April 1st is celebrated as April Fool’s Day or All Fools Day in many countries. People usually play prank on others and celebrate it. Tech companies also have celebrated April fools Day and, here is a list how the have … Continue reading
Tim Cook is pretty happy with Apple’s first quarter numbers for 2013, saying that “no technology company has ever reported results like these.” And with record quarterly revenue of $54.5 billion and record quarterly profit of $13.1 billion, you can understand why.
But yesterday is less interesting to investors than tomorrow, which is why Apple’s stock price is down, and one of the analysts on the call asked the Apple chief exec about market share and cheaper iPhones. That’s been a big concern lately, as most of the growth in mobile phones is in markets like Asia and Africa, which are much more price-sensitive than the U.S. or Europe.
“The most important thing for Apple is to make products that impact people’s lives,” Cook answered. “We don’t seek revenue for revenue’s sake.”
Those would not have been comforting words to investors who are looking for Apple to expand its market share by offering products that appear to a wider range of customers. But Cook did offer a ray of hope.
That might be a hint that Apple will offer iPhones at differing price points, beyond the current strategy of offering old models at reduced rates. The iPod, of course, is available in the top-of-the-line iPod Touch, the still-existing Classic, and the cheap Nano and cheaper Shuffle.
But don’t hope for too much. Then Cook added, for emphasis:
“But our top priority is making a great product that enriches people’s lives.”
Blowfish12@2012 blowfish12.tk Author: Sudharsun. P. R.
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Christmas Day marked the most iOS and Android device activations than “any other day in history,” according to a report from mobile analytics company Flurry – with over 17 million new smartphones and tablets booting up for the first time. … Continue reading
The company’s current iPhones has a 30-pin port. The smaller connector will make room for the headphone jack on the bottom of the device. Apple’s next iPhonewill come with a smaller Dock connector port, according to a new report. Although … Continue reading