Apple reports third quarter results, makes $8.8 billion in profit

Apple today announced the results of the third financial quarter of the year and as usual the numbers are impressive.

The company reported a quarterly revenue of $35 billion, with quarterly net profit of $8.8 billion. Compared to this, last year Apple made $28.6 billion in revenue and $7.3 billion in profit, in the same quarter.

But even though the year-over-year growth is impressive, this was a slow quarter for Apple, as numbers dropped from the second quarter this year.

The major reason for the drop is due to the iPhone sales, which although sold an impressive 26 million units this quarter, could not match the 35.1 million from the last quarter. And since Apple earns a big chunk of its revenue from the iPhone, the drop in iPhone sales has also resulted in a drop in the overall revenue and thus the profits. It has also resulted in Apple missing the analysts target, even though it surpassed its own.

The reason for the drop in the iPhone sales is speculated upon the arrival of the next generation model in the coming months. As usual, consumers are doing the smart thing of waiting to see what Apple comes up with next before signing that two-year contract for their next iPhone.

Due to this behavior, it is predicted that the next quarter will also be slow for Apple, until the first financial quarter of next year when it finally gets back in the game due to the holiday sales and the release of new products.

As far as other products are concerned, the iPad is the only one that showed growth, with a stunning 17 million units sold this quarter. The Mac sold 4 million units this quarter, same as the last one and the iPod continues its slow decline with 6.8 million units sold.

Below you will find a table detailing this quarter's results compared to the previous one this year and the one last year.

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Toshiba announces REGZA T-02D Android smartphone for Japan

The T-02D is the latest in Toshiba's range of REGZA smartphones for Japan. This one comes with a 13.1 megapixel Sony EXMOR R BSI sensor and claims to go as high as ISO 25,600 equivalent ISO, although what kind of images you'll get at that sensitivity remains to be seen.

Other features on this phone include a dual-core 1.5GHz Snapdragon S4 processor, 1GB of RAM, 4.3-inch, qHD NEW AMOLED Plus display with Corning Gorilla Glass coating, fingerprint sensor, water IPX5/8) and dust-resistance (IPX5), 1,800mAh battery and Android 4.0.

The phone will be available on NTT DOCOMO network, starting July 26.

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Samsung 'Gogh' SPH-L300 images leak

It seems Samsung is planning a new smartphone for Sprint's equally new 4G LTE network and we have got some pictures of it as well. The Samsung SPH-L300 or '‘Gogh’ as it is known for now, comes across as a mid-range smartphone but with some pretty good specs.

For starters, it is said to have a dual-core Snapdragon S4 processor, same as the one inside the US version of the Galaxy S III, except on the Gogh it has been underclocked to 1.2GHz from 1.5GHz. Other specs include 4-inch, 800 x 480 Super AMOLED Plus display, 1GB RAM, 5 megapixel camera, NFC with Google Wallet support and Android 4.0.4, Ice Cream Sandwich.

The phone has a very simple and almost bland look to it. It also looks quite similar to some of HTC's phones, such as the Desire.

No price or release date is available at the moment but the phone is said to be announced soon. Check the source link for more pictures.

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ZTE N880E is the company's first Android 4.1 Jelly Bean device

In case you were expecting Samsung, HTC, LG, or Huawei to be the first to launch an Android 4.1 Jelly Bean smartphone, which is not part of the Google Nexus family, we have a surprise for you. The ZTE N880E is the first non-Nexus device to enter the currently small club of handsets, which boot Android 4.1 out of the box.

ZTE boast that the impressive feat has been accomplished thanks to the Chinese giant's good relationship with Google, combined with the company's "extensive R&D capabilities and our experience of customizing devices for partners around the world." Regardless of the reasons though, we think it's a remarkable event anyway you look at it.

In terms of specs, the ZTE N880E will hardly blow you away. Launched back in May with Android 2.3 Gingerbread on board, the smartphone features a single-core Qualcomm CPU, clocked at 1GHz and 512MB of RAM. A 4" WVGA display, 3.2MP camera, 4GB of expandable memory, and 1650mAh battery complete the highlights of the spec sheet. The measures of the N880E are 119mm x 61mm x 10.4mm, and its weight comes at 130 grams.

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Xiaomi MI-2 leaks, might be the cheapest quad-core out there

   
The Xiaomi MI-2

Xiaomi is the Chinese manufacturer, which brought us the MI-1 - an affordable and capable dual-core smartphone with a deeply customized Android experience, thanks to its MIUI launcher.

Now, almost a year later we got a glimpse of what's next to come from Xiaomi. Allegedly named the MI-2, the device in the leaked photosis reportedly a quad-core phone with a 720p display. It's supposed to offer a dual-LED camera on the back and a two-tone back panel - a black strip around the camera and the loudspeaker, and a side-removable blue panel.

The Xiaomi MI-2 is rumored to cost 1.999 Yuan or around $313 (€259), which is a pretty tempting price for an unlocked handset. The MI-2 is expected to be officially unveiled next month.

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Next iPhone will feature a 19-pin connector, Reuters confirms

We're hearing new reports about a smaller dock connector debuting on the iPhone 5 - this time courtesy of insider sources close to Reuters. While we've heard before that the next iPhone will feature a smaller dock connector this is the first time we get a sneak peek at the actual size. According to the undisclosed sources the new dock connector will be 19-pin, instead of the previous 30-pin one.

The new smaller dock will open up space at the bottom for the migrating 3.5 mm headphone jack (which makes its way down from the top of the device), whilst keeping the microphone and speaker grills at their previous locations, albeit with a different design.

A new connector will surely infuriate the numerous owners of accessories, tailored for the iPhone, iPad and iPod Touch. And it makes us think why put a brand new connector instead of just switching to the popular microUSB. Apple is sure to have its reasons, but on the surface it looks like a move motivated mostly by the company's aim to sell more accessories.

In other news DigiTimes reports that Taiwan-based Pegatron has begun production of the next iPhone in their Shanghai factory. The iPhone 5 should hit the shelves around October with sources suggesting it will feature a bigger display of 16:9 aspect ratio, an updated design and finally sporting the shiny newiOS 6 (but you knew that already, didn't you).

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Jelly Bean updates for Galaxy S III, S II already in the works?

Unlike HTC, Samsung is yet to announce the list of devices that will get Android 4.1 Jelly Bean. Insiders have talked to SamMobile, however, and said that Samsung is already testing Jelly Bean on the Samsung Galaxy S III.

The new flagship is proving to be a strong seller and Samsung is reportedly close to finishing up the update - there's no planned date yet, but August or September are reportedly a realistic target.

An update for the predecessor - the Samsung Galaxy S II - is also being tested, but it is less certain as Samsung is yet to evaluate how well the new OS with its customizations on top runs on the older hardware.

The company will reportedly place more focus on updating its high-end devices, so the Galaxy Note and Galaxy Tab 7.7 (which use pretty much the same internals as the S II) also have a chance of getting an update.

By the way, both the Galaxy S III and the S II have alreadygot the chance to taste Jelly Bean through CyanogenMod 10 (and other ROMs too). Still, Samsung hasn’t committed to any updates officially, so which devices get what and when is yet uncertain.

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