Apple held its Q1 2012 fiscal earnings call this afternoon, and the company reported record-breaking numbers across the board. Revenue reached $46.33 billion with a net profit of $13.06 billion, more than doubling Apple’s profit since this time last year.
We’ve got a roundup of interesting numbers from this afternoon’s call for you to check out.
Today during Apple’s Q1 2012 earnings report, CFO Peter Oppenheimer revealed that Apple has a staggering $97 billion in cash, with over $60 billion currently held offshore. Oppenheimer said multiple times during the call that Apple was not letting its near-$100 billion in cash “burn a hole” in its pockets.
Tim Cook and Oppenheimer were very tight-lipped about what Apple plans to do with its gigantic cash reserve moving forward, noting that the company was “thrilled” to acquire the “fantastic tech talent” at flash memory firm Anobit.
Coincidentally, AAPL stock blew past its previous all-time high during after-hours trading today at over $450 per share. Apple has trumped Exxon Mobile again with a overall valuation of over $420 billion to become the most valuable company on the planet. Based on this past quarter’s iPhone sales, Apple is also the top smartphone manufacturer in the world.
You may or may not be familiar with George Hotz, a.k.a “Geohot.” Whether you know his name or not, Hotz’s influence as a hacker is monumental. He unlocked the iPhone for the first time back in 2008, and was responsible for several of the early iOS jailbreaks. His exploits have haunted Apple for years, and he was recently sued by Sony for jailbreaking the PlayStation 3.
Hotz was hired by Facebook last summer to presumably work on the social juggernaut’s security team, but he apparently no longer works for Zuckerberg. Now Hotz been spotted back in his natural environment: a hackathon.
A tiny note from today’s Apple earnings: 37 million iPhones were sold in Q1 of 2012, meaning that Apple is the top smartphone manufacturer in the world. The number one spot has previously been held by Samsung. There seemed to be no way that Apple could take the crown so soon.
Samsung said that it shipped (not sold) 35 million smartphones in the last quarter (analyst estimates were a more conservative 32 million), and Apple just sold 37 million iPhones. Way to go, Apple.
New from Tap Tap Tap is Serenity, a relaxation app for iPhone or iPad.
Relaxation app? What’s one of those? It’s an app for relaxing by; in this case, a digital jukebox of all things peaceful, calm, tranquil, and imperturbable. It plays sounds and moving images to lull you to sleep, or at least to a less troubled state. It’s an anti-alarm clock. Without the clock.
Apple has announced its earnings for the first fiscal quarter of 2012. The Cupertino company is pleased to report record-breaking earnings this time around, with $46.33 billion in revenue and a net profit of $13.06 billion. Last quarter Apple reported $28.27 billion in revenue and a net profit of $6.62 billion.
37 million iPhones and 15 million iPads were sold in the first fiscal quarter of 2012, making this quarter Apple’s most successful one ever. Apple also saw Mac sales climb to 5.2 million. The only decline in sales was the iPod, which declined 21% year-over-year to 15.4 million units sold.
It is common for the President of the United States to honor American heroes by inviting them to the annual State of the Union address. No surprise, then, that President Obama is tipping his hat to the legacy of Apple founder Steve Jobs at tonight’s State of the Union address by inviting Jobs’s widow Laurene Powell Jobs to share First Lady Michelle Obama’s box at the event.
The event is believed to be Powell’s first public appearance since her husband’s death.
Remember that amazing interactive iPhone we posted about a while back that was made up of nothing but CSS 3 + Javascript, with absolutely no image files used for rendering at all?
Yeah, that was pretty impressive. But you know what’s even more killer? How about Roman web designer Alessio Atzeni’s spiritual followup, which emulates Mac OS X Lion’s boot, login and desktop screens using only CSS3 properties, and no image files at all.
Amazing. Check out the full demo here. Steve Jobs was right: who the heck needs Flash?
[via iClarified]
What’s more valuable: the White House or the Apple Store? The most iconic and easily identifiable residence in the country might seem like the safer bet, but guess again: it’s actually worth just about as much as any one single Apple store.
The mobile Safari browser that comes baked into Apple’s iOS devices is quite possibly the best mobile browser there is. But what if you want don’t want to load mobile web pages? What if you want to enjoy websites in their entirety?
Unfortunately mobile Safari doesn’t let you do this, but a free third-party browser called Dolphin does. Here’s how to ditch the mobile web and load full, desktop websites on your iPhone.
Ever since the iOS 5 and the iPhone 4S first debuted, a small but extremely loud and angry minority of handset owners have reported extraordinary battery drainage, and despite the iOS 5.0.1 update, the problem is still unresolved.
It’s well known that the iOS 5battery issues are a software problem, but since Apple hasn’t been able to fix the problem in three months, maybe it’s time to give the jailbreak community a shot at things. In fact, that’s what a new Cydia tweak called iOS 5 Battery Fix claims to do… and initial buzz suggests that it may just have delivered on its promise.
What sort of numbers should Apple report later today for the first quarter of 2012? The third quarter surprised all analysts as Apple announced a rare under-performing quarter due to the late introduction of the iPhone 4S. Stung by that rebuke, professional analysts are offering conservative projections for the first quarter of 2012. This sets up a classic pros versus independents cliffhanger.
The Chronic Dev Yeam’s Absinthe jailbreak tool for iPad 2 and iPhone 4S owners has been updated to version 0.3. This latest update brings Linux support and minor cosmetic changes. A small bug fix for Windows users has also been included.
As part of its annual promotion to get more Americans to cram nacho cheese-flavored asbestos triangles down their gob during halftime, Doritos throws a Crash The Super Bowl contest where they invite fans to make their own commercials. Win the contest and your winning ad gets aired during the Super Bowl.
I don’t usually pay attention to stuff like this, but this entry for the contest is just wonderful. It portrays Siri (or a Siri-like) as a magical genie in a smartphone capable of automatically beaming bags full of Doritos, a festive sombrero or even three hot, bikini-clad girls into a bro’s apartment at just a long press of the home button, no questions asked.
The only problem? In Dorito’s land, Siri’s speech-to-text transcription abilities have a couple of small auditory processing kinks to work out. The result? A guy’s request for hot wild girls leads to him being torn apart by… well, you’ve got to see it for yourself. Brilliant.
[via iDownload Blog]
Apple is one of the best-known brands, so no wonder it paid Google just $18 million in 2011 for search traffic. By comparison, HP and Dell, which are breathing heavy to keep ahead of the Cupertino, Calif. tech giant ranked No. 1 and No. 2 for spending big bucks flogging their products online.
The ability to print documents from an iOS device is a feature that many of us find incredibly useful, but Apple’s implementation has its flaws — such as the need for an AirPrint compatible printer. But thank to xPrintServer from Lantronix, you can wirelessly print to almost any networked printer from any iOS device.
If you have ever used iBooks or the Kindle app on your iPhone or iPad, you probably have experienced virtual page turning… and probably turned it off shortly thereafter.
Why? Well, virtual page turning is just a fancy animation that does nothing practical. It slows the reading experience down (however minutely) just to give you a little millisecond voyage through an e-reading uncanny valley.
After all, in the real world, pages do more than just flip: you can rifle through them, bend them back, check multiple spots in a book at once, bookmark places with your fingers, etc. Wouldn’t it be cool if your iPad’s virtual page-turning animations could do the same things?
Apple’s iPad is not hurt by Samsung’s Galaxy Tab 10.1, a Dutch appeals court just ruled. Apple had appealed an August 2011 decision that the South Korean tablet didn’t infringe upon the iPad’s design. Today’s ruling only answered whether the design of the Galaxy Tab 10.1 too closely resembled the Cupertino, Calif. tech giant’s product.
Xobni has brought its Smartr Contacts service to the iPhone today, which a new app that is likely to change the way in which you handle your contacts list forever. The service takes the pain out of maintaining your contacts list by creating profiles for everyone you’ve ever contacted using your emails, calendars, and social networks. It also puts a face to every name and even keeps track of your recent communication history.
Meanwhile, over in the Linuxverse, the next release of Ubuntu looks set to try something pretty radical – ditching the top-of-screen Menu bar in favour of a type-what-you-need HUD panel. Rather like Spotlight for menu items, mixed with some Alfred and some Siri.
Verizon Wireless swung to a $2 billion loss, despite higher data revenue and doubled iPhone sales. Increased interest in the Apple smartphone was a double-edged sword. Higher iPhone demand resulted in steeper subsidies paid by the second-largest domestic carrier during the fourth quarter.
Audiobooks.com has today launched the first subscription service to provide unlimited access to thousands of audiobooks streamed directly to your device. The service uses an HTML5 web app and promises to enforce no monthly limits and no long-term commitments.
Ever wanted to quit every single open application? Perhaps you want to free up memory for the launch of another app. Here’s one way of doing it quickly and cleanly.
When your Mac doesn’t wake from sleep, the reason could relate to uncooperative hardware or unstable software. When people don’t wake from sleep, it could be the sign of a Monday morning or an upcoming exam…
Sometimes when my mac goes to sleep it doesn’t want to wake up and the screen stays black. I have to turn off computer then turn it back on. Why does it do that?
Andres
We know Apple puts a lot of effort into its product packaging to ensure it’s almost as beautiful as the product within, but you may be surprised to hear that an entire room within the Cupertino company’s headquarters is dedicated to testing different variants of product packaging.