Sales

Apple winding down production ahead of a sixth-generation iPhone refresh, says analyst

According to one analyst, Apple has begun reducing iPhone orders, another indication that a sixth-generation model is looming on the horizon.

Based on checks with suppliers, Sterne Agee’s Shaw Wu wrote in a note to clients on Tuesday that Apple has drawn build plans for the current-gen iPhone models by up to 25 percent compared to the 35.1 million iPhones sold during the first quarter of this year.

As a result, Apple may ship no more than 28 million iPhones during the June quarter...

Angry Birds zooms past one billion downloads

For Finnish developer Rovio, there's no slowing down, their Angry Birds franchise just keeps chugging along.

According to the latest official data released this morning, the Angry Birds games have just passed a whopping one billion cumulative downloads across all platforms.

The number includes both free and paid downloads and is an astounding milestone for the popular franchise that debuted on the App Store in December of 2009...

Both Target and RadioShack knocking $50 off iPhone 4/4S

Those looking to purchase an iPhone in the near future might want to make it a point to check out the prices at their local Target. 9to5Mac is reporting that the retailer is knocking $50 off both 4 and 4S models for all carriers.

This brings the iPhone 4S down to $150 — in line with discounts being offered by regional carriers, and the iPhone 4 down to just $50. And apparently, Target's not the only chain dropping the prices on the popular handsets...

Refurbished iPads now available for as low as $279 on Apple.com

While purchasing a new iPad (third-generation) will still cost you a minimum $499, Apple is doing everything it can to make its tablets more affordable.

Earlier this year it announced that it would be lowering the price of the iPad 2 to $399, and now it's slashing the prices of its factory refurbished models...

Angry Birds clocks 648M downloads in 2011, has 200M active monthly users

Developer Rovio has had enormous success with Angry Birds. The series debuted on the iPhone back in December 2009 and has since remained one of the most sold games in the App Store.

From today's earnings release for the full calendar year of 2011, the Espoo, Finland-headquartered company hit an astounding 648 million Angry Birds downloads by the end of 2011.

Total number of active monthly users across all platforms reached 200 million, helping Rovio book a cool $106.3 million in revenue. The number of active users grew considerably from the 40 million people who were regularly playing Angry Birds games as of March 2011.

Most importantly, first-quarter earnings before tax stood at $67.6 million, or 64 percent of total revenue in 2011, making Rovio one of the most-profitable game developers out there...

Walmart denies dropping iPhone 4/4S prices dramatically

Among the third-party retailers that sell Apple's handset, Walmart typically has some of the lowest prices. In fact, it's been selling 16GB versions of the iPhone 4S for just $188 since last November. And it looks like it's about to get a lot cheaper.

Cult of Mac has learned that Walmart is dropping the price of Apple's latest smartphone (AT&T model) down to $114 with a 2-year agreement. It also appears that the retail chain is lowering the price of its 8GB iPhone 4 as well, down to $34.

Unfortunately, discounts were a glitch in the system, Walmart confirmed in an official statement...

Steve Jobs channels Franklin Delano Roosevelt in ‘1994’ sales video

From the depths of the Interwebs comes this little gem with young Steve Jobs playing Franklin Delano Roosevelt. The amusing and charming scene is actually part of a never-before-seen morale-boosting internal film entitled '1994', in a nod at the iconic television commercial that launched the Macintosh craze 28 years ago.

It depicts a World War II tale of good (Apple) vs. evil (IBM) and cost about $50,000 to make which, back in 1994, was a lot of money for a company video. Apple produced this footage to rally up troops at their international sales force meet up in Hawaii...

Rivals left with loose change as Apple, Samsung pwn mobile industry profits

Apple and Samsung have pwnd the entire cell phone market, which includes smartphones, feature phones and dumb phones, one analyst noted. Together, the two frenemies have managed to gulp literally all of the cell phone industry's profits during the first quarter of this year, leaving rival device makers with inadequate revenues to fund research and development and justify costs associated with carpet-bombing the market with numerous handsets...

Specifically, Apple accounted for a whopping 80 percent of all mobile industry profits while rival Samsung clung onto the remaining 20 percent. Together, Apple and Samsung accounted for more than an astounding three-quarters of the cell phone industry revenues...

Sprint activates 1.5M iPhones in Q1, but posts $863M net loss

Just as Apple posted its massive earnings, Sprint Nextel, the third largest wireless telecommunications network in the United States, behind Verizon Wireless and AT&T Mobility, published on Wednesday their first-quarter earnings ahead of the bell.

The carrier activated 1.5 million iPhones in the quarter and 44 percent were to new customers, amounting to 660,000 new iPhone subscribers. That wasn't enough to save the day as the carrier reported a substantial $863 million net loss and operating loss of $255 million.

They lost $0.29 per share on wireless service revenues of $7.2 billion, a seven percent increase year-over-year. The carrier added 263,000 net prepaid subscribers under the Sprint brand - each spending an average of $4.03 more than last year.

Without the iPhone, Sprint would have actually lost 400,000 customers. The carrier's ARPU was $59.88, a new record. The company added 1.1 million new subscribers during the quarter and it now commands 56 million subscribers in total...

Apple reports record second quarter results: 35M iPhones, 11.8M iPads

We've got just a few minutes here until Apple's quarterly earnings conference call starts, but the company has already released its sales numbers for the past three months. And as usual, they are record-breaking.

Apple posted $39.2 billion dollars in revenue for the quarter, netting close to $12 billion dollars in profit. This was led by sales of 35.1 million iPhones, and 11.8 million iPads. Keep reading for a full breakdown...

Best Buy sells almost as many iPhones as Apple’s retail stores

Back in 2008, Apple made the decision to allow Best Buy to carry and sell its beloved handset. And that choice is proving to be a fantastic one today as reports are coming in regarding the retailers' iPhone sales.

Citing a study from Consumer Intelligence Research Partners, AllThingsD reported this morning that Best Buy outlets have been selling almost as many iPhones as Apple itself...

Target knocking $25 off the iPhone 4S this month

Those who haven't picked up Apple's latest handset yet might be interested in this deal. 9to5Mac is reporting that some Target locations are taking $25 dollars off of multiple iPhone 4S models through the end of the month.

The site received a photo from a tipster showing the discount on an in-store advertisement at a store in Orlando, FL. And according to the ad, the deal applies to both 16GB and 32GB models, as well as all three carrier versions...