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- Apple Shipped 1.3M Apple TVs In Q3 2012, Still Calls It A Hobby
- Apple Q3 Earnings: Apple Now Has Over $117 Billion In Cash Reserves
- Apple Reports Disappointing Mac Sales Despite Retina MacBook Release: 4 Million Units Sold In Q3 2012
- Apple Q3 2012: 26M iPhones, 17M iPads, 4M Macs, and 6.8M iPods
- Apple’s Q3 2012: $35B In Revenue, Net Profit Of $8.8B, Earnings Of $9.32 Per Share
- Lytro Announces Support For Windows, Two Accessories And Free Shipping (This Week)
- The $99 Vizio Co-Star Google TV Box Is Now Available To Pre-Order
- AOL Launches PLAY By AOL For The Kindle Fire
- Analyst: iPhone 5, iPad Mini Coming In September
- Amazon Finally Cracking Down On 3G Browsing Cap
- Kickstarter: The RollPro III Is A Must-Have GoPro Camera Storage Case
| Apple Shipped 1.3M Apple TVs In Q3 2012, Still Calls It A Hobby Posted: 24 Jul 2012 02:56 PM PDT  “We are not going to keep products around we don’t believe in,” said Apple CEO Tim Cook in regards to the Apple TV on today’s earnings call. He also stated that Apple still considers the product a hobby although Apple keeps at the project because they stated “it will lead us [Apple] somewhere.” Apple is very happy with Apple TV’s growth. The company shipped around 4 million so far during this fiscal year with 1.3 million units over the third quarter — not so bad for a hobby. In many ways Apple TV is the missing link between Apple’s portables and the living room. It brings iTunes to the big screen but also, through the magic of Airplay, allows iPhone and iPad owners to quickly and easily stream content to the Apple TV. But for many, this little box is not enough. A true Apple TV, an Apple HDTV if you will, has been rumored for sometime but Apple has been very quiet on its development. Like many companies, Apple tends to develop early and wait for the right time to release it in the wild. Apple could be waiting on the right content or hardware deals. But Cook’s statement seems to indicate something is in the pipeline. The Apple TV is likely leading Apple into the living room.
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| Apple Q3 Earnings: Apple Now Has Over $117 Billion In Cash Reserves Posted: 24 Jul 2012 02:27 PM PDT  Apple closed its record June quarter with $117 billion in cash reserves, up from $110 billion last quarter. Crediting strong sales of almost all products as well as an improved economy. Asia-Pacific growth increased 25% this quarter (down from 100% last quarter), 2/3s of which came from China. Apple announced they would also continue their stock buyback program over the year. AAPL closed with a market cap of 561.90B while competitors like Dell and HP closed at 20.23B and 35.46B respectively.
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| Posted: 24 Jul 2012 01:35 PM PDT  Analysts have been sharply divided in providing estimates for Apple’s third quarter earnings report. And it would appear that this time, predictions of a mild third quarter were correct. Apple saw a bit of a plateau in Mac sales, with 4 million Macs, 26 million iPhones, and 17 million iPads sold in Q3 2012. That’s compared to last quarter’s sales of 4 million Macs, 35.1 million iPhones, and 11.8 million iPads. The main question was whether or not Apple’s MacBook Pro Retina would pick up declining Mac sales. As you can see from the numbers, it appears that 5.1 million pixels does not a spike in sales make, as this represents only a 2 percent increase in sales over the year-ago quarter. At the same time, the Retina MBP was only available for a short portion of the quarter being reported, so it’s possible we’ll see a spike in Q4. On the earnings call, Tim Cook explained that the slowed growth in Mac sales has a lot to do with the timing of their portable announcement this year. It only left a few weeks for buyers to enjoy the new models, as opposed to the February announcement last year. We pulled together professional estimates of 68 Apple analysts, as compiled by Fortune, who said that Apple would sell around 4.4 million Macs, 29 million iPhones and 15.7 million iPads. As you can see, iPhone sales are down slightly from Q2 (and 3 million short of analyst expectations), while Mac sales stayed almost exactly the same as last quarter. If you remember, Q2′s 4 million Macs sold was down about 1 million units from the first quarter. But after spending a full quarter on the market, the iPad is selling quite well, with 17 million units sold this quarter. That’s a whopping 84 percent increase from the same quarter last year, and a 5.2 million unit gain over last quarter. Analysts also expected iPod sales figures to go down from last quarter’s 7.7 million, which is to be expected outside of gift-buying season. On this point, as well, they were right. Apple sold 6.8 million iPods in Q3 2012, a 10 percent unit decrease from last year. Developing
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| Apple Q3 2012: 26M iPhones, 17M iPads, 4M Macs, and 6.8M iPods Posted: 24 Jul 2012 01:33 PM PDT  Apple managed to move a lot of iDevices over the last three months. The company just reported its third quarter financials and detailed iPhone, iPod, and iPad unit sales. The iPad saw a killer quarter with sales up from 11.8M units in Q2 to 17M in Q3. That said, the iPhone didn’t fare as well. The company shipped 26M down from 35.1M last quarter but up 28% from last year’s third quarter. These numbers are mostly in line with analyst’s predictions who estimated that iPhone sales would decline while the iPad would see substantial growth. Apple actually managed to move fewer iPhones than expected with most analysts expecting sales numbers to hit between 29M and 31M. The decline in iPhone sales is an important factor since that unit accounts for the bulk of AAPL’s revenue and profits. iPhone unit sales fell quarter-over-quarter for the first time since Q4 2011. iPhone sales declined 9.1M units, or rather 26%, over the previous quarter. This decline could be attributed to the iPhone 4/4S’ age when compared to new Android flagship models. The iPad had a great last few months. Apple moved 17M units during the third quarter. Sales were up 44% over Apple’s second quarter and a whopping 84% year-over-year. The iPod is slowly drifting into obscurity though. Sales are down nearly 10% from last year and 12% from over the last quarter. With a total sales of 6.8M units, it’s still likely the best-selling MP3/MP4 player on the market, but it’s quickly becoming a niche product. Apple’s senior vice president and Chief Financial Officer confirmed this thought during Apple’s financial call today, indicating that the iPad still holds 70% of the market. Apple’s Macintosh sales fell short of analyst’s predictions, with only 4M units sold. This during a quarter that saw a significant model introduction with the MacBook Pro with Retina Display. However, the model’s supply levels have been limited, likely justifying the lower numbers sold. Developing…
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| Apple’s Q3 2012: $35B In Revenue, Net Profit Of $8.8B, Earnings Of $9.32 Per Share Posted: 24 Jul 2012 01:32 PM PDT  Apple has just released its fiscal Q3 2012 earnings, and the Cupertino-based company reported revenues of $35 billion (compared to $28.6 billion in the year-ago quarter and $39.2 billion in Q2 2012) and quarterly net profit of $8.8 billion (compared to $7.3 billion in the year-ago quarter and $11.6B in Q2 2012). All that breaks down to earnings of $9.32 per diluted share. During the days leading up to the disappointing release, analysts expected to see Apple rake in revenues of about $37.4 billion, with earnings of roughly $10.38 per share. Apple also reported gross margins of 42.8% (compared to the impressive 47.4% figure the company revealed last quarter) and noted that a full 62% of the quarter’s revenues were thanks to international sales. Apple also announced that the company would be issuing a cash dividend of $2.65 per share of common stock. For what it's worth, Apple managed to blew past their own forecasted expectations ($34 billion in revenues, with earnings of at least $8.68/share). That’s not much of a surprise though, as Apple has historically tended to low-ball its quarterly performance estimates. To continue that tradition, Apple CFO Peter Oppenheimer offered up yet another conservative forecast at the end of the release — according to him, Apple expects Q4 revenues of about $34 billion “and diluted earnings per share of about $7.65." Apple’s hardware sales contributed quite a bit to its performance this quarter, though one device in particular was picking up most of the steam. As rumors of a heavily-redesigned iPhone continue to swirl and consumers settle in for the wait, analysts also predicted that the company would report lower iPhone sales figures. Again, not much of a shock since Apple's newest iPhone has been on the market for nearly a year now, but the consensus among analysts was that Apple would sell about 29 million iPhones. It turns out that the number was indeed down compared to Apple's strong first and second quarters — the company only reported 26 million iPhones sold. That said, Apple managed to move plenty of iPads over the past three months thanks to the introduction of the Retina-friendly model prior to beginning of the quarter and the accompanying price drop for the iPad 2. Estimates pegged the Cupertino company as selling roughly 15.7 million iPads, but Apple reported an impressive 17 million iPads sold. Perhaps due to some (warranted) trepidation ahead of the release, Apple's stock closed at $600.92 today, down 0.48% from when the market opened this morning. As usual, Apple will be holding a conference call to discuss its financial performance at 2:00 p.m. PT/5:00 p.m. ET. We'll be live blogging the whole thing, so stay tuned for more as it happens.
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| Lytro Announces Support For Windows, Two Accessories And Free Shipping (This Week) Posted: 24 Jul 2012 10:37 AM PDT  After launching earlier this year with Mac-only compatibility, Lytro has just announced that its desktop application now supports Windows. The company behind the miniature light field camera also rolled out two new accessories: a $20 USB wall charger and $20 tripod mount. They’re also offering free shipping on all camera orders this week. Minimum specs for Windows PC owners are as follows:
[Lytro]
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| The $99 Vizio Co-Star Google TV Box Is Now Available To Pre-Order Posted: 24 Jul 2012 08:24 AM PDT  Vizio pulled off a sort of coup with the Co-Star. This $99 Google TV box packs more features than Sony’s latest model and is half the price. Plus, I think the novel UI looks better than the standard Google TV interface. The box, which was announced last month, is now available for pre-order. It costs $99 and will ship August 14th. The Co-Star ships with a dual-sided remote: QWERTY on one side and a touchpad on the other. A dual-core Marvell Armada 1500 powers the device. It sports the typical apps such as Netflix and Amazon, but also Onlive, which is the Co-Star’s prime attraction. Onlive turns the Co-Star into a legitimate gaming machine. Owners simply need to pair one of the OnLive controllers to the box. From there, as long as the owner pays for the Onlive service, games are streamed to the box. And as someone who has played with Onlive since the beginning, I can attest that the service has matured from a novelty to a real thing. There is a touch of latency, but it’s hardly noticeable after a few minutes of playing. It’s almost like your mind adjusts for it. With OnLive, a good price and Vizio’s typical stellar distribution, the Co-Star could turn out to be the star player Google TV so desperately needs.
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| AOL Launches PLAY By AOL For The Kindle Fire Posted: 24 Jul 2012 08:10 AM PDT  Kindle Fire owners take note: Aol, TechCrunch’s not-so-evil overlord, has a new app for you. Aol just released a retooled version of PLAY By Aol specifically for the Kindle Fire. This reskinned app is optimized for the Fire’s 7-inch 600×1024 screen. Everything from the layout to the iconography to the cover art was redone to look as good as possible on the Fire. Like the other versions of PLAY, this music app puts the device’s on-board MP3 collection into an immersion environment. While it features a media player, the entire app is built to provide an experience not traditionally found in a simple player including social features and the ability to share songs on Twitter, Facebook, and the PLAY network. Plus, PLAY features a SHOUTcast player with access to 55,000+ stations. Spiritual guru and AOL Mobile First Senior Director Sol Lipman said in a released statement today, "The Kindle Fire can't get much more awesome, but somehow we made beautiful babies together with PLAY. It's the best social music experience on the Fire, and I say that because I'm only mostly unbiased. Look, just stop reading and go try it.” Aol released the Android and iOS versions of PLAY last summer. Since then the app has been downloaded 1 million times. The Kindle Fire version is the first edition of the app made specifically for a larger screen. The app costs $.99 on the Amazon App Store or there is an ad-supported version available as well.
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| Analyst: iPhone 5, iPad Mini Coming In September Posted: 24 Jul 2012 07:19 AM PDT  Apple’s next-gen iPhone — and the much-talked about (but yet unseen) iPad mini — are some of the most hotly anticipated gadgets of the year. And according to a report by relatively on-point KGI Securities analyst Ming-Chi Kuo, the new iPhone and iPad mini will launch in September. Thus far, we’ve heard that the iPhone 5 will have a larger 4.08-inch display maintaining the same width as current models, at 640 pixels. TechCrunch has also confirmed — along with Reuters more recently — that the new iPhone will replace its original 30-pin connector dock with a 19-pin mini port. The iPad mini, on the other hand, is said to be the same thickness as the iPod touch 4G, with a screen measuring 7.85-inches. He expects that iPad mini sales should hit 1.8 million units during the time its available (1-2 weeks) in Q3. Of course, Kuo (and the rest of the world) expects Q4 numbers for both products to be ridiculously high, with iPhone projections at 55 million units and iPad estimates hitting 24 million (including both iPad mini, new iPad, and iPad 2). Here’s Kuo’s official word:
The September timeline is just a prediction made by this analyst, but it makes sense considering we’ve already heard that the iPhone is in production.
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| Amazon Finally Cracking Down On 3G Browsing Cap Posted: 24 Jul 2012 07:18 AM PDT  There’s a little-known stipulation in Amazon’s 3G browsing, available primarily on their e-ink devices. Ostensibly, downloading items over 3G is completely free but browsing the web using the device’s weird and slow experimental interface is capped at 50MB. Most users have never hit that cap and there haven’t been many reports of actual notifications. That’s recently changed. One user of the Kindle Keyboard 3G noticed the message when he was browsing the web in Canada. He received a message that said he could only browse Amazon.com, Wikipedia, and the Kindle Store. Wi-Fi access was unaffected. In the terms of use, Amazon notes: The Experimental Web Browser is currently only available for some customers outside of the United States and may be limited to 50MB of browsing over 3G per month. This limit does not apply when customers are browsing over Wi-Fi. This could be a reaction to folks tethering their Kindles, resulting in a tragedy of the commons effect where some users are using a piddling amount of data while others are blowing out Amazon’s allocations in a few hours.
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| Kickstarter: The RollPro III Is A Must-Have GoPro Camera Storage Case Posted: 24 Jul 2012 05:48 AM PDT  I’m a GoPro fanboy. It’s an amazing camera born from an even more amazing American company. But, as any GoPro owner quickly discovers, the camera demands all sorts of accouterments and add-ons. Mine are stored in a large camera bag with different parts haphazardly thrown into a different compartments. It’s essentially a grab bag of GoPro parts. Clearly I’m not alone. Riseful’s Kickstarter campaign for the RollPro III tackles this problem with an age-old design. The RollPro III is a simple but seemingly effective GoPro roll up organizer. Everything has a spot in the roll-up case from the mounts to the backplates to the cameras themselves. Made out of industrial grade marine fabric, it can hold three cameras and most of their accessories; it seems to hold everything but the large suction mounts. Then, once everything is safely stashed away in their separate compartments, the whole thing neatly rolls up. The company is looking to raise a modest $10,000 on Kickstarter and they’re almost there. As of this post’s writing, the project is $500 shy of their goal with 16 days remaining on the campaign. Pledge $59 or more to pre-order the case and help make it a reality.
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