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In last year’s third calendar quarter earnings call (October 20, 2009) Tim Cook was asked: “So when you go from exclusive to multiple, you don’t change the charge to the carrier?” Cook answered: “Correct.” In this year’s…
Apple’s “Back to the Mac” was a clever play on words. Everyone expected it to mean that the event was going to focus back on new Mac products. As we had been so steeped in iDevice news the Mac was feeling neglected. It…
The iPad was announced to a loud chorus of disapproval and disdain. It’s easy to forget the overwhelming scorn and insult poured on the product for months before and after sales start. Analyst forecasts were comical. At…
This chart speaks for itself. Note the bottom two bands and the proportion of the total that they make up. Also note the seasonality with the holiday spikes. This last quarter is not a holiday quarter. Now imagine what…
Apple sales are growing faster than its operating expenses. Although all eyes are on gross margin, the company continues to run a tight ship in fixed costs (costs which do not vary with the output). In terms of R&D,…
During the last quarter the company added $5.2 billion to its cash, long- and short-term marketable securities accounts for a total of $51 billion. This amounts to about $53 per share vs. $49.43 per share in July (making…
Following earnings growth of 68%, after hours trading of AAPL at $300/share shows a P/E of 19.8. The company added over $5 billion in cash for a total of $51 billion or $52.9/share. Excluding cash from the price of $300…
One of the most hotly debated subjects in the mobile phone business is the importance of market share. It’s also a topic of lore in the PC industry. Briefly the two arguments are: The old disruptor’s adage: “Be hungry…
Sony Ericsson is to stop making smartphones featuring Nokia’s Symbian operating system. The move means that the troubled Finnish mobile maker is likely to be the only significant user of Symbian. Analysts said Sony…
“Our third consecutive quarter of profitable results illustrates that Sony Ericsson’s overall performance is stabilizing. Our strategy to focus on the smartphone segment is succeeding and smartphones now comprise more…