By now we've heard quarterly results from almost everyone, but Sprint is saving the best for last -- probably because they have little to shout from the rooftops about yet again.
Sprint has released its Q2 2012 financials (PDF link) and the company has again posted an insanely large loss of $1.4 billion against $7.3 billion in total sales. That looks even more grim than it sounds when you consider the company lost $847 million in the same quarter last year.
But the company is choosing to look on the bright side, boasting about its mere 1.69 percent churn rate -- a record low for the third-place carrier.
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Showing posts with label There. Show all posts
Showing posts with label There. Show all posts
Friday, July 27, 2012
Thursday, July 5, 2012
There Are 8 Apple Stores in Pennsylvania, But Only 6 in All of China
Sure, Pennsylvania might be one of the larger states in the U.S., but when Apple has eight retail stores to serve a population of 12.7 million but only six such outlets serving more than 1.3 billion in all of China, it's clearly a problem for Cupertino.
Reuters is reporting that Apple's retail store presence in China is no match for its population. With a population of 1.3 billion people hungry for the company's products, six retail stores pretty much guarantee long lines, scalpers and frustrated customers.
Back in 2010, then head of Apple retail Ron Johnson predicted the company would have 25 stores in China by 2012 -- a goal that is clearly no longer realistic.
"There's certainly more demand than Apple can serve with their store footprint currently," explains Torsten Stocker, a partner at the Monitor Group.
With two Apple Stores in Beijing, three in Shanghai and another in Hong Kong, Cupertino's retail footprint pales in comparison to the U.S. state of Pennsylvania, which has eight stores -- three of which are located in Pittsburgh alone -- serving a population of 12.7 million.
Now that Apple has settled its trademark dispute with Proview, the situation is expected to get even worse when the company's third-generation iPad is finally introduced in China.
However, the slow pace of growth at retail may not be entirely Apple's fault.
"There are complications around opening stores in China that you don't get in Western countries," said Andrew Milroy, the Singapore-based vice president of ICT Research who cites "red tape" as a key roadblock for foreign companies looking to expand in China.
Follow this article’s author, J.R. Bookwalter on Twitter
View the Original article
Reuters is reporting that Apple's retail store presence in China is no match for its population. With a population of 1.3 billion people hungry for the company's products, six retail stores pretty much guarantee long lines, scalpers and frustrated customers.
Back in 2010, then head of Apple retail Ron Johnson predicted the company would have 25 stores in China by 2012 -- a goal that is clearly no longer realistic.
"There's certainly more demand than Apple can serve with their store footprint currently," explains Torsten Stocker, a partner at the Monitor Group.
With two Apple Stores in Beijing, three in Shanghai and another in Hong Kong, Cupertino's retail footprint pales in comparison to the U.S. state of Pennsylvania, which has eight stores -- three of which are located in Pittsburgh alone -- serving a population of 12.7 million.
Now that Apple has settled its trademark dispute with Proview, the situation is expected to get even worse when the company's third-generation iPad is finally introduced in China.
However, the slow pace of growth at retail may not be entirely Apple's fault.
"There are complications around opening stores in China that you don't get in Western countries," said Andrew Milroy, the Singapore-based vice president of ICT Research who cites "red tape" as a key roadblock for foreign companies looking to expand in China.
Follow this article’s author, J.R. Bookwalter on Twitter
(Image courtesy of MacRumors and WeiPhone.com)
Tags: NewsApple RetailApple Retail StoresChinaexpansionHong Kongnew ipadPennsylvaniaretailReutersRon Johnson Here's What You'll Get:The latest Apple news, reviews and how-tosThe hottest articles from MacLife.comYour recommended daily dose of awesome Also, send me e-mail announcements and special offers from Mac
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Tuesday, May 8, 2012
There’s An Updated iPad 2 Out There with Improved Battery Life
When discounting their older product, most companies simply dump it into the market and call it a day. But Apple isn’t just any company -- an updated model of the $399 iPad 2 is floating around at retail, and it might improve battery life by as much as 16 percent.
Engadget is reporting that the lower-cost version of the iPad 2 introduced in March has quietly introduced a new 32nm A5 processor, and that could translate to improved battery life for budget-minded buyers.
The discovery was made by AnandTech, who did an extensive review on the upgraded model, which bears the
View the Original article
Engadget is reporting that the lower-cost version of the iPad 2 introduced in March has quietly introduced a new 32nm A5 processor, and that could translate to improved battery life for budget-minded buyers.
The discovery was made by AnandTech, who did an extensive review on the upgraded model, which bears the
View the Original article
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