the quarter on September 30. Sales of the iPhone also grew 58 percent year over year.

In total, Apple sold 26.9M iPhones, 14M iPads, 4.9M Macs and 5.3M iPods. Sales of all types of devices grew compared to the year ago quarter, with the exception of the iPod, which contracted 19 percent year over year. All Apple hardware fell short of even the revised average of analyst expectations, however.

The iPad had another strong quarter, increasing sales 26 percent year over year, something no doubt helped by the fact that despite the fact that a 4th generation version of the iPad just launched, few predicted its arrival very much in advance, meaning customer expectations didn’t have time to affect shopping patterns ahead of its launch the way they did with the iPhone 5′s hotly anticipated arrival. Still, it was under the 5.73 million average predicted by Apple watchers.

Macs also grew compared to last year, but only by 1 percent, suggesting people were looking for more than the updated 15-inch Retina MacBook Pro. This number essentially met analyst expectations, though just barely.

iPod sales continued to flag, which isn’t surprising. Sales of the iPod have declined steadily as customers move to purchase iPhones and iPads instead of dedicated portable media player devices. The iPod remains a category leader, but it’s just not the growth market it once was.


Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit

Apple Q4 2012 earnings

Just a day after introducing the iPad mini, a revised iMac, a 4th-generation iPad and a retooled Mac mini, the company is outing its Q4 2012 earnings — and it looks as if it has narrowly fell short of Wall Street estimates. Revenue was pegged at $36 billion (compared to estimates of $35.08 billion), with net profit at $8.2 billion. For the sake of comparison, the outfit’s fourth quarter of 2011 saw $28.27 billion in revenue alongside $6.62 billion net profit — at the time, those comically large numbers were actually not up to Wall Street’s comical expectations. If you’re looking for a quarter-over-quarter comparison, the company’s Q3 2012 report showed $35 billion in total revenue, with $8.8 billion in net profits.

The company is guiding for $52 billion in revenues for Q1 2013, while announcing that it sold 26.9 million iPhones (up from 17.01 million a year ago), 14 million iPads (up from 11.12 million) and 5 million Macs (up from 4.89 million) in this quarter. As for the waning iPod business? Predictably, it sold just 5.3 million of those, representing a 19 percent drop from the year-ago quarter. Naturally, the company is expecting its next earnings report to be the one that blows everyone away, with holiday sales — combined with a slew of new kit — to propel things leading into 2013. Apple also announced that shareholders that hold stock as of November 12th will pick up a $2.65 / share dividend.

As for other specifics, we’re told that gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter, while international sales accounted for 60 percent of the quarter’s revenue. Peter Oppenheimer, Apple’s CFO, proudly boasted: “We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.” As for the outfit’s current stash of on-hand cash? $121.3 billion. Yeah. The financial results call will get going at 5PM ET, and we’ll be liveblogging it right here!

Continue reading Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit

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Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit originally appeared on Engadget on Thu, 25 Oct 2012 16:31:00 EDT. Please see our terms for use of feeds.

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Apple rumored to launch online music service in 2013

We heard last month that Apple was planning to launch a Pandora competitor within the coming months, but according to new reports, it won’t launch until sometime in the first quarter of 2013. That could mean it’s coming in January, or it may not be until March, but if the rumors are true, we should be seeing an online music service from Apple before spring hits.

Bloomberg is reporting that negotiations with record labels has intensified, and that the goal is to launch the streaming music service sometime in the first quarter of the new year. The deal could be complete as soon as the middle of next month, with ad revenue sharing being the focus of discussion at the moment.

Rumored features that may arrive with the new service (and which Apple is negotiating for) include auto-generated playlists of what listeners have heard, and the ability to buy tracks as “music streams”, which we’re not sure what exactly that entails, but it could mean that you can purchases songs that stay in the cloud, so there wouldn’t be a need to download the file.

It’s still unclear as far as what the service will look like and what exactly it will do, but Apple is currently trying to make updated licensing deals with several labels to extend out from what the current iTunes business model consists of. Microsoft just revamped its Xbox Music service, which includes free, ad-supported streaming music. So, if Apple wants to compete, they’ll have to have a response fairly soon.

[via Bloomberg]


Apple rumored to launch online music service in 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Apple nearing deal with labels for internet radio service, says Bloomberg

Apple nearing deal with labels for internet radio service, says Bloomberg

Rumors of a music streaming service from Apple have been circulating since the dawn of the iPod age. Bloomberg is reporting that an internet radio platform from Cupertino is nearing reality, as talks between Apple and the major music labels have “intensified.” The negotiations center around how to share revenues from an ad-supported service that, according to reports, would pose more of a threat to sites like Pandora than it would Spotify. In fact, after Bloomberg reported that the new Apple service could launch during the first quarter of 2013, Pandora stocks plummeted over 17 percent and trading of the company was briefly halted. According to sources Cook and co. are seeking much more flexibility than its potential competitors enjoy and earlier access to new releases. The shift towards ad revenue and a new platform for helping listeners discover music is considered by most involved to be an essential evolution of the iTunes ecosystem as sales of digital downloads have slowed. For more, hit up the source links.

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Apple nearing deal with labels for internet radio service, says Bloomberg originally appeared on Engadget on Thu, 25 Oct 2012 16:16:00 EDT. Please see our terms for use of feeds.

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Visualized: A sea of Surfaces

Visualized A sea of Surfaces

A table of 100 of iPads at WWDC 2012? How about a sea of hundreds of Microsoft’s Surface RT tablets and accessory keyboard covers standing under the hot lights?

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Visualized: A sea of Surfaces originally appeared on Engadget on Thu, 25 Oct 2012 16:11:00 EDT. Please see our terms for use of feeds.

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Microsoft gears up for global Windows 8 launch on October 26

Just a reminder to all of you Windows users out there: Windows 8 launches tomorrow at 12:01 AM local time all around the world. Microsoft is gearing up for this global launch with the opening of a ton of temporarily retail locations, and today the company held a launch event for the new OS in New York City. Sadly, we didn’t get many new details at the event, but it did its part to ramp up anticipation for the all-new OS.


So, is Windows 8 worth it? We think it is, as the new OS offers a number of improvements over previous versions of Windows. It’s true that the changes to the Start menu and the UI will take some getting used to, but once you’re familiar with them, it’s easy to like Windows 8. Of course, we can’t make decision of whether or not to buy for you, but luckily the upgrade to Windows 8 starts at $39.99 (if you’re upgrading from XP, Vista, or Windows 7 before the end of January), so if you do decide to take the plunge, it won’t require a hefty investment.

If you already know that you want Windows 8, there are a few ways to go about buying it. You can pick it up at various retailers all around the world, including Best Buy and Staples here in the US, or you can order directly from Microsoft. You can also download the new OS if you aren’t interested in waiting for a boxed copy to arrive, so you have a few options when it comes to buying Windows 8.

Windows 8 is just one part of Microsoft’s full-on Windows assault. In addition to a new version of Windows, Microsoft is also launching Surface, a new tablet running Windows RT. The company isn’t stopping there though, as it will be launching Windows Phone 8 next week. It’s certainly an exciting time to be a Microsoft fan (as long as you dig the new Modern UI), so tell us – will you be picking up Windows 8 when it launches tomorrow?


Microsoft gears up for global Windows 8 launch on October 26 is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million

Amazon announces Q3 2012 earnings

Amazon has just released its earnings for the third quarter of the year and it looks like it’s slightly off analysts’ expectations. The company reported $13.18 billion in revenue (a growth of 27 percent) and an operating loss of $28 million, with net income standing at a loss of $274 million. As Amazon notes, though, a chunk of that, some $169 million, comes from losses resulting from its investment in LivingSocial — it says the figure is “primarily attributable to its impairment charge of certain assets, including goodwill.” Expectedly, the company still isn’t offering any specific numbers for device sales, noting only that the Kindle Fire HD is the number one selling product across Amazon worldwide, and that the next two bestselling products worldwide are the Kindle Paperwhite and the $69 Kindle. As for its outlook for the next quarter, the company is expecting net sales of between $20.25 billion and $22.75 billion, and operating income of anywhere from a loss of $490 million to a profit of $310 million. You can find the company’s full breakdown of all the numbers at the link below.

Continue reading Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million

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Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million originally appeared on Engadget on Thu, 25 Oct 2012 16:07:00 EDT. Please see our terms for use of feeds.

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Amazon Somehow Lost $274 Million Selling $13.8 Billion Worth of Stuff

If you thought Amazon’s prices seemed too good to be true, well, it turns out they might be—for Amazon, at least. The company managed to turn $13.8 billion of revenue into a $274 million loss this past quarter. And while a big chunk of that was due to losses at LivingSocial and foreign-exchange rates, all is clearly not well on Mount Bezos. More »