How bad are things for fourth-place U.S. carrier T-Mobile? Apparently, so bad that they issue a press release to announce fourth-quarter operating results which mentions being “negatively impacted” by the release of the iPhone 4S on three other carriers, right in the first sentence.
We’re all familiar with the expression “what goes up, must come down” -- but apparently that means nothing to the folks at Apple Inc., who continue to soar ever-higher with their quarterly financial results. Tuesday was no exception, with first quarter revenue of $46.33 billion and net profit of $13.06 billion. Is there any end in sight for this runaway money-making freight train?
Remember the good old days when we’d all speculate about how the then-mythical Verizon iPhone would pretty much bury poor old AT&T? That hasn’t come to pass six months after Big Red got their hands on Apple’s iconic handset, and they’re selling less units than their once-doomed rival as well.
You’ve probably heard by now that Apple Inc. had another boffo quarter, with plenty of facts and figures to prove it -- not to mention record revenue of $28.57 billion. But one of the most interesting numbers shows how the iPad has overtaken the Mac in less than a year and a half.
AT&T already announced their quarterly results earlier this week, throwing cold water on theories that the loss of their iPhone exclusivity would hurt them. Now rival carrier Verizon has divulged their own numbers for the same period, with their CDMA-based iPhone making up about a third of Apple’s U.S. handset sales for the quarter.
Despite the announcement yesterday that CEO Steve Jobs will be out on medical leave for an undisclosed amount of time, Wall Street should have little to whine about Tuesday as Apple’s fiscal 2011 first quarter results have been announced, with another record-breaking quarter -- revenue is up 71 percent, while earnings have grown 78 percent.
Looks like it’s that time again -- Apple has announced that their 2011 first quarter financial results will be revealed in a conference call on Tuesday, January 18 at 2pm PST (5pm EST). Spoiler alert: Another boffo quarter is anticipated.
If you've been wondering about how long it might be until Apple has enough money before they can afford to buy and sell us all, you might want to circle January 18th on your calendar, as Apple has announced that they'll be holding their Q1 2011 Financials conference call. Broadcast in real time across the interwebz to all interested parties, Apple's quarterly financial updates are the best way to find out how our favorite company's is making out. Our prediction: They're still stinking rich.
Despite the fact that Microsoft just finished enjoying the highest sales numbers ever seen by the company in a single fiscal year, the Redmond, Washington software giant is none too pleased with Steve Ballmer. According to securities regulators, the outspoken CEO was paid a cash bonus of $670,000--half the amount he could have earned were he not to have fumbled the roll out of their Kin line of mobile phones and responded in a timely manner to the threat of Apple's iPad.