Apple Reports First Quarter Results

Source: Apple 


Apple® announced its financial results for its fiscal 2011 first quarter ended December 25, 2010 on 18th January 2011. The Company posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share. These results compare to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. Gross margin was 38.5 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

Steve Jobs on sick leave - Get well soon Steve.

Today is a holiday in the U.S., but all was not quiet on the American news wires. The big word today in the tech world is that Apple CEO Steve Jobs is not well.

In a letter to the Apple team, which was posted to the Apple press page, Steve Jobs informs his employees that he'll be handing the day-to-day operations to Tim Cook.


Cook previously took over for Steve Jobs when the Apple leader was going through his liver transplant quest. Below is the email he passed on to the "team" at Apple.

Apple to get rid off the "Home" button on iPhone 5?

Almost all touchscreen phones rely on at least a couple of buttons for basic functionality like receive/end calls, Home etc. Well, looks like apple is contemplating the removal of the "home" button on the iPhone 5.

Apple just released iOS 4.3 and included in the release was support for multitouch gestures for the iPad. However, it seems something much more interesting may be afoot. BGR cites Apple sources who say the addition of multitouch gestures for the iPad is a part of a larger plan to ditch the home button on the iPad and, eventually, the iPhone. So now, instead of tapping the home button, users would rely on multitouch gestures to return them to the homescreen.

Though it’s not certain, BGR’s sources say it’s possible we may see these changes come into play in the next generation models set for launch this year. It might sound totally crazy, it’s important to remember that Apple’s ridiculously small touchscreen MP3 player, the iPod Nano, has no physical button and employs multitouch gestures as a navigational tool.

How do I get "Home" now, let me see what was the the gesture?

 

 

 

 

Obviously the next question is what Apple will do with the extra space. One option is that they'll use it to increase touchscreen real estate. Steve Jobs has, in the past, expressed distaste for larger-screen devices saying they’re almost too big to fit in one's pocket. However, with an increasing number of phones out there packing 4-inch+ displays (ala Dell Streak), ditching the home button and increasing the display size without making the device itself any bigger would be a nice little workaround to move the iPhone in the same direction as other big players in the industry. Maybe the remaining space could be used for a stamp size Steve Jobs avatar?