q2

iPad Mini popularity burying regular iPad, claim suppliers

The iPad Mini appears to be trouncing the iPad in popularity based on estimates coming out of the Asia-based supply chain.

Of the 19.5 million iPads sold in Apple's second quarter (January to March), 12.5 million were iPad Minis, according to an estimate from Taipei-based Digitimes that cited sources. The publication defines the number as "shipments."

Of course, only Apple (which does not break down iPad and iPad Mini sales) knows the real number, but this jibes with shipment trends that DisplaySearch was seeing in December.

At that time, DisplaySearch expected Apple to sell 6 … Read more

Apple: Newest victim of the law of large numbers

Give Tim Cook his due. The man could sweet talk the spots off a leopard and the big cat would be left feeling awfully proud about his suddenly spanking new coat of gold.

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

Halo still in effect: Apple sees iPads as gateway to Macs

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

Apple's Q2: By the numbers

Wall Street will have to make up its mind about Apple's downbeat forecast for the next quarter. But the company came in ahead of estimates during its first second quarter. Here's how Apple fared in the quarter compared:<>uct:

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

Apple profit slips 18%, but iPhone, iPad sales stay strong

Apple surprised Wall Street today with stronger than expected earnings in its second quarter, though the company came up short in its estimates for the next one.

Apple reported earnings of $9.5 billion on $43.6 billion in sales. That was right on target with the $9.5 billion in profit and just barely above the $42.3 billion in sales that Wall Street expected. It was also above Apple's own expectations, which were between $9.23 and $10.23 per share on sales of $41 billion to $43 billion.

By comparison, Apple tallied up a higher $11.… Read more

Apple earnings could bring profit setback, despite record sales

Apple could make history tomorrow with its biggest second-quarter sales yet, though it's also expected to log its first decline in profit in 10 years.

That's what analysts anticipate in Tuesday's second-quarter earnings report, which will spell out the company's performance through the end of March.

Wall Street is expecting Apple to post earnings of $10.12 per share on sales of $42.6 billion, based on a poll of 48 analysts from Thomson First Call. That's down from earnings of $12.30 per share, and up from the $39.2 billion in sales from … Read more

Microsoft: We're going to broaden Surface lineup

During Microsoft's second-quarter earnings conference call today, the company's chief financial officer reiterated that the lineup of Surface devices will expand.

After Microsoft reported reported earning today, Chief Financial Officer Peter Klein spoke about future Surface products -- though he was mum about specifics.

"We had limited distribution this quarter in our stores and we're excited about expanding that [distribution]," he said, responding to an analyst's question.

"We're going to expand geographically, we're going to expand the product lineup, we're going to expand retail distribution and capacity," he said, … Read more

Microsoft Q2: By the numbers

Microsoft has issued its first earnings scorecard since the introduction of the Windows 8 operating system and of Surface, its first branded tablet computer. The company's fiscal second-quarter report also opens the latest window -- no pun intended -- onto the pace of decline of PC shipments as more people switch over to smartphones and tablets.

Here are some of the highlights by the numbers:

Revenue: $21.5 billion Net income: $6.38 billion Windows: $5.88 billion, up 24 percent year-over year. (That number includes revenue deferrals tied to an earlier upgrade offer as well as presales. On … Read more

Lenovo sees 7-inch tablets vying with phones, not PCs

Lenovo expects the growing market for 7-inch tablets to compete with large-screen smartphones, not PCs.

During the company's second-quarter earnings conference call Thursday, Lenovo Chief Executive Yang Yuanqing said he had just read a report on Apple's iPad Mini and was encouraged about the trend in the tablet market.

"The market accepts the 7-inch [tablet] better than the 10-inch. That's a very strong signal, the tablet will not replace the traditional PC," he said during the conference call.

Yuanqing continued. "Probably, the tablet will compete with the large-screen smartphone rather than the PC," … Read more