New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
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.
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.
New York – Apple vowed to appeal a ruling by the U.S. International Trade Commission banning the company from importing and distributing older iPhones and cellular-equipped iPads, but only those models designed to operate on the AT&T network.
The products are the iPhone 4, iPhone 3GS, iPad 3G, iPad2 3G, and iPad 3, but only the iPhone 4 and cellular-equipped iPad 2 are currently available on the Apple and AT&T online stores, the companies’ web sites show. AT&T sells the 3G-equipped iPhone 4 for 99 cents on its website.
Cupertino, Calif. — Apple expanded its selection of fifth-generation iPod Touch MP3/video players with the launch of a $229 16GB model.
The new iPod Touch complement its $299 32GB and $399 64BG models, which were introduced last September.
Apple also discontinued its two fourth-generation Touches. Those two models, sporting 16GB and 32GB storage, remained in the line after last September’s fifth-generation launch but were re-priced down to $199 and $249, respectively.
Reston, Va. – The Android OS lost share among U.S. smartphone users in the three months ending March compared to the previous three-month period, and Apple gained share at a faster rate than Samsung, a comScore consumer survey found.
For the three-month period ending in March, Android’s share of smartphones in use slipped on a sequential basis by 1.4 percentage points to 52 percent while Apple’s iOS share gained 2.7 percentage points to 39 percent.
Apple won’t be asking Keith Richards for a product endorsement any time soon.
Rock-and-roll’s riff-master general doesn’t own an iPod, and told the Associated Press he prefers vinyl and even cassettes to its compressed digital sound.
“It has … a much better sound than digital,” he said of the analog formats.
Apple may still not be ready to launch its long-anticipated and speculated-on iTV, but that’s apparently not stopping a couple of other industry giants from moving forward with ambitious online video streaming entertainment devices.
Cupertino, Calif. – Apple reported higher sales but lower profits in its fiscal second quarter ended March 30, selling more iPhones and iPads than the same quarter last year.
Apple posted quarterly revenue of $43.6 billion compared with $39.2 billion in the year-ago quarter. Profits were $9.5 billion, down from the net profit of $11.6 billion last year.
Gross margin was 37.5 percent compared to 47.4 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter’s revenue.
New York — Gartner is forecasting double-digit worldwide growth for mobile phones, tablets and ultrathin laptops for the next four years.
The only category expected to decline during this period is desktop PCs and laptops.
The research firm reported that 2.4 billion connected devices will ship this year, up from 2.2 billion in 2012. This figure will climb to 2.6 billion by 2014 and hit 2.96 billion by 2017.
On April 1, 1976, Steve Jobs, Steve Wozniak and Ronald Wayne founded Apple Computer and last August, Apple became the most profitable company of all time on Wall Street.