Apple’s world-record Q1 reflects growing iPhone reliance

first_img UK consumers seek £1.5B from Apple Home Apple’s world-record Q1 reflects growing iPhone reliance AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 28 JAN 2015 Apple reported the largest net profit ever for a public company in the three months to December, powered by 74.5 million iPhone sales.Strikingly, the contribution of the iPhone to Apple’s total revenue leapt to 69 per cent in Q1 2015 from 56 per cent a year earlier.However, the quarterly numbers also told another story – the waning influence of the iPad whose share of total revenue fell to 12 per cent from 20 per cent. Unit sales have dropped to 21.4 million from 26 million a year earlier.The US giant delivered net profit of $18 billion in the three months to 27 December, while quarterly revenue hit $74.6 billion.This compares with net profit of $13.1 billion and revenue of $57.6 billion in the year-ago period.China flexed its muscles but, contrary to predictions, failed to overtake the US as Apple’s largest market for the iPhone, expressed in unit sales.Revenue from China grew by 68 per cent to $16 billion, which is still barely half that of the Americas with $30 billion, a figure which grew just 14 per cent.Apple has now accrued a cash pile of $178 billion, which would be sufficient to purchase IBM such is its size.On the iPad, Apple CEO Tim Cook (pictured) remained “very optimistic and bullish” in the long run, according to comments on the analyst call, pointing to first-time buyer rates.In markets including the US, UK and Japan, 50 per cent of iPad buyers are first timers, pointing to a sustainable market for the tablet, he said. Cook also argued the upgrade cycle for an iPad is longer than for an iPhone.On November 22 2014, Apple shipped its one billionth iOS device, which Cook described as “an almost unfathomable milestone”.He said results would have been even stronger, if not for foreign currency fluctuations.Looking forward, Apple’s CEO said development of the Apple Watch was “right on schedule” and the company expects to begin shipments in April (the company originally talked about early 2015 launch).He said developers are working on apps, notifications and information summaries called Glances, that are designed specifically for the Watch’s user interface.Cook was also asked about Apple Pay and how the NFC-based payment service might evolve (it only launched at the end of 2014). He answered that the service, which is only available in the US, was still in its “first innings” and commented there is “a ton of things on our roadmap for adding functionality to it”. Apps Tags Related Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including… Read more center_img Richard Handford Google taps retail with NYC store Author Previous ArticleSingTel teams up with Ericsson on 5GNext ArticleNokia wins Airtel 4G contract, works with SKT to cut LTE-A interference KT makes LG Electronics trade-in move AppleFinanciallast_img read more

9 months after Barca confirms Petrus’ signing

first_imgShareTweetShareShareEmail Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. Related Items:Thiagus Petrus Thiagus Petrus to stay at Barca until 2023 Recommended for youcenter_img ShareTweetShareShareEmail CommentsNine months after wrote about it, FC Barcelona Lassa confirmed transfer of Brazilian defensive specialist – Thiagus Petrus.Now, former Pick Szeged member joined Spanish team. He signed three-years contract until 2022.BRAZILIAN AT BLAUGRANA: Thiagus Petrus to join FC Barcelona Lassa? Click to comment WORLD HANDBALL DEFENSIVE PLAYER 2020?last_img read more

VIDEO: LeBron James Brings His 3 Kids to Podium for Championship Post-Game; Watch Full Press Conference

first_imgLeBron James brought his three children up to the podium with him and spoke with reporters following his team’s 93-89 win in Game 7 of the NBA Finals, giving the Cavs their first championship in franchise history.LeBron talked about what it meant for him, the fans, the city of Cleveland, and his teammates.Watch the full press conference below: Matt Medley Matt Medley is co-editor at NEO Sports Insiders, covers the Cleveland Cavaliers, Cleveland Indians and high school sports in Northeast Ohio.Follow @MedleyHoops on Twitter for live updates from games.center_img Related TopicsLebron Jameslast_img read more

Club have ‘already initiated’ contacts to sign Arsenal defender, ‘difficult’ for…

first_imgAC Milan had a ‘fluctuating’ season when it came to defending, claims Tuttosport. The Italian newspaper explains the Rossoneri have identified Shkodran Mustafi of Arsenal and Atalanta’s Timothy Castagne as summer targets to strengthen their defence.It’s claimed the Serie A side have ‘already initiated’ contacts with the Germany international and the fullback as the duo are considered good signings.Earlier this season, Ivan Gazidis left the Gunners and joined Milan as their chief executive and he knows Mustafi well, having signed him from Valencia in 2016.Mustafi spent two seasons at Sampdoria between 2012 and 2014 and Gennaro Gattuso’s side are of the belief his experience in Italy would be an ‘important aspect’ if he decides to join them.Embed from Getty ImagesThe 27-year-old has endured a difficult campaign under the guidance of Unai Emery and some fans have turned on him.Tuttosport explains it’s ‘difficult’ for the Premier League side to consider Mustafi’s sale after investing heavily in his signing three years ago. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksTrending TodayForge of Empires – Free Online GameChallenge Your Brain With This Must-Play Strategy Game. No Install.Forge of Empires – Free Online GameUndoPremier Diamond BoutiqueHong Kong’s first lab-grown diamond empirePremier Diamond BoutiqueUndoRaid: Shadow Legends | Free DownloadEven Non-Gamers Are Obsessed With This RPG Game (It’s Worth Installing!)Raid: Shadow Legends | Free DownloadUndoDating.comThe Most Handsome Men In Hong Kong On This Dating SiteDating.comUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.comUndoKeto减肥1個簡單的妙招一夜「融化」腹部贅肉(今晚試試)Keto减肥Undo熱門話題小心會長過頭…網友推爆:「真的長得超誇張!」熱門話題UndoSingles50Hong Kong: A 40+ Dating Site That Actually Works!Singles50UndoInstant Voice Translator43 Languages Instant Voice Translator Flying Off Shelves in Hong KongInstant Voice TranslatorUndolast_img read more