Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

7/24/2013 (2 years ago)

Catholic Online (www.catholic.org)

Revenues of $35.3 billion in the quarter ending in June

Apple has received a boost in the marketplace with better-than-expected earnings. These figures were aided by strong sales of iPhones, boosting the sagging share price of the maker of the iPhone and iPad.

Rumors of new Apple unveilings include an 'iWatch' wrist computer, an improved Apple TV and lower-priced version of iPhone for developing markets such as China.

Rumors of new Apple unveilings include an "iWatch" wrist computer, an improved Apple TV and lower-priced version of iPhone for developing markets such as China.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

7/24/2013 (2 years ago)

Published in Technology

Keywords: Apple, iPhone, iPad, iWatch, sales, Samsung


LOS ANGELES, CA (Catholic Online) - The profit of $6.9 billion was down 22 percent from last year, translating to $7.47 per shares, ahead of Wall Street projections.

The Silicon Valley tech giant reported revenues of $35.3 billion in the quarter ending in June, helped by sales of 31.2 million iPhones, a record for the June quarter.

 
The resilient tablet, iPad sales were somewhat disappointing - however, at 14.6 million compared with 17 million in the same period a year ago.


Apple shares jumped nearly five percent in after-hours trade to $439.70 billion, helping a stock which has tumbled from last year's high above $700.


"We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, software and services," Apple chief Tim Cook says.


"We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014."


Apple is expected to unveil Smartphones and tablets in the coming months with bigger screens. Analysts say that this is an attempt to catch up with a trend set by its major rival Samsung.


Rumors of new Apple unveilings include an "iWatch" wrist computer, an improved Apple TV and lower-priced version of iPhone for developing markets such as China.


According to Apple chief financial officer Peter Oppenheimer, Apple generated $7.8 billion in cash flow from operations in the recent quarter and paid stockholders $18.8 billion through dividends and repurchasing shares.


Still held in high esteem for its trend-setting devices, Apples has been losing market share in Smartphone's and tablets, mainly to companies using the Google Android operating system.

 

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Technology

SMARTPHONE BREAKTHROUGH: Hydrogen-powered battery powers iPhone for a week Watch

Image of Containing a rechargeable battery and its own-patented technology, the device recreates electricity by combining hydrogen and oxygen.

By Catholic Online (NEWS CONSORTIUM)

British-based Intelligent Energy, thought to be working closely with Apple, have reported success in creating the world's first hydrogen-fueled battery. The battery, they say, will enable users to charge their iPhone for up to a week. LOS ANGELES, CA (Catholic ... continue reading


Chicago Pastor creates mobile Bible app to personalize verses Watch

Image of Smartphone users can now personalize Bible verses through ToYou app.

By Nikky Andres (NEWS CONSORTIUM)

Christians are in for something new as a pastor from Chicago came up with an app that lets users personalize Bible verses according to their name and gender. MUNTINLUPA, PHILIPPINES (Catholic Online) - Pastor Gregory Ijiwola, who serves at The CityLight Church in ... continue reading


Single DNA molecule to store digital information for millions of year Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

Modern technology has earned us numerous breakthroughs, including digital information systems and storage, making our day to day tasks easier. However, drives we use for information technology can only last from a couple of years to few decades, which is limiting the ... continue reading


7 Healthy Tech Habits to Teach Kids this Year Watch

Image of

By Stephanie Pacheco

The near-infinite web of information available online is a double-edged sword: it can be harnessed to help us learn and communicate, but it can swiftly degenerate into instant-gratification and isolation. Technology has branched out from computers to tablets and ... continue reading


They're watching you! Digital peepholes face a fine line between security and invasion of privacy Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

Sharing your thoughts, activities and whereabouts has never been easier and faster with the internet and connected devices. More and more people are sharing more of their daily lives that it's compelling to say that to know everything is becoming common and normal. ... continue reading


Innovative space invention promises to reach space locations in record times Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

A once rejected drive can now revolutionize the entire outer space research, as NASA and several others confirmed this program actually works. The invention was previously rejected by scientists after it defied the physics concept of the conservation of momentum, ... continue reading


Is your phone in danger? Threatening malicious text message can hack Android's inner system Watch

Image of

By Atarah Haely (NEWS CONSORTIUM)

With just a simple text message, your phone and all its data may be compromised without you even knowing. The core of this nightmare is at the heart of the operating system itself - Stagefright, an Android code library. Users currently have nothing much to protect ... continue reading


Pope Francis uses iPad to become first person registered for 2016's World Youth Day Watch

Image of

By Atarah Haely (NEWS CONSORTIUM)

On Sunday, Pope Francis successfully became the first person registered for the 2016 edition of the World Youth Day, using an iPad. Before registering, he addressed thousands at the St. Peter's Square in an appeal for the release of an Italian Jesuit priest kidnapped ... continue reading


EARTH'S TWIN: Kepler 452b heralded as the most similar planet to Earth yet discovered Watch

Image of While Kepler-452b is larger than Earth, it's 385-day orbit is only five percent longer. Furthermore, the planet is five percent farther from its parent star Kepler-452 than Earth is from the sun.

By Catholic Online (NEWS CONSORTIUM)

Kepler-452b has astronomers calling the planet "the closest twin to Earth" they have yet seen. The planet is the smallest world found orbiting in the habitable zone of a star. Kepler-452b orbits its star at approximately the same distance that Earth orbits the ... continue reading


Solar system similar to ours discovered by astronomers Watch

Image of Researchers believe the ideal habitable exoplanet would reside in a solar system that mirrors ours. A

By Catholic Online (NEWS CONSORTIUM)

In an new astronomical study on the search for "solar system 2.0" - a solar system that is similar to our own, and therefore more likely of sustaining life, scientists have made an exciting new discovery. Such a solar system exists, some 200 light years away, and ... continue reading


All Technology News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Thessalonians 3:7-13
7 And so, brothers, your faith has been a great ... Read More

Psalm, Psalms 90:3-4, 12-13, 14, 17
3 You bring human beings to the dust, by saying, ... Read More

Gospel, Matthew 24:42-51
42 'So stay awake, because you do not know the day ... Read More

Saint of the Day

Saint of the Day for August 27th, 2015 Image

St. Monica
August 27: St. Monica was married by arrangement to a pagan official in ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter