Apple’s Q3 earnings exceed estimates: $28.57 billion revenue, $7.31 billion profit, 20 million iPhones sold


If you’ve been waiting for Apple’s earnings to come in shy of analyst estimates, you’re about to be disappointed yet again. Cupertino just reported its best quarter ever, with earnings of $7.79 per share, revenue totaling $28.57 billion, and a net profit of $7.31 billion. We know you’re probably more interested in sales figures, however, and as you might expect, Apple’s continued to ship iPhones and iPads at a steady pace, with 20.34 million smartphones and 9.25 million tablets sold last quarter. It’s also shipped 3.95 million Macs — a 14 percent jump over Q3 2010’s numbers. Fewer iPods made it out the door this quarter, however, totaling 7.54 million compared to the 9.41 million Apple sold in Q3 2010. As always, the company seems to be mum on future product announcements, though we wouldn’t be surprised to see new MacBook Air and Lion sales figures factoring into next quarter’s results. Meanwhile, rumors are stirring in Silicon Valley that Apple’s board has begun looking for possible replacements for CEO Steve Jobs, following a Wall Street Journal article by Yukari Iwatani Kane, who has a history of being eerily accurate with Apple rumors. This news hasn’t had an effect on Apple’s stock price, however, which topped $400 per share during after-hours trading today.

Continue reading Apple’s Q3 earnings exceed estimates: $28.57 billion revenue, $7.31 billion profit, 20 million iPhones sold

Apple’s Q3 earnings exceed estimates: $28.57 billion revenue, $7.31 billion profit, 20 million iPhones sold originally appeared on Engadget on Tue, 19 Jul 2011 16:33:00 EDT. Please see our terms for use of feeds.

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Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income

It’s everybody’s favorite time of year. Yup, the Q2 earnings results are coming in, and Google’s leading the pack, reporting $9.02 billion in gross revenue for the second quarter of 2011: a 32 percent increase over the same period in 2010. CEO Larry Page notes, that’s a “record breaking over $9 billion of revenue,” with net income reaching $2.51 billion, up from $1.84 billion in Q2 2010. Google’s various sites apparently made up 69 percent of the $9.02 billion in revenue, generating $6.23 billion — 2010 numbers were $4.50 billion. Operating expenses saw a notable increase over 2010, cutting into profits by $2.97 billion, up from $1.99 billion.

Larry Page has just announced some Android usage numbers, pointing out that 550,000 devices, rocking the little green robot, are being activated per day. That’s up from the 500,000 announced late last month. Android Market numbers are also up, with six billion total downloads.

Continue reading Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income

Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income originally appeared on Engadget on Thu, 14 Jul 2011 16:07:00 EDT. Please see our terms for use of feeds.

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Lodsys hits devs with lawsuit, $1,000 offer, and 1,000 words of eloquent prose

Are you sick of hearing from Lodsys? We know devs are, but the rather outspoken patent troll is at it again, hitting the blog to defend its good name. Hidden among today’s posts is an announcement that the firm is taking the next steps with its accusations, filing a lawsuit against some of the developers it previously targeted and, get this, blaming Apple. It explains: “Lodsys chose to move its litigation timing to an earlier date than originally planned, in response to Apple’s threat, in order to preserve its legal options.” We’re not sure which developers are targeted by this suit, specifically, but the firm has promised a $1,000 payment to each dev, “if it turns out that the scope of Apple’s existing license rights apply to fully license you with respect to our claim relating to your App on Apple iOS.” Devs may be tempted to spend that promised gift on a well-deserved vacation (or a WWDC conference pass), but with layers of LLCs protecting the man behind the curtain at Lodsys, we wouldn’t be surprised it the firm disappeared before anyone sees a cent (or 99) of payment. Unfortunately, it appears that the saga continues, so if you’ve had enough of the patent troll, feel free to enjoy the rest of our content, Lodsys free.

[Thanks, Andrew]

Update: We’ve been told that the list of devs named in the lawsuit include: Combay, Iconfactory, Illusion Labs, Shovelmate, Quickoffice, Richard Shinderman, and Wulven Game Studios.

Lodsys hits devs with lawsuit, $1,000 offer, and 1,000 words of eloquent prose originally appeared on Engadget on Tue, 31 May 2011 18:34:00 EDT. Please see our terms for use of feeds.

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Barnes & Noble logs 1m Nook app downloads in first week, people are probably playing Angry Birds instead of reading

We were pretty stoked when Barnes & Noble finally made Android apps a legit feature on the Nook Color (lack of Market access be damned) and, unsurprisingly, many of you were, too — the company reports that within a week of making these applications available, it hit 1 million downloads. It would seem we can glean two stunningly obvious things from this tidbit: one, the addition of features through software updates makes people happy. Two: you people really feel the need to play Angry Birds on every device you own, don’t you? According to B&N, the never-ending avian spectacle topped the paid app list, with Fliq Calendar leading the free ones. Missing from this stat, of course, is any insight into how fast this catalog is growing — a good question, since these Android applications have to get tweaked especially for the Nook Color before you can download ’em. Self-congratulatory press release after the break.

Continue reading Barnes & Noble logs 1m Nook app downloads in first week, people are probably playing Angry Birds instead of reading

Barnes & Noble logs 1m Nook app downloads in first week, people are probably playing Angry Birds instead of reading originally appeared on Engadget on Mon, 16 May 2011 14:40:00 EDT. Please see our terms for use of feeds.

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Engadget’s next reader meetup is this Friday, February 25th in San Francisco!

That’s right human beings — it’s happening again! The Engadget crew is getting together their best party outfits and shipping out west for another installment of our fabulous reader meetups. Our last event in NYC drew loads of people and was an all around blast, and the San Francisco installment is sure to be just as explosive (or maybe more? c’mon… show us what you’ve got). This time around we’re partnering with Sprint, as well as Sony PlayStation, Motorola, HP, Roku, Samsung, VUDU, RIM, Sling, Sonos, HTC, Corning, Sphero, OnLive, Plantronics, Snapstick, and more to bring you a night of gadget geeking, giveaways, delicious foodstuffs, and some awesome music (provided by none other than our podcast producer, Trent Wolbe). Also, a whole mess of the Engadget editors will be on hand to entertain and inform, so if you have any pressing questions — jot them down!

The all ages shindig will take place at City View at The Metreon, which is located conveniently in downtown SF. If you’re a nerd in the city, you most likely already know what we’re talking about. The doors will open at 6:30PM, and capacity is limited to 1200 people — so if you want to get inside, get there early!

Update: Whoops! Looks like the previously mentioned sweepstakes have ended (a trip for two to the event). Congrats to the winners! Don’t stress though, there should be plenty of room for everyone (provided it’s no more than 1200 humans).

Continue reading Engadget’s next reader meetup is this Friday, February 25th in San Francisco!

Engadget’s next reader meetup is this Friday, February 25th in San Francisco! originally appeared on Engadget on Tue, 22 Feb 2011 14:26:00 EDT. Please see our terms for use of feeds.

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Dell’s 2011 smartphone and tablet lineup leaked: Android Ice Cream, WP7 sliders, and a slate running Windows 8

Wrigley, Hancock, Millennium, Gallo, Sterling, Rosemount, Silver Oak, Peju and Opus One. What are we rattling off? Oh, just the list of codenames from one of the largest leaks we’ve ever seen out of Dell. WPCentral and Android Central got their hands on alleged smartphone and tablet roadmaps for the entire year, detailing the company’s plans for devices running operating systems that have yet to be formally announced, including Android Ice Cream (yes, Ice Cream!) and Windows 8 as well as the tablet-friendly Honeycomb. Here’s the full rundown.

Smartphones:

  • Things look pretty boring (and by boring, we mean beautifully curvy) until approximately mid-April of this year, when the Venue Pro gets some “additional features and enhancements” which we’re pretty sure we can name.
  • Then, Q3 brings the Wrigley, what looks like a vertical QWERTY slider identifying itself as “Windows Phone 7 Next Gen,” and sporting a 1GHz CPU, 4-inch 800 x 480 screen, and a 8 megapixel camera with 720p video recording. Nothing out of the ordinary, as far as we know.
  • By September, things should get very interesting as Android Ice Cream will apparently be out, and Dell’s Hancock will scoop it onto a 4-inch qHD screen with dual cameras, dual-core processing and 1080p recording.
  • Starting Q4, would-be Hancock buyers will have a dual-core multimedia slate alternative, as the Millennium drops the keyboard for a larger 4.3-inch screen and DLNA support (though the front-facing camera is limited to VGA resolution.)

Tablets:

  • Dell’s Streak 10 won’t keep us waiting for long: come April, the Gallo will reportedly be chomping away at some tasty Honeycomb. But that’s not all — Dell lists a handwriting update for the Gallo in October or thereabouts. There’s also a Streak 7 update scheduled for July — we imagine that’s the point when Dell believes it can shoehorn Android 3.0 onto its older brother.
  • Meanwhile, Dell’s 10-inch Windows 7 slate, internally known as Rosemount, is slated for June, with a 1366 x 768 resolution that should allow for native playback of 720p video.
  • We can’t tell you what the Sterling is, but it’s likely a mid-sized one, as it’s slated to take over the Streak 7’s duties in or about October with Android Honeycomb on board.
  • Finally, come CES 2012 in January, we now expect Dell to drop three new tablets at once: the Opus One and Silver Oak running Android Honeycomb, and the Peju with Windows 8. (The Streak 10 / Gallo will apparently soldier on.) Numbers on the left of the charge suggest that the Opus will be small, the Silver Oak mid-sized, and the Peju large.

As noted at the head of the slide, all details here are subject to change, but we’re sure as heck a lot more confident that Dell plans to do something with all those tacky mockups. One more chart after the break!

Continue reading Dell’s 2011 smartphone and tablet lineup leaked: Android Ice Cream, WP7 sliders, and a slate running Windows 8

Dell’s 2011 smartphone and tablet lineup leaked: Android Ice Cream, WP7 sliders, and a slate running Windows 8 originally appeared on Engadget on Wed, 16 Feb 2011 17:44:00 EDT. Please see our terms for use of feeds.

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Engadget’s next reader meetup happens February 25th in San Francisco — enter to win a trip for 2 to the event!

That’s right human beings — it’s happening again! The Engadget crew is getting together their best party outfits and shipping out west for another installment of our fabulous reader meetups. Our last event in NYC drew loads of people and was an all around blast, and the San Francisco installment is sure to be just as explosive (or maybe more? c’mon… show us what you’ve got). This time around we’re partnering with Sprint, as well as Sony PlayStation, HP, Roku, Samsung, VUDU, RIM, Sling, Sonos, HTC, Corning, Sphero, and loads of other players in our industry (we’re still adding to the list!) to bring you a night of gadget geeking, giveaways, delicious foodstuffs, and some awesome music (provided by none other than our podcast producer, Trent Wolbe). Also, a whole mess of the Engadget editors will be on hand and entertain and inform, so if you have any pressing questions — jot them down!

The all ages shindig will take place at City View at The Metreon, which is located conveniently in downtown SF. If you’re a nerd in the city, you most likely already know what we’re talking about. The doors will open at 6:30PM, and capacity is limited to 1200 people — so if you want to get inside, get there early!

Hate standing in lines? Enter the Engadget Reader Meetup Sweepstakes for your chance to win an all expense paid trip for 2 to the meetup in San Francisco on February 25th! Click here to enter now! (rules apply, read them after the break)

We’re going to be flooding the interwaves with more information soon, but for now, mark the date on your calendars, and get ready to party.

Continue reading Engadget’s next reader meetup happens February 25th in San Francisco — enter to win a trip for 2 to the event!

Engadget’s next reader meetup happens February 25th in San Francisco — enter to win a trip for 2 to the event! originally appeared on Engadget on Wed, 16 Feb 2011 17:00:00 EDT. Please see our terms for use of feeds.

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Motorola Xoom price official: $799 unsubsidized on Verizon, $600 for WiFi-only

There you have it, folks — the exhausting saga of the Xoom‘s pricing has finally been laid to rest by Motorola CEO Sanjay Jha. Reuters reports a $799 levy for the 32GB Honeycomb tablet when bought with 3G (which will be upgraded to 4G) connectivity from Verizon sans subsidies, while Jha is also quoted as saying that a WiFi-only version will set buyers back only $600. The latter price matches the 32GB iPad directly, however the 3G Xoom is $70 more expensive than the Apple alternative. Sanjay failed to say when said pricing or models will become available, but there have been strong indications that pre-orders or reservations will begin tomorrow (at least at Best Buy), with the tablet launching in full on Thursday next week.

[Thanks to everyone who sent this in]

Motorola Xoom price official: $799 unsubsidized on Verizon, $600 for WiFi-only originally appeared on Engadget on Wed, 16 Feb 2011 11:41:00 EDT. Please see our terms for use of feeds.

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NVIDIA announces quad-core Kal-El SOC, promises it in tablets by August (video)

So it turns out that NVIDIA roadmap we saw last month was as true and pure as driven snow. The barely conceivable quad-core Tegra chip that it listed has now been made official by none other than NVIDIA itself, with the company also informing us that the new silicon is already sampling out to prospective clients. Known as Kal-El internally, this will most likely turn into NVIDIA’s Tegra 3 as and when it’s ready to enter the consumer market. Tonight NVIDIA whetted our appetite for what’s to come with a demo that can most fittingly be described as an exhibition of unadulterated computational muscle. A 2560 x 1440 stream was being decoded on a developmental device, scaled down to that slate’s native 1366 x 768 resolution, and additionally displayed on a connected 30-inch, 2560 x 1600 monitor. That entire voluminous workload was being handled in real time by Kal-El and we saw no signs of it struggling.

By NVIDIA’s own estimation, the quad-core newbie provides roughly double the processing power of Tegra 2 and triple the graphics-crunching prowess. In the second demonstration of the evening, we saw an instance of Great Battles Medieval — ran at 720p with 650 enemy soldiers on the field — on both a Tegra 2 and a Kal-El platform, which showed the baby superhero handily dusting its still very new brethren. This was in large part down to the full dozen GPU cores contained within Kal-El, though before you freak out about battery-draining insanity, NVIDIA claims things are much, much more efficient as well — up to 12 hours of HD video playback are promised under the right circumstances.

It’s a big fat wedge of awesome boasts we’ve heard from the GeForce maker today, however the company’s given us a schedule to hold it to as well. The “August timeframe” is when the quad-core Kal-El is expected to land in tablets, while smartphones will have to wait until the holiday season to benefit from what’s likely to be a slightly downgraded variant. Skip past the break to eye the future Tegra roadmap for the next few years plus video of the wildly impressive demos we were witness to.

Continue reading NVIDIA announces quad-core Kal-El SOC, promises it in tablets by August (video)

NVIDIA announces quad-core Kal-El SOC, promises it in tablets by August (video) originally appeared on Engadget on Tue, 15 Feb 2011 19:00:00 EDT. Please see our terms for use of feeds.

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Next version of Android will combine Gingerbread and Honeycomb, arrive on a six-month cycle

Eric Schmidt didn’t give a ton of details about the future of Android during his MWC 2011 keynote, but he did drop one interesting tidbit: the next version of Android will “start with an I, be named after a dessert” and combine Gingerbread for phones and Honeycomb for tablets into a cohesive whole. We’ll just go out on a limb and say that he’s talking about Ice Cream, and that we’ll see that Fragments UI construct used to bridge the phone / tablet display size gap. Unfortunately, Eric didn’t say anything about timing — just that updates have been happening on a “six month cycle.” Considering that Honeycomb has yet to officially launch on any devices, we’d say that’s not so long to wait — but of course we’re also dying to know more as soon as possible. We’ll let you know if we hear anything good.

Next version of Android will combine Gingerbread and Honeycomb, arrive on a six-month cycle originally appeared on Engadget on Tue, 15 Feb 2011 12:41:00 EDT. Please see our terms for use of feeds.

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