The numbers are now in and Apple crushed estimates, having managed a fiscal fourth-quarter profit of $8.26 per share on $37.5 billion in sales. Apple’s September-quarter results certainly fall in line with the trend we’ve been seeing recently as the breakneck growth Apple has enjoyed in recent years continues to slow. In the year-ago quarter, Apple posted an $8.2 billion profit on revenue totaling $36 billion. Apple’s record profit in that quarter represented 24% year-over-year growth, and revenue was up 27% between the fiscal fourth quarters in 2012 and 2011. The star of the show is always Apple’s iPhone lineup, of course, and analysts were expecting the company to sell 31 million units in the September quarter – though some estimates reached as high as 36 million units. Apple reported on Monday that actual FQ4 2013 iPhone sales totaled 33.8 million handsets, beating estimates and growing an impressive 26% over the September quarter in 2012.
Read the full story at Boy Genius Report.
It certainly won’t be as gold as some iPhones, but a new report claims Apple’s next-generation iPhone 5S will be available in a new color for the first time since Apple moved from one color option to two on the iPhone 3G. Plugged-in KGI Securities analyst Ming-chi Kuo has a solid track record when it comes to scooping unannounced Apple devices and he’s back again ahead of Apple’s upcoming September 10th iPhone event. Remember those gold-colored SIM trays pictured in an exclusive BGR report back in May? Well Kuo says Apple is indeed planning to launch the iPhone 5S with a new gold color option. It won’t be quite as flashy as BGR’s gold iPhone, pictured above, but it could be a nice way to promote upgrades among current iPhone 5 owners.
Read the full story at Boy Genius Report.
Apple’s Developer Center is finally back online, after taking a break for over a week. The developer site went down after a hacking attempt mid-week last week, and stayed down without any kind of return for multiple days. The hack was reportedly one that only affected developer accounts, after an intruder attempted to secure personal information.
Apple said at the time that it was possible personal information including developer names, mailing addresses and email addresses could have been accessed, but no credit card data was leaked. Apple offered no time-table for return at the time, but did create a system for tracking the status of the site after a week of downtime, and started bringing things back online slowly.
A researcher reported that he’d possibly prompted the down time after probing the dev center and reporting bugs regarding vulnerabilities in it and the iAd Workbench site, but we’ve reached out to Apple for more specific information about the return and what steps led to it, and will update with a response if we receive one.
Update: Here’s the full text of the email sent to developers by Apple about the outage.
We appreciate your patience as we work to bring our developers services back online. Certificates, Identifiers & Profiles, software downloads, and other developer services are now available. If you would like to know the availability of a particular system, visit our status page.
If your program membership expired or is set to expire during this downtime, it will be extended and your app will remain on the App Store. If you have any other concerns about your account, please contact us.
Thank you for bearing with us while we bring these important systems back online. We will continue to update you on our progress.
David Miller, a stock trader has tried to illegally purchase 1.625 million shares worth of $1 billion of Apple stock with the securities of Rochdale, on the quarterly earning October released of Apple. He has done it purposely, as his aim was to quickly sell off all the stock soon after rising of prices, as reported by Apple in his quarter earnings of October and return the firm’s amount. But it could not happen.
Instead of rising, Apple stock has face dropped off shown in the later reports. After hours, stock of Apple has fallen down and opened at lower. This is based on the verity that Apple has basically missed out street estimates in comparing the usual trend of opening higher soon after an earning call. The same trend has been followed for 25 years and in the past 36 quarters, according to the MarketWatch.As the stock prices shot down due to changing in trend, Miller has to face prison for the next 20 years. On his caught he said that he was only aiming to buy 1,625 share but multiples somehow went too much larger 1.625 million share buying. On the other side, Rochdale is save and he has to just bear loose of $5 million because deal went wrong and is now looking for the rescue from cash investment or mergers. His losses are more than it can cover while remaining solvent.
Similarly, Miller also tried to involve other brokers to work with the same scheme, but his misfortune does not help him in selling 500,000 shares. This story has left huge lesson for everyone. It is not really wise to invest employer’s money in playing blind games, as sometimes trends can get opposite.
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The European Commission has accepted book publisher Penguin’s proposals to scrap all of its existing ebook agency agreements – including its deal with Apple, most importantly – and refrain from adopting any similar partnerships for the next five years.
Penguin, along with competitors Simon & Schuster, Harper Collins, Hachette, Holtzbrinck, were all criticized for working with Apple and damaging the European ebook market by switching to an agency model.
This allowed the publisher, rather than the retailer, to set the sticker price seen by consumers in digital storefronts. Given that Apple takes a 30 percent cut of each sale regardless, this suited both the publishers and iBookstore vendor just fine. It also prevented other retailers, such as Amazon or Google, from undercutting these prices.
It differs from the wholesale model, whereby retailers are able to negotiate with publishers for the general rights to an ebook and then sell it at whatever price they like. The European Commission has concluded that Apple may have been trying to control ebook prices – a breach of antitrust rules in the European Union.
Under the new agreement, a two year “cooling-off” period will be instigated, by which all retailers will be able to discount Penguin ebook titles as they see fit.
The book publisher is also banned from using the so-called Most Favored Nation (MFN) clause – which meant publishers had to price ebooks on Apple’s services at least as low as the cheapest price offered by any other retailer – in all necessary renegotiations.
Joaqu n Almunia, Commission Vice-President in charge of competition policy, said: “After our decision of December 2012, the commitments are now legally binding on Apple and all five publishers including Penguin, restoring a competitive environment in the market for ebooks”.
A similar antitrust case in the United States came to a close in May this year when Pearson, Penguin’s parent publisher, confirmed it would pay $75 million in consumer damages. A US federal judge has since ruled that Apple truly did conspire to raise the price of ebooks across the market.
Apple has since confirmed that it plans to appeal the decision. “Apple did not conspire to fix ebook pricing and we will continue to fight against these false accusations,” company spokesman Tom Neumayr said. “When we introduced the iBookstore in 2010, we gave customers more choice, injecting much needed innovation and competition into the market, breaking Amazon’s monopolistic grip on the publishing industry.
“We’ve done nothing wrong and we will appeal the judge’s decision.”
Image Credit: LEON NEAL/AFP/Getty Images
Apple and Samsung have both reported their financials for Q2 2013 so, as is customary, analyst firms are now putting out their estimates for the quarter. IDC is out of the blocks, noting that Samsung and Apple remain the market leaders but greater growth is coming from lesser companies.
The research firm estimates that Samsung – which hasn’t provided figures publicly since Q3 2011 – shipped 72.4 million smartphones during the quarter. That number is 44 percent higher than the estimate one year previous, but IDC says Samsung’s share of the market has receded slightly, going from 32.2 percent last year to 30.4 percent in Q2 2013.
Looking at things quarter-by-quarter, the Galaxy S4 launch pushed Samsung’s sales total up by 1.7 million units over its Q1 2013 figure. Its share of market is also down 2.4 percent on the previous quarter.
Apple’s 31.2 million shipments (which were actually sales) represent a 13.1 percent share of the market, which is down on 16.6 percent in Q2 2012 even though its shipments grew by 20 percent over the 12-month period. The US firm saw market share drop from 17.3 percent in the previous quarter.
Indeed, LG, Lenovo and ZTE – which round out the top five – each enjoyed greater year-on-year and quarterly growth than either Apple or Samsung.
LG’s record haul of 12.1 million smartphone shipments represented a 130 percent year-on-year improvement, which IDC estimates to have grown its market share from 3.1 percent to 4.7 percent.
Lenovo is back in the top five after a six month absence. The Chinese firm charted 130.6 percent year-on-year shipment growth, the highest of any top-5 vendor, after shipping 11.3 million devices for an estimated 4.7 percent market share. Fellow Chinese phone-maker ZTE saw its shipments jump 57.8 percent to 10.1 million units, or 4.2 percent market share, according to IDC.
Nokia, RIM, HTC, Sony and the rest of the competition are bundled into ‘others’, a category that accounts for 42 percent of IDC’s Q2 2013 shipment estimates.
We know that sales of the discounted iPhone 4 help boost Apple’s figures for the quarter, and IDC says that Samsung enjoyed a similar boost from the Galaxy S3, which received price cuts following the launch of the Galaxy S4.
While Samsung remains out in front, the progress of LG is promising for the Android ecosystem. IDC credits Korea’s LG for “realiz[ing] a profit from its steady diet of Android-powered smartphones,” and it is certainly a different story to HTC which – though still posting slim profit – has seen its figures decline significantly over the past year or so.
IDC Research Manager Ramon Llamas says the data is proof that “the competition refuses to be shut out altogether” despite Apple and Samsung’s dominance.
“The opposite end of the spectrum is just as, if not more, interesting [than Apple and Samsung],” Llamas adds. “Lower-priced smartphones continue to gain traction, but the key for vendors will be to keep prices low while still offering premium devices and services. We fully expect to see large-screen smartphones and other flagship devices establish a presence within the lower-priced smartphone segment as well.”
IDC says that LG, Lenovo and co are performing well with high-end devices, as well as lower-priced offerings, but it will be interesting to see how they perform as and when Apple launches a much-anticipated new iPhone model, which is expected in the coming months – particularly if older iPhones are discounted.
We crunched IDC’s numbers since Q3 2011 to come up with this chart. Unfortunately it appears that the company regularly updates its figures without noting the changes, so the estimates for Q2 2012 are different to the comparative figures that were published today. Equally data is only released on the top 5 firms each month, but we think it is an interesting visual resource all the same.
Smartphone market share according to IDC | Infographics
Headline image via JOSEP LAGO/Getty Images
We may now know why Apple quietly set up shop in Boston earlier this year, if a report from Xconomy is to be believed. According to the site, Apple is developing a team of top speech technologists in Boston to eventually eliminate its dependence on Nuance for Siri.
The likelihood of this is actually extremely high – we’ve illustrated why below.
As a reminder, Nuance is the Boston-based multinational software maker which powers Apple’s voice recognition feature in Siri. Nuance has recently seen at least two of its speech scientists leave the company and join Apple. In other words, Apple is pulling talent from Nuance and putting them to work in its own backyard.
Currently, as Xconomy details, Apple’s Boston team publicly includes former Nuance employee Gunnar Evermann, who has a history of developing speech recognition technology; Larry Gillick, whose title is “Chief Speech Scientist, Siri at Apple;” and Don McAllaster, another ex-Nuance employee whose title at Apple is simply “Senior Research Scientist.” There are also a handful of other former Nuance employees currently at Apple, but not based in Boston, including Caroline Labrecque and Rongqing Huang.
Given how clear these titles are (again: “Chief Speech Scientist, Siri”), Apple is certainly developing some sort of speech technology in Boston. The only thing that’s currently unconfirmed is if Apple is strategically distancing itself from Nuance. Apple has a history of eliminating third-party ties to become self-reliant, and Nuance just might be next on Apple’s list.
Apple owes almost everything to iMac as in the year 1998 when “Bondi Blue” iMac was launched by Steve Jobs, the company was almost at death’s door. This launch of iMac saved the company and gave it the time for launching further products like iPhone, iPad and iPod which took the company to unpredictable heights.The year 2013 is different much different from the year 1998. Nowadays people mostly use laptops rather than iPhones, iPads or iPods. The figure shows that MacBook lines account to about three quarters of sales of Apple’s Mac. The iMac still exists in the market since its launch in 1998.
Apple has launched some new models of iMac in the previous month. Since the previous month I am testing the 21.5 inch version of iMac. Darrell has posted his reviews about the device and now I am also thinking to post my experience with this device.
This is the second iMac that I have bought and it doesn’t look much different from the previous version. The feature that I like most about this current version is that it is very thin. Its width is only 5mm. In my view if we compare it to the previous versions of iMac this version looks fake. It’s about eighty percent thinner than the previous version.
But this is a real iMac as when you look back you will notice a hump which stores all the goods. The volume of this current iMac even with the hump is forty percent less than the last version.
The reason behind this successful launch of 5mm thin iMac is that Apple borrowed some processes from other devices of Apple and modified them in order to make it as thin as 5mm. in the previous versions, laser welding of the front panel was done from inside. This required lots of space but this new version is welded with friction stir welding and therefore the screen is now closer to the glass.
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Microsoft is releasing another Office app for iOS, kind of. The new Office Web App for iPhone and iPad is designed for businesses who use Office 365 to access the full functionality of Outlook Web App. Although Microsoft has been supporting a web version of this previously, the software maker has packaged it up into a “native” app for iOS. If your work place subscribes to Office 365 then the benefits are clear, but if it’s not then it’s useless for those thousands of Exchange servers that run in enterprises today. The app does package together Mail, Calendar, and people into one neat package though. There’s also a navigation screen that includes Live Tiles of information. Microsoft has built in voice input too, allowing users to executive commands like “open Calendar for tomorrow.” Most of the UI is very similar to the existing Outlook Web App for Office 365, and apps for Outlook will work here too.
Read the full story at The Verge.