No. 1 Story

Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

read more

Strong Mac sales bolster Apple results

IT Industry - Strategy

Apple has delivered solid results for its March quarter, led by Mac sales.

The company shipped more than 2.2 million Macintoshes, 51 percent more than in the year-ago quarter.

iPod growth was weaker at one percent year-on-year, and unit sales of 10.6 million were less than half of those in the December quarter - no surprise there, as many iPods are purchase as Christmas presents.

Similarly, iPhone sales dropped from 2.3 million to 1.7 million since the previous quarter, leaving Apple with a lot of work to do in order to reach its own 10 million unit target. The expected arrival of the 3G iPhone and its launch in additional countries should help.

Overall, Apple reported revenue of $US7.51 billion and net quarterly profit of $US1.05 billion. Analysts had expected revenue of around $US7 billion.

"We're delighted to report 43 percent revenue growth and the strongest March quarter revenue and earnings in Apple's history," said CEO Steve Jobs. "With over $17 billion in revenue for the first half of our fiscal year, we have strong momentum to launch some terrific new products in the coming quarters."

The company is sitting on a huge cash balance of $US19.4 billion.

Some of that has been put to use with the acquisition of semiconductor design firm PA Semi.

Loading comments ...

- sponsored feature -

The Death of Traditional BI: What’s Next?

How to Make Business Discovery Work for Your Business IP PABX BUYING GUIDE

Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more