Following mixed reviews of its latest iPad line refresh last week, Apple kicked off the week with its fiscal fourth quarter earnings report, hitting all analyst targets.
The iPhone maker reported a net income of $7.5 billion, or $8.31 per share (statement). Non-GAAP earnings were $8.26 per share on a revenue of $37.5 billion.
Wall Street was looking for earnings of at least $7.93 on a revenue of $36.84 billion.
Apple shares were up slightly just before the closing bell rang on Monday.
Cupertino was quick to describe Q4 as a “record September quarter” with iPhone sales up by approximately 26 percent annually to 33.8 million units. That figure was undoubtedly helped by the the unveiling of the new iPhones 5C and 5S last month.
Nevertheless, even as iPad sales continue to grow, Mac figures demonstrate Apple is not immune to the PC industry woes either.
iPad sales were up slightly annually to 14.1 million units versus 14 million, while Mac sales were down from 4.9 million in the year-ago quarter to 4.6 million units this time around.
For the fiscal first quarter, Wall Street is banking big time on a combination …Read More
Zack Whittaker: ZDNet Full Article
The verdict is finally in on the new iPhones and the new mobile OS from Apple. Here is a comprehensive report that will hopefully help you to decide whether to buy the new phone or to upgrade your current iPhone.
In 1810, following a fire that all but destroyed the frontier city of Detroit, Fr. Gabriel Richard coined a phrase which became the city’s motto: Speramus meliora; resurget cineribus. We hope for better things; It shall rise from the ashes.
That same spirit drives TedX Detroit ,the gathering of “…the area’s leading creators, catalysts, entrepreneurs, artists, technologists, designers, scientists, thinkers and doers on Wednesday, October 2nd, 2013 to share what they are most passionate about – positive ideas for the world from Detroit.”
Charlie Wollborg, along with a few cool friends, helped bring the acclaimed TED conference to Michigan in the form of TEDxDetroit.
Valerie Sobczak, is the curator of TEDx Labs extra geeky gadget tech & art expo.
Techonomy.com Tuesday, Sept. 17, MacGregor Center, Wayne State University in Detroit.
Weekly feature with Mike Brennan, editor and publisher of MiTechNews.com, highlighting technology headlines from Michigan and around the world that impact of our state’s growing high tech sector. This MiTechNews report with Mike Brennan is brought to you by Mophie.Com, the maker of the iPhone juice pack, and the Engineering Society of Detroit, representing 16,000 engineers in Southeast Michigan.
ZDNet iPhone 5S Report
iPhone 5C Report
Apple launched its brightest and cheapest new iPhones in an uncharacteristically low key event Tuesday, Sept. 10. The iPhone 5 S confirmed all the rumors about its increased innards and capabilities which were considerable: faster processor, separate chip for motion, gold back frame available and the big surprise: a fingerprint reader. While the capabilities of the phone, including a lot of great new photo features, were significantly increased, the handset itself stays essentially the same size and feel as the current iPhone 5.
The iPhone 5C was the colorful debutante at the ball dressed in hues ranging from yellow to pink and sporting available Apple rubber cases with remarkable colorful designs themselves. It had been hoped that Apple would use this phone made of cheaper materials as a way of breaking into the lucrative international markets like China, India and Brazil. However it looks like Apple feels that they can still take the money and run; a policy which is leaving them in a distant second place to inexpensive but accessible Android phones by companies like Samsung.
Apple finally officially released the date and time for their big fall launch show: Sept 10 at 10AM PST (1PM EST).
The blogosphere has been in a frenzy to guess what the show is all about and, unlike most past years, there is a consensus building about what is going to happen. Zack Whitaker of ZDNet has a great collection of the most educated guesses. Just remember Steve Jobs famous…”Oh and one more thing.” It could be the iWach!