Apple announced its financial results for the second fiscal quarter of 2011, ended March 26 2011. Apple’s Q2 revenue was $24.67 billion with a net profit of $5.99 billion ($6.40 per diluted share). Its profits are up 95% compared to Q2 2010. Its gross profit margin has remained nearly the same at 41.4%, compared to 41.7% in Q2 2010.
The sales have been spectacular, with Apple selling 3.76 million Macs (28% increase YOY), 18.65 million iPhones (113% growth YOY) and 4.69 million iPads. iPod sales have been dropping though, with Apple selling 9.02 million iPods in the quarter, a 17% decline from Q2 2010. While the iPad may have dented netbook sales significantly, they haven’t cannibalized Mac sales at all.
The revenues and net profit have decreased over the previous quarter, but that is usually the case, due to the massive sales around the Christmas holiday season.
With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,said Steve Jobs, Apple’s CEO. We will continue to innovate on all fronts throughout the remainder of the year.
We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over $6.2 billion,said Peter Oppenheimer, Apple’s CFO. Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $5.03.
The results seem to have been received well by investors, with AAPL stock trading up to a high of 351.70 (up 2.71%) in after-hours trading. It is currently at 342.41 (up 1.35%). It now has cash reserves of $65.8 billion, and a market capitalization of $315.45 billion.
According to a report by AV Watch, Sony is apparently ending sales of the PSP Go portable gaming console in Japan. The PSP Go was launched in October 2009, and came with a new slider design, very different from the original PSP. Unlike its predecessors, it didn’t have a UMD drive, which was a flop anyway.
With the launch of the iPod Touch, Apple had taken a large chunk of the portable gaming market, but I don’t think that had much to do with Sony’s decision to kill the PSP Go, as Sony will continue to offer the PSP 3000 and it will also go ahead with the launch of the NGP, or the PSP 2, which should be launched by the end of 2011.
Sony recently launched the Sony Ericsson Xperia Play, which was largely inspired by the PSP Go, but came with phone capabilities and the Android OS. It is much better than the PSP Go, in terms of both, functionality and specifications.
One reason for the lack of popularity of the PSP Go could be its high initial price – $250 – which was higher than the PSP 3000. It was subsequently dropped to $199, but even then it failed to attract many buyers. Sony will continue to provide updates and support for the PSP Go.
Were you a big fan of the PSP Go? Let us know your views in the comments.
The HTC Flyer, HTC’s only Android tablet, was announced at MWC 2011. We have already stated before that the HTC Flyer will be priced at £599 in the UK. It has been available for pre-order since a month now.
Today, PC World just updated its product page to reflect the pricing and availability of the Wi-Fi only version of the HTC Flyer. It is priced at £479.99 in the UK, and is available for delivery from May 17.
The price has been dropped substantially from the £599 that the 3G version is priced at. It has been priced at exactly the same price point as the Motorola Xoom Wi-Fi, which is one of the first Android 3.0 Honeycomb tablets.
The HTC Flyer is one of the few new tablets which doesn’t run Honeycomb; instead, it runs Android 2.3 Gingerbread with the HTC Sense UI. HTC has announced on Twitter that it will be getting a Honeycomb update soon.
The HTC Flyer comes with a 7 inch capacitive touchscreen display with a resolution of 1024 x 600 pixels. It has a 1.5 GHz processor and 1 GB RAM. It comes with 32 GB internal storage and a 5 MP camera. It also has Bluetooth 3.0, Wi-Fi 802.11 b/g/n and GPS.
The Samsung Galaxy S was the best Android smartphone of 2010. In fact, it was so successful, that Apple probably views it as a threat now, which is evident from the patent infringement lawsuit it has filed against Samsung.
The Samsung Galaxy S 2 was announced at CES 2011 and has had millions of Android fans salivating already. It is better than the Galaxy S in almost every way. It has a bigger display, faster processor, more RAM, better UI and offers everything you would ever want in a phone.
The Samsung Galaxy S 2 will be launching in May, but we hadn’t seen any ads or commercials of it yet. Well, today, Samsung has officially released the first commercial of the Samsung Galaxy S 2 on its Youtube channel. It’s not the best ad I’ve seen, but quite accurately conveys how realistic the SuperAMOLED Plus display is.
Here it is:
The Samsung Galaxy S 2 comes with a 4.3 inch SuperAMOLED Plus display with a resolution of 480 x 800 pixels. It is powered by a 1.2 GHz dual core Exynos processor and offers 1 GB RAM and 16 GB internal storage. It has Android 2.3 Gingerbread with the TouchWiz 4.0 UI. It also has an 8 MP camera with autofocus and LED flash which can capture 1080p videos at 30 FPS. It comes with a 1650 mAh Li-ion battery.
The Blackberry Playbook, which was announced months ago, is finally available for purchase. The Playbook has been priced at $499 for the 16 GB version, $599 for the 32 GB version and $699 for the 64 GB version, just like the iPad 2.
The Blackberry Playbook was made available to many reviewers a week back, and most of them didn’t like it very much. Though it is a very good attempt, it just can’t beat the iPad 2 yet. The iPad 2 is not only bigger, but also offers about 65,000 apps, while the Playbook offers almost none.
Without a native calendar, email client or the promised Android app support, currently, it’s not a very good option. However, with some updates and more apps, it should offer a good alternative to the iPad 2.
The Blackberry Playbook come with a 7 inch capacitive touchscreen display with a resolution of 1024 x 600 pixels. It has a 1 GHz dual core processor and 1 GB RAM, and comes with a 5 MP primary camera which can record 1080p video and a 3 MP front-facing camera for video calls. It offers Bluetooth, Wi-Fi and GPS support as well. Now only if it had a lot of great apps, it would be worth the price.
The Motorola Xoom is currently the only major Android tablet on the market which runs Android 3.0 Honeycomb. All the other Android tablets are either mediocre, or run Android 2.2 Froyo, which isn’t meant for tablets.
LG announced the T-Mobile G-Slate at CES 2011, but it had just dropped off the radar after the initial announcement. It was spotted again at CTIA 2011, where we had done a quick hands-on of the Android tablet.
Today, TMONews has confirmed the official launch date for the T-Mobile G-Slate. The G-Slate will be launching on April 20, with the T-Mobile G2X and the Sidekick 4G.
The LG T-Mobile G-Slate comes with an 8.9 inch display with a 1 GHz dual core processor and 1 GB RAM. It is powered by the Nvidia Tegra 2 platform and comes with dual 5 MP cameras at the back for 3D video capture, and a 2 MP camera in the front for video calls. It offers 32 GB internal storage and is expected to be priced starting at $529.99. It offers Bluetooth, Wi-Fi and 4G connectivity and comes with Android 3.0 Honeycomb.
Apple is hitting Samsung with a patent infringement lawsuit, alleging that the Galaxy smartphones and tablets by Samsung infringe on Apple’s patents relating to the iPhone and the iPad.
According to the suit filed on Friday in the US District Court in Northern California, Apple is seeking injunctions, actual and punitive damages from Samsung.
“Rather than innovate and develop its own technology and a unique Samsung style for its smart phone products and computer tablets, Samsung chose to copy Apple’s technology, user interface and innovative style in these infringing products,” the lawsuit said.
There has been no response from Samsung regarding the lawsuit. The mobile industry is currently fraught with lawsuits, the most notable ones being the ones between Apple and Nokia, Oracle and Google and Microsoft and Motorola. This lawsuit, however, is very interesting, because Samsung supplies components for multiple Apple products.
It’s very likely that this case will be settled between the two parties with some money exchanging hands, as is generally the case with such lawsuits.
Here are some images comparing the Galaxy S to the iPhone 3GS, which were included in the lawsuit.
Apple has always followed a strict release cycle for almost all of its products. The iPhone, for example, has always been launched around June. The iPhone 4 was launched in June 2010, and the iPhone 5 was also expected to be launched in June this year, at WWDC 2011.
However, Apple has stated that WWDC 2011 will focus only on the future of iOS and Mac OS. Any hardware announcements, including the iPhone 5, seem unlikely in June.
According to rumors, Apple will probably start mass production of the iPhone 5 in September, with a subsequent release soon after, possibly before the end of 2011. Today, an analyst with Concord Securities has revealed more (rumored) details about the iPhone 5.
Apparently, the iPhone 5 will have an 8 MP camera and will be powered by the Apple A5 processor, the one in the iPad 2. It will also be switching to a Qualcomm baseband for both GSM and CDMA models. There will be an improved antenna, which was obviously needed after the whole Antennagate fiasco, but the design will more or less be the same as the iPhone 4, with minor modifications.
The report also states that we may see a small preview of the iPhone 5 at WWDC 2011, but I believe that the event will focus mostly on iOS 5 and Mac OS X 10.7 Lion.
As far as predictions go, I also expect the iPhone 5 to have a larger 4 inch display, 1 GB RAM and 4G connectivity.
Just when we thought that the megapixel wars were finally over, and that the manufacturers would now focus less on the megapixel count and more on the overall picture quality, HTC seems to be getting back to bumping up the megapixel counts on its phones.
A new leaked ad suggests that HTC is working on a 16 MP camera phone powered by Windows Phone 7. The current camera megapixel standard seems to be be 8 MP, with most new high end smartphones featuring 8 MP cameras. Nokia’s N8, which currently offers the best camera in smartphones, has a megapixel count of 12. The Altek Leo, a relatively unknown phone, has a 14 MP camera. A 16 MP camera would beat all the existing devices, at least in terms of image capture resolution.
The HTC device in the ad, which looks very similar to the HTC Desire S, will have a dual LED flash, and likely autofocus. No other details about the new device have been revealed yet. I hope that the HTC device doesn’t just top the current generation of phones in terms of megapixels, but also in terms of overall image capture quality.
For more details about the 16 MP HTC WP7 smartphone, head over to Pocketnow.
While the iPhone’s growth seems to have peaked in percentage terms, Android and Windows Phone 7 are expected to grow a lot, with them taking the top two positions in the worldwide mobile market by 2015, according to a recent report by Gartner.
Nokia is working hard to release Windows Phone 7 devices, and it seems that it’s not the only one. Today, images of yet another Windows Phone 7 device by HTC was leaked. The guys at XDA have leaked some pictures of the HTC Mazaa, a new Windows Phone 7 device by HTC, which is supposed to be launched soon. It will be available on Sprint in the next 6 months.
It seems to have a 3.7 inch capacitive touchscreen display and will likely have a 5 MP camera with a single LED flash. It might sport DDR2 RAM. The device sports an IMEI number, so it is a GSM phone, most likely the first Windows Phone 7 “world phone”.
No other details about the device are out yet, but here are some high resolution images for you to feast your eyes on.