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Why Apples record-breaking revenues and iPhone shipments arent good enough

2014-01-28 16:03:49| Extremetech

Late yesterday, Apple announced record earnings of $57.6 billion for the last quarter of 2013. The company sold a record number of iPhones (51 million), a record number of iPads (26 million), both of which contributed to a very healthy profit of $13.1 billion. By almost every measure of financial success, Apple is doing extremely well. Why, then, on the back of record earnings, did Apple's stock price tumble almost 10%? Why, after being one of the most successful companies in the world for the last 10 years, has its stock price been trending downwards for almost two years? For some reason, despite being one of the most popular, well-known, and desirable brands in the world, nothing Apple does ever seems to be good enough.

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Is Apple Working on a Solar-Powered, Sapphire-Covered iPhone?

2014-01-28 15:32:15| Industrial Machines - Topix.net

Seeking Alpha's Matt Margolis recently made a compelling argument for why he believes Apple may be developing a solar-powered, sapphire-covered iPhone.

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Is Apple Working on a Solar-Powered, Sapphire-Covered iPhone?

2014-01-28 14:42:00| Chemicals - Topix.net

Seeking Alpha's Matt Margolis recently made a compelling argument for why he believes Apple may be developing a solar-powered, sapphire-covered iPhone.

Tags: working apple iphone apple working

 

Rebounding Mac, strong iPad and iPhone highlight winning Apple quarter

2014-01-28 13:08:16| InfoWorld: Top News

Continued strong iPhone and iPad sales, surprisingly good Mac sales, and a rising Chinese market gave Apple a very healthy start to its 2014 fiscal year.

Tags: strong mac apple winning

 

Apple quarterly profit flat, iPhone sales hit new record

2014-01-28 08:39:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 57.6 billion for its fiscal first quarter to December, up from USD 54.5 billion a year earlier. The growth was in line with the company's outlook and supported by the release of the new iPhones from September. The company's gross margin dropped to 37.9 percent from 38.6 percent, net profit was unchanged year-on-year at USD 13.1 billion, and EPS increased to USD 14.50 from USD 13.81 a year ago. Apple hit a new quarterly record with 51 million iPhones shipped, up from 47.8 million in the year-ago quarter. iPad shipments also reached a new record, of 26 million versus 22.9 million a year earlier, after the launch of new models in November. In addition, Apple increased Mac sales to 4.8 million from 4.1 million in the year-ago quarter. The company generated USD 27.7 billion in operating cash flow in the quarter and paid USD 7.7 billion to shareholders in dividend and share repurchases. Apple will pay another quarterly dividend of USD 3.05 per share in February. For fiscal Q2, the company forecast revenue of USD 42-44 billion, a gross margin of 37-38 percent and operating costs of USD 4.3-4.4 billion.

Tags: sales record hit flat

 

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