It’s a sad day when a once-mighty company like Eastman Kodak Co. is reported to be filing bankruptcy in the next few weeks, but that’s exactly what appears to be going down this Wednesday. Of course, we’re all to blame, what with the convenience and quality of digital photography these days. Thankfully, there’s some brighter news to be found today as well, so without further ado let’s commence with a handful of tidbits for this Wednesday, January 4, 2012.
You made it through Wednesday and the weekend will be here soon enough, so give yourself a pat on the back! It was also a challenging day for some of Apple’s partners, with a Swedish carrier predicting gloom and doom for Cupertino over the lack of LTE in its handsets, and AT&T swinging back and forth with good news about iPhone 4S activations and less good news for the last quarter overall. Here’s what’s making news for Thursday, October 20, 2011.
There may not have been a new iPhone this past summer, but Apple continued to ride high in its fiscal fourth quarter anyway, reporting record sales of the Mac and iPad product lines as well as the company’s highest September quarter revenue and earnings ever -- but go figure, the analysts are looking at the glass as half empty anyway.
Let’s say you’re the chairman of a company who’s done quite well in the netbook business but just lost money for the first time ever. How would you convince your investors that your key product isn’t being damaged by the iPad? If you’re Acer, you just laugh and call it some kind of crazy new fad that will fade in time.
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.
AT&T may not have had the insane second quarter that partner Apple did, they’re still rockin’ the iPhone like a hurricane, with 3.6 million of the handsets activated over the last three months and nearly a quarter of those were new customers.
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.
With the second quarter of 2011 now just a memory, analysts are already looking ahead to the financial results anticipated by many tech companies. Among them are Verizon Wireless, who is predicted to show a drop in iPhone 4 sales ahead of the presumed September launch of the next model.
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.
On Wednesday, Apple announced their financial results for the quarter ending March 26 (technically their fiscal second quarter). There was little bad news to go around, especially with the company’s largest non-holiday quarterly revenue (and earnings) to date.