Apple Q1 2013 Round-up: record revenue and 75 million iOS devices sold

This week the folks at Apple have revealed their full Q1 2013 earnings report complete with a new record for revenue in the first quarter. This includes revenue of $54.5 billion for the quarter as well as a net quarterly profit of $13.1 billion USD, this being a lovely set of results comparatively as well as on their own with last year’s revenue and net quarterly profit coming in at $46.33 billion $13.06 billion respectively. It may be the iPhone that we see as the star here, as compared to the already monstrous 37 million units sold in the first quarter last year, the 47.8 million sold reported today seems rather fantastic.

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Apple made it clear that, as Tim Cook put it, “We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter.” As the margins continue to push iOS in as the dominant product Apple offers up, the results are plain to see: mobile is driving Apple’s growth right here and now. Apple’s record results today include both their highest quarterly revenue and their highest net income ever reported.

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Apple showed iPhone sales to be bursting forth with 47.8 million iPhones sold in this one single quarter – that’s a record for one quarter, mind you. Compared to last year’s 37 million sold in Q1, Apple’s release of the iPhone 5 is being shown as a guiding light. Apple also showed a new record amount of iPads sold in a quarter with 22.9 million units sold – this is also busting out compared to last year’s Q1 with 15.4 million units sold.

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Interestingly it seems that both the Mac and the iPod‘s units sold are going downward rather than up, this showing off how mobile is taking hold with connected devices – we want to be online and we want to have our connections made easy, it would seem. Apple’s Mac sales this quarter added up to 4.1 million compared to 5.2 million one year ago this quarter, while iPod sales added up to 12.7 compared to last year’s Q1 total at 15.4 million.

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Stockholders are being rewarded this quarter once again with a cash dividend of $2.65 per share of Apple’s own common stock. With $23 billion dollars in cash flow from operations built up over the quarter as well as cash from short and long term investments adding up to $137.1 billion (up $16 billion from the quarter before this one), Apple still appears to be swimming in money.

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Apple announced that they’d be changing their approach to guidance, as well. In this case changing guidance means for Apple that while they, in the past, have been reporting “conservative” point estimates, they’ll be more on-point through the future. With plans for estimates reflecting what Apple “believes they can achieve” rather than what they had “reasonable confidence” in achieving, we may be seeing slightly more perfectly adjusted predictions from them in the future, starting with what they’ve suggested today. Apple is projecting between $41 and $43 billion in revenue for Q2 of 2013 as well as a gross margin between 37.5 and 38.5%.

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We’ll be seeing Apple continue to take massive chunks of the market through the future, but with something so simple as a projection for a quarter that’s less spectacular than the one we’re in now, we’ll see the company’s stock slide ever so slightly – even if it’s just today. At the moment we’re seeing Apple stock falling around 10.47% in after-hours trading. Expect this to leap up again tomorrow morning once the dust has settled.

Stay tuned to our massive Apple hub through the future and check the timeline below this paragraph to see all the Apple results from this afternoon!


Apple Q1 2013 Round-up: record revenue and 75 million iOS devices sold is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple Stores bring $6.4 billion revenue alone in Q1 2013

This week the folks at Apple have revealed the power of their retail Apple Store locations around the USA and throughout the world with a total of 11 new stores opening up and 396 stores in total in operation today. This update makes for a massive amount of stores owned and operated by Apple themselves, selling mostly their own products – 150 of these stores being outside the USA. This all leads to $6.4 billion dollars in revenue through retail sales alone in this past quarter.

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This call included notes that Apple opened up 4 new stores in Greater China as well as 14 stores being moved and expanded because of outgrowing their original space. With 396 stores open today with $16.3 million in revenue coming in per store, business is obviously quite good. Apple has also made it clear that the amount of visitors heading to the stores is jumping upward as well, with 121 million visitors coming in this quarter compared to 110 visitors coming in this quarter one year ago.

When you have a look at the number of stores that are open over the sea and the amount of sales that are also outside the USA, they seem to correlate, but not precisely. With 61 percent of sales sitting outside the USA here in Q1 2013 according to Apple, it would seem that more than 150 of the total nearly 400 stores would be outside the states. Instead we’re seeing the smaller number selling more – or simply the internet taking on a bulk of these sales.

Have a peek at the timeline below for more information on this set of results and the rest of Apple’s Q1 2013 reports in segments. Note that the iPhone sold a massive, beastly amount of units with the iPhone 5 being fully ready for action this quarter, while the iPad has seen the iPad mini appearing amongst its ranks as well. Watch our Apple hub as well for more through the week!


Apple Stores bring $6.4 billion revenue alone in Q1 2013 is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple Q1 2013 iPhone sales launch to 47.8 million units sold

Apple has once again baffled the smartphone market with their announcement of having sold a massive 47.8 million iPhones (including the iPhone 5 this time around) in a single quarter. This week Apple is making their first report of the year with numbers surrounding their fiscal Q1 2013, this representing the quarter that ended for them on December 29th, 2012. The iPhone segment alone represented a massive jump for the company as last year this same quarter Apple sold 37 million iPhone units across the board.

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This quarter also represents a lovely jump for the iPad with 22.9 million units sold compared to just 15.4 million one year ago this same quarter. This is largely due to the iPad mini we must expect, while the iPhone’s jump is certainly due to the launch of the iPhone 5 and its fully-active status in this quarter’s reading.

The full financial results of this quarter include a massive 61 percent of all revenue for international sales, while average weekly revenue for the company jumped nearly a full billion dollars compared to one year ago with $4.2 billion per week. This report includes 12.7 million iPods sold compared to a slightly larger number a year ago at 15.4 million, letting us know that Apple’s sales aren’t all going up – some are merely adjusting, so to speak.

You’ll be able to see the full results of this quarter’s announcements through our own massive Apple hub right this minute if you check the must-read and daily news sections, with Apple letting the world know once again that they remain dominant. Let us know if you feel this quarter’s iPhone sales numbers represent what you expected them to sell now that the iPhone 5 is on the market and iOS 5 is running strong!


Apple Q1 2013 iPhone sales launch to 47.8 million units sold is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple’s Q1 2013 Breaks iPhone And iPad Sales Records With 47.8M, 22.9M Units Sold Respectively

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Apple just released its earnings report for Q1 2013, ending in December of last year, with a solid hardware quarter overall. The iPhone dominated with 47.8 million units sold in the quarter, up quarterly and yearly, with Apple also breaking records with 22.9 million iPads sold.

The iPhone 5 saw its first full quarter of availability this period, as well as a nice holiday sales boost. Analysts had suggested earlier this month that iPhone 5 production orders had been cut on signs of weak demand.

22.9 million iPads sold is a solid increase from last quarter’s 14 million. It’s also a 33 percent YOY increase, up from 15.4 million last year. The iPad missed predictions last quarter.

Though Apple doesn’t break out specific numbers on various models, it’s fair to assume the iPad mini, which was available for the majority of the period, played a part in the increased sales along with the holiday spike. And let’s not forget, Apple also introduced an upgraded 4th-generation iPad with Lightning port alongside the little guy.

However, the iPad mini has more to make up for, as its gross margin is significantly lower than other products.

Apple sold 47.8 million iPhones over the three-month period, vs. 26.9 million last quarter and 37 million last year. That represents YOY growth of 23 percent.

Analysts believe that the iPhone may have already saturated developed markets like the U.S. and the UK, which are Apple’s strongest regions, which explains the production cuts.

However, Apple is rumored to be developing two versions of the next-gen iPhone, and one is said to be a budget model aimed at developing markets.

In terms of iPods, the new family of colorful iPod products has managed to breathe a little life into a flagging business for Apple. The introduction of the iPhone has most certainly chomped into this segment of the business, but Apple still managed to sell 12.7 million, up from 5.3 million last quarter, representing a YOY loss of 18 percent.

Apple and Google stocks leap up as Earnings flow forth

Last night, Google released its financial report for Q4 2012, and it did not disappoint. Google beat analyst predictions by posting $14.42 billion in revenue and a net profit of $2.89 billion. Revenue was up a very healthy 37% year-over-year, which you know is something that has investors excited to move into 2013.

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Those investors are showing Google some love today, with the company’s stock taking a nice jump up during trading. At the time of this writing, Google’s stock price is hovering around $747.30, which is up more than $44. That certainly isn’t bad, and represents a 6.28% gain – perhaps we’ll see Google begin to close in on the $800 point in the next few days?

Apple is enjoying a boost of its own, though it hasn’t unveiled its quarterly report just yet. That comes later in the day, so this slight jump we’re seeing is the product of investor anticipation. Apple’s stock is up nearly $6 or 1.18% to $510.71, so even though it isn’t the biggest of jumps, it’s pretty easy to see that investors are excited for this evening’s financial report.

They have every reason to be, as today’s financial report will give us a good look into how well the iPhone 5 has been performing. The expectation, of course, is that it’s been selling well, which is why we’re seeing this early boost. However, we won’t know for sure until Apple releases that financial information later in the day, so stay tuned.

[via USA Today]


Apple and Google stocks leap up as Earnings flow forth is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Verizon Activates Over 6 Million iPhones In Q4 2012

 Verizon Activates Over 6 Million iPhones In Q4 2012

Verizon may have lost some profit during Q4 2012, but one thing it gained last quarter was iPhone subscribers. A lot of iPhone subscribers.

During this morning’s conference call, Verizon announced it activated 6.2 million iPhones during the last quarter with nearly half of those iPhones activated with 4G LTE support. Seeing how the iPhone 5 is currently the only iPhone capable of 4G LTE connectivity, it’s safe to say Verizon activated a little over 3 million iPhone 5s.

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By Ubergizmo. Related articles: HTC M7 Already Confirmed For AT&T, Verizon, & Sprint? [Rumor], Report: 4G LTE Subscriptions Expected To Expand 115 Percent In 2013 Globally,

Apple iPhone Q1 sales tipped as largest ever – by far

Verizon Chief Financial Officer Fran Shammo spoke up after the group’s financial report this week with sales numbers for the iPhone that, if the group’s percentages hold true, tip off Apple having their most successful sales for the iPhone ever. These numbers add up starting with Verizon’s note that they sold 6.2 million iPhones this past quarter. If you take what we know about Verizon’s quarter before the one we’re seeing now, you’ll see they sold 3.1 million iPhones, that including only the first 10 days of sales for the iPhone 5 along with the other models Verizon carried at the time – from there you’ll begin to see the massive jump.

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The following comparison you’ll have to take with a bit of salt water because it’s certainly not perfect, but it can be used as a general guide for what we’re about to see from Apple. If you take Apple’s previous sales quarter announcement (which again, doesn’t line up perfectly with Verizon’s month-to-month quarter), you’ll find that Apple sold a total of 26.9 million iPhones. That includes 9 days of iPhone 5 sales while, again, Verizon’s includes 10 days of sales (so the quarters are pretty close, anyway.)

The amount of iPhones sold by Verizon compared to Apple’s total altogether shows that Verizon was responsible for 11.52% of all iPhone sales. If this number holds true through the quarter that’s being reported by Verizon today, Apple is about to report a quarter where they’ve sold one entirely massive amount of iPhones. Keeping in mind this number is entirely based on the percentage of iPhones Verizon sold compared to Apple’s total in the past, Apple may well be announcing a financial quarter in which they’ve sold 56 million iPhones total.

That’s a massive amount of iPhones, needless to say, and it’s well above projections no matter where you’re looking for early guesses. According to the SF Chronicle and analyst Brian White, this projection isn’t just a guess – they’ve got the Wall Street analysis showing 48 million units sold, too. Take that with some salt, of course, but stick around this week to see what Apple’s numbers are this week and come back to see how accurate these numbers were. It could be big, massive, gigantic!


Apple iPhone Q1 sales tipped as largest ever – by far is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

BlackBerry Z10 Goes Head-To-Head With iPhone 5 On Video

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When is a secret not a secret? When it’s featured in comparison videos ahead of an official product launch. The upcoming BlackBerry Z10 (which, if called something else or designed differently when it’s officially unveiled next week will actually blow everyone’s minds) is now starring in a video by German blog telekom-presse.at (via 9t05Mac), doing its business next to an iPhone 5. It provides a good look at how the two compare physically, but also how the two operating systems running each compare similar tasks.

Highlights include the voice control comparison, in which the German video narrator gives the same task to both devices at the same time. The iPhone 5 didn’t get it all right, he notes, while the Z10 nailed it. Other activities demoed include receiving incoming text messages, checking notifications, witching between active apps, killing an active app, a comparison of the Twitter app and more. The narrator seems to be firmly on the BlackBerry side, but we’ll reserve judgement until we get to actually play with the thing (which at the rate these leaks are happening could be after every other single person on the planet).

For more BB10 pre-release goodness, also be sure to check out BGR’s massive screenshot dump. The blog’s source also pegs pricing at under $199 on a two-year agreement for the flagship Z10 phone, which would be truly impressive, especially given pricing of recently launched BB7 handsets.

Blackberry 10 Z10 Caught On Video Alongside iPhone 5

Apple’s Siri feature has been getting quite a lot of flak from its users, although in all fairness Siri is still considered to be in “beta”. That being said, RIM is expected to include a voice assistant-like feature in Blackberry 10 and if you’re curious as to how well it handles, you might be interested in checking out the video above. Basically the video above shows RIM’s Blackberry 10 voice assistant feature go up against Siri on the iPhone 5. The video also showcases some of the hardware differences between the iPhone 5 and the Blackberry 10 Z10 device. With RIM announcing Blackberry 10 on the 30th of January and with all the leaks we’ve seen and heard so far, we expect that there will be nothing left to surprise us once the announcement has been made, but for those who can’t wait, perhaps this video will be able to tide you over until then.

By Ubergizmo. Related articles: WeChat Service Arrives On BlackBerry Platform, Samsung Galaxy S3 Mini NFC Edition Coming Your Way,

Temple Run 2 reaches #1 in less than 12 hours

It’s now just about half a day since the follow-up to one of the most popular free games in the history of mobile devices has been released, and Temple Run 2 is already at the very top of the charts in the iTunes App Store. While it’s not quite there yet in the Top Grossing category, it’s right in at first place in the list of free apps on the market right this minute. That’s beating out Google Maps, Ruzzle, and Angry Birds RIO (newly free as of today).

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This game takes on the greatest bits of the original Temple Run for mobile and increases its vitality with a whole new adventure with the same never-ending escape flavor. You’ve got the choice of several different characters with which you’ll be able to run, a variety of power-ups and bonuses you can earn or purchase with real cash, and of course a whole new set of levels to run through. The “monkey” that chases you here is more of an ape, crushing the little beasts from the original game with one foul swoop.

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You’ll be utilizing left and right swipes across your screen to turn, up and down to jump or duck (and slide), and a bit of the ol’ tilting of your entire device to make sure you’re on the right side of the path (or lack thereof). The graphics on this game are noticeably more complex, everything is just a bit more beautiful, and it’s all ready for whatever iOS device you’ve got on hand, too, optimized for each screen and everything.

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There’s an iPhone version (made for your iPod touch as well) and an iPad version, separate downloads, so make sure you get the right one when you hit the market. The only difference is the optimization for screen size – some ever-so-slight re-adjustments for user interface based on your display’s physical proportions. This app is free to play with a collection of in-game purchases you can choose to make or completely disregard – it’s up to you!

Make sure you hit the official Imangi Studios LLC link here to assure yourself you’re getting the right game in the end. The popularity of Temple Run (and now it’s second iteration) are plagued with their own popularity, with fakers coming in from all sides to send up false versions of their app to trick you and yours – stay safe!

ALSO NOTE: The Android version of this app will be released next week – Imangi studios has confirmed this with SlashGear and we must assume it to be true!

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Temple Run 2 reaches #1 in less than 12 hours is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.