Apple said revenue from the iPhone jumped 28 percent during the crucial holiday shopping season. The results arrived with an unusual level of anticipation, even for a company as high-profile as Apple, because of anxiety among some investors about Apple's ability to sustain its growth and create new hit products. Apple's stock has lost about a quarter of its value since September, erasing more than $170 billion of its market value.
Apple said its net income for its fiscal first quarter ending Dec. 29 was $13.1 billion, or $13.81 a share, compared with $13.1 billion, or $13.87 a share, in the same period a year earlier.
The company's revenue was $54.5 billion, up from $46.33 billion a year ago.
Shares of Apple fell almost 10% in after-hours trading.
Focus Taiwan reported HTC One's major set-back on the production of its super important ultrapixel camera components. This comes at a time when HTC needs to be at its most creative and timeliest to redeem itself following years of dwindling sales of its devices.
Insiders reported that the company's key people were informed by their suppliers that two major components of their ultrapixel sensor were extremely limited and will reduce the production of HTC One units to less than half of what was planned.
Consequently, HTC units that were promised to different market segments will also be decreased, leading many to believe that delay in launch of the HTC One to other markets is inevitable.
It could also just be a marketing ploy, which many really hoping that it is. The HTC One was originally slated to be released on March 15th, a day after the extravagant launch of the currently MOST anticipated phone in the market, the Samsung Galaxy S4. It just makes sense to let the hype over the other phone die down first, before introducing their flagship device, for less distraction possibly.