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Economies Of Scale As A Service

Credit where it's definitely due: this post was inspired by a Twitter conversation with Box CEO Aaron Levie. Don't look now, but something remarkable is happening. Instagram had twelve employees when it was purchased for $700 million; all of its actual computing power was outsourced to Amazon Web Services. Mighty ARM has only 2300 employees, but there are more than 35 billion ARM-based chips out there. They do no manufacturing; instead they license their designs to companies like Apple, who in turn contract with companies like TSMC for the actual fabrication. Nest Labs and Ubiquiti are both 200-employee hardware companies worth circa $1 billion...who subcontract their actual manufacturing out to China.

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Found 3 weeks ago on channel TechCrunch

Apple Q2 '13 Intl Sales Were 56% Of Total Revenues; China Had “Best Quarter Ever” At $8.8B

Apple today posted Q2 earnings that beat estimates at $43.6 billion in sales that showed that while the Americas, led by the U.S., remains the company's single biggest market, Asia, led by sales in China, continues to show the strongest growth amidst weakened demand at home and in Europe. Overall, international revenues outside of the Americas were $24.3 billion, or 56% of the total for the quarter.

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Found 3 weeks ago on channel TechCrunch

Nokia Q1 2013 Misses With Sales Of $7.6B With $0.03 Loss Per Share; 5.6M Lumias Sold

Nokia has just reported is results for Q1 2013 with sales of $7.6 billion and a non-IFRS loss per share of $0.03 (and a reported EPS of $0.09) — a mixed result compared to analyst estimates, who had expected a loss per share of $0.05 on revenues of $8.65 billion (€6.6 billion). That estimated loss per share is effectively half of what it was a year ago, when Nokia posted a loss of $0.08 per share. Nokia’s operating loss was $196 million, and while that’s down into the red again compared the previous quarter, when it posted an operating profit of $557 million, it’s a very significant improvement on a year ago, when its operating loss was $1.7 billion. Similarly, operating margin for the quarter was negative 1.5%, a reversal on the 6.8% of last quarter, but much better than the negative 5.1% of a year ago. Analysts had also estimated that Nokia would report sales of 5.6 million Lumia devices for the quarter, and there Nokia was right on target, noting that the 5.6 million Lumias ...

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Found 1 month ago on channel TechCrunch

Apple And Google's App Stores Now Neck And Neck – Except On The Metric That Matters Most To Developers: Revenue

On nearly all fronts, Apple’s App Store and Google’s Android marketplace, Google Play, are essentially tied. Apple offers some 800,000+ apps, Google claims 700,000 officially, but third-party reports peg it much higher. Google Play is also now growing at a faster rate than iOS’s App Store, in both downloads and revenues. And Google Play reached close to 90 percent of the iOS App Store downloads in Q1 2013. But there’s one area where Google isn’t winning yet: revenue. According to a new report from app analytics firm App Annie, the iOS App Store has maintained its lead in terms of monetization, earning around 2.6 times more revenue in the last quarter. During the holiday season – when users are receiving, activating and then filling new smartphones and tablets with apps – that lead was even higher, with iOS generating roughly four times more revenue. The U.S. and Japan are leading the revenue drive in Apple’s App Store, though that could change in the near-term. Last year, ...

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Found 1 month ago on channel TechCrunch

Apple Changes The Way It Breaks Out China, App Store, Accessory Revenue

If you look at the data sheet that Apple reports along with its standard earnings release, you’ll notice a few changes this quarter. The company adjusted how it reports revenue for different geographic regions and product categories as China and app store revenue have become significant in their own right over the last few years. (You can compare how this past quarter’s reporting looks compared to the one before with the images at the top and bottom of this post.) The company started breaking out China as a standalone region, after including it for years in a group called “Asia-Pacific,” which excluded Japan. Because Apple’s business has blown up there over the past few years, and China contributed $6.8 billion last quarter, the company is showing it as its own category. That’s more than the $4.4 billion in revenue Japan produced last quarter. “We have established a new operating segment for China, given the contribution of that region to our business,” said chief financial ...

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Found more than 1 month ago on channel TechCrunch