Saturday, November 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > General Computing > Apple's...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 23, 2014
Apple's Revenue Boosted By China Growth


Apple reported a 6 percent rise in quarterly revenue on Tuesday, boosted by a strong performance in in greater China.

Apple sold 35.2 million iPhones in the June quarter, a rise of about 13 percent, helped by a strong performance in China.

Chief Executive Tim Cook told analysts on a conference call that Apple's Chinese performance was "honestly surprising." Unit iPhone sales jumped about 48 percent and Mac computer sales rose 39 percent in the June quarter, Chief Financial Officer Luca Maestri said in an interview.

Phones sold there by Xiaomi and other rivals appeared to be grabbing market share mainly from other companies that rely on Google's Android software, he added.

"We have a really good runway in front of us with China Mobile," Maestri said, referring to Apple's main carrier partner in the world's No. 2 economy. "Given our numbers in China, it would seem their success is coming from other Android devices."

Apple forecast revenue of $37 billion to $40 billion this quarter. But whether Apple can again produce a revolutionary new product, something it has not done since the iPad in 2010, remains the central question for investors.

Thwe company is expected to make a play for the wearable device market with a smart watch, dubbed iWatch.

Analysts also expect the company to introduce two iPhone versions this fall, including a 5.5-inch model that thrusts Apple into the market for larger-sized phones that rival Samsung helped popularize.



Previous
Next
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS        All News        European Regulators May Need Extra Concessions From Google
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS     General Computing News      European Regulators May Need Extra Concessions From Google

Get RSS feed Easy Print E-Mail this Message

Related News
Apple's Tim Cook Declares His Sexual Orientation
GT Advanced Technologies Reaches Settlement Agreement With Apple
Bonhams Sells Apple Computer For 905K USD
BofA Double-Charged Apple Pay Customers
Apple To Stop SSL 3.0 Support For Push Notifications
Strong iPhone, Mac And App Store Sales Drive Apple's Record September Quarter Revenue And Earnings
Apple iOS 8.1 Available For Download
Apple Introduces New iPad Air 2, iPad mini 3 And iMac with Retina 5K Display
New iPads Leaked Ahead Of Official Launch Event
New iPhones Arrive in 36 More Countries This Month
GT To Stop Production In Sapphire Plant, Accuses Apple Of 'Oppressive" Contract Terms
Apple and Google Each worth more than USD $100

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .