earnings

Apple Q4 2014: App Store downloads top 85 million

Apple Q4 2014: App Store downloads top 85 million

Sales are great, but we really like to know about device use. You can sell as many devices as you like, but if nobody uses them, it’s a short-term gain. Apple is great on both ends of that spectrum, and have announced their total App Store downloads, and they’re pretty surprising. Compared to this time last year, cumulative apps sold has a nearly 50% increase. That’s pretty significant for a single year, considering the App stores have been around for years.

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iPhone and Mac way up, iPad down in Q4 2014

iPhone and Mac way up, iPad down in Q4 2014

In releasing their quarterly earnings, Apple also made available their device sales figures. As you might have guessed, iPhone sales were up over last quarter on the heels of the iPhone 6 and 6 Plus. They were also up over last year, showing a solid trajectory. The rest of Apple’s product lineup did equally well as a whole, but iPad sales continue to slide. That trend may only continue in the face of the iPhone 6 Plus, which will naturally eat at iPad mini sales.

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Apple Q4 earnings jump at biggest iPhone launch ever

Apple Q4 earnings jump at biggest iPhone launch ever

This afternoon Apple announced their latest earnings, those for their own fiscal Q4 2014, for the three months that ended on September 27th, 2014. These earnings included a cool quarterly revenue of $42.1 billion USD while with $1.42 per diluted share, Apple raked in a quarterly net profit of $8.5 billion. This quarter includes the launch of the iPhone 6 and iPhone 6 Plus, the company's "biggest iPhone launch ever," according to CEO Tim Cook. Apple also drove a record $13.3 billion in cash flow from operations in this fiscal Q4 2014 quarter.

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Google Q3 2014 Earnings hit and a miss

Google Q3 2014 Earnings hit and a miss

This afternoon Google announced their financial Q3 2014 earnings, this just a short while after Apple held their 2014 iPad event. Generally Apple’s events squash every other kind of technology news released during the day, but Google’s earnings - especially ones that turn their stock into a rock - should be strong enough to break on through. What we’re seeing today is Google’s CFO Patrick Pichette announce that they’re excited about the growth in our advertising and emerging businesses."

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LG Q2 2014: 14.5m smartphones shipped, net profits up 165%

LG Q2 2014: 14.5m smartphones shipped, net profits up 165%

Life's Good, as the LG slogan says, and so is business, at least for this Korean manufacturer. Its second quarter financial report shows some very impressive figures, such as a 165 percent net profit increase, to the tune of $399.8 million, compared to last year, driven largely by smartphone sales. Quite a stark contrast to rival Samsung, whose popularity and profits from the smartphone business are believed to have somewhat plateaued last quarter.

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Apple “on the prowl”: 24 acquisitions in 18 months

Apple “on the prowl”: 24 acquisitions in 18 months

Generally the news is that Apple was discovered to have acquired a single company. Today it’s become apparent that Apple has been acquiring companies rather quickly, with Tim Cook himself confirming that they’d acquired 24 companies over the past 18 months. "That shows that we are on the prowl," said Cook.

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