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Tag - First quarter
Analyst Steven Milunovich of UBS has cited market research from Consumer Intelligence Research Partners (CIRP) in a note to investors that contains both good and bad news: he believes Apple will beat last year's record of iPhone sales in the December quarter (Apple's fiscal first quarter) by a slim margin, but also says that Apple probably sold less of its highest-end iPhone models than it did a year prior. As a result, the average selling price (ASP) of an iPhone may have dropped by as much as 3.5 percent.
Apple has announced that it will release the results of its fiscal first quarter of 2015 on Tuesday, January 27. An earnings call is scheduled for 2PM PT that day, or 5PM Eastern, but the company typically issues a press release about 30 minutes beforehand. Barring unexpected developments, the call should include commentary by CEO Tim Cook and CFO Luca Maestri as they respond to questions from analysts and investors, and is expected by most pundits to result in a record quarter for the company.
Microsoft beat analyst expectations for the first quarter of 2015 today, posting $23.20 billion in revenue with a diluted earnings per share (EPS) of $0.54. Analysts expected the company to post EPS of $0.50 on $22.02 billion in revenue. Strong sales in consumer hardware and a 10 percent growth in the commercial sector were responsible for the boost in revenue.
After a less-than-optimal performance at the end of the 2014 fiscal year, Nintendo is looking at a rough start to the beginning of its new fiscal year. The game console manufacturer reported that it posted an operating income loss of more than $92 million (9.47 billion yen) during its first quarter of the 2015 fiscal year. Weak console sales and fixed expenses are largely to blame for the loss.
Research firm IDC reports that worldwide PC shipments grew at 15 percent in the second quarter of 2008. The quarter also saw Apple roughly tie Acer in the US market, assuming fourth place and missing third place by only a few thousand units. Demand in the United States suffered from the ongoing economic pressure, with rowth in the low single-digits. Dell continued its recovery with another quarter of double-digit growth, while HP saw year on year growth rise from the first quarter. Portable adoption continues to be a key driver, even though consumer share is generally at its lowest during the second quarter.
Dell has reported fiscal first quarter revenue of $16 billion, a 9 percent year-over-year increase. While net earnings of $0.38 cents per share represent a 12 percent increase, operating income was down 4 percent compared to the year-ago quarter. In a statement, Dell officials said that the results were driven by "better-than-industry growth of commercial and consumer products and services, and lower operating expense as a percent of revenue." Specifically, notebook sales skyrocketed 43 percent, a rate Dell says is 1.2 times the industry average. The consumer segment was also especially strong, with Dell claiming to grow global share of this market by 1.2 points to 8.8 percent during the quarter.
Google today posted its first quarter profits, thoroughly outpacing Wall Street analyst estimates, which were based on the effects a slowing economy would have on sales and earnings. According to CNN Money, the news follows a weak fourth quarter last year, with earnings coming in under analyst estimates. The report shows Google's income rising 30 percent to $1.31 billion – $4.12 a share – with $1.54 billion before one-time charges.
Apple has squeezed its way onto the top ten list of worldwide wireless phone suppliers, according to a recent report published by Gartner Consulting. The Inquirer didn't mention at which spot Apple sits, but noted that accompanying Apple into the top ten were China's ZTE, and Waterloo, Ontario-based RIM. The author for The Enquirer questions whether Apple can maintain its position as the first quarter of the year is underway.
Apple recently made available its first quarter financial data for 2008, which displayed record earnings for the company. Senior VP and CFO Peter Oppenheimer guided analysts and industry insiders through the quarterly figures, citing record Mac sales, with strong software and iPod sales backing the numbers. A strong install-base of Mac OS X 10.5 Leopard has also helped the company's quarter, with estimates being placed at a 19-percent install base on Macs. Apple's cash generation has doubled that of its net income, and has over $18 billion of financial reserves.
Apple's iPod sales were relatively flat year-over-year, showing 5 percent unit shipment growth but significant 17 percent revenue growth in the fiscal first quarter. 22,121,000 iPods representing $3,997,000,000 were sold in the quarter, compared to 21,066,000 units representing $3,427,000,000 in the year-ago-quarter. The higher revenue is likely due to a richer product mix caused by the sale of more iPod nanos and iPod Touch units and less iPod Shuffles. Other music related services generated $808 million in revenue vs. $601 million in the year-ago quarter. Meanwhile, 2,315,000 iPhones were sold in the quarter, representing $241 million in revenue -- a 107 percent sequential increase in units compared to the the fiscal fourth quarter of 2007.
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Invisible wall mount for iPad Pro, mini
Computing hardware mounting company Wall-Smart has announced the availability the new "invisible" wall mount, with models for the iPad Pro, iPad Air 2 and iPad mini 4 -- all with no bezel. The invisible mount includes ÂPower Over Ethernet to USB, which allows charging while in-wall, and is available for both drywall and solid surfaces such as solid wood panels or partition walls. Prices vary widely by iPad model, and required mounting hardware. http://bit.ly/1SE5jCO