Demand Woes Bite Apple: Strong iPhone Sales Fail to Reverse Decline in Profit, Amid Industry Slowdown
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Wednesday, July 24, 2013 Checked 10:25 PM; Last Updated 9:35 PM CDT; 02:35 GMT
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iPad, Mac sales drop from Q3 2012 but iPhone sets another sales record. Safe to say iPhone is Apple's "bread-and-butter" product?
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Wednesday Highlights: Apple stock up, rocketing over $20 in trading following Q3 earnings announcement on Tuesday in which iPhone sales stole the show in Apple's $35.3 billion quarter; as Garret Sloane at the New York Post reports, iPhone numbers rebuts "notion...device is out of gas", and worry of iPhone sales drop due to high-end smartphone market saturation also put to rest; summary of Tim Cook's talking points at Macworld; China said to remain "huge opportunity" for Apple, but rivals in the country "offer more, for less"; GigaOM rounds out the software and services report in Apple's earnings; Chris Ciaccia sees the signs and numbers as pointing to Apple's rebirth; and at iMore, Chris Umiastowski believes the company is "doing fine", merely in a product cycle lull; earnings coverage throughout MacSurfer in content-appropriate sections; Cade Metz of Wired explores the tenuous relationship between Apple and Google, now being held together by a single thread; Carl Franzen dissects the "sudden patriotism" behind Apple and Google's quest to make more products here in the United States; MacNewsWorld reviews Ember, a digital scrapbook for your Mac; QuarkXPress 10 is a major overhaul of the publishing package, Macworld covers the details; Amsys shows how to disable warning Finder presents when you change a file extension; Joe Kissell ponders better ways to communicate in the Mac office; EA was Apple's biggest retail partner in Q3 seeing $90 million in revenue from iOS apps; 84% of tablet traffic on the web comes from iPads; curious how many MacBook Airs you could buy with $1.1 million?; more video surfaces of a purported plastic iPhone as compared to older, actual iPhones and iPod touches, more in our Hardware/Software section; DigiTimes reports next-gen iPad will have GF2 touch, and will drive market toward in-cell display tech; HotHardware reviews the new 13" MacBook Air; while LAPTOP mag compares Google's Nexus 7 with the iPad mini.
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Wed Jul 24
"Demand Woes Bite Apple: Strong iPhone Sales Fail to Reverse Decline in Profit, Amid Industry Slowdown" WSJ.com
7:15 AM
"This is Tim: Cook on iOS in the Car, iPhone prices, and low-cost devices"?Macworld?9:14 AM
"Demand Woes Bite Apple: Strong iPhone Sales Fail to Reverse Decline in Profit, Amid Industry Slowdown"?WSJ.com [Paid Membership Required]?7:15 AM
"Apple's $35.3B June quarter: What the analysts are saying/Pleased by iPhone, worried about iPad, Hong Kong. Summer product launch signaled?"?Fortune?7:28 AM
"Wall Street encouraged by Apple's strong iPhone sales & positive guidance, still awaiting new products"?AppleInsider?8:53 AM
"Surge in iPhone sales rings well with Apple investors"?Reuters?12:14 PM
"Apple exceeds estimates as it wards off smartphone assault"?Bloomberg News?8:20 AM
"Apple's China problem: Apple has long viewed China as its biggest growth opportunity. But it reported Tuesday that its sales in China are sliding."?CNNMoney?12:22 PM
"Cook: China market still a 'huge opportunity' for Apple, iOS"?MacNN?8:22 AM
"Apple wobbles in China as rivals offer more, for less"?Reuters?7:07 AM
"Apple's software and services report: Q3 update on iTunes, iCloud and apps"?GigaOM?8:52 AM
"Apple's R&D spend reaches record high; execs excited as new products loom"?Computerworld?12:04 PM
"Apple's magic act faces falling curtain as sales slow"?Financial Times [Paid Membership Required]?12:22 PM
"iPhone sales surge 400% YoY in India, with iPad sales on the rise too, says Apple CEO Tim Cook"?The Next Web?8:45 AM
"Apple Juggernaut Powers On, Despite Doubters: Investors and consumers are waiting for Apple's next breakthrough innovation"?Time?9:49 AM
"Apple's Secret Weapon: the iPhone 4/Three-Year-Old Smartphone Propels Company's Sales in Price-Conscious Markets"?WSJ.com [Paid Membership Required]?5:52 PM
"Electronic Arts' Top Retail Partner? Apple."?AllThingsD?5:51 PM
"The High-End Smartphone Market's Saturated? Not for Apple."?AllThingsD?7:35 AM
"Market saturation is not the reason behind the fall in iPad sales"?ZDNet?9:55 AM
"Tim Cook Notes That For Apple, iOS In The Car Is One 'Key Focus'"?AppAdvice?7:47 AM
"EA's biggest retail partner last quarter? Apple"?The Verge?8:42 AM
"Apple now EA's biggest retail partner, thanks to iOS: The company generated $90 million in mobile revenue last quarter, though it didn't say how that was split between Android and iOS."?CNET News?10:27 AM
"App Store becomes EA's biggest retail partner by sales for the first time in June"?9 to 5 Mac?10:28 AM
"Apple, Samsung Lead Q2 Smartphone Sales: Second-quarter sales results show Apple and Samsung leading a healthy smartphone market, while Blackberry struggles."?InformationWeek?12:13 PM
"Users More Likely To Share Web Content Via Their iPhone Than Any Other Mobile Device"?Cult of Mac?8:06 AM
"iPhone named 'Most Social Device,' leads mobile and desktop in Web content sharing"?AppleInsider?8:19 AM
"Report: iPad now Makes up 84% of Tablet Web Traffic"?PadGadget?8:22 AM
"Apple's iPad grabs 84 percent of tablet web traffic"?iDownload Blog?10:07 AM
"iPad Sales May Have Dropped, But It Still Dominates U.S. Tablet Web Usage"?Business Insider?4:46 PM
"Opera says iOS ads do well"?TUAW?11:13 AM
"JoyBits Says Bucking iOS-Android Game Duopoly Helped Doodle God Series"?AllThingsD?7:35 AM
"7 Countries where Windows Phone outsell iPhone"?IVC Post?10:19 AM
"This Is How Many MacBook Airs $1.1Million Buys"?Cult of Mac?8:06 AM
"Vine of angry woman in Apple Store goes viral: 'I was told by Apple Care that I could walk into a store and get the part!' shouts angry woman"?Macworld UK?8:40 AM
"Woman goes crazy in Apple store, Web laughs"?CNET News?4:40 PM
Non-Apple News
"Congress nearly shuts down NSA phone dragnet, in sudden 205-217 vote/Collecting every American's phone records: actually kind of controversial."?Ars Technica?8:25 PM
"Facebook earnings by the numbers: 819M mobile users/The company's Q2 report shows Facebook continuing to slowly gain more users while increasing its mobile advertising dollars."?CNET News?4:40 PM
"Facebook shares leap 20 percent as users, mobile ads climb"?Reuters?4:40 PM
"Facebook Beats Expectations on Strong Mobile Growth"?New York Times [Free/Paid Registration Required]?4:40 PM
"Royal Baby Malware Attacks: Hackers capitalize on mania for royal baby and upcoming zombie game; fake versions of real Android apps created via Master Key vulnerability found in China."?InformationWeek?12:13 PM
"Google launches Chromecast to stream video to your TV"?MacUser?6:25 PM
"Google announces 70m tablet activations, claims 1 in every 2 tablets sold in 2013 runs Android"?The Next Web?6:26 PM
"Google's new Chromecast dongle sells out on Play Store"?CNET News?12:54 PM
"This $200 Brute Force Bot Will Bust Your Phone's Pin in Hours"?Gizmodo?10:08 AM
"Shared.Com Takes On Mega, Dropbox With 100GB Of Free Storage Space"?TechCrunch?9:15 AM
"(Part of) Flipboard Is Now Available on the Web"?Techland?8:17 AM
"Best Buy preempts Google event with new Nexus 7 preorders"?CNET News?7:40 AM
"Pikmin to the rescue: Can Nintendo revamp revive Wii U fortunes?"?The Register?7:22 AM
"Why Sprint is taking its sweet time with 4G LTE: The partial rollout of LTE in New York is emblematic of the issues Sprint has had with its deployment. CNET gets behind the delay."?CNET News?7:08 AM
Publications/Podcasts
"ACM 214: AAPL Earnings, Apple Bets Big on Maps, Microsoft's Woes"?The Mac Observer?7:08 PM
"TUAW TV Live: Post-vacation blues episode"?TUAW?4:42 PM
"Ted Landau On The Apple Earnings Call, The Microsoft Surface, and Print vs. Web Publications"?MacVoices?4:35 PM
"MacBreak Weekly 360: Camera Rejection Kit"?iMore?8:41 AM
"Introducing Macworld's Upgrade Your Apps ebook"?Macworld?8:04 AM
Deal Brothers Daily Deal: Save $25 on 5th Gen 32GB Apple iPod Touch, Free Shipping
"New Nexus 7 display may offer preview of iPad Mini to come: The second-generation Nexus 7 has one of the highest pixel density displays for a tablet to date. Apple could opt for the same display technology in the iPad Mini Retina."?CNET News?8:57 PM
"Why Chromecast is such a big deal for Google, and a threat to Apple"?GigaOM?5:49 PM
"Law & Apple: Possible Samsung Settlement on the Horizon"?Mac|Life?5:52 PM
"Who Exactly is John Appleseed?"?MacTrast?4:47 PM
"Uncommon Comparisons Between Apple's App Store vs. Android's Google Play [Infographic]?MacTrast?4:43 PM
"Should your auntie buy an iPad?"?TUAW?4:43 PM
"Can Apple gets its mojo back without high iPhone gross margins?"?iDownload Blog?12:26 PM
"PadGadget's DIY iPad Project Spotlight: Make Your Own Moleskin iPad Cover"?PadGadget?10:52 AM
"Tablets, Seasonality, and Adoption Cycles"?Tech.pinions?10:44 AM
"Dead Steve Jobs 'touts rival Lenovo gear' from beyond the grave"?The Register?10:28 AM
"Office for iPad calls renewed after Surface RT write-down: Strategy of withholding Office from iPad and Android tablets isn't working, says analyst"?Computerworld?10:20 AM
"Is Demand for Apple Products High or Low? It Depends Who You Ask"?The Atlantic Wire?10:08 AM
"Apple's Biggest News On Tuesday Had Nothing To Do With Previous iPhone Sales"?AppAdvice?9:58 AM
"Apple's Quarter Was Better Than Feared, But There's Still Plenty To Worry About"?Daily Ticker?9:20 AM
"Nothing Has Changed at Apple"?TheStreet?9:20 AM
"Six reasons to buy an iPad"?Macworld?8:53 AM
"iPhone sales up 50% in the UK, because it's never been more affordable to buy one"?iMore?8:42 AM
"Has Apple found the Holy Grail of business strategy?"?AppleDailyReport?7:18 AM
"What Apple's Wacky Numbers Really Mean"?Mac 360?7:17 AM
Non-Apple
"I'm Going to Turn All My Instagram Pictures Into Oil Paintings"?Gizmodo?8:50 PM
"Why, this makes perfect sense. Netflix has had HTML5-based streaming for a while now?that's how they get to iOS-based devices and anything else that can't run Silverlight, the Flash competitor from Microsoft that never really took off."?Coyote Tracks?8:53 PM
"Chromecast isn't a Roku/Apple TV killer -- but at $35, it doesn't need to be"?CNET Reviews?7:13 PM
"Google goes after Apple in tablet education: Will Google find success in the educational field where Apple, apparently, has not? Here's Google's gambit."?CNET Reviews?6:52 PM
"Twitter's fake ads reawaken the existential angst we feel about using cloud services"?GigaOM?6:36 PM
"Police chief defends posting anti-government YouTube videos: Mark Kessler, police chief of Gilberton, Penn., insists it's his First Amendment right to post videos showing him shooting weapons, calling opponents 'libtards,' and criticizing Secretary of State John Kerry."?CNET News?6:36 PM
"Microsoft to allow developers to self-publish Xbox One games"?CNET News?4:40 PM
"How to Opt Out of Gmail's Emailed Ads: Gmail users who have switched to the new tabbed interface are getting Google ads in their inboxes. Here are two quick ways to get rid of them."?InformationWeek?4:39 PM
"Philosophical Dissonance Accounts For Microsoft's Surface RT Failure ? The 'Book Mystique"?MacPrices?3:31 PM
"Review: 24 hours with the HTC One Mini, small(er) in size but big in promise?"?The Next Web?8:45 AM
"Who's to blame for starving musicians ? Pandora or the middlemen?"?GigaOM?8:25 AM
"A Digital Life: The good, bad and gross of online grocery shopping"?GigaOM?7:46 AM
Humor/Cartoons
"The Netflix Cropping Worst Case Scenario"?Gizmodo?8:18 AM
"The real danger of the NSA spying on you"?The Joy of Tech [cartoon]?7:15 AM
"Michael Dell raises bid for Dell: Michael Dell and Silver Lake Partners increase their offer to $13.75 per share. But there's a catch."?Fortune?7:41 AM
"Dell Buyout Group Calls for Change in Voting Requirements: Founder, Silver Lake Suggest Abstentions, Which Currently Count as 'Nos,' Instead Don't Count at All in Tally"?WSJ.com [Paid Membership Required]?9:20 AM
"Michael Dell and Silver Lake boost offer for Dell to $13.75"?Financial Times [Paid Membership Required]?7:41 AM
"Michael Dell ups buyout offer; shareholder vote pushed off to Aug. 2"?CNET News?7:40 AM
"Dell founder seeks easier path to buyout offer"?Reuters?8:46 AM
"Michael Dell Sweetens The Pot In Bid To Seal Buyout, Raises Offer To $13.75"?Forbes?8:51 AM
"Michael Dell raises buyout offer for Dell by $0.10 per share, with new voting conditions"?IDG News Service?9:44 AM
"What's Behind the Increased Buyout Bid From Michael Dell and Silver Lake"?AllThingsD?10:51 AM
"Dell Founder Raises Takeover Bid"?New York Times [Free/Paid Registration Required]?8:46 AM
"Dell, Silver Lake sweeten bid to $13.75 per share; delays vote to Aug. 2"?ZDNet?9:55 AM
"Dell shareholders head in for second vote on Big Mike's plan"?The Register?7:22 AM
"Michael Dell and Silver Lake up buyout bid to $13.75; shareholder vote now Aug. 2"?VentureBeat?9:49 AM
"Final Proposal: Michael Dell And Silver Lake Just Boosted Their Bid For Dell"?Business Insider?8:11 AM
"Now It Looks Like The Dell Committee Is Playing Ball With Michael Dell"?Business Insider?10:06 AM
"Will Bill Gates Return to Microsoft? Not a chance. The guy is having too much fun living the high life to stumble back to CEO status."?PC Magazine?4:44 PM
"Why Microsoft Needs to Start Acting Like a Challenger Brand: It's Time for the Faltering Giant to Start a Food Fight"?Advertising Age?10:16 AM
"Microsoft is doomed, but first it's going to make a ton of money"?Washington Post [Free Registration Required]?10:16 AM
"Microsoft scrambles to quell a Windows Phone user insurrection"?FierceMobileContent?10:18 AM
"How NSA Data Demands On Microsoft Shape Your Security: Microsoft is legally prevented from saying too much about charges it collaborated with the NSA. Product security gets caught in this complex situation."?InformationWeek?10:16 AM
"Internet Explorer has the worst phishing catch rate of all major browsers"?BetaNews?7:46 AM
"Microsoft, Azul Partner to Bring OpenJDK to Windows Azure"?eWeek?10:15 AM
"Investors must reassess investments on Intel and Microsoft-analysts"?IVC Post?10:14 AM
"IBM pours WebSphere tech into Cloud Foundry cauldron"?The Register?7:28 AM
"IBM Standardizes On Cloud Foundry, The Open-Source Developer Platform"?TechCrunch?8:10 AM
"IBM Makes Pivotal Move to Support Cloud Foundry PaaS"?eWeek?10:15 AM
"IBM, Pivotal team up on open governance model for Cloud Foundry"?ZDNet?9:52 AM
"IBM throws its weight behind Pivotal's open source Cloud Foundry"?VentureBeat?8:27 AM
"IBM Seal Of Approval Boosts Cloud Foundry, Devs Win"?ReadWrite?11:08 AM
"HP and NEC Expand Enterprise Computing Alliance to Deliver Increased Reliability, Innovation to Customers"?Benzinga?11:10 AM
"HP Software to help Mindtree transform application testing business"?The Economic Times?11:10 AM
"Intel will offer 'Broadwell' SOC to battle Calxeda, AMD"?IDG News Service?11:05 AM
Finances
(Click heading for current Apple Stock price.)
Apple News
"Apple's 3Q FY13 Review (Padcast)"?asymco?4:48 PM
"Apple shares notch best day of 2013: Apple shares got a big boost Wednesday, one day after the company reported better-than-expected earnings and surprisingly strong iPhone sales."?CNNMoney?4:46 PM
"7 Reasons Why $AAPL Jumped 5.5% on Apple's Earnings Report"?The Mac Observer?3:33 PM
"Apple offsets iPad and Mac drop with record iPhone sales"?V3?10:21 AM
"Apple's $35.3B June quarter: What the analysts are saying/Pleased by iPhone, worried about iPad, Hong Kong. Summer product launch signaled?"?Fortune?9:59 AM
"Apple Inc.'s Transition Quarter: Soaring R&D, And Preparations For A Crucial Holiday Season"?Seeking Alpha?9:21 AM
"Apple Chart After Earnings: Not at a Bottom Yet"?24/7 Wall St.?8:53 AM
"Apple Inc.: Slightly Disappointed, But More Hopeful"?Seeking Alpha?8:51 AM
"Apple's Tax Rate Is Now 18%, Or 25%, Or 44%, Your Choice Really"?Forbes?8:51 AM
"Apple Q3: iPhone sales set new record for quarter while iPad sales slow"?Digital Trends?8:30 AM
"The Average Price Of The iPhone Took A Serious Drop Last Quarter"?Business Insider?8:11 AM
"Apple sells 31 million iPhones in 2Q13; announces fiscal 3Q13 results"?DigiTimes?7:43 AM
"Apple Inc.'s Slumping Unit Profits Spell Trouble"?Seeking Alpha?7:40 AM
"Apple Inc. Shares Are Likely Dead Money For The Balance Of Its Fiscal Year"?Seeking Alpha?7:19 AM
"IPhone chip designer's sales surge 24%"?CNNMoney?8:11 AM
Industry News
"Tech Stocks: Apple, EMC rise, but Broadcom drags on techs/Reaction to earnings is behind big gains, and losses on the day"?MarketWatch?3:34 PM
"Tech Stocks: Apple shares surge"?USA Today?10:13 AM
"Apple keeps Tech Stocks afloat"?CNNMoney?4:44 PM
"Stocks Pull Back From Record Highs"?TheStreet?4:45 PM
"Apple Beat, EU Data Lift Futures"?FOXBusiness?8:55 AM
"Stocks Close Lower: Mixed earnings reports weighed on shares"?WSJ.com [Paid Membership Required]?4:45 PM
"Stocks: Apple earnings lift spirits"?CNNMoney?7:28 AM
"Asia Markets: China stocks drop on downbeat data; India slides/Mainland Chinese stocks fell Wednesday after a gauge of the country's manufacturing sector dropped to a 11-month low, while Indian shares dropped after the country's central bank further tightened its policies to support the rupee."?MarketWatch?8:55 AM
"Europe Markets: European stocks rise after upbeat PMIs/European stock markets climbed on Wednesday after better-than-expected purchasing managers' indexes from the region spurred hopes about the economic recovery."?MarketWatch?8:55 AM
"Most active Nasdaq-traded stocks: Nasdaq's 10 most active stocks at 1 p.m."?Associated Press?1:15 PM
"Final Glance: Computer companies/Computer companies shares up at the close of trading"?Associated Press?9:18 PM
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