A new report from App Annie reveals that the Google Play Store saw 60% more app downloads than the Apple App Store in 2014. Despite that, the App Store generated more yearly revenue. In 2014, Google Play built on its lead over the iOS App Store, amassing nearly 60% more worldwide app downloads than iOS. iOS maintained its large advantage in monetization, generating over 70% … [Read more...] about Apple App Store Generates 70% More Revenue Than Google Play
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Apple Posts 4Q13 Results: $37.5 Billion in Revenue, $7.5 Billion in Profits
Apple today announced financial results for its fiscal 2013 fourth quarter ended September 28, 2013. The Company posted quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion, or $8.26 per diluted share. These results compare to revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share, in the year-ago quarter. Gross margin was 37 … [Read more...] about Apple Posts 4Q13 Results: $37.5 Billion in Revenue, $7.5 Billion in Profits
Quarterly iPad Revenue Has a 68% Correlation With Apple's Stock Price
Bloomberg Businessweek has posted a report noting that quarterly iPad revenue has a 68% correlation with Apple's stock price. The iPad accounted for $31 billion of Apple's revenue last year which is about 20% of total sales. Quarterly iPad revenue has a 68 percent correlation with Apple’s share price. That’s higher than the stock’s correlations to iPhone revenue (62 percent) … [Read more...] about Quarterly iPad Revenue Has a 68% Correlation With Apple's Stock Price
Apple Retail Stores Reach Record Revenue of $57.6 Per Visitor
Apple retail stores continue to dominate the competition reaching a new record revenue of $57.6 per visitor, reports Asymco analyst Horace Dediu. In the U.S., Apple stores are performing twice as well as Tiffany & Co., the second best retailer, and three times as well as lululemon athletica, the third best retailer. On average each Apple store makes $13 million per … [Read more...] about Apple Retail Stores Reach Record Revenue of $57.6 Per Visitor