Apple Q4 by the numbers: $36B revenue, $8.67 EPS misses Wall Street consensus


Late this afternoon, Apple announced another blow-out quarter and closed fiscal 2012, ending Tim Cook's first full four quarters as CEO. The challenge ahead is to maintain or to even extend momentum as cofounder Steve Jobs' influence over strategy and product development grows more distant. He died a year ago last month.
On Wednesday, financial analysts got an unexpected October surprise, and not iPad mini. Cook revealed that Apple sold its 100 millionth iPad about two weeks earlier. Problem: By that reckoning most analysts had over-estimated the tablet's quarter. Philip Elmer-DeWitt sums up the impact: "As a group, these analysts lowered their iPad estimates an average of 2.67 million units. Most also lowered their revenue and earnings estimates, an average of $1.26 billion and $0.31, respectively". If you're an investor wondering why Apple shares declined most of the day ahead of earnings, there's a reason.
Microsoft, stand up to Apple!


For a moment there I got really excited -- that Microsoft had pulled a brilliant marketing maneuver -- only to be disappointed. Within the hour I received email from the company's PR agency with subject line: "Microsoft announces Windows 8 global availability". Holy cow pies! A day early! Stop the presses. Sure enough the official press release proclaims: "Windows 8 arrives". Except it hasn't. You still have to wait until Midnight tonight. Bummer.
I knew there was trouble when rushing to Microsoft Store online that Surface RT tablets and Windows 8 are still pre-order. When going back to actually read the fine print, sure enough the press release qualifies "beginning Friday". Excuse me for nit-picking semantics, but doesn't "arrives" mean now? (Granted, it's Friday somewhere in the world and has been for more than six hours. But the announcement and New York prelaunch don't coincide with anything like Midnight anywhere in the world.)
ITC judge says Samsung infringes Apple patents


Another day, another patent story. After a spot of bad news for Apple, comes something good for the Cupertino, Calif.-based corporation. A United States International Trade Commission judge has decided in a preliminary ruling that Samsung infringed four of Apple's intellectual property patents.
The ruling will be considered by the full commission, with a result expected in February, but it’s an important, albeit early, victory for Apple as the ITC has the ability to block the import of infringing products into the US.
Apple’s new products are all about the competition


To answer my colleague Joe Wilcox’s question, I won’t be buying an iPad mini. I will however, be shelling out on a 4th gen iPad. I already own an iPad 2, and was thinking of upgrading to the 3rd gen version, but I knew an update was likely. Even though Apple only rolled out the most recent iPad in March, there were a few clues that suggested a sooner-than-usual upgrade was on the cards.
Firstly, the Lighting port. On the accessories front alone it’s important for Apple to transition its devices to the new connector as quickly as possible, which means putting it in all of its relevant hardware. Secondly, the 3rd gen iPad gets incredibly hot when doing graphically intensive tasks. The new A6X chip will, I suspect, greatly reduce that problem. Making the iPad faster (while keeping the price the same) will also help position it a little further away from the new mini. However, the main reason for the upgrade is much more straightforward: it kicks the hell out of the competition.
Good news for Samsung: Apple trial patents ruled invalid


Uh-oh. While Apple was launching all its new and improved products yesterday, bad news brewed in the background. I just hope the company hasn’t pre-emptively spent any of the $1.05 billion it was awarded from Samsung recently, because the US Patent and Trademark Office has just ruled that 20 patents relating to overscroll technology (the bounce effect that happens when you scroll beyond the edge of an image or document) are invalid, and that could spell problems for the Cupertino, Calif.-based corporation.
According to Groklaw, "the notorious rubber-band patent [Apple's] been going after Android with, has just been tentatively rejected by the USPTO on re-examination. Apple has two months, until December 15, 2012, to respond and try to save it".
Will you buy iPad mini?


For those of you skydiving from the edge of space or returning from a week in some Fringe alternate universe, today Apple announced iPad mini -- so far the autumn's worst kept secret. Rumormongers got right the event and sales dates, product name and screen size but flubbed the price; sorry it's not $249 or $299, Bub. That's in another alternate reality. But do dream.
I just have to ask, again: Will you buy iPad mini? I look forward to the impact facts will have on your answers. In February I asked: "Apple is rumored to be developing a smaller tablet. Would you buy an 8-inch iPad?" About 56 percent of the 3,624 respondents answered "Yes". That's a high number. But much has changed since, with Google Nexus 7 joining Kindle Fire at $199, Amazon offering 8.9-inch tablets and Apple choosing to price higher than many people hoped. So I ask the question again, offering new poll and your chance to comment.
iPad mini is too big for Apple


"Don't upset the apple cart" takes on new meaning for the company Steve Jobs cofounded. Supply chain simplicity defined his leadership, starting with the many products axed after he took the interim CEO title in early 1997. While complexity creeped into some product lines over the years, mainly iPod, Apple followed a streamline approach. Until today. Tim Cook oversees a suddenly complex tablet lineup, following iPad mini's introduction early this afternoon.
Before today's event, Apple offered eight different iPad configurations -- that's without separately counting carrier-specific LTE models. The mini, which goes on sale November 2, brings the number to 14. It's a crowded lineup, with overlapping features and prices not seen from Apple since the early- to mid-1990s. Something else: Apple chose to price higher than what BetaNews surveys show people want to spend on a tablet, particularly in the mini's size class, and too close to other models, risking some sales cannibalization -- or worse, none at all, if customer confusion hurts sales.
Apple updates most popular Macbook Pro with Retina display, thinner profile


At WWDC 2012 in San Francisco last June, Apple debuted its latest generation of Macbooks. Today, at an event to spotlight the new iPad Mini, Apple also unveiled a version of the 13" Macbook Pro which includes the high definition Retina Display. For the last five months, this display has only been available on the 15" Macbook Pro.
Apple CEO Tim Cook said the 13" Macbook Pro is Apple's most popular notebook computer, and by adding the Retina Display into the mix, the company now offers four different stock versions of the PC.
Apple unveils iPad mini, pre-orders start October 26, sales November 2


Months of rumors have come to this: Yes, Virginia, there is a smaller iPad, and if they don't sell out, you could get one for Christmas. During a special media event today, Apple unveiled iPad mini.
The new tablet's screen measures 7.9 inches, compared to 9.7 inches for fourth-generation iPad, also announced today. Screen resolution is 1,024 by 768 -- the same as iPad 2 and other tablets in the size class. The device weighs .68 pounds and is 7.2mm thick, or about one-quarter more than fourth-generation iPad. Apple claims 10-hour battery life. The tablet runs an A5 dual-core processor and packs a 5-megapixel camera on the back and another camera, mainly for video recording on the front. Contrary to rumors, prices start at $329, not $249.
Another Apple event, another sarcastic liveblog! [iPad + Macbook + Crooooow!]


When Apple debuted the iPhone 5 just over one month ago, I was assigned to cover the launch event in a liveblog, despite the fact that I wasn't actually present at the event. So I did the liveblog the only way I saw fit: in the style of Mystery Science Theater 3000.
So here we are again, there is another Apple event today in San Jose, where the company is expected to unveil a couple of new products including the smaller, cheaper 7-inch iPad, and a new Macbook with a high-resolution Retina display. The event will begin at 10am Pacific, or 1PM EST, and I'll be providing a live, unscripted sarcasm track starting approximately an hour before the event begins. Unlike the iPhone 5 launch event, this one will be live streamed at Apple Events.
Tech companies pay next to no tax in United Kingdom


Despite making huge sums of money in the United Kingdom, many of the major tech companies based there pay surprisingly little tax. Exactly how little has only just started to come to light, thanks to investigations by several national newspapers.
The latest company to be exposed for paying a pittance in UK tax is eBay which, according to the Sunday Times newspaper, paid just £1.2m in 2010, despite its UK subsidiaries generating sales of close to £800m, and making an estimated profit of £181m.
Cancelled event confirms new Apple tablet


As anyone with a heartbeat knows, Apple has a product event coming on Tuesday the 23rd in San Jose at which we’ll certainly see the iPad mini, perhaps a new MacBook Pro and maybe some new iMacs. But whatever is being introduced I think it’s fair to say that the event is still in flux, because Apple late Wednesday canceled another corporate event in Arizona scheduled for the same time, this one at The Phoenician resort.
Apple booked the entire hotel (600+ rooms) for Sunday through Wednesday. Their setup people were on site Tuesday. Late Wednesday, as setup was nearing completion, Apple told the resort that they “wanted all of their managers to be on site in their stores next Tuesday for the upcoming tablet release” -- that they were canceling the function.
More bad news for Apple as it loses appeal in Samsung case


Apple today lost an appeal against the UK ruling that found rival Samsung's Galaxy Tab did not infringe its design rights. The original case, in which Judge Colin Birss declared Samsung’s tablets were not cool enough to be confused with the iPad, found in favor of the South Korean company and ordered Apple to publish a notice on its website and in various print titles (for a minimum of six months), informing visitors and readers that Samsung did not copy the design of Apple’s tablet.
The Court of Appeal’s review of the case upheld this ruling, meaning that Apple must comply with the original order. And just for a little additional salt/wound rubbing, one of the three appeals judges, Lord Justice Kitchin, stated that the typeface used in the notices must be no smaller than 14 point Ariel.
Apple hosts October 23 'screw you, Microsoft' media event


The invitations are out, and rumors proved true. Apple will hold a special press event, presumably for iPad mini, on October 23 -- that's three days before Microsoft launches Windows 8 and Surface tablets. Talk about party crashing. Apple almost surely will steal much of its rival's thunder, splitting media coverage and assuring that most every Windows 8 or Surface blog post or news story will mention Apple and iPad mini.
Anyone who thinks the timing isn't deliberate lives in lala land. Capitalism is all about brutal competition, and if iPad mini debuts next week Apple will heap hot coals through Microsoft's Windows and onto its shiny Surface. InterWeb writers have obsessed about the rumored tablet for weeks. Its arrival will be almost as blah blah worthy as Steve Jobs returning from the dead.
Tech tribalism leads to BAD computing decisions


Computing, and I use the term in the widest sense, has always been tribal to an extent. People have loyalties, and there’s nothing wrong with that. This year, tribes are called "ecosystems", but whatever the current label, looking around the Interweb it seems to me that tribalism is becoming more prevalent and more aggressive. It’s as if everyone stood on soapboxes with their fingers in their ears, shouting "LALALALALALALA", while at the same time (a good trick, this) yelling through a megaphone that theirs is the only way and anyone who doesn’t agree is just too stupid to be considered human.
Famously, way back in 1994, the writer and thinker Umberto Eco (The Name of the Rose) compared computing loyalties to religions: Apple followers were Catholics who believed that they would find salvation through following the One True Path. Conversely, PC users, like Protestants, were obliged to find their own way through the many paths open to them, and not all would be saved. And (I guess) Linux users are the hairy prophets who come out of the desert proclaiming, "It’s really easy. Honestly. And these days you only have to scourge yourself with thorns once a week …"
© 1998-2025 BetaNews, Inc. All Rights Reserved. Privacy Policy - Cookie Policy.