Earnings Impact summarizes the highlights
New Bombay, Maharashtra -- (SBWIRE) -- 07/28/2013 -- Peeling Apple’s core...
Peter Oppenheimer stated regarding iPhone sales “We sold 31.2 million iPhones compared to 26 million in the year-ago quarter, an increase of 5.2 million or 20%. Growth in iPhone sales in a number of both developed and emerging markets including the U.S., U.K., Japan, Brazil, Russia, India, Thailand and Singapore. iPhone 5 remains by far the most popular iPhone. iPhone unit sales in the U.S. increased 51%, compared to the year ago quarter. Based on research recently published by comScore, iPhone once again achieved the number one spot in the U.S. smartphone market for the three months period ending in May with over 39% share.”
Coverage of the Q3 2013 Earnings Call is available here
Is there more to Netflix besides House of Cards and Arrested Development?
Arising from concerns regarding their cash flow, David Wells commented that they have been clear and transparent about the fact that content investments are going to run ahead of P&L expense and weigh on free cash flow. A lot of their deals are cash upfront loaded and they have to be competitive buyers in the industry. They stated they would continue to make investments in originals and other content that will continue to weigh free cash flow but are comfortable with the viewing that follows from those content investments.
There were some interesting questions posed to them via the Internet, details of which can be found here
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