The Latest in IT Security

The iPhone 5c flop hurt Apple more than you might realize

28
Jan
2014

Apple’s fiscal first-quarter earnings report was actually pretty good despite the 8% ding to Apple’s share price after hours on Monday, with the company beating earnings and revenue estimates handily on the way to selling 51 million iPhones. However, if Apple CEO Tim Cook and his team had been a bit more prepared, they could’ve sold a lot more than that. Apple earned $14.50 per share on $57.5 billion in revenue, beating analysts expectations of $14.07 per share on $57.45 billion in sales. Cupertino, Calif.-based Apple sold 51 million iPhones, compared to 47.8 million in the year-ago quarter, but Cook noted that North America was weak, with revenue actually falling 1% year-over-year, as people clamored for the iPhone 5s, and

Tags:  
Comments are closed.

Categories

TUESDAY, DECEMBER 10, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments