Feeds

Unlocked iPhones help drive Apple Q2

Don't cry for me AT&T...

Top 5 reasons to deploy VMware with Tegile

Announcing its second quarter financial results today, Apple confirmed the obvious by saying a "significant" number of iPhones are being purchased from its outlets with the express intention of unlocking them. That trend, coupled with higher-than-expected demand, has resulted in inventory shortages, the company claimed.

COO Tim Cook refused to provide a precise figure on the number of unlocked phones, but put a positive spin on the hacks telling Wall Street investors that this is an indicator of worldwide interest in the iPhone.

Overall, Apple claimed 1.7m units sold, creating revenue of $378m from handsets, accessories and money from carriers. The company says it is on target to hit 10m iPhones sold this calendar year.

For the three months to 29 March, Apple reported $1.04bn in net income, an increase of 35.7 per cent, on $7.51bn revenue - up 42 per cent. Earnings per diluted share came in at $1.16, compared to $0.87 for the year-ago quarter.

It was the Mac that propelled Apple towards one of its best quarters in terms of revenue. Apple shipped 2.28m Macs, representing 51 per cent unit and 54 per cent revenue growth over last year, and 10.64m iPods, a one per cent unit growth and eight per cent revenue growth.

You can plow through the financial details here.

Apple hailed strong interest from developers in business and academia for its iPhone development programme. One third of Fortune 500 companies and 400 higher-education institutions have joined the iPhone app effort, Apple told investors.

Separately, Apple declined to comment on its reason for the $278m purchase of PowerPC chip designer PA Semi, saying only that it buys small companies from time to time. ®

Beginner's guide to SSL certificates

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.