pple provided a healthy dose of relief to a technology industry battered by Wall Street's woes, reporting one of the best quarters in its history.
Apple reported a net profit of $1.14 billion on revenue of $7.9 billion, a 26 percent increase in profits, and a 27 percent boost in revenue compared to a year ago.
Apple chief executive Steve Jobs called the fiscal fourth quarter of 2008 one of the best in Apple's history, taking a shot at the BlackBerry in the process.
"Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone—we sold more phones than RIM," Jobs said in a statement. "We don't yet know how this economic downturn will affect Apple. But we're armed with the strongest product line in our history, the most talented employees and the best customers in our industry. And $25 billion of cash safely in the bank with zero debt."
Apple executives summed up the success: Apple shipped more Macs than in any quarter in its history, more iPods than any non-holiday quarter ever, and more iPhones in the quarter than its entire history combined.
Apple shipped 2.61 million Macs during the quarter, increasing unit sales by 21 percent and revenue by 17 percent compared to a year ago. Apple increased iPod sales by 8 percent to 11.1 million units, increasing revenue by 3 percent. And iPhone sales soared a massive 6.16 times compared to a year ago, to 6.89 million units.
According to its own estimates (and supported by NPD data) Apple sold about 800,000 or so more phones than the 6.1 million Research in Motion sold during the quarter, meaning that the iPhone outsold the BlackBerry. In terms of revenue, Apple is the third largest mobile-phone supplier, just 15 months after it entered the market.
Apple also characterized its results in a non-GAAP (Generally Accepted Accounting Principles) manner. According to GAAP rules, Apple considers its iPhones and Apple TVs under a subscription model, assigning a two-year lifespan to each device. If sales of both products were treated as immediate revenue, Apple would have reported $2.44 billion in profits and $11.7 billion in revenue, 115 percent and 48 percent higher, respectively, than the company did.
"If this isn't stunning I don't know what is, all due to the incredible success of the iPhone 3G," said Jobs, who made a surprise appearance during the conference call. Jobs usually hands off the conference-call duties to chief financial officer Peter Oppenheimer and others.
On Tuesday, Apple will report that the 200 millionth application will be downloaded from its iPhone Apps Store, 102 days after it began, Jobs added.
Even Apple's fourth-quarter results were optimistic, with revenue guidance of between of $9.0 billion to $10.0 billion, all significantly higher than Apple's third-quarter results.
According to Jobs, Apple has "the best customers in the world," in addition to superb employees. "If the economic downturn does affect them, they are more likely to delay [purchases] than switch" to another vendor, Jobs said, praising the typical Apple customer's loyalty.
Good fortune hangs up on Nokia — In its latest earnings release, Nokia said that sales were down by five percent and profit by 30 percent. Although management says that gross margins improved and that its outlook remained the same, there was a bigger problem: market share drop. The company’s share dropped to 38 percent from 40 percent in the second quarter and 39 percent the year before. Nokia’s reason may have been to trade off some volume for some additional gross margin, which lifted to 36.1 percent to 36.5 percent. When costs and revenues are watched to fractions of a penny per unit, that’s something to phone home about. [Source: MarketWatch]
"In the current global economic climate, we have concluded that the continuation of our investment in Japan-specific localized products is no longer sustainable," Nokia executive vice president Timo Ihamuotila said in a statemen
Just to tell you that they sold 14 million of these phones with high customer satisfaction
if you have a defective unit get it replaced.
If you are just moaning because you do not have one shut up !
hello every one . i bought the iphone 3g and used it for a bout a month now, well i had before almost every brand phones in the market and have the nokia e90 and e65 for the last 2years well now i cant even touch them when i start to use the iphone 3g, its something great in the histry of gsm i love it i am a fan and i will never use any other phone in my life just the iphone and the update in the futer. and for any one here who say any thing bad about it i say if u did not buy it and used it and also buy from the apple stor the games or the apps for it then say nothing please.
with regards .
I've had my iPhone since it came out and it has just been a catalogue of problems, I'll list the ones I can remember below. Constant call dropping, GPS barely works, maps works 50% of the time and usually uses 3G to work out where it is, try using it in a car, a reasonable idea, practically impossible. Applications, constantly quitting. Many web pages won't load, videos or music, mail won't allow hotmail except through a third part work around. The camera is unusable, shaky gloomy conditions aren't allowed, no night shots. Texts can't be forwarded, no passing on of jokes you want to share, surprising in the social networking era. No picture messages either, another bit of fun taken away. Sending texts can't be cancelled. Music applications (not ipod) quit when you get a text, transferring contacts is impossible. It doesn't remember field data information, most annoying when surfing online, it also has a very, very curious ability to go from full 3G reception to 2G (not even EDGE) immediately as you press Safari, uncanny. I'd say about 50% of the time it decides not to vibrate when a call or text arrives. Very short battery life, that drains when any apps are used. You can't set a task reminder without going into the calendar, a laborious process. Maps misses really vital information like Motorway services. When I'm at home I have to switch the WiFi off if I use my laptop because it steals the IP address and kicks me off, despite it being set up to do that dynamically. Itunes won't synch properly between it and my laptop, it has already deleted bought tracks. No 3G, no voicemail. No indication of whether the last call to a certain person was incoming or outgoing, no date and time on individual texts and calls. And, after all that, it doesn't even look that good, all the product real estate that could have been exploited has not been, it lacks character, a pebble. Such a shame, it could have been so good.
I heard that when u r using wifi o 3g battery dies faster, is that true? i'm asking this because i'm thinking of getting one of these, i have a p1i from SE phones, should i change it?
the dude is offering an iphone 3g 16 gb for my p1i i don't know what to do :(((
help me plzzzzz AEVL90@gmail.com
Tee, 29 Nov 2008I already have an N96 & 5800 express music phone, but am wondering if the the iphone 3g will s... more"I already have an N96 & 5800 express music phone, but am wondering if the the iphone 3g will serve me better. Please tell me all about it especially the cutting edge features"
OK, how about a graphics processor to start with...
...something both those phones seem to lack.
Secouric, 28 Nov 2008I have to admit, I didn't think much of this phone in the beginning, but now I love it. I give... moreI already have an N96 & 5800 express music phone, but am wondering if the the iphone 3g will serve me better. Please tell me all about it especially the cutting edge features (firstname.lastname@example.org)
Secouric, 28 Nov 2008I have to admit, I didn't think much of this phone in the beginning, but now I love it. I give... moreI already have an N96 & 5800 express music phone, but am wondering if the the iphone 3g will serve me better. Please tell me all about it especially the cutting edge features
d[-_-]b, 28 Nov 2008You can't actually get an unlocked iPhone. Again unless you buy an jailbroken one from overseas.
Actually, you CAN buy an original Apple unlocked phone if you buy it here in Italy.
The law here doesn't allow phones to be operator locked.
And guess what, it costs the same. LOL
its not nessecary no front cam no video call, stupid answer mr anony...
I have to admit, I didn't think much of this phone in the beginning, but now I love it. I give it 10 for looks and user interface. For their second crack at a phone I'm truly impressed. I find turning off 3G saves battery life marginally.
Aside from that Camera could be better, video recording would be nice, as would MMS.
I use both my N95 8gb and my Iphone, I love them both.
sam, 28 Nov 2008i think if you want a good smart phone copy and paste this link its much better . wanhttp://ww... moreHey Sam, I got a Linksys wireless router and I use wireless all the time, why would I want a phone that doesn't work with it?
l, 28 Nov 2008so how to get a number from the message? could u tell me, pleaseThe number the message is from, when the message is open, touch "Call Number" or add to contacts.
A number contained in a message, press the blue thing next to the message, save call or message back.
Touch the number to call it.