So it was that following Apple's second-quarter earnings report on Tuesday Cook came across in the company's conference call with analysts as a CEO without a care in the world. He was "confident." He was "pleased."And of course, he was "excited."
He also was spinning Apple's performance for all it was worth.
"We do want to … Read more
Apple Chief Financial Officer Peter Oppenheimer took a minute during Tuesday's earnings conference call to cite Apple's success in Japan -- an important metric in a country where national brands were once invincible.
"In Japan, IDC Japan announced that iPhone gained the number one position for all of calendar year 2012, as well as for calendar Q4 2012 in both handsets and smartphones," Oppenheimer said.
He continued. "This is also the first time a non-Japanese company has achieved the No. 1 spot for an entire year...In addition, Apple was ranked No. 1 in Nikkei'… Read more
When the iPod first came out, Apple hoped it would help drive sales of the Mac. The reason was simple: at first, you needed a Mac to use the svelte little MP3 player. The phenomenon was dubbed the halo effect because customers would be expected to gravitate to Apple's other products.
Of course, what ended up happening instead was that Apple soon made iTunes and its music store available for Windows users, switched from Firewire to the more ubiquitous USB, and went on to sell millions of iPods, dominating both the digital music and MP3 player markets in the … Read more
In the battle between wireless giants over consumers, Verizon Wireless toppled rival AT&T in the first quarter.
Growth in the traditional contract subscriber business -- seen as the bread and butter of the wireless carriers -- has been slowing for over the last several quarters. But Verizon appears to be weathering the slowdown better than most.
It wasn't much of a contest. Verizon added a net 677,000 new contract customers, compared with 296,000 net new contract subscribers at AT&T.
"The difference between subscriber trends at AT&T and Verizon is pretty … Read more
While Apple maintains that the iPhone 5's 4-inch display is the best around, the company hasn't totally ruled out making a device with a larger screen.
When questioned Tuesday about Apple's stance on a 5-inch screen, CEO Tim Cook didn't exactly expound on the virtues of a larger screen -- in fact, he did just the opposite -- but he never wholly rejected the idea of going bigger either.
"My view continues to be that iPhone 5 has the absolute best display in the industry," Cook said on a postearnings call with investors. "… Read more
Apple CEO Tim Cook said Tuesday that the company will announce some new products this fall but wouldn't offer any specifics.
"Our teams are hard at work on some amazing new hardware, software and services that we can't wait to introduce this fall and throughout 2014," he said during the company's earnings call Tuesday afternoon. But apparently, he can wait.
When asked by an analyst if this meant Apple won't release any other new products until fall, Cook wouldn't dish.
"I don't want to be more specific, but I'm just … Read more
By any measure, Apple's supercharged 2012 is making this year pretty tough. So much so that CEO Tim Cook in effect cautioned Wall Street analysts against making comparisons.
"Fiscal 2012 results were incredibly strong, and that's making it difficult," Cook said on Apple's second-quarter earnings conference call, rattling off all that made last year so good: high growth, high demand, fatter gross margins, and historically low costs for components.
And yet that's what investors do: They make comparisons to prior years and make a bet on the stock based on what the future looks … Read more
Google has acquired the personalized-news startup Wavii for more than $30 million, according to a report.
TechCrunch cites "a legitimate source" as saying that Google beat out Apple for the Seattle-based startup, which developed its own automated, personalized news "feed" app. Apple reportedly wanted the company for its Siri division.
Yahoo made a similar deal in March, when it spent $30 million to acquire the news-reading app Summly from teenager Nick D'Aloisio.
When Wavii debuted in April 2010, CNET's Rafe Needleman described it this way: "Wavii is a smart timeline of the news. … Read more
Apple's iCloud online storage jumped 20 percent in the most recent quarter, the company noted on its earnings conference call with analysts.
Apple chief financial officer Peter Oppenheimer said the company now has 300 million iCloud users. In January, Apple noted that iCloud had 250 million users.
The service stores and syncs data from Apple customers, such as calendars, email, photos and more across the various Apple devices that users own. Last month, Strategy Analytics reported that Apple held 27 percent of cloud storage usage in the United States during the third quarter of 2012, leading rivals.
iPhones: 37.4 million iPhones compared to 35.1 million year-over-year iPads: 19.5 million compared to 11.8 million year-over-year Macs: 3.95 million, compared to 4 million year-over-year iPods: 5.7 million compared to 7.7 million year-over-year iTunes revenue up 28% App Store now in 155 countries and 350,000 apps 91 million visitors … Read more
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