Yesterday Apple announced new record results for their financial Q1 2013 including sales of iOS devices as well as overall revenue, and with those announcements came an invite from Tim Cook to employees for a town hall meeting being held this morning. This town hall meeting will likely be extremely similar to the meeting held last year at this time after the company released its 2012 Q1 financial results, question and answer session included. At the moment we're not entirely sure if we'll be seeing the results of this session or if it will be closed-door employees-only in the end.
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‘quarterly earnings’ Stories
Apple employee town hall meeting letter sets the tone
Nokia posts Q4 2013 earnings, profits $269m with $10.6b in revenue
Nokia may be struggling a bit, but its Q4 2012 earnings report shows that the company made a profit this time around. They earned a revenue of $10.6 billion, which is down from $13.4 billion a year ago, mostly thanks to declining sales. However, they ended up profiting $269 million (net profits) for the quarter, compared to a $1 billion loss a year ago.
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Apple TV sells over 2 million units in Q1 2013
During Apple's Q1 2013 earnings call today, Apple CEO Tim Cook says that the company sold over 2 million Apple TV units during the three-month quarter. This is a 60% increase year-over-year -- in other words, Apple has sold a record amount of Apple TVs this last quarter than any other quarter before.
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Apple talks iOS Maps improvements, user base
Apple had a great first quarter of 2013, but the company hasn't forgotten about the few rough spots from the year prior. One of these rough spots was the launch of Maps, which came with the roll out of iOS 6. Despite a few stumbles, Apple is looking forward, with Tim Cook saying today in the company's earnings call that Apple is constantly improving Maps, and that it won't stop until the service lives up to "our incredibly high standards."
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Apple says Mac sales were down 20% year-over-year
Today, Apple announced its Q1 2013 earnings (calendar year Q4 2012) today, and the company made a boat-load of cash -- $54.5 billion in revenue and $13.1 billion in cold, hard profit. The company also sold 47.8 million iPhones and 22.9 million iPads during the three-month period. However, Apple only sold 4.1 million Macs, down from 5.2 million a year ago.
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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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Apple sells 22.9 million iPads in Q1
Apple's results for its fiscal first quarter of 2013 are in, and things are looking pretty good for the iPad family of devices. Apple managed to sell 22.9 million iPads in Q1 2013, and though it doesn't go into specifics as to which model sold the most, it seems safe to assume that the all new iPad mini posted some excellent numbers. Just the same, the fourth-generation iPad probably had strong numbers as well, with iPad sales up from 15.4 million year-over-year and setting a record for Apple.
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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.
Netflix Q4 2012 earnings tout 6 million new users and $8 million in profit
Q4 2012 earnings are rolling in, folks, and Netflix is the latest to report on their quarterly progress. The movie and TV-streaming company announced today that they gained 6 million new users during Q4, bringing the total number of users over 33 million, with 27 million users in the US alone. They also announced a Q4 revenue of $945 million, with $8 million of that being all profits.
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AMD ends Q4 2012 with net loss of $473 million
AMD has delivered its financial results for Q4 2012, and things aren't looking too hot for the company as we head into 2013. While AMD reported revenues of $1.16 billion for the fourth quarter, that figure is down 9% sequentially and a significant 32% year-over-year. Not making things any better, AMD reported a net lost of $473 million for the quarter, with loss-per-share coming in at $0.63.
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Google CFO: “12 to 18 months of product pipeline” with Motorola
This week after Google’s quarterly earnings statement for their financial Q4 2012, the company’s Senior Vice President and CFO Patrick Pichette made it clear that their still relatively new ownership of Motorola includes no less than 12 months of product pipeline put in place before they got there. This means that while Google may very well be working to push Motorola in new directions in the future, it’ll be a while before they’ve worked through the products Motorola already had prepared before they arrived. At the moment, Google has completed 120 days of ownership (or so) of Motorola – so there’s quite a bit left to go.
Google announces Q4 2012 earnings
Google just announced its earnings for Q4 2012, and as expected, the company had another strong quarter. Google earned $14.42 billion in revenue, and scored a net income of $2.89 billion. Q4 2012 revenue is up an impressive 36% from the same time last year, and the net income is up just slightly from last year's $2.71 billion.
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