According to a report by CVG, Android Market downloads of games specifically designed to run on Sony Ericsson’s Xperia PLAY handset have been extremely low. As evidence in its case, the report hones in on five Play titles that all have under 1,000 total Market downloads: Cool Boarders 2, 100–500; Destruction Derby, 500–1,000; Jumping Flash, 50–100; MediEvil, 100–500; and Syphon Filter, 100–500. Despite this, the handset’s creator is undeterred. “There’s no concerns, it’s a revolutionary device, it’s shaking up the market, we’re very pleased with it,” said Dominic Heil- Read the rest of this entry
A Verizon Wireless spokesperson has shed some light on the fate of the HTC Merge — an Android 2.2 handset first discovered last September. The device, which was officially announced by HTC in February, has fallen in and out of obscurity for months. Now, according to the latest report, users may finally get a chance to purchase the handset. Read the rest of this entry
The ASUS Eee Pad Transformer, an Android 3.0 (Honeycomb) tablet with a 10.1-inch screen and an optional QWERTY dock, made its U.S. retail debut today, and it’s flying off of store shelves. Amazon and Target appear to have already sold out of initial stock of the unit, and Best Buy’s website currently says that the $400 tablet is backordered, too. ASUS announced the Eee Pad Transformer late last month, and it’s equipped with a dual-core NVIDIA Tegra 2 processor, 1GB of RAM, a 1.2-megapixel camera for video chat, a rear-facing 5-megapixel camera, and it’s rated for up to 9.5 hours of battery life. There’s no word on when U.S. stock will be replenished, although Best Buy’s “ship to store” option says the unit usually ships to the store within 3 to 5 days.
It appears that Apple’s sales call has shown the company to – surprise – be growing wildly, while the numbers on iPad sales specifically seem to be ever so slightly slipping. The sales call included the computer giant’s fiscal 2011 quarter ending on March 26th, 2011. During this quarter they’ve posted record second quarter revenue of $24.67 billion as well as record second quarter net profit of $5.00 billion, this translating to $6.40 per diluted share. Stock prices at the moment I publish this post:
And of course, it should be clear why sales for the original iPad “slipped” this past quarter: everyone knew, or at least suspected, that the iPad 2 was coming. Why purchase a tablet when you know a much better tablet is coming down the sled hill? Therefor watch, if you will, these numbers blast into outer space on next quarter’s call.
Oh Apple, you wily bunch, when will you ever stop growing?
Never, never ever, that’s what Steve Jobs essentially said on this call, “With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders. … We will continue to innovate on all fronts throughout the remainder of the year.” Unless the end of the year comes, that is. In reality, compared to the numbers last year with revenue at $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, I and we are thinking their growth shows more than a little growth possibility.
Have a peek at the statistics below, and I’ll leave most of the conjecture up to Ben, but I’ve gotta say: no matter how you look at it, Apple continues to sell a whole barrel full of iProducts and will continue to do so until the end of time. They show no signs of letting up any time soon, and what we can all take away from this sales call is that the whole crew is definitely still on all four wheels.
April 20, 2011 20:30 UTC
Apple Reports Second Quarter Results
Record March Quarter Drives 83 Percent Revenue Growth, 95 Percent Profit Growth
Record iPhone Sales Grow 113 Percent
CUPERTINO, Calif.–(BUSINESS WIRE)– Apple® today announced financial results for its fiscal 2011 second quarter ended March 26, 2011. The Company posted record second quarter revenue of $24.67 billion and record second quarter net profit of $5.99 billion, or $6.40 per diluted share. These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter. Gross margin was 41.4 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.
Apple sold 3.76 million Macs during the quarter, a 28 percent unit increase over the year-ago quarter. The Company sold 18.65 million iPhones in the quarter, representing 113 percent unit growth over the year-ago quarter. Apple sold 9.02 million iPods during the quarter, representing a 17 percent unit decline from the year-ago quarter. The Company also sold 4.69 million iPads during the quarter.
“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO. “We will continue to innovate on all fronts throughout the remainder of the year.”
“We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over $6.2 billion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $5.03.”
Apple will provide live streaming of its Q2 2011 financial results conference call beginning at 2:00 p.m. PDT on April 20, 2011 at http://www.apple.com/quicktime/qtv/earningsq211. This webcast will also be available for replay for approximately two weeks thereafter.
This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors“ and “Management’s Discussion and Analysis of Financial Condition and Results of Operations“ sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 25, 2010, its Form 10-Q for the quarter ended December 25, 2010, and its Form 10-Q for the quarter ended March 26, 2011 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.
NOTE TO EDITORS: For additional information visit Apple’s PR website (www.apple.com/pr), or call Apple’s Media Helpline at (408) 974-2042.
© 2011 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS and Macintosh are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
In an interview with USA Today, Reggie Fils-Aime, president of Nintendo of America, confirmed that Nintendo sold nearly 400,000 of its 3DS units in the week following its March 27th launch. That’s the same figure Nintendo sold in Japan on its first day of availability when it launched there in February. “We are very satisfied with this start and we look forward to the momentum that we will build on the Nintendo 3DS with the launch of the E-Shop, the launch of the 3-D trailers for Hollywood movies, and the launch of The Legend of Zelda: Ocarina of Time in mid-June, as well as the launch of Netflix later on in the summer,” Fils-Aime said. We noted the glaring lack of services like Netflix and an app/game store in our recent Nintendo 3DS review, so we look forward to those updates. In addition to solid 3DS sales, Nintendo sold more than 460,000 units of its previous-generation DS portable gaming consoles, and 290,000 Wii consoles during the month of March.