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	<title>vernonchan.com &#187; iMac</title>
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	<description>Apple. Technology. Gadgets. Cars. Motorsports. Lifestyle.</description>
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		<title>Apple Reports Record Q1 2012 Profits of $13B, Passes Exxon As World’s Most Valuable Company</title>
		<link>http://vernonchan.com/2012/01/apple-reports-record-q1-2012-profits-of-13b-passes-exxon-as-worlds-most-valuable-company/</link>
		<comments>http://vernonchan.com/2012/01/apple-reports-record-q1-2012-profits-of-13b-passes-exxon-as-worlds-most-valuable-company/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 18:35:42 +0000</pubDate>
		<dc:creator>vernieman</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple Financials]]></category>
		<category><![CDATA[Exxon]]></category>
		<category><![CDATA[financial results]]></category>
		<category><![CDATA[iMac]]></category>
		<category><![CDATA[iPad]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Mac]]></category>
		<category><![CDATA[market cap]]></category>
		<category><![CDATA[Peter Openheimer]]></category>
		<category><![CDATA[Tim Cook]]></category>

		<guid isPermaLink="false">http://vernonchan.com/?p=5816</guid>
		<description><![CDATA[Apple continues its impressive financial streak with another record-breaking fiscal quarter ending December 31, 2011. The Cupertino company posted a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion ($13.87 per diluted share). This is almost double the results in the year-ago quarter. Gross margin increased from 38.5 percent in [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_5817" class="wp-caption alignnone" style="width: 476px"><a href="http://vernonchan.com/wp-content/uploads/apple-tim-cook.jpeg"><img class="size-full wp-image-5817" title="Apple CEO, Tim Cook. Image source: WorldTVPC" src="http://vernonchan.com/wp-content/uploads/apple-tim-cook.jpeg" alt="Apple CEO, Tim Cook. Image source: WorldTVPC" width="466" height="350" /></a>
<p class="wp-caption-text">Apple CEO, Tim Cook. Image source: WorldTVPC</p>
</div>
<p><strong><a title="Apple" href="http://vernonchan.com/tag/apple">Apple</a></strong> continues its impressive financial streak with another record-breaking fiscal quarter ending December 31, 2011. The Cupertino company posted a record quarterly revenue of <strong>$46.33 billion</strong> and record quarterly net profit of <strong>$13.06 billion ($13.87 per diluted share).</strong> This is almost double the results in the year-ago quarter. Gross margin increased from 38.5 percent in the year-ago quarter to <strong>44.7 percent.</strong> International sales accounted for 58 percent of the quarter&#8217;s revenue. Apple generated over <strong>$17.5 billion in cash flow</strong> from operations.<br />
<span id="more-5816"></span></p>
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<div class="su-quote su-quote-style-1">
<div class="su-quote-shell">“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”</div>
</div>
<p><strong><a title="iPhone" href="http://vernonchan.com/tag/iphone">iPhones</a></strong> continue to be a huge cash cow for Apple, selling over 37 million iPhones in the quarter, a 128 percent unit growth over the year-ago quarter. Apple also sold 15.43 million <strong><a title="iPad" href="http://vernonchan.com/tag/ipad">iPads</a></strong>, a 111 percent increase over the year-ago quarter. Apple isn&#8217;t only about smartphones and mobile devices, though. <strong><a title="Mac" href="http://vernonchan.com/tag/mac">Macs</a></strong>, much contributed by sustained interest in the <strong><a title="iMac" href="http://vernonchan.com/tag/imac">iMac</a></strong>, enjoyed a 26 percent unit increase. Sales of <strong><a title="iPod" href="http://vernonchan.com/tag/ipod">iPods</a></strong> may have dwindled 21 percent compared to the year-ago quarter, but this still meant Apple pushing 15.4 million of the portable media player to consumers.</p>
<p>With another impressive quarter at hand, Peter Openheimer, Apple&#8217;s CFO lamented, “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.”</p>
<p>Apple&#8217;s momentum has also kicked Exxon as the world&#8217;s most valuable company, with a market capitalisation of <strong>$416.76B</strong>, beating the energy brand by $6 billion. The new King of Wallstreet (again) ploughs on!</p>
<div class="su-spoiler su-spoiler-style-1">
<div class="su-spoiler-title">Show Official Press Release</div>
<div class="su-spoiler-content">
<h2><em>Apple Reports First Quarter Results</em></h2>
<div><em>CUPERTINO, California—January 24, 2012—Apple® today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.</em></div>
<div>
<div>
<div>
<div><em>The Company sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.</em><em>“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”</em><em>“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.” </em></p>
<p><em>Apple will provide live streaming of its Q1 2012 financial results conference call beginning at 2:00 p.m. PST on January 24, 2012 at <a href="http://www.apple.com/quicktime/qtv/earningsq112" target="_blank">www.apple.com/quicktime/qtv/earningsq112</a>. This webcast will also be available for replay for approximately two weeks thereafter.</em></p>
<p><em>This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2011 and its Form 10-Q for the fiscal quarter ended December 31, 2011 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.</em></p>
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<li> <a href="http://vernonchan.com/2012/04/apple-beats-forecasts-makes-39-2b-in-q1-2012/" title="Permanent link to Apple Beats Forecasts, Makes $39.2B in Q1 2012">Apple Beats Forecasts, Makes $39.2B in Q1 2012</a>  </li>
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		<title>Apple iMac Accounts for A Third of All-in-One Desktop Computers</title>
		<link>http://vernonchan.com/2012/01/apple-imac-accounts-for-a-third-of-all-in-one-desktop-computers/</link>
		<comments>http://vernonchan.com/2012/01/apple-imac-accounts-for-a-third-of-all-in-one-desktop-computers/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 09:58:18 +0000</pubDate>
		<dc:creator>vernieman</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[AIO]]></category>
		<category><![CDATA[all-in-one]]></category>
		<category><![CDATA[ces]]></category>
		<category><![CDATA[CES 2012]]></category>
		<category><![CDATA[computers]]></category>
		<category><![CDATA[desktop]]></category>
		<category><![CDATA[iMac]]></category>
		<category><![CDATA[Mac OS X]]></category>

		<guid isPermaLink="false">http://vernonchan.com/?p=5558</guid>
		<description><![CDATA[In a market dominated by laptops, tablets and other mobile devices, Apple&#8216;s iMac still accounts for nearly a third of 14.5 million all-in-one desktop computers sold in 2010. The iconic iMac, first unveiled in 1997, comprised close to 33 percent of the total all-in-one units sold in 2010 according to data by DisplaySearch and Bloomberg. [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://vernonchan.com/wp-content/uploads/apple-imac.jpeg"><img class="alignnone size-full wp-image-5559" title="Apple iMac" src="http://vernonchan.com/wp-content/uploads/apple-imac.jpeg" alt="Apple iMac" width="500" height="268" /></a></p>
<p>In a market dominated by laptops, tablets and other mobile devices, <a title="Apple" href="http://vernonchan.com/tag/apple">Apple</a>&#8216;s <a title="iMac" href="http://vernonchan.com/tag/imac">iMac</a> still accounts for nearly a third of 14.5 million all-in-one desktop computers sold in 2010. The iconic iMac, first unveiled in 1997, comprised close to 33 percent of the total all-in-one units sold in 2010 according to data by DisplaySearch and Bloomberg. This is an impressive number considering portable and mobile Mac products account for over 70 percent of Apple&#8217;s computer sales.<br />
<span id="more-5558"></span></p>
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<div id="attachment_5560" class="wp-caption alignnone" style="width: 522px"><a href="http://vernonchan.com/wp-content/uploads/6547796321_d3c36b8209_z.jpg"><img class=" wp-image-5560 " title="HP Omni27 All-in-One" src="http://vernonchan.com/wp-content/uploads/6547796321_d3c36b8209_z.jpg" alt="HP Omni27 All-in-One" width="512" height="435" /></a>
<p class="wp-caption-text">HP Omni27 All-in-One</p>
</div>
<p>It is predicted that sales of all-on-one devices will hit over 23 million units in 2014. Apple is currently ahead of the pack, with <a title="Lenovo" href="http://vernonchan.com/tag/lenovo">Lenovo</a> and <a title="HP" href="http://vernonchan.com/tag/hp"><strong>HP</strong></a> following closely behind. HP has unveiled the <strong>HP Omni27 All-in-One PC</strong> ahead of the <a title="CES" href="http://vernonchan.com/tag/ces-2012"><strong>Consumer Electronics Show (CES)</strong></a> in Las Vegas.</p>
<p>CES this year is already seen as a smartphone and tablet domain.</p>
<p>Apple is expected to update its iMac line, powered by <a title="Intel" href="http://vernonchan.com/tag/intel">Intel</a>&#8216;s 22nm Ivy Bridge platform this year.
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<li> <a href="http://vernonchan.com/2006/11/want-to-run-photoshop-35-faster-use-mac-os-x-1048/" title="Permanent link to Want to run Photoshop 35% faster? Use Mac OS X 10.4.8">Want to run Photoshop 35% faster? Use Mac OS X 10.4.8</a>  </li>
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		</item>
		<item>
		<title>Apple’s New iMac. Who says you can’t perfect perfection?</title>
		<link>http://vernonchan.com/2007/08/apples-new-imac-who-says-you-cant-perfect-perfection/</link>
		<comments>http://vernonchan.com/2007/08/apples-new-imac-who-says-you-cant-perfect-perfection/#comments</comments>
		<pubDate>Wed, 08 Aug 2007 06:39:41 +0000</pubDate>
		<dc:creator>vernieman</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[iMac]]></category>

		<guid isPermaLink="false">http://www.scratchdisk.biz/vernonchan/2007/08/08/apples-new-imac-who-says-you-cant-perfect-perfection/</guid>
		<description><![CDATA[I had the opinion that the previous iMac Intel form-factor was the perfect example of beauty and practicality. Perfect almost. (except for the dreaded Mighty Mouse). So how do you, or can you top that? How do you perfect perfection? Well, what do you know? The hardworking Apple Design Team has done it again. Not [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://vernonchan.com/wp-content/uploads/imac_hero_20070807.jpg" title="imac_hero_20070807.jpg" alt="imac_hero_20070807.jpg" width="450" /></p>
<p>I had the opinion that the previous iMac Intel form-factor was the perfect example of beauty and practicality. Perfect almost. (except for the dreaded Mighty Mouse). So how do you, or can you top that? How do you perfect perfection? Well, what do you know? The hardworking Apple Design Team has done it again. Not ones to be satisfied (ever! and &#8216;Amen&#8217; to that), they&#8217;ve taken perfection to yet another level (Win PC manufacturers eat this!).</p>
<p><span id="more-626"></span></p>
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<p><a href="http://www.apple.com/imac/">Welcome the new iMac.</a> All sexy in aluminium. With an ultra-thin profile and an even thinner &#8216;chiclet&#8217; keyboard ala MacBook. Powered by Intel Core 2 Duo processors of up to 2.4Ghz (BTO option up to 2.8Ghz), the new iMacs convincingly supercedes the previous offering with style, power and bigger storage. Also, the beautiful 20&#8243; and 24&#8243; displays. Yum.</p>
<p>Never a better time to grab an iMac I think, although those who don&#8217;t mind the slightly older model, may be looking at some really good deals!</p>
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		<item>
		<title>When medium, is a large not small problem</title>
		<link>http://vernonchan.com/2004/07/when-medium-is-a-large-not-small-problem/</link>
		<comments>http://vernonchan.com/2004/07/when-medium-is-a-large-not-small-problem/#comments</comments>
		<pubDate>Tue, 27 Jul 2004 07:08:57 +0000</pubDate>
		<dc:creator>vernieman</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[iMac]]></category>
		<category><![CDATA[Mac]]></category>
		<category><![CDATA[Mac OS]]></category>
		<category><![CDATA[Power Mac]]></category>
		<category><![CDATA[PowerBook]]></category>

		<guid isPermaLink="false">http://www.scratchdisk.biz/vernonchan/?p=53</guid>
		<description><![CDATA[And&#8230; I&#8217;ve just made another coaster. My fourth attempt to burn a backup of my stuff has yet again, failed. Lying in the bin, in no particular order, are 4 spanking new Sony CD-Rs. Unusable. Toast Titanium 6 (the best CD-burner app on the planet?) kept bugging me with a &#8220;Medium Error&#8221;, just when it [...]]]></description>
			<content:encoded><![CDATA[<p>And&#8230; I&#8217;ve just made another coaster. My fourth attempt to burn a backup of my stuff has yet again, failed. Lying in the bin, in no particular order, are 4 spanking new Sony CD-Rs. Unusable.</p>
<p><a href="http://www.roxio.com/" target="_new">Toast Titanium 6</a> (the best CD-burner app on the planet?) kept bugging me with a &#8220;Medium Error&#8221;, just when it needs to do a &#8220;lead-out&#8221; to close the burning session. This is annoying. And I hate errors which really don&#8217;t tell you anything. Like a &#8220;Type 1&#8243; error. Or a &#8220;Type 2&#8243; error. What the fuck? How&#8217;s anyone supposed to know? Might as well just be &#8220;I&#8217;ve fucked up. It&#8217;s not my fault. It&#8217;s the system.&#8221;</p>
<p>My <a href="http://www.apple.com/powermac/" target="_new">1.8 Ghz G5 PowerMac</a> in the office has been intermittently freezing on me. It&#8217;s not supposed to do that. It&#8217;s supposed to be uncrashable, thanks to its UNIX underpinnings. But, oh no, it has a mind of its own. It thinks it&#8217;s Windows of some sort. Hell, even the console startup is like DOS. (Well, at least there isn&#8217;t a &#8220;blue screen of death&#8221;).</p>
<p>I take care of it. I run maintenance scripts frequently. I do an &#8220;update_prebinding&#8221; to optimise the system. I delete and clear system + user cache. I verify and repair permissions. I do all that is possible to keep the system free of crap and running optimally.</p>
<p>What the heck&#8217;s going on?</p>
<p>And you know what&#8217;s funny? The G5 I have has a serious problem with Flash memory. Plug in any Flash-based peripherals and files get 100% corrupted. Without fail. And this has happened since upgrading to <a href="http://www.apple.com/macosx/" target="_new">Panther (Mac OS X 10.3).</a> Panther is quick and superb, but also introduced some nagging bugs with the update.</p>
<p>So, I thought &#8211; why not backup all your data then reformat the 120GB SATA drive and do a clean reinstall of the system? Shouldn&#8217;t take more than 2 weeks I reckon. But oh no&#8230;Toast just had to act up. Doesn&#8217;t want to burn a damn thing. Crap.</p>
<p>Don&#8217;t you hate it when things don&#8217;t work? The worst is when it doesn&#8217;t work and you don&#8217;t know why. Just spend your whole day figuring out through trial and error what could be causing these anomalies. Grrr&#8230; Maybe I should just format the damn thing, for the heck of it. Screw the data. Format and zero all data on the hard drive. Then leave the country.</p>
<p>Case closed.
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