As promised, Apple has released its quarterly earnings report this afternoon. This is the company's third calendar quarter for 2012, and fourth fiscal quarter, and is the last one before the big holiday season.
For the period, Apple has reported $36 billion in revenue and $8.2 billion in net profit by selling 26.9 million iPhones, 14 million iPads, 4.9 million Macs, and 5.3 million iPods. More details after the break...
American smartphone owners are taking a bath on LTE and 3G pricing compared to European mobile consumers, a new study indicates. Verizon Wireless subscribers pay $7.50 per gigabyte on that carrier's LTE network versus an average of $2.50 in Europe, for example. Even more shocking: Sweden's LTE users pay as low as 63 cents.
According to the London-based GSM Association, despite the U.S. being the largest LTE market in the world, Americans pay much more for the superfast wireless technology than anyone else. The reason boils down to fewer choices...
For some time, Amazon CEO Jeff Bezos has been cagey when it comes to discussing hard numbers surrounding the Internet retailer's Kindle. But apparently, Bezos is a bit more open when not talking to U.S. reporters. Speaking to the BBC Thursday, Bezos said his company sell's "the hardware at cost, so it is break-even on the hardware."
The answer shouldn't be too much a of a surprise. As All Things Digital notes, selling items cheaply in hopes of consumers snapping up humungous numbers of your widgets is a rather common retail practice. Apple has successfully bucked this trend, hauling in huge profit margins for its devices...
Like its predecessor, the iPhone 5 starts at $650 here in the US. That's the full retail cost for the entry-level 16GB model, which is pretty expensive by most standards.
Luckily, many carriers will pay for $450 of that, knocking the price down to $199, if you're willing to sign a two year contract with them. How can they afford to do that?
Oh don't worry, they make their money back and then some...
While fans from around the world were out trying to score the new iPhone 5 yesterday, Apple was busy filing its motions for the final judgement in its high-profile patent trial with Samsung.
As most of you know, a jury found Samsung guilty of infringing on Apple's patents last month, ordering it to pay more than $1 billion in damages. But Apple doesn't think that's enough...
According to a new report today, Apple just laid out $3 million to purchase 200 acres of land in North Carolina near its Maiden data center for a second major solar farm.
As you may recall, Apple is nearing completion of its first 20-megawatt solar farm just across the street from its North Carolina campus, which is the largest of its kind...
Last week we saw a preliminary teardown of the 16GB iPhone 5 peg its bill of materials (BOM) at $168. This number is essentially the sum of the costs of all of the handset's parts.
Today, however, a second teardown has been released, claiming that the BOM for Apple's new entry-level handset is a bit more than that. It says that number is closer to $200...
Earlier today, AT&T announced that it set a sales record over the weekend with iPhone 5 pre-orders. Apple also had a record-breaking weekend, recording 2 million iPhone 5 pre-orders in just 24 hours.
Well apparently the early success of Apple's new handset has given investors a boost in confidence in the Cupertino company, as its stock crossed the $700 mark today in after-hours trading...
Looking for a ridiculously extravagant case to go with your newly-ordered iPhone 5? You might be interested in this new jewel-encrusted iPhone 5 cover from the Natural Sapphire Company.
Made up of white gold, rubies and thousands of sapphires, the case is one of the most lavish we've ever seen for Apple's handset. And, at $100,000, it's probably one of the most expensive...
As we expected, Apple introduced some new price points for its current iPhone lineup alongside the new iPhone 5. As we just reported, Apple's new handset starts at the usual $199.
This has effectively pushed all of the previous iPhone models down a peg on Apple's list of smartphone models. The 3GS is gone, and the iPhone 4 is now available for free...
Now that Apple's executive team has gone down the list of all of the iPhone 5's new features, it's time to get down to the important stuff. In wrapping up the iPhone presentation, Phil schiller announces pricing and availability.
For starters, the handset will come in the two usual flavors: white and black. And it will also come in the same three storage configurations: 16GB, 32GB and 64GB at the same $199, $299, and $399 respectively...
Apple is on a bit of a roll right now. With its new iPhone event just a few days away, and rumors of a smaller iPad still swirling about, the company's stock surged past $680 per share this morning for the first time ever.
And don't count on Apple slowing down anytime soon. With more than 10 new products expected by the end of the year, and more in the works, Fortune just named Apple number 8 on its list of fastest growing companies...