Despite a budgetary increase of 32% from $ 3.381 billion in 2012 to $ 4.475 billion in 2013, Apple still spends less than 3% of its revenue (net sales total $ 170.91 billion so far this year) on Research & Development of new…
Read more ›
The post Apple Spends Just 2% Of Its Revenue On R&D appeared first on Cult of Mac.
Forget for a moment all the talk about Apple’s recent quarter financials disappointing Wall Street analysts — and instead focus on two “nuggets” from Apple’s recently released 88-page Form 10-K, as picked up by ISI’s Brian Marshall. In a note…
Read more ›
The post Apple’s Revenue Per Employee Is “Off The Charts” appeared first on Cult of Mac.
Google Play has made up a lot of ground on the App Store over the past couple months in terms of downloads and revenue, but the latest mobile marketplace report shows that Apple is still king of the castle when it comes to revenue. According to app analytics firm Distimo, the App Store was still [...]
The post App Store Still Tops Google Play In Revenue Despite Slower Growth appeared first [Read More...]
Google Play has finally surpassed the App Store in the number of downloads in a quarter for the first time ever according to a report from App Annie. Thanks to strong performances in India and Brazil, Google Play topped the App Store with 10% more app downloads in Q2 2013. Despite Google Play netting [...]
The post Google Play Store Surpasses App Store In Downloads But Still Lags In Revenue [Read More...]
Apple has announced the results for its third fiscal 2013 quarter ahead of the earnings call this afternoon. The company reportedÂ revenue of $35.3 billion and aÂ net profit of $6.9 billion, or $7.47 per diluted share. Wall Street’s consensus was onÂ $35.18 billion in revenue, and Apple’s own prediction for the quarter wasÂ $33.5-$35.5 billion in revenue. Full [...]
The post Apple Announces Q3 2013 Earnings: $ 35.3 Billion Revenue And $ 6.9 Billion [Read More...]
Despite “weaker” orders from Apple during the second-quarter, Foxconn managed to post revenue that beat analyst estimates thanks to its increased focus on televisions.Â The company announced revenue of NT$897 billion ($30 million) over the three-month period, which is 0.6% higher than its second-quarter revenue for 2012, and better than the NT$829 billion expected by analysts. [...]
The post TVs Keep Foxconn Revenue Up As Apple Orders Fall appeared first on Cult [Read More...]
Handheld games consoles like the Nintendo 3DS and the Sony PlayStation Vita have long been suffering at the hands of smartphones and tablets. But the latest data from IDC and App Annie should give handheld game developers â€” including Nintendo â€” something to really think about.
While consumer spending on Android and iOS continued to rise during the first quarter of 2013, it fell considerably on handhelds.
Spending on Android and iOS [Read More...]
Apple has released its financial results for the second fiscal quarter of 2013. The Cupertino company reportedÂ $ 43.6 billion in revenue and a net profit of $ 9.5 billion. That translates to earnings ofÂ $ 10.09 per diluted share.
Wall Street has been incredibly pessimistic towards Apple in recent months, but today’s results for revenue managed to surpass even the more bullish claims. Apple’s estimates for the next quarter are even more conservative [Read More...]
Thanks to the increasing popularity of Google’s Android platform, Google Play revenue increased more than sixfold during 2012. The boost has helped the search giant gain ground on Apple’s App Store, but it still has a lot of work to do. Despite that growth, the App Store still rakes in 3.5 times more cash than Google Play does.
That’s according to a new report from research group App Annie, which monitors Google [Read More...]
Samsung has today announced its financial results for the fourth quarter of 2012, which slightly exceed the estimations that were set by the Korean company earlier this month. It recorded an operating profit of 8.84 trillion won (approx. $ 8.27 billion) during the three-month period, on 56.06 trillion won (approx. $ 54.45 billion) in revenue. That’s a 10% increase in profit over the previous quarter, and a whopping 89.3% increase in profit over the fourth [Read More...]