All items tagged with "growth"

Apple’s 2012 Annual Report Reveals Massive Growth

20121031-163500.jpg

Apple submitted its annual 10-K report with the SEC today, which summarizes the company’s growth over the last year. Reading the report shows an amazing amount of growth for the Cupertino-based company across all areas of its business: retail, research and development, and square footage it owns.

Read the rest of this post »

Apple’s Q3 2012 Earnings Call By The Numbers

Apple’s Q3 2012 Earnings Call By The Numbers

iPhone and iPad continued to grow, the Mac outpaced the PC industry for a 25th quarter – just a couple of facts from Apple’s latest financial call.

Apple CEO Tim Cook and CFO Peter Oppenheimer presented the results of the company’s spring 2012 quarter. The quarter included extensive growth for the iPhone, iPad, and Mac product lines though iPod sales declined 10% from the same quarter a year ago.

Here are the financial numbers delivered during the call.

Read the rest of this post »

Instagram Growing At A Rate Of 5 Million New Users A Week, Now Boasts Over 50 Million Users

Instagram Growing At A Rate Of 5 Million New Users A Week, Now Boasts Over 50 Million Users

The Instagram phenomenon continues to captivate mobile users across the globe and now generates over 5 million new users a week, according to its API. Those are absolutely amazing numbers for the once iOS exclusive photography sharing app that now boasts over 50 million total users thanks to its recent launch on Android. With numbers like this, it’s no wonder Facebook reached deep in their pockets to snatch them up.

Read the rest of this post at Cult of Android »

Despite Financial Losses, iPhone Nets Sprint 660,000 New Customers

Despite Financial Losses, iPhone Nets Sprint 660,000 New Customers

iPhone sales net Sprint 660,00 new customers.

While Apple announced another record-breaking quarter yesterday, U.S. mobile carrier Sprint reported a significant net loss of $863 million – nearly twice the loss that it reported for the same quarter last year. iPhone sales, however, helped increase Sprint’s overall subscriber base – making this the eighth consecutive quarter where the company reported overall growth.

Read the rest of this post »

The Android Market Passes 400,000 Apps, Doubles Apple’s Growth In Just 4 Short Months

The Android Market Passes 400,000 Apps, Doubles Apple’s Growth In Just 4 Short Months
The Android Market saw staggering growth in 2011 and thanks to some tracking done by Distimo, we have a better look at how the numbers play out in comparison to Android’s top competitor Apple. According to Distimo, the Android Market has now reached over 400,000 apps, which is still 100K shy of Apple’s 500K+ active apps available according to 148apps metrics. While Android still trails in overall apps, it’s really the rate at which it’s growing that is impressive.

Read the rest of this post at Cult of Android »

Subscribe to the Cultcast

Popularity of MacBook Air is Ever Increasing

Screen shot 2011 04 04 at 22 59 00

Image courtesy of Fortune

Since its refresh in October 2010, the popularity of Apple’s MacBook Air has been rapidly increasing according to new research by J.P. Morgan analyst Mark Moskowitz. Sales of the device have seen a 333% year-over-year rise, with a projected annual revenue of a whopping $2.2 billion.

Moskowitz said in his research note:

“We believe that the growth rate of the MacBook Air stands to moderate, but we expect the product to exhibit increasing contribution to the overall Mac business,” Moskowitz wrote. “(The fourth quarter of calendar 2010) was the first quarter in which the MacBook Air accounted for greater than 10% of total Apple Mac units. More importantly, the MacBook Air accounted for 15% of total notebook sales during the quarter, versus 5% in the prior year.”

The latest refresh to the MacBook Air line introduced an ultraportable 11.6-inch model – a perfect alternative to users looking for the portability of a netbook but with the stability of a Mac. When the device first launched back in January of 2008, a 13-inch machine was the only option, with a starting price of $1,799. Now there are two machines to choose from, both of which come equipped with SSD hard drives as standard, starting at just $999.

It’s believed that the lower starting price and a choice of two notebooks are the main reasons behind the growth in popularity of the MacBook Air.