Posts Tagged ‘billionth’

PostHeaderIcon Apple’s App Store: 1 Billion Served

Well, it finally happened.  Apple just delivered its 1 Billionth application download from the App Store, which currently features over 25,000 apps (35,000 by one estimate) built by thousands of developers. The significance of the milestone (besides just the 1 billion mark) is that it’s taken only nine months from when the App Store launched on iTunes to hit 1 billion paid and unpaid downloads.

Last summer, Apple sold one million 3G iPhones worldwide across 21 countries in the first 3 days on sale. During that same time, iPhone users made 10 million app downloads from the then newly launched iTunes App Store.

The count was at 300 million in early December, and the App Store hit 500 million downloads by January 16th.  It took Apple six months to reach the first 500 million downloads.  It would take Apple only three months to get another 500 billion downloads.  By March, 2009, it was at 800 million.  We started keeping track via Apple’s billion-app countdown at around 928,077,779. Apple also offered us a fleeting glimpse of the most popular apps ever, something the company only did once before.

Apple apparently already had a hunch of when the billion mark was going to be passed, because the billionth app celebration page was already ready to go.

Apple predicted the time when the billionth app would be downloaded: 1:24:06 AM PST on April 23. That didn’t happen.

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The number of different apps available has also been growing  steadily.  In November, the app store had 10,000 apps, and grew to 15,000 by Apple’s quarterly earnings call in January. Within a month, the app store added 5,000 more apps, bringing the total available apps up to 20,000. By March, the app store has over 25,000 apps.  Now, according to an estimate by App Store analytics firm Mobclix, there are 35.550 apps worldwide.

Some lucky iPhone user who downloaded an app in the past two weeks will win a $10,000 iTunes gift card, MacBook Pro, Time Capsule, and iPod touch. We also hosted our own contest to see who could guess when the billionth app would be downloaded and we will release the results soon.

Here’s a current list of the top apps, free and paid, downloaded, courtesy of Mobclix. The numbers next to the global stats indicate how many countries had that app ranked as #1.:

Top 5 free (Global):
1: Heat Pad - Relaxing Heat Sensitive Surface (17)
2: Skype (9)
3: Ferrari GT Evolution: Lite Version (6)
4: Racing Live (4)
5: Yahoo! Messenger (4)

Top 5 paid (Global):
1: Camera Zoom (12)
2: Flight Control (11)
3: Playman Track & Field (3)
4: Wild West Pinball (2)
5: Airport Mania: First Flight (2)

Top 5 free (US):
1: Catcha Mouse
2: iDare
3: F-MyLife
4: Heat Pad - Relaxing Heat Sensitive Surface
5: Dictionary.com

Top 5 paid (US):
1: Flight Control
2: StickWars - Siege
3: Pocket God
4: iHunt 3D
5: ParkingLot

[photo: flickr/thetruthabout]

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PostHeaderIcon Ouch. Microsoft Profits Drop 32 Percent In March Quarter

Microsoft just announced earnings for its third fiscal quarter. Revenues were down 6 percent to $13.65 billion, and net income was down a whopping 32 percent to $2.98 billion or $0.33 EPS. Analysts consensus was closer to $14 billion for revenues and $0.39 for non-GAAP EPS, which Microsoft met thanks to its cost-cutting measures. Still, this can’t be feeling good for Microsoft.

The company is exposed to the weaknesses in the economy in general, and soft demand for PCs and servers in particular. Revenues in its Client business (Windows) was down 15.6 percent to $3.40 billion. It’s servers and tools business proved the the healthiest with a 7 percent increase in revenues to $3.47 billion, marking the first time I believe that servers and tools brought in more revenues than the client business.  The online business saw revenues decline 14.5 percent to $721 million, and its loss doubled to $575 million.

The online business suffered from a 16 percent decline in advertising revenues, driven by lower display ad rates. On teh bright side, page views and search queries on Microsoft sites were both up.

1.7 million Xbox360 consoles were sold in the quarter, up 30 percent, but revenues for the Entertainment and Devices business remained flat at $1.57 billion. And it actually dipped into an operating loss of $31 million.

Net cash from operations was $6 billion in the quarter, $1 billion less than a year ago, but Microsoft still ended the quarter with $25.3 billion in cash on its balance sheet.

Here is the breakdown in revenues and operating profits by business:

MICROSOFT CORPORATION

Segment Revenue and Operating Income (Loss)
(In millions) (Unaudited)

Three Months Ended
March 31,
Nine Months Ended
March 31,
2009 2008 2009 2008

Revenue








Client $3,404 $4,033 $11,604 $12,506
Server and Tools 3,467 3,238 10,616 9,381
Online Services Business 721 843 2,357 2,377
Microsoft Business Division 4,505 4,731 14,330 13,663
Entertainment and Devices Division 1,567 1,592 6,564 6,616
Unallocated and other (16) 17 (133) 40








Consolidated $13,648 $14,454 $45,338 $44,583








Operating Income (Loss)








Client $2,514 $3,115 $8,689 $9,855
Server and Tools 1,344 1,080 3,978 3,170
Online Services Business (575) (226) (1,521) (737)
Microsoft Business Division 2,877 3,127 9,325 9,010
Entertainment and Devices Division (31) 106 299 668
Corporate-level activity (1,691) (2,912) (4,394) (5,374)








Consolidated $4,438 $4,290 $16,376 $16,592








And here is the main income statement and balance sheet:

MICROSOFT CORPORATION

INCOME STATEMENTS
(In millions, except per share amounts) (Unaudited)

Three Months Ended
March 31,
Nine Months Ended
March 31,
2009 2008 2009 2008

Revenue $13,648 $14,454 $45,338 $44,583
Operating Expenses:

Cost of revenue

2,814 2,514 9,569 8,732

Research and development

2,212 2,035 6,785 5,757

Sales and marketing

2,981 3,274 9,687 9,377

General and administrative

913 2,341 2,631 4,125

Employee severance

290 - 290 -








Total operating expenses

9,210 10,164 28,962 27,991








Operating income 4,438 4,290 16,376 16,592
Other income (expense) (388) 520 (697) 1,254








Income before income taxes 4,050 4,810 15,679 17,846
Provision for income taxes 1,073 422 4,155 4,462








Net income $2,977 $4,388 $11,524 $13,384








Earnings per share:

Basic

$0.33 $0.47 $1.29 $1.43








Diluted

$0.33 $0.47 $1.28 $1.41








Weighted average shares outstanding:

Basic

8,891 9,307 8,960 9,349








Diluted

8,904 9,428 9,008 9,492








Cash dividends declared per common share $0.13 $0.11 $0.39 $0.33








MICROSOFT CORPORATION

BALANCE SHEETS
(In millions)


March 31, 2009 June 30, 2008 (1)

(Unaudited)
Assets
Current assets:

Cash and cash equivalents

$7,285 $10,339

Short-term investments (including securities pledged as collateral of $1,445 and $2,491)

18,055 13,323








Total cash, cash equivalents, and short-term investments

25,340 23,662
Accounts receivable, net of allowance for doubtful accounts of $242 and $153 9,182 13,589
Inventories 657 985
Deferred income taxes 1,926 2,017
Other 3,619 2,989








Total current assets

40,724 43,242
Property and equipment, net of accumulated depreciation of $7,236 and $6,302 7,112 6,242
Equity and other investments 4,112 6,588
Goodwill 12,554 12,108
Intangible assets, net 1,756 1,973
Deferred income taxes 956 949
Other long-term assets 1,639 1,691








Total assets

$68,853 $72,793








Liabilities and stockholders’ equity
Current liabilities:

Accounts payable

$3,017 $4,034

Short-term debt

1,999 -

Accrued compensation

2,644 2,934

Income taxes

773 3,248

Short-term unearned revenue

10,924 13,397

Securities lending payable

1,533 2,614

Other

2,933 3,659








Total current liabilities

23,823 29,886
Long-term unearned revenue 1,388 1,900
Other long-term liabilities 6,699 4,721
Commitments and contingencies
Stockholders’ equity:
Common stock and paid-in capital - shares authorized 24,000; outstanding 8,898 and 9,151 61,896 62,849
Retained deficit, including accumulated other comprehensive income of $726 and $1,140 (24,953) (26,563)








Total stockholders’ equity

36,943 36,286








Total liabilities and stockholders’ equity

$68,853 $72,793








(1) Derived from audited financial statements.

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PostHeaderIcon A billion App Store downloads, whenever Apple says so

It seems that if you set your clock forward to Friday the 24th, Apple’s homepage shows that the billionth app has been sold! Huzzah! Of course, that implies that Apple is pulling one over on us and will declare the billionth app sold whenever it feels the time is right.

Read more from the original source:
A billion App Store downloads, whenever Apple says so

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