Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Hidden gold in Apple result
Posted on 28-Jan-2014 13:45 by Bill Bennett. | Tags Filed under: News.

Apple shares fell 5 percent immediately after it reported figures for the last quarter of 2013. Market analysts described the company’s earnings as “disappointing”.

On a brighter note unit numbers were noticeably higher than a year ago. The Wall Street Journal reports:

For its flagship products, Apple said it sold 51 million iPhones, an all-time quarterly record, versus 47.79 million units in the year ago period. iPad sales rose 14% to 26 million units. Sales of Mac computers climbed 17% to 4.8 million.

Apple result needs to be seen in the context of other device companies – most of which had a rougher than expected end to 2013. Samsung, possibly Apple’s closest rival, also reported lower profitability in the same quarter, while Nokia saw unit numbers fall significantly.

The company’s gross margin was a little lower at 37.9 percent compared with 38.6 a year ago.

Given few other technology companies make it into double digits, it’s a little early to start forecasting the company’s decline. And most of us would be quite comfortable with that level of “disappointing”.

[digitl 2014]

digitl on Google+

The post Hidden gold in Apple result appeared first on digitl.

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Vodafone always connected
Created by freitasm, last reply by 1eStar on 25-Oct-2016 23:18 (19 replies)
Pages... 2

Microsoft's anti-competitive AV stance?
Created by kiwifidget, last reply by TwoSeven on 25-Oct-2016 18:31 (14 replies)

Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by julianz on 25-Oct-2016 16:52 (1192 replies)
Pages... 78 79 80

Sony XZ Owners discussion
Created by networkn, last reply by dafman on 25-Oct-2016 16:02 (112 replies)
Pages... 6 7 8

Shifting ISP and domain name
Created by noob, last reply by noob on 25-Oct-2016 18:45 (13 replies)

Rise of the machines
Created by Rikkitic, last reply by richms on 25-Oct-2016 12:41 (40 replies)
Pages... 2 3

Gigabit cable now available
Created by sub, last reply by SteveC on 24-Oct-2016 22:51 (61 replies)
Pages... 3 4 5

RNZAF Boeing 757 breaks down when carrying PM. RNZAF must have an atrocious dispatch reliability figure.
Created by amiga500, last reply by Technofreak on 25-Oct-2016 22:31 (22 replies)
Pages... 2