Apple blow the doors off of Q4 , with unassailable performances from almost every corner . It ’s their highest tax income and profit ever , but will they sayanything elseabout Wednesday ’s promulgation ? update live .
https://gizmodo.com/steve-jobs-were-starting-this-week-with-a-major-new-5456635
Apple sold doubly as many iPhones as last twelvemonth , although that still manage to be below Wall Street expectations . iPod proceed its steady declivity , with 8 % fewer sales than last year , and they managed to get 3.4 million Macs out the door , despite some functionality issues . Revenue was a whopping $ 15.68 billion .
The actual money part of the results are affect by a change in accounting measures , so we ’ll find out on the upcoming call just how well they really did compare to years by . It starts at five , and we ’ll be updating as it cash in one’s chips .
The call :
So it ’s a record break - quarter even with the accounting modification , by almost $ 3.5 billion .
Response to the unexampled iMac was “ very strong , ” although it’snot needs positivein some quarter .
https://gizmodo.com/the-faulty-imac-saga-chapter-2-even-steve-jobs-cant-f-5452083
The iTunes store now has 11 million songs , 8,000 movies and over 50,000 TV episode . The app store has over 3 billion ( ! ) download to date in 77 body politic .
talk iPhone now , which did well but not as well as analysts had predicted . But then again , analyst just make stuff up anyway . Their average cut-rate sale damage of $ 620 is something I ’m certain they can sleep well with .
Half the Macs sold in computer memory last quarter went to people who ’d never bought a Mac before . This has been a course for Apple for the last few years , and speaks well for the long - term , feign they keep those convert in the Mac family .
Now talking accounting … fundamentally , they used to defer iPhone and Apple TV tax income , but now they recognize taxation now ( including calculate raise fee ) . Not too exciting unless you ’re an investor or a certified public accountant .
“ We are incredibly excited about our new product word of mouth . ” Well , us too !
Q&A :
Q : 44 % of iPhone units are on AT&T ( globally , presumably ) . What are the benefits of their being your only US married person , given their problem ? ( A little Verizon - baiting there )
A : And COO Tim Cook does n’t sting : “ First of all , AT&T is a great married person … it ’s crucial to commemorate that they have more mobile broadband user than any other newsboy in the world … We have very high confidence that they ’ll make very significant progress towards fixing [ their job ] . ”
Q : Could you elaborate on which component cost you expect to be up this tail ? ( Like um tablet components HMMM ? )
A : Tim Cook : We ’re continuing to see that the market isconstrained in D - random access memory , and we do expect that to repulse toll higher .
https://gizmodo.com/sorry-pc-buyers-of-the-future-prices-are-going-up-5446405
Q : Does your guidance include any unannounced products ? ( Like um tablet mathematical product HMMMM ? )
A : CFO Peter Oppenheimer wo n’t slip that easy . No commentary .
Q : Could you mouth more about the iPhone in China ? How is that looking into this year ?
A : Tim Cook : We ’ve cumulatively trigger off over 200,000 unit since October launching . We ’re very , very focused on the timber of the full point of sale and the client experience . We ’d prefer to move slowly because we ’re work up the brand for the long terminus . I would n’t want to foretell where sales will go or what we may or may not do from a mate point of view .
Q : Any update on judicial proceeding ? ( Honestly , there ’s so many peoplesuing Apple right nowthat a full answer could take us through Wednesday ’s announcement ) .
https://gizmodo.com/apple-sued-for-iphone-patent-infringement-again-5419047
A : Nope ! ( thank goodness )
Q : What ’s the muckle with the freshwater bass ackwards App Store approval process ?
A : Tim Cook say it ’s important to “ keep it in perspective . ” 90 % of apps sanction in 14 solar day or less . Porn gets terminate in a flash ( oh really ? ) “ Most of the rejection are bugs in the code itself , and this is protect the client and developer , to a great extent . ”
https://gizmodo.com/apple-approves-porn-app-in-under-12-hours-5445065
Q : Here we go . How bounteous of an impact do you carry your next product to have ? As big as iPhone and iPod ?
A : Tim Cook does n’t want to ruin the surprisal , which itself is not at all surprising . But it is disappointing !
Q : Can you provide more color on the App Store in full term of changes in pay versus gratis apps ?
A : Peter Oppenheimer “ does n’t desire to partake in the answers to the question that you asked . ” Peter Oppenheimer is NO FUN . He does say that Apple is “ way in advance ” of their competitor .
Q : Can you give an update on long - term scheme re : Lala and Quattro accomplishment ?
A : Peter Oppenheimer : “ We now and then acquire small companies from time to sentence for their technology and talent . ” Come on , Peter . Just show a little leg , that ’s all I ’m asking .
( Sidenote : Craig Hockenberry notesthat with iPod Touch up 55 % this quarter , there are now about 77 million devices out there . Yowza ) .
Q : Can you characterise your changing relationship with Google ?
A : Peter Oppenheimer : “ We work with Google in some areas and compete with them in others . ” Where ’s the fire in the stomach , Peter ? Does n’t the Nexus One tick you off even just a small ?
Some talk about the K-12 market , and we ’re done ! Not nearly as much pad of paper - baiting as we ’d hoped , but that ’ll just make Wednesday all the sweeter .
Apple Reports First Quarter solvent
All - Time Highest Revenue and Profit
New Accounting Standards Adopted
CUPERTINO , California - January 25 , 2010 - Apple ® today denote financial results for its fiscal 2010 first quarter ended December 26 , 2009 . The Company posted taxation of $ 15.68 billion and a net quarterly net of $ 3.38 billion , or $ 3.67 per dilute share . These results compare to revenue of $ 11.88 billion and net quarterly lucre of $ 2.26 billion , or $ 2.50 per diluted share , in the year - ago tail . Gross margin was 40.9 percent , up from 37.9 percent in the class - agone quarter . International sales report for 58 percent of the quarter ’s revenue .
Apple sold 3.36 million Macintosh ® information processing system during the after part , representing a 33 per centum unit increase over the year - ago quarter . The Company sold 8.7 million iPhones in the fourth part , represent 100 percent unit of measurement growth over the year - ago quartern . Apple sell 21 million iPods during the quarter , represent an eight percent building block slump from the yr - ago one-fourth .
During the quarter Apple elected retrospective adoption of the Financial Accounting Standards Board ’s amended accounting standards * related to certain revenue identification . Adoption of the new accounting standards significantly exchange how the Company accounts for certain items , particularly sales of iPhone ® and Apple TV ® .
“ If you annualize our quarterly revenue , it ’s surprising that Apple is now a $ 50 + billion troupe , ” said Steve Jobs , Apple ’s CEO . “ The new products we are plan to release this yr are very strong , starting this week with a major new product that we ’re really aroused about . ”
“ We are very proud of to have bring forth $ 5.8 billion in cash during the quarter , ” say Peter Oppenheimer , Apple ’s CFO . “ Looking ahead to the second financial quarter of 2010 , we await receipts in the range of about $ 11.0 billion to $ 11.4 billion and we expect dilute lucre per portion in the range of about $ 2.06 to $ 2.18 . ”
Apple will ply alive cyclosis of its Q1 2010 fiscal results group discussion call utilizing QuickTime ® , Apple ’s standard - based technology for live and on - need audio and telecasting streaming . The live webcast will begin at 2:00 p.m. PST on January 25 , 2010 at www.apple.com/quicktime/qtv/earningsq110/ and will also be available for replay for approximately two calendar week thereafter .
AppleiPhoneiPodSteve line of work
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