O'Grady's PowerPage

Tag: April 24th

  • Apple discloses $1.69 billion increase in “Other Products” division, could be directly attributable to Apple Watch sales

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    Although Apple has yet to disclose any specific sales numbers for the Apple Watch, they may have tipped their hand a bit with the company’s most recent financial report.

    A figure within the report states that Apple’s “Other Products” division climbed by more than US$1.69 billion in sales by the end of September.

    As part of the company’s quarterly 10-Q filing with the U.S. Securities and Exchange Commission, Apple said that more than 100 percent of the year-over-year revenue growth in its “Other Products” category was attributed to the Apple Watch.

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  • Apple posts Q3 2015 earnings, cites $10.7 billion profit on $49 billion in revenue

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    US$49 billion in revenue and a US$10.7 billion profit isn’t chump change.

    And that’s the amount that Apple reported for its Q3 2015 earnings today, complete with figures that included profits from sales of the Apple Watch, which was launched on April 24th.

    During today’s announcement, the company cited revenues of US$37.4 billion and a net profit of US$7.7 billion, or US$1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

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  • Apple Watch sells out in a matter of hours, shipping estimates slip back to June through August

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    The Apple Watch sold out in a number of hours last night as the pre-order option for the unit became available on the Apple Store web site. Over the course of the launch, shipping times for all models slipped to 4-6 weeks or later less than 6 hours after pre-orders started at 12:01 AM Pacific today. Apple Watch Sport models were the first to sell out, with delivery estimates shifting to 4-6 weeks, and then June, on the Apple Online Store in the United States.

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  • Apple Watch to be available for online pre-order only come April 10th

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    With only one day left until the Watchening/first available pre-order of the Apple Watch, your best bet might be to order yours online.

    Apple on Thursday confirmed that orders for the upcoming Apple Watch will be available exclusively online during the launch window, as the company expects that consumer demand will outstrip available supply of units.

    The company issued a reminder stating that in-store previews and preorders will begin on Friday, ahead of the April 24th launch. But preorders will be available online-only, and users who try on the unit in stores will not be able to place an order in the store.

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  • Apple Watch reservations to be limited to one unit per customer, limited stock expected

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    It’s one Apple Watch reservation at a time for in-store pickup, ladies and gentlemen.

    Sources have confirmed that customers will be limited to one Apple Watch each through Apple’s Reserve and Pickup service. Customers in the United States and other launch countries will have to present a valid government-issued photo ID upon pickup. Apple has also stated that surrogate pickups won’t be permitted and only the person whose name is on the reservation will be allowed to pick up the Apple Watch.

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