Apple’s profits increased with 118%
The U.S. technology company Apple reported impressive profit growth during the last quarter of 2011. A positive result was up an impressive 118 percent annually, mainly due to strong sales of the iPhone. For the last three months of 2011 Apple's profit was 13.1 billion USD or 13.87 USD per share. This is achieved well below the same period in 2010 6 billion USD or 6.43 USD per share. Revenues founded by the late Steve Jobs company have dropped by 73 percent to 46.3 billion USD. The expectations of analysts was for Apple to make a profit of 10.08 dollars per share on revenue of 38.85 billion, Reuters poll shows. During the quarter were 37.04 million units sold iPhone, which is well above the forecast 30 million sales. In iPad sales are 15.43 million pellet in expectations for sales of 13.8 million units. Between sold 5.2 million computers and Mac. For this quarter, Apple expects 32.5 billion dollars in revenue and earnings per share of 8.5 USD. The analysts predict that the company achieved sales of 32 billion USD and profit of 8.02 USD per share. After the publication of the report, Apple shares have shot literally, in extended trading hours was recorded a jump of nearly 8 percent to over 452 USD per share. So the company's market capitalization by nearly 30 billion USD to over 420 billion USD within minutes.
Samsung surprised with strong profit increase
The electronics giant Samsung cemented its position as market leader in smartphones with unexpectedly good financial results. On Friday, the Korean company said its outlook for the fourth quarter, exceeding analysts' expectations in terms of profit, and with regard to sales revenue. The leading driver of profit growth in the amount of 73% over the previous year were a record high sales of mobile phones, as concern has sold 35 million devices. So in this segment significantly ahead of Samsung American rival Apple and remains the largest technology concern in the world with regard to income. Between October and December Samsung expects operating profit of 5.2 billion won (about 3.5 billion), while analysts polled by Reuters had expected 4.7 billion won. This may be the highest profit in the history of the concern. Revenues are expected to be around 31 billion euros and thus also significantly surpassed expectations. In late January, Samsung will present its detailed financial data. The experts had expected really strong performance. In fact, Samsung is struggling with weak market for memory chips, where the company is also a world leader. But customers were convinced of smartphones Koreans. Here, competitors such as HTC, Nokia and Research in Motion has not fared with their latest devices.
The financial report of Apple surprised all analysts
In the second fiscal quarter for Apple the company's sales have risen to 28.6 billion dollars, said the largest market value of U.S. technology corporation, quoted by Financial Times Deutschland. The analysts had expected lower profit in the financial report to 3.6 billion USD result.
"We are excited about the fact that we can send its best quarter ever", said the CEO Steve Jobs at the company headquarters in Cupertino. The net profit has risen more than doubled from 3.25 billion to 7.3 billion dollars. The turnover is mainly due to record sales of iPhone and iPad. Apple sold 20.3 units of mobile phones, 9.3 million units tablets and nearly 4 million computers Mac. The investors apparently believe in the good times to the company. In the trading session after the shares jumped almost 7% and their price went from $ 400 limit. The trading was suspended because of high demand. Previously, Wall Street Journal reported that some of Apple's directors have held meetings with companies hiring for the manager to decide who can succeed Steve Jobs at the helm of the company. At least once a name has been referred to the head of one of the other known technology companies. The paper refers to knowledgeable sources, and Jobs himself has denied the news. According to the sources of Wall Street Journal it's very preliminary talks, whose purpose was rather to see the possibilities before the concert, rather than to immediately find a new CEO.
Nokia with good quarterly financial report with the support of Apple
The payment of licenses by rival Apple brought the global market leader Nokia mobile phones surprisingly high profit for the quarter. In the second quarter Finnish corporation has recognized a profit of 391 million EUR. But the profit comes with the support of Apple. After nearly two-year patent dispute in June the two companies signed a court agreement that require Americans to pay a fine of solid European rival. Furthermore, both manufacturer and signed license agreement, which requires Apple to pay regular fees of the Finns. The results are much better than analysts' expectations that they expected to vary widely - from loss of EUR 35 million to a modest profit in 285 million. Fallen into crisis Finnish manufacturer has reported a loss it is in business due to falling mobile phone sales - there is a net loss of EUR 368 million. Sales revenue fell by 7% to 9.3 billion EUR. According to CEO Stephen Elap "challenges in the strategic transformation proved bigger than expected."
Particularly lucrative market for Nokia smartphones go about giving up leadership of Apple - the Finns have sold 16.7 million units, and Apple - more than 20 million total, with 88.5 million units for the second quarter, Nokia has managed to sell a significant fewer gadgets than the previous year (111.1 million). The average value of units sold was 62 euros. In its financial analysis of Finns speak of "strong price war."
Nokia kept its profit and market stake in the first quarter
Nokia remained almost unchanged profit for the first quarter of this year compared to the same period last year, although still lagging behind in the highly competitive market for smartphones. The largest mobile phone manufacturer in the world reported 1.4 percent drop in profit to 344 million for the three months to the end of March. A year ago, was a positive result of 349 million EUR. The Nokia's profit was more than 177 million predicted by analysts. The sales of the Finnish company rose by 9.2 percent annually for the period to 10.4 billion. In recent months, based on Symbian OS mobile phones of Nokia lost market positions of the Apple iPhone and smartphones with mobile system to Google - Android. Earlier this year, Nokia decided to rely on the operating system of Microsoft, which is designed for mobile - Windows Phone 7 as the basic software for their smartphones. The CEO of Nokia Elap Stephen, a former manager at Microsoft, agreed to a partnership with software company in February. The shares of the Finnish company, however, fell 27 percent from 11 February, when it was announced the agreement with Microsoft. In today's session, their price fell by 0.7 percent to 5.90 euros on the Helsinki Stock Exchange, valuing the company of 22.2 billion.
RIM increased its profits wil 31% due to strong sales of Blackberry
The manufacturer of smartphones Blackberry - Canadian company Research In Motion (RIM), reported 31 percent jump in profit last quarter thanks to strong sales of the Blackberry. The net profit of the company increased to 934 million dollars for three months until 26 February, which represented the fourth financial quarter of Research In Motion, says Wall Street Journal. An year ago, the positive financial result was the amount of 710 million dollars. The company's revenues rose to 5.55 billion dollars for the fourth quarter compared with 4.08 billion a year ago, making an increase of 36 percent. The reason for this lies in the good sales of smartphones BlackBerry, although at the beginning of this year they were ousted by U.S. market share of mobile phone operating system Android. Within the relevant quarter RIM sold about 14.9 million smartphones BlackBerry, and the number for the whole financial year increased to 52.3 million for the year RIM net profit of 3.4 billion dollars, up 47% more than the previous financial year. Revenues amounted to 19.9 billion dollars, an increase of 33 per cent from the previous year. In April the market in the U.S. and Canada is expected to hit the long awaited tablet RIM - Blackberry Playbook. He will compete with iPad of Apple, it will be sold at similar prices.
Sony-Ericsson disappointed with weak profit report
The Swedish company producing mobile phones Sony Ericsson announced the minimum profit you, and revenue was much weaker than the preliminary expectations analysts. In the last three months of 2010 the company achieved a profit of 8 million, after the same period of last year had registered a loss of 167 million. However, sales fell from 1.75 billion in the last quarter of 2009 to 1.53 billion euros for the same period of 2010. Between Sony Ericsson sold 11.2 million mobile devices, down from 23 per cent annually. Meanwhile, despite the company that is directed to the more expensive class phones - smartphones, the average selling price fell by 12% compared to third quarter to 136 euros per unit. Pretty disappointing performance of Sony Ericsson at the end of the year, despite the exceptionally strong sector-Christmas period, sales have not reached the outcome of the third quarter. Then they went up to 1,6 billion. This shows that the company is losing ground against the remarkable growth in sales of smartphones to Apple iPhone, which increased by 86% yoy to 16.2 million units last quarter of 2010 on an annual basis.
Apple reported 78% profit growth
The strong 78% jump in profit for Apple in the last quarter of 2010, boosted by purchases of the iPad, iPhone and Mac in the weeks around Christmas, calm the concerns of investors about the prospects of the company after its CEO Steve Jobs withdraw temporarily for health reasons. The Apple's net profit for the three months to 25 December that the company appear first fiscal quarter increased to $ 6 billion, or 6.43 dollars per share, from 3.38 billion dollars or 3.67 dollars per share, a year earlier. The projections for the profits and sales during the current quarter also exceeded analysts' forecasts. The Apple's sales increased strongly by 71% yoy to a record 26.7 billion dollars over the quarter thanks to a new model of iPhone 4S, Tablet PC iPad and new laptop Macbook Air. According to the Chief Financial Officer Peter Oppenheimer, Apple sales the company has not reached its full potential because of the inability to produce more smartphones. The analysts said the strong results, Apple will help shift the focus from the health of Steve Jobs on Apple's ability to generate revenue in the long term. The shares of Apple rise in price by 1.3 percent to 344.90 dollars in times of today's electronic trading exchange Nasdaq. The management expects revenues in the quarter to go up to $ 22 billion and earnings per share is 4.47 dollars. Within the last quarter Apple sold 7.33 million iPads, 16.2 million from iPhones and 4.13 million Mac computers and 19.5 million in the music player iPod.
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