Geekzone: technology news, blogs, forums
Guest
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:

Smoke billows from Auckland mall after "explosion" - Westfield West City
Created by freitasm, last reply by hio77 on 27-Feb-2015 19:33 (41 replies)
Pages... 2 3


Galaxy s6 announcement and owners thread
Created by Shoes2468, last reply by teamyoyo on 2-Mar-2015 23:41 (70 replies)
Pages... 3 4 5


Why does Lightbox have a suicide wish?
Created by dafman, last reply by KiwiNZ on 2-Mar-2015 21:37 (92 replies)
Pages... 5 6 7


Privacy concerns on returning faulty microSDXC
Created by dpw, last reply by networkn on 2-Mar-2015 15:39 (29 replies)
Pages... 2


Car Finance Help
Created by sep11guy, last reply by teamyoyo on 2-Mar-2015 23:36 (22 replies)
Pages... 2


HTC One M9 (2015) Announcement and Discussion
Created by Dingbatt, last reply by markl on 2-Mar-2015 23:13 (45 replies)
Pages... 2 3


So is it really worth the change to fibre
Created by Presso, last reply by lNomNoml on 2-Mar-2015 23:25 (19 replies)
Pages... 2


Cordless VoIP handset
Created by Glassboy, last reply by Glassboy on 2-Mar-2015 22:12 (19 replies)
Pages... 2