Feeds

Unlocked iPhones help drive Apple Q2

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

Top three mobile application threats

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. ®

Application security programs and practises

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.