Techmeme: Apple Reports Fourth Quarter Results (Apple)

8:55 PM ET, October 18, 2011

Top Items:

Apple Reports Fourth Quarter Results — CUPERTINO, California—October 18, 2011—Apple® today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share.

Mark Gongloff / MarketBeat:

Apple Misses on Earnings, Revenue, iPhone Sales, Stock Tanks … The mixed-bag earnings season continues. — Apple reported third-quarter earnings of $7.05 a share, on revenue of $28.3 billion. — Analysts, on average, expected Apple to earn $7.22 a share on revenue of $29.5 billion.

Discussion: Hillicon Valley, The Next Web, Digits, L.A. Times Tech Blog, Engadget, Reuters, WinRumors and Deal Journal

MG Siegler / TechCrunch:

After A Rare Miss, Apple Predicts Record iPhone, iPad Sales And Hints At A $40 Billion Quarter — Yes, Apple missed with their earnings today. It's the first time in a long time that has happened. Some are suggesting that hasn't happened since 2002. That's big news.

Discussion: Daring Fireball

Jordan Golson / MacRumors:

Apple Records Q4 2011 Earnings of $6.6B on $28.3B in Revenue, Tops $100 Billion in Sales for Fiscal 2011 — Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2011 — plus the full fiscal year. For the quarter, Apple posted revenue …

Discussion: AppleInsider, CNNMoney.com, The Register, AllThingsD and 9to5Mac

Matthew Panzarino / The Next Web:

Apple's CFO: iPhone rumors had a definite negative fiscal impact on Apple's business — Shortly after Apple's release of its Q4 financial results, it held an earnings call and took questions. Among those asked where why Apple felt that it missed analyst markers for sales of the iPhone.

Discussion: The Next Web, Reuters and The Loop, Thanks:findingnewo

BBC: Apple full year profits rise 85%

Tiernan Ray / Tech Trader Daily:
AAPL Slips 5%: FYQ4 Misses, FYQ1 View Tops Estimates

Discussion: The Seattle Times, VentureBeat and AppleInsider

Victoria Barret / Forbes:

Dropbox: The Inside Story Of Tech's Hottest Startup — Here's that rare Steve Jobs story, one that's never been told, about the company that got away. Jobs had been tracking a young software developer named Drew Houston, who blasted his way onto Apple's radar screen when he reverse-engineered …

David Coursey / Forbes:
How Dropbox Will Die — Dropbox, the online file system …

Discussion: Digits

Todd Haselton / BGR:

Verizon unveils DROID RAZR by Motorola, pre-orders begin October 27th for $299.99 — Verizon Wireless announced the DROID RAZR by Motorola on Tuesday, a brand new Android 2.3.5 (Gingerbread) smartphone that will take advantage of the carrier's 4G LTE network.

Discussion: This is my next, Mobilized, CNET News, GottaBeMobile, eWeek, Engadget, Computerworld, Ars Technica, GigaOM, Technologizer, TechCrunch, Pulse2, paidContent, Electronista, LAPTOP Magazine and 9to5Mac

Chris Ziegler / This is my next:

Motorola Droid RAZR for Verizon announced, just 7.1mm thick — The phone known alternately as the Spyder, the Droid RAZR, and the Droid HD prior to its release is now official — and Motorola has decided to go with the Droid RAZR name. As expected, it's got LTE for Verizon …

Discussion: Technologizer, Engadget, eWeek, GottaBeMobile, LAPTOP Magazine, CNET News, GigaOM, TechCrunch, 9to5Google and IntoMobile

Brian Heater / Engadget:
Motorola Droid RAZR hands-on (video)

Discussion: Droid Life, NEWS.com.au, SlashGear and Geek.com

Leena Rao / TechCrunch:

Yahoo Q3 Revenue Down 5 Percent To $1.07B; Net Income Down 26 Percent To $293M — Yahoo reported third quarter earnings today. Revenue excluding traffic acquisition costs ("revenue ex-TAC") was $1.072 billion for the third quarter of 2011, a 5 percent decrease from the third quarter of 2010.

Discussion: GigaOM, VatorNews, AdExchanger.com, Mixed Media, Guardian, Social Markets, Between the Lines Blog and Social Markets

Jay Greene / CNET News:
Microsoft extends revenue guarantees to Yahoo

Discussion: All about Microsoft Blog and Wall Street Journal

Yahoo! Inc.:
Yahoo! Reports Third Quarter 2011 Results

Discussion: Computerworld, CNET News, TechFlash, paidContent, The New Persuaders and Tech Trader Daily

Alexia Tsotsis / TechCrunch:

Michael Dell On His Infamous 'I'd Shut Down Apple' Quote: “My Answer Was Largely Misconstrued.” — During a Q&A today at Web 2. Summit, I asked Dell CEO Michael Dell if he regretted saying that Apple should shut down the company and its CEO sell the stock back to shareholders 14 years ago …

Discussion: Gizmodo and The Tech Trade

Rachel King / Between the Lines Blog:
Michael Dell: HP's confusion presents opportunity for Dell

Discussion: Bits, The Register and Electronista

Tim Stevens / Engadget:

Samsung Galaxy Nexus gets handled on video — We're still a few hours away from Samsung's big Ice Cream Sandwich event, but it looks like the company just can't keep the Galaxy Nexus under wraps. First it showed up on the company's site, and now here it is getting man-handled by Mr. Blurrycam.

Discussion: Droid Life, This is my next, 9to5Google and GottaBeMobile

Kevin C. Tofel / GigaOM:
Nexus Prime pic, specifications outed by NTT DoCoMo?

Alexia Tsotsis / TechCrunch:

Mary Meeker's 2011 Presentation On Internet Trends [Slides] — Kleiner Perkins partner and former Morgan Stanley analyst Mary Meeker is about to take the stage here at Web 2.0 Summit to present on Internet trends, as she does every year. — I'll be writing this up live, so keep refreshing.

Discussion: CNET News, Digits, ReadWriteWeb, Mashable!, @digiphile and @swiftstories, Thanks:alexia

Roger Cheng / CNET:

RIM Co-CEO unveils next-gen BBX platform — Research in Motion Co-CEO Mike Lazaridis pulled back the curtain on a new name for its next-generation operating system, BBX. BBX combines the best qualities of RIM's older BlackBerry operating system and its QNX platform, which powers the PlayBook tablet …

Jenna Wortham / Bits:

Mysterious Site Creates a Horror Movie, Starring You — 1:08 p.m. | Updated Adding some details on the origin of the site. — There's a hot new Web site making the rounds that mines your Facebook account and inserts your photo and other information into a creepy video …

Discussion: SiliconANGLE, The Not-So Private Parts, Fast Company and WebProNews

Kara Swisher / AllThingsD:

Exclusive: Groupon's IPO Road Show Set for Next Week — According to multiple sources close to the situation, Groupon plans to conduct its road show for investors next week, starting either on Monday or Tuesday. — While the decision to move forward could still change …

Discussion: CNET News, Reuters and Business Insider

Jack Purcher / Patently Apple:

Apple Wins a Key Patent for a Multi-Touch In-Plane Switching Display — The US Patent and Trademark Office officially published a series of 20 newly granted patents for Apple Inc. today. In our second report of the day we focus in on a key Apple Multi-Touch patent relating to an In-Plane Switching Display.

Discussion: Ubergizmo and iDownloadBlog.com

Ian Sherr / Digits:

Apple to Close Some Retail Stores Wednesday During Jobs Memorial — Apple plans to close some of its retail stores for at least an hour Wednesday, according to two people familiar with the matter, a gesture that coincides with the company's planned celebration of co-founder Steve Jobs's life at its headquarters.

Discussion: 9to5Mac, BGR, Gadget Lab, Reuters, CNET News and Fox Business

The Official Google Blog:

Designing an infinite digital bookcase — (Cross-posted on the Google Code blog) — As digital designers, we often think about how to translate traditional media into a virtual space. Recently, we thought about the bookcase. What would it look like if it was designed to hold digital books?

Discussion: Google Operating System, Engadget and The Next Web, Thanks:timcohn

Robert Hof / The New Persuaders:

Foursquare's Dennis Crowley: It's Still About Growth, Not Ad Money (Yet) — Unlike some Web-based phenoms, the location check-in service Foursquare has an obvious potential business model: local ads based on your geographic location, perhaps coupled with inferred interests from your previous check-ins.

Discussion: VentureBeat, CNET News, Computerworld, down the avenue and TechCrunch

Chris Velazco / TechCrunch:

PlayStation Vita Will Debut In US And Europe On February 22 — Sony's Playstation Vita has long been slated for a December release in Japan, but Sony has just announced at the Web 2.0 Summit in San Francisco that their new portable will be hitting shelves stateside and in Europe on February 22.

Discussion: VentureBeat, AllThingsD, Business Insider and Electronista

Frederic Lardinois / SiliconFilter:

Google Docs Presentations Get Real-Time Collaboration, Transitions and Animations — Just about a year and a half ago, most of Google's productivity apps in the Google Docs suite received major overhauls that brought real-time collaboration and a number of other new features to Google's online document, spreadsheet and drawing tools.

Discussion: PC World, Docs Blog, VentureBeat, Google Operating System, Wired Enterprise, 9to5Google, ReadWriteWeb, Softpedia News, The Next Web and PC Magazine

Kim Zetter / Threat Level:

Son of Stuxnet Found in the Wild on Systems in Europe — Diagram of the Duqu malware, courtesy of Symantec. — A little more than one year after the infrastructure-destroying Stuxnet worm was discovered on computer systems in Iran, a new piece of malware using some of the same techniques …

Discussion: PC Magazine, InfoWorld, PC World, The Register, ReadWriteWeb, CNET News, CircleID, Computerworld, Blog Central, msnbc.com, TechGrid and SecurityWeek

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