Money

Apple Overtakes Nokia to Become Highest-Grossing Mobile Phone Vendor

Cody Lee ∙ April 21, 2011

Apple and Nokia have gone head to head in a couple of arenas. First it was the mobile phone market and then it was the court room. Although Nokia has typically faired better than the Cupertino company due to their extensive Global reach, Apple has been right on their heels.

At least they were on their hills, until yesterday. Everybody is talking about Apple's impressive 25 billion dollar quarter, heck they sold close to 20 million iPhones in just 3 months. But how much of their posted revenue is directly from mobile phones, and how does it compare to Nokia's earnings?

Verizon Has Sold 2.2 Million iPhones in Two Months

Alex Heath ∙ April 21, 2011

Following the heels of AT&T's and Apple's Q1 earnings call, Verizon has announced a rather impressive earnings report for Q1 of 2011. The Verizon iPhone has been available to consumers since February, and the industry was been waiting with eager anticipation for Verizon's official word on its iPhone sales.

Yesterday, AT&T announced 3.6 million iPhone activations on its network for Q1, and Verizon has announced a staggering 2.2 million iPhone activations since February. That means that Verizon is selling 1 million+ iPhones per month.

Apple Reports Impressive First Quarter Results

Cody Lee ∙ Updated May 26, 2017

Stock holders, analysts, and media members alike joined in to listen to Tim Cook and other Apple executives read off Apple's Q1 earning results this afternoon. Although the numbers were released earlier today, the conference call included a Q&A session with some of Apple's execs.

The bottom line was obviously that Apple's Q1 earning results were staggering. They posted nearly $25 billion dollars in revenue and shipped over 18 million iPhones worldwide. What else did Apple disclose on the conference call?

AT&T’s Q1 iPhone Sales Up 33%, Unaffected by Verizon iPhone

Alex Heath ∙ April 20, 2011

AT&T posted its first-quarter earnings this morning, and the U.S. carrier saw a 33% increase in iPhone activations during the first quarter of 2011. A grand total of 3.6 million iPhones were activated on AT&T, helping to give the carrier a 10.2% overall increase in wireless revenue.

Since the iPhone was made available on Verizon, a drop in iPhone sales on AT&T has been expected. Instead, AT&T announced that this past quarter was its best first-quarter earnings ever. Looks like the Verizon iPhone isn't really enticing customers away from AT&T...

Apple Teams Up With Square to Sell Mobile Credit Card Reader

Alex Heath ∙ Updated May 11, 2018

The mobile payment industry has been rapidly developing. Companies like Square are starting to offer transaction services for payments through smartphones like the iPhone.

Square allows you to receive credit card transactions on the iPhone through their app and plug-in reader device. Apple is now selling Square readers in its online and retail stores. An interesting move, considering the iPhone 5 could have built-in NFC technology...

GeoHot Gives Left Over Donations to EFF

Cody Lee ∙ April 18, 2011

If you missed out on the Sony vs. GeoHot saga, let me quickly fill you in. GeoHot (real name George Hotz) was one of the first people to jailbreak the iPhone years ago. He's been in and out of the jailbreak scene since then, but had recently turned his attention to Sony's PS3.

After hacking the console, GeoHot released the code to the internet. Sony caught wind of this and took the infamous computer wiz to court. Hotz hopped online and asked for donations to help him in litigation, and received overwhelming support. He told supporters that he had received more than enough help to survive the first round of legal fees...

iOS Moves Ahead of Android in Advertising, Still on Top for App Revenue

Cody Lee ∙ Updated July 6, 2017

Men lie, women lie, numbers don't. According to a recent report from Millenial Media, iOS is the hottest platform right now for developers and advertisers. The Application Platform Mix is part of Millenial Media's monthly Mobile Mix report.

The release is full of statistics on market share and advertising impressions by mobile device platform. While Android seems to sustain a lead in the smartphone market by sheer volume, iOS is still considered the most profitable platform...

iPad 2 Demand Up 40% From Its Predecessor

Cody Lee ∙ April 13, 2011

RBC Capital Markets' Mike Abramsky issued a new report today sharing his expectations for Apple's quarterly earnings report next week. The analyst is predicting that the Cupertino company will handily beat market expectations.

Abramsky's looking for Apple to post a revenue of $24 billion and an earnings per share of $5.75 for last quarter. The boost in revenue is said to be a product of strong iPhone 4 and iPad sales.The note also included results from an interesting survey of over 2000 consumers.

Of those polled, 28% said that they were "very likely" or "somewhat likely" to purchase the latest version of Apple's tablet. That's 40% higher than their previous polling in May of 2010, where respondents were questioned in a similar fashion about the original iPad.

The research also revealed a survey of potential iPad 2 purchasers before it launched. The poll showed that out of customers who were planning to purchase a 3G model, 46% wanted Verizon service.

Abramsky's report should not only please investors but help eradicate rumors of a 2011 iPad 3 launch. Apple is making too much money on its current iPad 2 model to even think of shipping an update this year.

What do you think?

[MacRumors]

iPhone Manufacturer Considering Brazil Move

Cody Lee ∙ April 13, 2011

If you have been coming to the blog for a while, you definitely recognize the name Foxconn. The infamous manufacturer of popular Apple products has certainly had its share of bad publicity.

For those that don't recall, Foxconn has made the headlines multiple times over the last couple of years due to its poor working conditions. This time they aren't garnering attention for worker suicides, they're in the spotlight because they're looking to make a very public move to Brazil...

iOS Expected to Trail 30% Behind Android by Next Year

Cody Lee ∙ Updated November 13, 2019

We reported a few days ago on IDC's claims that Windows Mobile OS market share would one day overtake iOS. Now Gartner, a world leader in information technology research, is making similar predictions. But they've got Google's Android OS on top by a long shot.

The numbers are quite staggering. The firm predicts that in 2011, smartphone sales will reach 468 million units worldwide. That would be about a 50% increase from the 300 million units that analysts believe shipped last year. Why is Gartner predicting Apple's smartphone will only snag 19% of that market?

One Man Turned Jailbreaking iPhones into a Full-Time Job

Cody Lee ∙ Updated January 24, 2016

For most of us, we jailbreak because we want to. We do it to get customized apps, tweaks, or to give our iDevices a complete makeover. Even though the process has become extremely simple, we still feel a sense of accomplishment after our device reboots and that Cydia icon is glowing off of the screen.

I've jailbroken friends devices for them, and showed them how to use Cydia to download things. While software like PwnageTool and RedSn0w do most of the iPhone hacking for you, it still isn't recommended for the not-so-tech savvy. One Virginian college student has capitalized on that fact by turning jailbreaking into his full time job...

Analysts Claim iPhone is Thriving, Verizon iPhone Most Acquired Handset in the Month of February

Cody Lee ∙ April 4, 2011

Although they are still far behind other companies like Nokia and Samsung in total mobile market share, Apple is making a name for itself in the smartphone industry. Because of its popularity, Apple's products and sales garner a lot of speculation from marketing research firms. These companies do tons of research and conduct poles to analyze a company's performance.

This data is useful for a number of reasons, such as, guiding investors who are looking to make large stock purchases. Popular tech intelligence company comScore has done some number crunching that should give anyone contemplating Apple stock the green light.

Not only did Apple gain more mobile phone market share in the last 6 months than any other company, their Verizon branded iPhone was the most acquired handset in the month of February....