Saturday, July 23, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Verizon Closer To Yahoo Deal
Lite-On Expands Its SSD Storage Manufacturing
Samsung Sues Huawei
Facebook's Aquila Maiden Flight Is A Reality
ASML Makes Progress on EUV
Google Keeps The Lead Pack In Federal Lobbying Expenditures
NVIDIA Titan X Video Card Coming in August For $1200
Shuttle Launches New Fanless Intel Skylake U Platform Media Players
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Smartwatch Shipments Fall Significantly In the Second Quarter
Samsung Galaxy Outsells Apple's iPhone
iOS 10 To Allow Consumers Donate Their Organs
Apple Sued in China Over Alleged Propaganda
Apple, Spotify In Music Streaming Duel
Apple in Talks to Buy Tidal: Report
Samsung To Become An Apple OLED supplier
Chinese Authorities Say iPhones Violated Rival's Patent
Apple Previews iOS 10, macOS Sierra Update, watchOS 3, New Siri Capabilities And tvOS
Apple To Announce Software Enhancements In Developers Conference
Apple App Store To Start Showing Ads
Apple Services Back Online After Outage

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .