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iPhone 3G Selling Twice as Fast as Original
Posted by Matt Buchanan at 7:40 AM on July 24, 2008
The one major bit out of AT&T's quarterly earnings call is that the iPhone 3G is selling twice as fast as the original iPhone did last summer--in case the unending squiggles of people trailing out of Apple Stores and AT&T shops didn't tip you off. They didn't actually say how many were sold, but we know that worldwide Apple sold a million of them as of nine days ago, just three days after launch. Of course, the hot US$199 price--undoubtedly responsible for the phone's brief life on shelves--means AT&T won't actually make money off of it until 2010. You know, when we're on our fourth-gen iPhone. [Alley Insider]
Last quarter was the best June quarter in Apple's history in both earnings and profits, but the real news is that Steve actually promised new products later this year: "We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we're busy finishing several more wonderful new products to launch in the coming months." Apple never comments on future products in any way, shape or form. Ever ever. Whether he's alleviating 
"Toshiba Corp. said its profit plummeted 95 percent in the January-March quarter due to 
"Nintendo said it sold 18.61 million units of its Wii console globally last year, for a total of 24.45 million units moved since it was launched in November 2006." In the past year, Nintendo's raked in US$2.5 billion in profit. [
Here are the meaty bits in the cold platter of numbers that is Microsoft's quarterly earnings report. Windows sales are way down (the client division, which makes Windows, saw sales drop by 24 percent vs. last year). Office is doing alright, but they're losing their arse on online services. The entertainment division (Zune and Xbox) is balling, with revenue up 68 percent, making Xbox and Zune profitable for almost a year now. But bottom line, Microsoft's income was down 11 percent from last year. [
No surprises in Motorola's quarterly checkup. They're 
No surprise, this quarter was Apple's best March quarter ever. Here are the bits that matter—2.29 million Macs shipped, 51 percent more than same time last year, so Mac sales are booming. iPod sales are actually pretty flat from last year, up a meager one percent—are we at the saturation point? And 1.7 million iPhones, obviously down from a couple a months ago, when it was all Christmas boom, but not bad considering we're at the point where people are going to start waiting for the 3G iPhone. Read the whole thing below, but they still won't comment on 
Remember how Palm said it 
Apple wasn't the only one balling this quarter on the back of new computer sales. Microsoft's profits were up a huge 79 percent against last year to hit US$6.48 billion (on record revenues of US$16.37 billion), mostly thanks to people snapping up Vista-loaded computers (whether they want the OS 
It's the end of the quarter, which means it's raining earnings reports—companies tell investors (and the world) just how much coin they're swimming in (or bleeding out). Today, Nintendo revealed that the Wii is printing money twice as fast as last year; AT&T pulled in almost 3 million new subscribers; Nokia now commands 40 percent of the handset; and Netflix is doing pretty well, too. Big numbers are this-a-ways.
