Hasta La Gadget!

Apple today posted its financial results for the first quarter of 2011, and the company has plenty to celebrate, pulling in $26.74 billion dollars–that’s up from $15.68 billion the same time last year.

Apple moved 7.33 million iPads, 16.24 million iPhones (up 86 percent over last year), and 4.13 million Macs (up 23 percent over last year). iPod sales decreased, meanwhile, with 19.45 million (down seven percent), continuing no doubt to be cannibalized by iPhone sales.

The company’s CFO, Peter Oppenheimer, was, not surprisingly, optimistic about the whole thing,

We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter. Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.

A release issued by the company also contained a quote from CEO Steve Jobs,

We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales. We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.

We know exactly what Canada’s Rogers is thinking right now: “c’mon, T-Mobile, you guys are leaving money on the table!” Though Rogers and its Fido subsidiary are charging CAD $50 to unlock an iPhone, T-Mobile’s Dutch division is now willing to do it gratis, citing the fact that multiple Dutch carriers now offer the iPhone and they no longer feel the need to keep it SIM-locked. Refreshing attitude, isn’t it? As of January 12th, newly-activated iPhones on T-Mobile Netherlands are unlocked automatically; existing customers can call into customer service to get an unlock now, or wait until February for a do-it-yourself method. Of course, the irony is that when a carrier treats you that well, you don’t really want to leave — but this’ll be a great option for folks that do a lot of roaming and don’t care to go the ultrasn0w route.

[Thanks, Gijs]

T-Mobile Netherlands starts offering free iPhone unlocks originally appeared on Engadget on Tue, 18 Jan 2011 17:53:00 EDT. Please see our terms for use of feeds.

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Apple’s announcement of Steve Jobs’ medical leave just one day before releasing its Q1 financial results struck us as well-planned yesterday, and here we are: if Cupertino’s record $6 billion profit on a record $26.7 billion in revenue isn’t enough to turn that frown — and stock slide — upside down, well, nothing else will. iPhone 4 sales were predictably strong through the holidays, clocking in at a record 16.2m units, or up 86 percent from last year, while Mac sales went up 23 percent to a record 4.13m and iPod sales were stronger than expected at 19.45m, a seven percent decline. As for the iPad, Apple’s tablet had its second straight dominant quarter, with record sales of 7.33 million — some 3 million more than the Mac. Apple’s financial call with new acting CEO Tim Cook and CFO Peter Oppenheimer is scheduled to start at 5PM EST — check after the break for our usual liveblog while you’re listening live on Apple’s site.

Continue reading Apple turns in record Q1: $6b profit on $26.7b revenue, 16.2m iPhones sold

Apple turns in record Q1: $6b profit on $26.7b revenue, 16.2m iPhones sold originally appeared on Engadget on Tue, 18 Jan 2011 16:40:00 EDT. Please see our terms for use of feeds.

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Two arrests have been made connected to the security breach that exposed thousands of iPad users’ email addresses and other info last year. Daniel Spitler and Andrew Auernheimer (yeah, that guy again) have been taken into custody and charged with conspiracy to access a computer without authorization and fraud, for allegedly using a custom script (built by Spitler) called iPad 3G Account Slurper to access AT&T’s servers, mimic an iPad 3G, and try out random ICC identifiers. Once a valid ICC was found, one could harvest the user’s name and email address. Of course, the hackers maintain that this was all done to force AT&T to close a major security flaw, and we’ll be interested to see what exactly the company does to make things right.

Two arrested for iPad security breach originally appeared on Engadget on Tue, 18 Jan 2011 14:07:00 EDT. Please see our terms for use of feeds.

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What could possibly cause a five percent drop in Apple’s share? An absent Steve Jobs, of course. After all, there’s no other executive in tech that so fully personifies the company he runs. When the company dumped Jobs in the mid-80s, after a disagreement with then-CEO John Sculley, the company nearly collapsed.

And then, of course, there’s the fact that Jobs had taken a leave in the past due to cancer–a word that has come up an awful lot in the wake of this weekend’s announcement that he will be taking another temporary creak.

As with last time, COO Tim Cook will be manning the ship. Said Jobs in a statement that went out over the weekend,

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011,” Jobs continued. “I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.

Questions surrounding Jobs’s health–and Cook’s seemingly eventual rise to the company’s top position–surfaced again last week, when the COO appeared on stage with Verizon executives to announce the long awaited appearance of the iPhone on that carrier, a role most assumed would have been filed by Jobs.