You’ve almost gotta feel bad for the tech companies who have to announce quarterly financial results in the wake of Apple’s gangbuster $46.33 billion fiscal first quarter. Case in point: Nokia, the onetime giant of the cell phone business, whose fortunes have gone the other way in the last quarter, with a $1.3 billion loss. Hang in there, Nokia… it’s almost Friday, and the weekend is sure to be kinder on you than the last three months. Meanwhile, let’s have a peek at what else is making news on this Thursday, January 26, 2012.
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?
It’s been something of a long week, especially for those trotting around in the Las Vegas desert for the 2012 International Consumer Electronics Show, which wraps up today. As we sit back and reflect on the week’s events, let’s take in a few more tidbits of news from the last 24 hours, including the troubled launch of the iPhone 4S in mainland China, kudos for Tiffen at CES, Apple’s supplier responsibility report and more for this fine Friday, January 13, 2012. Watch out for those ladders and black cats, folks!
Apple hasn’t introduced anything radically new since the original iPad almost two years ago, and even that was viewed by many at the time as simply a “bigger iPod touch.” While Cupertino continues to incrementally advance the Mac and its iOS platforms, the recent release of the iPhone 4S disappointed many who were looking for something totally new and exciting. Which got us thinking: What will Apple think of next?
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.
It has definitely been a week filled with shocks. No iPhone 5 was one thing, but it paled in comparison to losing the man who started it all, Steve Jobs. We look back this week with sadness, with fond memories, and with just a bit of Steve's last product.
Join us on Tuesday, October 4 at 10AM PST as we live blog Apple's very special iPhone event. Let's talk about the next iPhone with Tim Cook and friends, straight from Apple Town Hall. Stay turned, bookmark this page, and make sure to be right here to join us on the conversation. After all, we've been waiting for this for awhile.
Apple CEO Tim Cook brought senior vice president of iOS software Scott Forstall onto the “Let’s talk iPhone” keynote stage to chat about iOS 5 developer adoption, recap forthcoming iOS 5 features and unveil a new Cards app from Apple which revives the long-lost iCards feature from the .Mac days, this time for the iPhone.
Following updates on Apple’s retail store operations, CEO Tim Cook got down to business, sharing news on the company’s launch of OS X Lion and steep growth across every product category Cupertino has to offer.
Apple co-founder Steve Jobs passed the torch to newly appointed CEO Tim Cook back on August 24, and the new boss is wasting no time by kicking things off in grand style on the Cupertino campus with Tuesday’s “Let’s Talk iPhone” event.