Both Apple and Microsoft released their quarterly results this week, with each company emerging from a busy quarter in healthy financial territory.
Apple was first to go, revealing on Wednesday quarterly revenue of US$28.27 billion and net profit of US$6.6 billion. The results were below predictions from Wall Street experts, prompting a share sell-off, although many analysts felt the market’s expectations were inflated due to years of gross under-estimating.
Another point of contention was the iPhone, with experts pointing out the 17 million sales were down on the previous quarter’s 20 million. Here at Techday, we thought it remarkable the company sold any iPhones at all given the feverish anticipation for what turned out to be the iPhone 4S (and look how that turned out).
It’s certainly been a hectic quarter for Apple, and with founder Steve Jobs passing at the very end of it, it is perhaps the next three months when we’ll really find out what the company’s made of.
Meanwhile, over at Microsoft business is also good, the company posting US$17.37 billion in revenue, and US$5.74 billion in net income. Microsoft has had a busy quarter itself, releasing Windows Phone 7.5, aka Mango, purchasing Skype, and previewing one of its most important releases to date, Windows 8.
With those two covered, we should also mention the news from Google this week, which was the launch of Android 4.0, aka Ice Cream Sandwich. The new OS was revealed in conjunction with Samsung’s new Galaxy Nexus smartphone, showing the two companies are as cozy as ever, despite Google purchasing Samsung competitor Motorola in August. Both OS and phone look seriously cool, and could have Apple bosses more than a little nervous.
Speaking of phones, telcos in New Zealand were in the news more than once this week. Telecom signed off on a Commerce Commission investigation surrounding breaches of the Fair Trading Act, the watchdog stating it was satisfied with the company’s efforts to compensate its customers for a traffic measurement error; Vodafone announced it would offer a data cap ‘stop sign’ to stop customers from unwittingly running up monstrous bills; and the two combined with 2degrees on a scheme that will allow customers to make low-cost digital content purchases on their mobile phones via their phone bills.
In gaming, our reviewer gave his impressions of the beta for the highly anticipated Battlefield 3, and they are definitely worth a read if you’re looking forward to the game’s release next week.
This weekend, though, will belong to the Rugby World Cup. Enjoy the game, and when you go back to work on Tuesday spare a thought for your network manager before you download that video of the All Blacks enjoying sweet, sweet victory.