Year: 2010

Sorry, but the Apple TV is still a hobby

Apple TV units were up 34% year over year for Apple’s second fiscal quarter of 2010 — but, sorry Apple TV fans, it’s still classified as a “hobby” by Apple.

In speaking with the press and analysts, Apple Chief Operating Officer Tim Cook said that the Apple TV’s niche simply isn’t comparable to the big computer, MP3 player and smartphone markets in which the Mac, iPod and iPhone compete. That said, it’s still doing well relative to its size, he added.

On a brighter note, “a number of us love the Apple TV and use the product, and believe there’s something there,” Cook added.

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Apple’s retail business sees revenue increase 38% year-over-year

During the its fiscal 2010 second quarter that ended March 27, Apple saw its retail store chain increase revenue by 22%. That’s up 38% year-over-year.

Apple had an average of 284 stores open during the quarter. The stores saw 47 million visitors in the second fiscal quarter of 2010 as compared to 39.1 million in the second fiscal quarter of 2009. The average revenue per store was $5.9 million, compared to $5.5 million in the 2009 quarter.

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iPhone sales increase way above industry average

In a press conference regarding its latest quarterly financials, Apple Chief Financial Officer Peter Oppenheimer said that sales of 8.75% of iPhones in the latest fiscal quarter was more than three times the IDC estimate of 41% growth of overall smartphone growth for the period, as estimated by the IDC research group.

And the growth has nothing to do with lower pricing? The average selling price of iPhone is still approximately US$600. Oppenheimer also touted the upcoming iPhone OS 4, saying that customers and developers both were excited by the upcoming 100-plus new features.

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Mac sales grow 33% year-over-year; desktops up 40%

In a press conference regarding its latest quarterly financials, Apple Chief Financial Officer Peter Oppenheimer said Mac sales were up 20% in America alone, representing a 26% increase in revenue.

Apple sold 2.94 million Macs during the quarter, representing a 33% unit increase over the same quarter in 2009. Worldwide Mac sales were up 3%, increasing revenue by 49%. Asia Pacific was the biggest market; Macs sales there were up 67%, garnering a revenue increase of 184%.

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