Apple Reports Third Quarter Results

Apple reports financial results for its fiscal 2013 third quarter ended June 29, 2013.

CUPERTINO, California—July 23, 2013—Apple® today announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.

The Company sold 31.2 million iPhones, a record for the June quarter, compared to 26 million in the year-ago quarter. Apple also sold 14.6 million iPads during the quarter, compared to 17 million in the year-ago quarter. The Company sold 3.8 million Macs, compared to 4 million in the year-ago quarter.

That means Apple has sold 68.6 million iPhones in the first half of 2013, including the 37.4 million iPhones sold in the first three months of the year.

iPad sales is down compared to the year-ago quarter. That is expected since Apple broke its previously set iPad release cycle. For the first three years, Apple release new iPad in the month of March and April. Both iPad mini and Fourth Generation iPad were released in Fall 2012, six month after the release of Third Generation iPad.

In addition to that, Apple did not even bother to mention iPod sales figure in the press release.

Apple is providing the following guidance for its fiscal 2013 fourth quarter:

  • revenue between $34 billion and $37 billion
  • gross margin between 36 percent and 37 percent
  • operating expenses between $3.9 billion and $3.95 billion
  • other income/(expense) of $200 million
  • tax rate of 26.5%

Apple might be expecting around $6 billion to $7 billion of net profit for the next quarter.

Apple-Logo-splash

Hacking Attempt at Apple Developer Website

Apple has sent out emails to Apple Developers explaining the outage of Apple Developer Website.

Apple Developer Website Update

Last Thursday, an intruder attempted to secure personal information of our registered developers from our developer website. Sensitive personal information was encrypted and cannot be accessed, however, we have not been able to rule out the possibility that some developers’ names, mailing addresses, and/or email addresses may have been accessed. In the spirit of transparency, we want to inform you of the issue. We took the site down immediately on Thursday and have been working around the clock since then.

In order to prevent a security threat like this from happening again, we’re completely overhauling our developer systems, updating our server software, and rebuilding our entire database. We apologize for the significant inconvenience that our downtime has caused you and we expect to have the developer website up again soon.

Apple-Developer-Center-Message-20130721

It is indeed bad news, since there is no way of telling if the intruder managed to access any informations.

Apple is using its own Apple ID service for Developer login, which has been fully operational during this period. It seems that the hacking attempt only happened on Apple Developer Website.

Apple Developer Center is still under maintenance

Apple Developer Center front page is still up while member center has been under maintenance since late Thursday July 19, 2013.

Apple Developer Center

The message says:

We’ll be back soon.

We apologize that maintenance is taking longer than expected.
If your program membership was set to expire during this period, it has been extended and your app will remain on the App Store. If you have any other concerns about your account, please contact us.

Thank you for your patience.

Apple Developer Maintenance 20130720

John Gruber thinks that it is bad news since Apple Store was also down.

Apple Store Maintenance 20130720

Obviously his spidey sense is either off or he doesn’t have one at all; John Gruber is not Peter Parker. Apple Store went back online right after Midnight on Sunday July 21, 2013.

During this period, Apple ID site is still working without interruptions.

Apple is expected to release iOS 7 beta 4 and OS X Mavericks Developer Preview 4 on Monday July 22, 2013; based on two week release schedule. Apparently many sites are reporting the obvious as news.

At this point our Apple contacts are either saying nothing or unreachable (out of the country).

Two Opposites of iPhone Rumors in One Day

I for one don’t take rumors seriously. These two rumors were published on the same day.

Rumor One:

Rumor: Apple cutting iPhone production by 20 percent

From MacNN

MacNN-iPhone-Rumor-Decrease

Rumor Two:

Reported Foxconn hiring spree could signal ‘iPhone 5S’ mass production

From AppleInsider

AppleInsider-iPhone-Rumor-Increase

UPDATE:

Rumor of Foxconn hiring spurs speculation on next iPhone

From MacNN

MacNN-iPhone-Rumor-Increase

So why would Foxconn be hiring lots of workers if Apple was reportedly cutting iPhone orders by 20%?

One explanation:

Apple is cutting order for current iPhone and ramping up production for next iPhone.

Rumors are stupid.

Impersonal Setup

I wonder which Genius was the one did the Personal Setup for one particular customer. I saw the paperwork and it specifically said what the customer name and username should be. For some reason this “Genius” assigned “Owner” for the name of the account. To top it off, the customer was not given the password to access her own MacBook Pro.

I reset the “Owner” password using the Recovery System. Then I created an account with the proper name.

MacBook Pro Setup Owner