Money

The iPhone is much more profitable for Apple than the iPad

Apple's profit margins on its products are something of legend. Thanks to its massive supply chain influence and crack operations team, the company enjoys some of the best margins in the business.

This afternoon, some court documents surfaced from the ongoing Samsung-Apple trial showing that those margins are much better on the iPhone than they are on the iPad. In fact, they're almost double...

Apple blames the rumor mill for iPhone sales miss

Despite the fact that iPhone sales were up year-over-year last quarter, the numbers failed to impress Wall Street. Apple missed analysts' projections by about 3 million handsets.

The company's Chief Financial Officer Peter Oppenheimer cited a number of reasons for the miss on today's earnings call. Among them, was persistent next-gen iPhone rumors...

Despite growing sales, Apple says TV is still a “hobby”

Earlier this afternoon, Apple hosted a conference call to discuss its performance over the past three months. You can replay the call here, or you can check out our roundup of the most interesting points.

Among those points, was the fact that Apple sold an impressive 1.3 million Apple TVs last quarter. That's up more than 170% year-over-year, and pushes current-year Apple TV sales to over 4 million...

15 interesting points from today’s earnings call

Apple just announced its financial results for Q3 2012, and is now finishing up its earnings call. As promised, we've collected a list of some of the more interesting bits from the call to pass on to you.

Among the list, is the fact that Apple added $7 billion to its growing cash pile last quarter, bringing its cash total to more than $117 billion. Also, there are now 410 million iOS devices in the wild...

Google has outspent Apple nearly 10 to 1 on lobbying this year

Wikipedia defines lobbying as the act of attempting to influence decisions made by government officials. A lot of companies do it to persuade members of regulatory agencies to act in their benefit.

You can actually tell a lot about a company by how much they spend on lobbying and what they lobby for. That's what makes the recently released congressional lobbying disclosure reports so interesting...

The Wall Street Journal takes a look at Apple’s cash flow

Apple's unprecedented success over the past 10 years goes far beyond its ability to churn out hit products. It also has a knack for supply chain deals and is extremely efficient with its cash, and how it manages its balance sheet.

The Wall Street Journal takes a look at this in a new report entitled "Heard on the Street." The piece explains, among other things, how Apple has streamlined its business to get paid for products faster than it makes them...

Opera says iOS is still top platform for mobile advertising

Opera (yes, the browser people) published its first ever State of Mobile Advertising report this week, a study regarding the effectiveness of advertising on different mobile platforms.

As you might have expected, Apple's iOS came out on top. Despite Android's lead in overall marketshare, users seem to browse the web and click on ads more on Apple's mobile OS...

Apple buys land for new campus in Austin, Texas

In addition to its upcoming spectacular ring-shaped building in Cupertino called Campus 2, Apple is also moving forward with plans to build another campus in Austin, Texas. The Austin Business Journal reports (via The Next Web) that Apple recently purchased three tracts of  land in the Milwood Section 20 subdivision near Parmer Lane and Delcour Drive, where its campus is thought to be built...

Apple expected to announce record Q3 iPad sales

As we move closer to Apple's Q3 2012 earnings call, predictions from analysts and pundits regarding the company's performance over the three month period are starting to ramp up.

The latest round of predictions suggest that Apple had an extremely strong June quarter, bringing in more than $40 billion in revenue, and selling a record 21 million iPads...

This guy cost Apple $96 billion this week

Have you noticed the 'broken record syndrome' over at Business Insider? The publication's been running an article series under their trademark sensationalist headlines that spell doom for Apple's stock price.

Down Goes Apple, said the headline Tuesday. Down Goes Apple Again, another one screamed Wednesday. And There Goes Apple Again!, yesterday's headline has it. And you gotta love their latest story titled Apple Is Now Straight-Up Tanking!

So, what's going on here? Is AAPL on a downward spiral? And what's up with the $2,000 per share Apple meme?

FTC to fine Google millions of dollars over Safari breach

Last month, the Federal Trade Commission was said to be investigating claims that Google was illegally bypassing privacy settings in Safari. The Mountain View company was caught using a loophole in the browser to allow it to track users' online activities without their consent.

If confirmed, the FTC was expected to slap Google with a hefty fine. And it certainly looks like that will hold true, as Bloomberg is out with a new report claiming that the Trade Commission is about to slap the company with reparations worth millions of dollars...

iOS boss cashes in shares, pockets $38.7 million

Scott Forstall, who heads the team behind the software that powers iOS devices, by far Apple’s most profitable division, has recently sold 64,151 shares worth roughly $38.7 million, a new filing with the U.S. Securities and Exchange (SEC) commission has revealed.

Cook, identified as Apple's CEO-in-waiting in Adam Lashinsky's Inside Apple book, still holds nearly $2 million worth of shares plus retention bonuses worth over a quarter billion dollars provided he stays with Apple and the company does emerge as the world’s first trillion dollar corporation...