Apple Reports Fiscal Year 2013 Third Quarter Financial Results, Sell Record Number of iPhones

Subject: General Tech | July 24, 2013 - 03:48 AM |
Tagged: OS X, mac, iphone, financial results, apple

Apple announced its financial results for its fiscal year 2013 Q3 yesterday, and it performed well. Note that Apple’s fiscal Q3 2013 quarter ended on July 29, 2013.

Apple reported fiscal Q3 2013 revenue of $35.3 billion, and net profit of $6.9 billion. That works out to $7.47 per diluted share. During this quarter, Apple held its annual WWDC, and announced new operating systems for both its mobile and desktop products. The company sold 31.2 million iPhones (a record for Q3) 14.6 million iPads, and 3.8 million Macs. It sold slightly fewer iPads and Macs than the same quarter last year, but significantly more iPhones.

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Compared to the same quarter last year, Apple increased overall revenue but saw less net profit and EPS. In fiscal Q3 2012 Apple has revenue of $35 billion, net profit of $8.8 billion, and EPS of $9.32 per diluted share. In FY Q3 2012, Apple sold 26 million iPhones, 17 million iPads, and 4 million Macs.

  FY'13 Q3 FY'12 Q3 (YoY) Future Outlook
Revenue $35.3 billion $35 billion $34 to $37 billion
Net Profit $6.9 billion $8.8 billion  
EPS $7.47 $9.32  
Gross Margin 36.9% 42.8% 36 to 37%
iPhones Sold 31.2 million 26 million  
iPads Sold 14.6 million 17 million  
Macs Sold 3.8 million 4 million  

Apple has announced, as a result of its third quarter performance, a $3.05 dividend per common stock to be paid on August 15, 2013. It had $7.8 billion cash flow in FY 2013 Q3 and returned $18.8 billion of cash to shareholders in the form of dividends and share repurchases.

According to Apple, the company's outlook for its fourth quarter is promising, with expected revenue between $34 billion and $37 billion with a gross margin of between 36% and 37%. Apple expects to release both iOS 7 and OS X Mavericks later this year along with new products (like the new Mac Pro) this fall and next year.

Source: Apple

WWDC, not WWSJD

Subject: General Tech | June 10, 2013 - 10:01 AM |
Tagged: apple, ios 7, mac, wwdc

If you are wondering what is going on in the computer world on the other side of the fence, you are either watching the live stream from Microsoft (which will not always be on, regardless of their slogan), or you are wearing a black turtleneck and counting down the hours until the big reveal.  Apple is, as always, rather secretive about what the next new release is but The Inquirer has a few well informed hypothesis about what you can expect.  The most interesting will probably be the new operating systems, the new iOS, the first mobile interface designed by Jony Ive and likely to be somewhat different from previous incarnations.  Desktop devices will also be seeing a new interface with the arrival of OS X 10.9, this will likely not change to the extent of the mobile version but it might arrive on a peice of new hardware for you to salivate over.  Their last informed guess is the arrival of iRadio to compete with Spotify and other streaming providers, though completely conjoined to your iTunes account

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"SOFTWARE GIANT Apple's Worldwide Developer Conference (WWDC) is just a few hours away, with excitement building over what analysts are calling Apple's most important announcements to date.

The firm is widely expected to unveil its next generation iOS and Mac operating systems, as well as its long-awaited Spotify rival, so here's a rundown of what we can expect."

Here is some more Tech News from around the web:

Tech Talk

Source: The Inquirer

Adobe Releases Free Photoshop CS6 Beta With New Features

Subject: General Tech | March 26, 2012 - 05:55 AM |
Tagged: windows, software, photoshop, mac, editing

Adobe, the company best known for its popular prosumer photo and video editing suites and Flash player recently released a free beta version of its upcoming Photoshop CS6 photo editing software. Available for both Macintosh and Windows, the downloads are now up for grabs and should be good until the final version of Photoshop CS6 is released (later this year). The company also released a video demonstration of Senior Creative Director Russel Brown showing off several of the new features in CS6. The big new features of CS6 include the new Content Aware Move (and Fill), improved crop, new blurs, RAW 7.0 support, and adaptive wide angle lens correction. The video below shows how the new features work to enhance photos.

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The Photoshop CS6 Interface

I downloaded the 64-bit version for Windows and tried out the new features. The first thing I noticed is that the tool tips seem a big buggy and can take a few tries to get them to show up. Also, in the Video Mr. Brown clicks on the Content Aware Move tool on the left but in order to actually get to it, you need to right click on the move icon as the default left click action is not for the Content Aware option. After I figured that out -- and this may indeed be common knowledge for Photoshop users, but was not for someone used to GIMP and Paint.net -- I found that the new features were pretty cool and it ran fairly quickly on my system. I would like to see the icons be a bit larger but otherwise the interface was snappy and while I stumbled at some points I think it has more to do with being used to how my usual photo editors work rather than an inherent problem with Photoshop’s interface.

I have to say that the Content Aware tools are pretty neat, and in no time I had a fleet of Corgi puppies running around the yard!  And the Content Aware Move tool allowed me to move the corgis around without needing to go back and try to clone the grass back in (which I've never been too good at, heh).  Granted this is something that was do-able in the past but it required quite a bit more work!  It is not perfect, but it is pretty darn good for an automatic process.  I was not able to test out the improved RAW support, however. The video demo made the feature look cool and I’m sure people will find it very useful. The adaptive wide angle feature further will be very useful for correcting the fish eye effect and other distortions with minimal effort. The ability for it to pull lens profiles from metadata to assist in correcting the distortion is pretty neat.

The downloads weigh in at 1.7 GB for the Windows .zip and 984 MB for the Mac .dmg file respectively. The Windows download also includes both the 32-bit and 64-bit versions. Both downloads are available here.  The beta further includes both CS6 and CS6 Extended features, though the extra features will only be included in the Extended version when the retail version is released.

Russel Brown shows off new features in Adobe's Photoshop CS6.

Source: Adobe

Apple brings OS X Lion to the masses

Subject: General Tech | July 20, 2011 - 10:52 AM |
Tagged: osx, macbook, mac, lion, imac, apple

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Mission Control (Courtesy of Apple)

Apple released their latest operating system dubbed OS X Lion today that includes more than 250 new features the company states will make dramatic improvements to how users interact with Apple's entire line of computer systems. The $29.99 upgrade includes several new features like multi-touch gestures, full-screen apps, a new Mission Control section, and a new location for Mac apps called LaunchPad.

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LaunchPad (Courtesy of Apple)

Apple expanded OS X's ability to view installed applications through a new program called Launchpad. Launchpad allows users to see all of their apps on one screen gives you instant access to all the apps on your Mac. Previously, loaded apps were viewed in a smaller window and now Launchpad will use all the screen real estate more efficiently to show users all their apps at one time. 

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Apple Mail (Courtesy of Apple)

OS X Lion also showcases a redesigned Mail program that uses a widescreen view to show message lists in modular sections that are more intuitive to read and use. Another section called Conversations gives users a basic timeline to show threads of messages from specific people. The revamped program also includes search suggestions and search tokens to make finding archived or buried e-mails alot simpler than clicking around for them.

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Apple Server (Courtesy of Apple)

Another interesting feature Apple added is the OS X Lion Server that provides more control over user and administerator permissions versus the previous Server app. This program can basically turn almost any Mac into a basic server with secure options for remotely managing computers running Lion and other iOS devices like iPhones and iPad2s. Server admins can also send updates to all their users wirelessly through push notifications. Apple also made many improvements to the OS's file sharing options and to other programs like Wiki Server, iCal Server and Mail Server.

The OS X Lion upgrade can be purchased from the Mac App Store or online at Apple.com for $29.99. The entire download weighs in at around 3.49GB, which is a pretty significant update that should give many users more flexibility in how their use and interact with their Apple systems.

Source: Apple