By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Cupertino, Calif. — Apple reported higher revenue, with record iPhone sales, but lower net profit in its fiscal third quarter, ended June 29.
Apple posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion. These results compare with revenue of $35 billion and net profit of $8.8 billion in the year-ago quarter.
Gross margin was 36.9 percent compared with 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Redmond, Wash. – Microsoft reported higher revenue and net income for its fiscal fourth quarter and fiscal year ended June 30.
Revenue for the quarter was $19.9 billion, up from the prior year’s $18.1 billion. Fiscal year revenue was $77.8 billion compared with the prior year’s $73.7 billion.
Net income for the quarter was $4.98 billion, reversing the prior year’s loss of $492 million. Net income for the year was $21.8 billion, up from the prior year’s $16.9 billion
New York — Worldwide PC shipments were down by double digits in the second quarter compared with last year's quarter, according to preliminary reports from International Data Corp. (IDC) and Gartner, with Lenovo leading the way in units shipped.
IDC reported total shipments of 75.6 million units, down 11.4 percent from last year's Q2. Gartner pegged shipments at 76 million, down 10.9 percent year over year. Both companies had Lenovo overtaking HP as the market share leader with 16.7 percent of total shipments.
Redmond, Wash. — Microsoft is consolidating its divisions to deliver what CEO Steve Ballmer called “a more coherent message and family of product offerings.”
The new division will include: engineering (including supply chain and datacenters), marketing, business development and evangelism, advanced strategy and research, finance, HR, legal, and COO (including field, support, commercial operations and IT).
Framingham, Mass. – IDC is projecting worldwide second quarter PC shipments to have declined 11.7 percent, continuing the downward trend for the category started last year.
IDC’s Monthly PC tracker follows the 13.3 percent decline during the first quarter of the year and the overall 4 percent drop experienced in 2012.
The research firm is forecasting a 4.7 percent fall off for the third quarter and 1.6 percent dip for the fourth quarter resulting in an overall 7.8 percent decrease in PC shipments for 2013, as compared to 2012.
Emeryville, Calif. — LeapFrog announced its newest kids tablet, the company’s first with built-in Wi-Fi.
The LeapPad Ultra features a 7-inch touchscreen with 1,024 by 600 resolution, 800MHz processor, 8GB of internal storage, built-in Wi-Fi and parental controls. It has a 2-megapixel front and back camera and a video recorder that can take 480p video. Unlike the previous-generation LeapPad2, the MP3 player on the Ultra is built in. It also has a built-in rechargeable lithium-ion battery for the first time.
Stamford, Conn. – Gartner became the latest research firm to forecast a double-digit drop in shipments and massive tablet growth for 2013.
Desktop and notebook computer shipments are set to decline 10.6 percent to 305.2 million units worldwide this year and continue falling another 5.3 percent to 289.2 million in 2014.
Meanwhile tablet shipments will grow 67.9 percent to 201.8 million in 2013 and 36.8 percent to 276.2 million next year.
Santa Clara, Calif. — Touch-sensor glass production is forecast to grow dramatically as new touch technologies begin to take hold, according to NPD DisplaySearch.
The research firm expects total sensor glass yield to hit 35.9 million square meters by 2015, up from 25.5 million square meters in 2013 and 12 million square meters last year.
San Francisco — Apple launched a major redesign and upgrade of its mobile OS for iPhones and iPads in the face of growing competition from competitors such as Samsung.
The new iOS will be available in the fall for the iPhone 4 and later for the iPad 2, iPad Mini and the fifth-generation iPod Touch.
Framingham, Mass. — Almost 2 billion connected devices will ship worldwide next year, according to an IDC report.
The company’s “Worldwide Quarterly Smart Connected Device Tracker” report stated that 1.7 billion connected devices (smartphones, tablets and computers) will ship by 2014. The majority of the devices, about 650 million, will ship to the BRIC nations — Brazil, Russia, India and China — while the developed markets that include the United States, U.K. and Japan will account for 400 million units.