Apple announces 20 million Apple TVs sold to date

Apple TV (teaser 001)

During Apple’s earnings call earlier this afternoon, CEO Tim Cook announced that the company crossed the 20 million sold mark for the Apple TV during the last quarter. The mention is noteworthy as Apple doesn’t typically breakout numbers for the set-top box (though it has on occasion).

The move falls in line with Cook’s previous sentiments regarding the Apple TV—at a shareholders meeting in February Cook said ‘it’s a little more difficult to call the Apple TV a hobby these days,’ and comes amid rumors that the company is preparing to launch a new version of the device…... Read the rest of this post here


"Apple announces 20 million Apple TVs sold to date" is an article by iDownloadBlog.com.
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Angela Ahrendts to join Apple as retail chief next week

Angela-Ahrendts1

During this afternoon’s quarterly earnings call, Tim Cook announced that Angela Ahrendts will be officially joining Apple next week. The announcement was made last October, but Ahrendts has been under contract with her previous job—CEO of luxury clothing company Burberry—until now.

Ahrendts will join Apple as the Senior Vice President of Retail and Online Stores, a position that has seen significant turnover in recent years. In 2011, Ron Johnson left for a CEO position at JC Penney, and his replacement, John Browett, was ousted in less than a year due to a conflict in strategy…... Read the rest of this post here


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15 interesting points from today’s earnings call

Apple Store (VillageMall, Rio de Janeiro, Brazil)

Apple announced its financial results for Q2 2014 this afternoon, and for the most part it beat the Street’s expectations. The company sold 43.7 million iPhones and pulled in $45.6 billion in revenue during the three month period, although it did miss slightly on iPad sales at just 16.3 million.

We’re just finishing up the conference call, where Tim Cook, CFO Peter Oppenheimer and other members of the executive team have discussed Apple’s performance, touted some user stats, and offered insight into the future. And as usual, we’ve rounded up the 15 most interesting points for you…... Read the rest of this post here


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Have we already reached peak iPad?

Apple Q2 2014 Earnings iPad Sales

Apple's latest earnings report was mostly good news for the company, but there was one potentially dark cloud: iPad sales. On the quarter, Apple sold 16.35 million iPads, which was below the consensus estimate of 19.7 million units sold. Analyst Benedict Evans has put together a chart for trailing twelve months unit sales for both the iPhone and the iPad and has found that the iPad's growth has been stopped dead in its tracks.

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Apple Q2 2014 Numbers: $45.6B Revenue and $10.2B Profit, 44 Million iPhones Sold

Apple logo

Apple’s Q2 2014 financial number are in, and they’re looking pretty hot. Apple posted quarterly revenue of $45.6 billion, net profit of $10.2 billion. That’s up slightly from Q2 2013 in which Apple posted $43.6 billion and net profit of $9.5 billion. It seems all that nasty talk about the iPhone 5C holding the company’s profits hostage isn’t true after all.

“We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter. That brings cumulative payments under our capital return program to $66 billion.” – Peter Oppenheimer, Apple’s CFO

So just how did Apple end up with all that loot? The Cupertino company sold 43.7 million iPhones, 16.3 million iPads and 4.1 million iMacs. Not surprisingly, iPod sales were down to just 2.7 million sold in Q2. iPad sales also slumped as iPhone sales surged.

via: Marketwatch , Tech Crunch

The post Apple Q2 2014 Numbers: $45.6B Revenue and $10.2B Profit, 44 Million iPhones Sold appeared first on IntoMobile.

Apple Q2 2014 Numbers: $45.6B Revenue and $10.2B Profit, 44 Million iPhones Sold originally appeared on IntoMobile.com on 2014-04-23T21:05:51Z. FV1gMYsz9b5j

Apple announces exotic 7-for-1 stock split, ups share buybacks to $90 billion

Apple 7-For-1 Stock Split

The market is about to get flooded with extra Apple shares. Apple on Wednesday announced a seven-for-one stock split, which means that shareholders will receive six additional shares of Apple stock for every share they now own. The split will go into effect on June 2nd this year. The company also said it would be upping its share buyback program to $90 billion. Both of these announcements came as part of Apple's latest quarterly earnings report where it posted an EPS of $11.62 on revenue of $45.6 billion. Apple shares surged by more than 8% in after-hours trading following the announcements.

Apple Q2 2014 earnings: 43.7M iPhones, 16.3M iPads, $45.6B revenue

Apple headquarters (Cupertino, Clifornia, exterior 001)

As expected, Apple is out with its financial report for Q2 2014 this afternoon. In a press release issued just a few moments ago, Apple announced that it sold 43.7 million iPhones, 16.3 million iPads, and pulled in $45.6 billion in revenue during its fiscal Q2.

Other than iPad sales, Apple beat the Street estimates by a wide margin. The Cupertino company also announced an accelerated strategy for its stock buyback plans, adding an additional $30 billion to the pot (for a total of $90 billion), as well as a 7-1 stock split…

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BREAKING — Apple reports Q2 earnings: Profit crushes estimates, revenue climbs despite lack of new launches

Apple Earnings Q2 2014

Earnings season is now in full swing and as always, Apple's are the most hotly anticipated results in the technology sector. This time around, however, it's not because industry watchers want to see how impressive the company's most recent quarter was, but because the world wants to see how Apple is doing after not having released a notable new product since this past November. Last year, CEO Tim Cook promised new launches in "exciting new product categories" across 2014, and he will undoubtedly promise exciting new products again on Wednesday's earnings call. But so far, we've seen exactly nothing new or exciting from Apple in 2014.

Were last year's iPhone 5s, iPad Air and Retina iPad mini launches enough to carry Apple in the March quarter? The numbers are now in and we can finally answer that question.

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GameStop ramping up expansion of wireless, Simply Mac stores

simply mac

Popular video game retailer GameStop is making some significant moves to diversify its business. During an investor presentation yesterday titled “Beyond the Game,” the company’s Chief Financial Officer Rob Lloyd said it plans to invest up to $140 million this year building new Spring Mobile and Simply Mac locations.

GameStop acquired both small chains last year in an effort to broaden its business outside of the seemingly-dying used video game racket . Spring Mobile is a third-party retailer for AT&T products and Simply Mac is an authorized Apple product dealer that sets up in areas that are too small for an actual Apple Store…... Read the rest of this post here


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Apple slammed for buggy iOS 7.1 release that left users vulnerable to major hacks for weeks

Apple iOS 7.1.1 Bug Fixes

We know that Apple released iOS 7.1.1 earlier this week to fix a wide range of bugs and it turns out those bugs might be much more serious than we realized. Ars Technica reports that Kristin Paget, a former Apple whitehat hacker who now works for Tesla, has been ripping into her former employer for allegedly leaving its users wide open to some potentially serious hacks in the weeks between the releases of iOS 7.1 and iOS 7.1.1.

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