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Apple has announced the financial data for fiscal Q4 2011 that ended on September 24, 2011. Apple had the highest September quarter revenue and earnings in the company’s history, but still fell short of expectations. Apple CEO Tim Cook is blaming the underperforming Q4 results that didn’t meet analyst predictions on rampant speculation later in the quarter. That speculation drove iPhone 5 rumors to a fevered pitch and resulted in less sales of the iPhone 4 as consumers waited for the next iPhone to debut according to Cook.
While on the one hand Apple is fighting less than expected sales and profits, it still had an excellent quarter with revenue of $28.27 billion and a net profit for the quarter of $6.62 billion working out to $7.05 per diluted share. In the same quarter last year, Apple posted $20.34 billion in revenue and $4.31 billion net quarterly profit.
Apple says that it sold 17.07 million iPhones in the quarter for a 21% unit growth compared to the same quarter in 2010. The number of iPads sold in the quarter was 11.12 million, an increase of 166% year-over-year. The number of Mac computers sold hit 4.89 million, up 26% from the previous year. Apple was also able to move 6.62 million iPods, which is down 27% from the previous year. The iPod was the only segment to shrink for Apple.
Yes, techies have already decided that the iPhone 5 name should, in fact, go to the *next* new handset from Apple, since it would be in keeping with the naming scheme — iPhone, iPhone 3G, iPhone 3GS, iPhone 4, iPhone 4S — that Apple’s already set up.
The next iPhone, CNET reported, is really the final Apple device that had a major amount of input from Apple’s late co-founder Steve Jobs. Citing analyst Ashok Kumar of Rodman & Renshaw, the report said that the next iPhone is likely to be a “cult classic” because it was Jobs’s last big project at Apple.
Kumar said that it will be slimmer, with a larger screen and may have LTE — which should all sound familiar to anyone who was following iPhone 4S/iPhone 5 rumors.
Reports from the Korea Times indicate that Apple and Samsung will continue their manufacturing partnership despite their ongoing tiff over patent infringement. The report, citing unnamed industry sources, said that Samsung has been ramping up production of its quad-core A6 chip at its plant in Austin, Texas. The report said that Apple will become Samsung’s biggest overseas client this year, having bought more than $8 billion in components from the Korean company.
And what about a release date? Well, Apple switched its release schedule for phones to its autumn event for the iPhone 4S, but speculation swirls around a summer release date for the next handset.
But if you’re trying to decide whether you want to upgrade your iPhone, I’d stick to weighing your existing options (3GS, 4 or 4S) rather than comparing your handset to the vaporware that is the iPhone 5.
After all, it’s very early in the season for Apple rumors.
All about iPhones:
While on the one hand Apple is fighting less than expected sales and profits, it still had an excellent quarter with revenue of $28.27 billion and a net profit for the quarter of $6.62 billion working out to $7.05 per diluted share. In the same quarter last year, Apple posted $20.34 billion in revenue and $4.31 billion net quarterly profit.
Apple says that it sold 17.07 million iPhones in the quarter for a 21% unit growth compared to the same quarter in 2010. The number of iPads sold in the quarter was 11.12 million, an increase of 166% year-over-year. The number of Mac computers sold hit 4.89 million, up 26% from the previous year. Apple was also able to move 6.62 million iPods, which is down 27% from the previous year. The iPod was the only segment to shrink for Apple.
Yes, techies have already decided that the iPhone 5 name should, in fact, go to the *next* new handset from Apple, since it would be in keeping with the naming scheme — iPhone, iPhone 3G, iPhone 3GS, iPhone 4, iPhone 4S — that Apple’s already set up.
The next iPhone, CNET reported, is really the final Apple device that had a major amount of input from Apple’s late co-founder Steve Jobs. Citing analyst Ashok Kumar of Rodman & Renshaw, the report said that the next iPhone is likely to be a “cult classic” because it was Jobs’s last big project at Apple.
Kumar said that it will be slimmer, with a larger screen and may have LTE — which should all sound familiar to anyone who was following iPhone 4S/iPhone 5 rumors.
Reports from the Korea Times indicate that Apple and Samsung will continue their manufacturing partnership despite their ongoing tiff over patent infringement. The report, citing unnamed industry sources, said that Samsung has been ramping up production of its quad-core A6 chip at its plant in Austin, Texas. The report said that Apple will become Samsung’s biggest overseas client this year, having bought more than $8 billion in components from the Korean company.
And what about a release date? Well, Apple switched its release schedule for phones to its autumn event for the iPhone 4S, but speculation swirls around a summer release date for the next handset.
But if you’re trying to decide whether you want to upgrade your iPhone, I’d stick to weighing your existing options (3GS, 4 or 4S) rather than comparing your handset to the vaporware that is the iPhone 5.
After all, it’s very early in the season for Apple rumors.
All about iPhones:
- Apple iPhone 4S' Siri says the darnedest things
- Are iOS 5 and iPhone 4S already outdated?
- iPhone 5 rumors start up again
- IOS 5 bricked two of Steve Wozniak’s Iphones
- iOS 5 vs. the Galaxy Nexus and Android 4.0
- Motorola Droid RAZR vs Apple iPhone 4S
- TeliaSonera exec questions Apple’s supremacy
- iPhone 5 Customize Siri to Post to Facebook, Twitt...
- iPhone 5 Release Date: Despite Record Sales
- iCloud and the iPhone 4S in the enterprise
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