Events | The Apple Daily - Part 3

Events

Apple Reports Fourth Quarter Results

Yesterday Apple announced financial results for its 2011 fourth quarter which ended on September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.

Apple’s CEO Tim Cook said,

“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion.Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”

Apple’s CFO Peter Oppenheimer said,
“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter.Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”

Source: Apple.com

October 16th Declared As Steve Jobs Day

Governor of California, Jerry Brown announced on Friday, that Sunday, October 16th will be known as “Steve Jobs Day” statewide. This will overlap with the private memorial of Steve Jobs  planned at Standford University for on  Sunday. The Governor tweeted this in the wee hours of Friday, after the announcement that some of Silicon Valley’s renowned people were invited for the memorial service at Stanford.

The new gathering at Stanford follows the private funeral for Jobs held on October 7th and it comes before the Apple employee memorial which will be held on October 19th. According to the Wall Street Journal the invitations which were sent out to guests asked them to RSVP with the Emerson Collective, which is a philanthropy established by Jobs’ widow, Laurene Powell Jobs. The event is by invitation only, according to sources close to the event.

Steve Jobs died on October 5th from after fighting a long battle with pancreatic cancer.

Apple now World’s No.1 Smartphone Company

A market analysis firm “IDC” recently published its reports about  mobile market share among various companies.

According to their reports, Apple is now the World leader in providing smartphones gaining a market share of about 19.1%.

It beat the previous smartphone leader – Samsung which now has a 16.2% market share. But with the recent popularity and success of its Galaxy SII handset, it might just make it a close fight in coming 2 months.

Apple posted a 141.7-percent growth in smartphone sales as compared to last year.

These numbers are sure to increase even more for Apple with Apple iPhone 5 launch  less than 2 months away.

An overview of the report can be seen below :

 

Apple's Next Event 9th Sept

Apple recently sent out invites to its next Special Event which is going to be held this September the 9th. The invitation picture above resembles the iPods Interface with a tag line Let’s Rock.

The event will take place at Yerba Buena Center in Sans Francisco at 10am Pacific.

The design of the Invitation hints strongly at Apple releasing its rumored iPod Nano 4th Generation along with price drops for iPod Touch.