Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
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No they weren't. Nexus 4 is constrained, iPhone5 is not.
They sold ~15 million more iOS devices but made only 40mil more profit compared to last year.
They sold ~15 million more iOS devices but made only 40mil more profit compared to last year.
They said they were constrained. Do you think they were lying?
Secondly, Q1 2013 was one week shorter than Q1 2012. Like for like, they might have been able to push up the profit number to $14bn.
Yes, margins are down. They are selling a larger number of lower margin products. And Q1 2012 was particularly good, perhaps anomalously so. Their margin are nearer to their usual level in Q1 2013 (Gross margin was 38.5% for Q1 2011, and 40.9% for Q1 2010). Q1 2012 gross margin was anomalously high at 44.7%, and that was not likely to be repeated.




Member since:
2009-05-19
No they weren't. Nexus 4 is constrained, iPhone5 is not.
They sold ~15 million more iOS devices but made only 40mil more profit compared to last year.