quarterly earnings

Apple employee town hall meeting letter sets the tone

Apple employee town hall meeting letter sets the tone

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.

Continue Reading

Apple talks iOS Maps improvements, user base

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."

Continue Reading

Apple Stores bring $6.4 billion revenue alone in Q1 2013

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.

Continue Reading

Apple sells 22.9 million iPads in Q1

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.

Continue Reading

Apple Q1 2013 iPhone sales launch to 47.8 million units sold

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.

Continue Reading

Netflix Q4 2012 earnings tout 6 million new users and $8 million in profit

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.

Continue Reading

AMD ends Q4 2012 with net loss of $473 million

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.

Continue Reading