Apple celebrated the double this week, as well as the anniversary, confirmed that last year achieved the best quarter of its history thanks to the iPhone.
The tablet that revolutionized the history
On January 27, 2010, the founder and then CEO of Apple, Steve Jobs, presented a device that would mark a milestone in consumer technology worldwide. Before a group of journalists gathered at the Yerba Buena Center in the city of San Francisco (California USA), Jobs unveiled the first iPad.
As a curious fact: Apple sold 300,000 iPads on its first day for sale. At that time, its price was the US $ 499. Only two months after its official launch, two million iPads were sold and the firm closed the year with 7.5 million worldwide. So far, Apple has sold more than 350 million iPads, despite having had a sharp decline in 2013.
Apple achieved the best quarter in its history
This same week, Apple announced that the net profit of the last quarter of 2019 reached a record US $ 22,000 million with revenues of the US $ 91.8 billion thanks to the solid profits from the sale of its iPhone, a fact that exceeded the expectations of all analysts
These results came when the company is looking to diversify due to the slowdown in the smartphone market where competition is growing. Apple now aims to rely on the sale of services such as music and television online and other digital content.
Samsung financial difficulties
But the sun does not shine for everyone. While its competitors recover from market demand, Samsung is pessimistic about its earnings according to its latest outlook report. One of the main reasons why Samsung faces difficulties while others recover is that the company’s great strengths – memory chips and screens – are precisely the weakest parts of the technology sector at this time.
Its semiconductor unit recorded a 56% drop in operating income for the period and its display business contracted 77%. Together, these component divisions generally contribute between half and two-thirds of their profits. That problem will continue this quarter in both divisions, and at a conference call, executives said a sustained weakness in demand will affect both revenue and earnings.
European Union calls for a universal charger
MEPs called on the European Commission to urgently adopt a rule to impose universal chargers on mobile phones within the European Union, a non-binding resolution that Apple opposes and has been discussed since 2009.
“The current excess supply of chargers generates excessive costs and inconvenience to consumers, as well as an unnecessary environmental footprint,” wrote the European deputies in a text adopted by a large majority (582 votes in favor, 40 against and 37 abstentions) in the one asking that the EU adopt “urgently a standard on a common charger” before July 2020.