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Apple earnings up, but the iPad continues its ironic decline just like the PC it tried to replace
2014-10-21 17:42:51| Extremetech
Apple (AAPL) held its Q4 2014 earnings call yesterday, and despite (unsurprisingly) record profits from the iPhone and Mac departments, CEO Tim Cook admitted that the iPad isn't doing as well as it used to -- and, rather amusingly, the stagnation of iPad sales seems to be rooted in the same underlying cause of slowing PC sales: After you've bought an iPad, there's very little reason to upgrade.
Apple quarterly sales stronger than expected
2014-10-21 08:40:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues of USD 42.1 billion for its fiscal fourth quarter to September, up from USD 37.5 billion a year earlier and better than the company's forecast of USD 37-40 billion. The gross margin rose to 38 percent from 37 percent, and net profit increased to USD 8.5 billion or USD 1.42 per share, from USD 7.5 billion or USD 1.18 per share a year ago. The company sold 39.2 million iPhones in the quarter, up 16 percent year-on-year, while iPad sales fell 13 percent to 12.3 million. The number of Macs sold rose by 25 percent to 5.5 million. After operating cash flow of USD 13.3 billion in the quarter, Apple will pay a cash dividend of USD 0.47 per share. For the current quarter, Apple forecast a jump in revenue to USD 63.5-66.5 billion, thanks to strong sales of the recently launched iPhone 6. The gross margin is estimated at 37.5-38.5 percent.
Tags: sales
expected
apple
quarterly
Apple Pay experiment: Paying with my iPhone was fast, simple on Day 1
2014-10-21 04:01:37| Grocery - Topix.net
Reporter Tamara Chuang tries out the new Apple Pay at Whole Foods Market in Centennial, Colorado on Monday, October 21, 2014. When Starbucks enabled its mobile app to let customers pay for lattes with their phone, I ditched plastic and converted immediately.
Strong iPhone, Mac growth offset another weak iPad quarter at Apple
2014-10-21 02:00:00| Total Telecom industry news
Tablet sales down 13% on-year but group revenue still tops analyst expectations.
The Wall Street Journal: Apple sells 39.27 mln iPhones to catapult profit past Wall Street target
2014-10-21 01:31:42| Semiconductors - Topix.net
Apple Inc. said its quarterly profit rose 13% as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales. is riding high from the flood of demand for a pair of new iPhones released in September.
Tags: street
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journal
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