Thursday, April 26, 2012

WWDC 2012 Announced For June 11-15, Sold Out In 2 Hours

Apple holds their World Wide Developer Conference every year to bring together a community of developers and announce new products and software. Last year, Steve Jobs announced iOS 5 and iCloud at the event and years before more important updates have been made, including the unveiling of the iPhone 4.

Tickets for the event went on sale for $1599 earlier today, since then Apple has sold out of their 5000 ticket quota. The event is to be held June 11-15 in San Francisco so expect updates on Apples products around then. There have been rumors of a new iPhone, however, nothing is for sure.  Other rumors indicate that a new version of the MacBook Pro, MacBook Air, or Mac Pro may be announced during the event. As always we will have more information as it come out so check back later.

The HackStore Launches, Download Now For OS X

A few weeks ago we made a post about a alternative to the OS X App Store named the HackStore. Just today, the first public version was released and is now available for download. While the application implements an interesting concept, first impressions leave you with the feeling that the program was rushed and not as incredible as we had previously hoped.

To start, the home screen contains huge banner ads that have no relation to the store itself. Additionally, most of the icons used are either found online, or poorly copied from Apple, and to make things worse, the download buttons merely open a browser window where you can separately look for another download button. With little functionality I would recommend that you wait for improvement before downloading.

Apple Reports Record Q2 2012 Earnings, Nearly $40 Billion In Revenue

Today was Apple’s quarterly earnings call with investors, and, it what is becoming the usual, Apple blew away all expectations. They announced $39.2 billion in revenue, and $11.6 billion in net profit. All unit sales are up from the quarter a year ago, with iPad sales jumping 151% to 11.8 million units. 35.1 million iPhones were sold, along with 4 million macs and 7.7 million iPods.

Despite a steady decline in Apple’s stock over the past weeks, the price has jumped up over 40 points in after hours trading, as buyers are clearly impressed with these earnings.

Here is the full release:

Record March Quarter Sales of iPhones, iPads and Macs

Net Profit Increases 94% Year-over-Year

CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter”

The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

“Our record March quarter results drove $14 billion in cash flow from operations,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”

Apple will provide live streaming of its Q2 2012 financial results conference call beginning at 2:00 p.m. PDT on April 24, 2012 at This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and diluted earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2011, its Form 10-Q for the fiscal quarter ended December 31, 2011, and its Form 10-Q for the fiscal quarter ended March 31, 2012 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.

NOTE TO EDITORS: For additional information visit Apple’s PR website (, or call Apple’s Media Helpline at (408) 974-2042.

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