Apple overtaken by Google in Enterprise Value despite having four times the cash flow

Image: jobsplane.in

Image: jobsplane.in

Apple has now been overtaken by Google in ‘Enterprise Value,’ a key measure of the value of a company, despite generating four times as much cash flow, reports Seeking Alpha.

While Apple’s market capitalisation (the total value of all its shares) remains higher, this value includes $141B in cash. Enterprise Value deducts any cash held by a company as – if you were wealthy enough to buy Apple – you effectively immediately get that back from the price you paid. EV is thus considered a better measure of the underlying value the market places on a company. By this measure, the market reckons Apple is worth $339B, while Google is now valued at $342B …  Read more

iTunes as a standalone business would be ranked 130 in the Fortune 500

itunes-growth

Asymco has calculated that if iTunes were a standalone business, it would be ranked 130 in the Fortune 500 list of top U.S. companies after its gross annual revenue grew 34 percent year-on-year to $23.5B. This would put it between Alcoa and Eli Lilly in the rankings, and is almost half of Google’s core search business – not bad for what was originally intended to be a break-even operation

Growth was driven by increases in revenue from App sales reflecting continued growth in the installed base of iOS devices and the expansion in the number of third-party iOS Apps available. Net sales of digital content, including music, movies, TV shows and books, from the iTunes Store was relatively flat in the first quarter of 2014 compared to the first quarter of 2013.

Asymco also calculated the cost to Apple of making both the Mavericks update and iWork software free …  Read more

PC Market exodus continues as LG considers quitting, Mac prices & margins leave Apple almost immune

ultrabook

PC manufacturers seem to be dropping like flies at present. Shortly after Sony confirmed it was selling its PC business and Vaio brand, LG is rumored to be planning its own exit from traditional PCs, to focus on smartphones, tablets and ‘convertible’ PCs (touchscreen Windows tablets that flip round into a laptop).

Other manufacturers are witnessing falling sales, prices and profits – with The Guardian calculating that the average profit per PC in the third quarter of 2013 fell to just £14.87 ($24.09). One manufacturer of conventional-format PCs, however, has remained almost immune to the trend: Apple …  Read more

Apple continues Mac anniversary celebrations with movie shot on iPhones, edited on Macs [Now live]

Apple’s celebrations of the 30th anniversary of the Mac are continuing with a 90-second video added to the Apple.com homepage today. The video was filmed on the anniversary itself.

On January 24, 1984, Apple introduced the Macintosh. And with it a promise that the power of technology, put in the hands of everyone, could change the world. On January 24, 2014, we sent 15 camera crews all over the world to show how that promise has become a reality.

From sunrise in Melbourne to nightfall in Los Angeles, they documented people doing amazing things with Apple products. They shot over 70 hours of footage — all with the iPhone 5s. Then it was edited and scored with an original soundtrack. Thanks to the power of the Mac and the innovations it has inspired, an effort that normally takes months was accomplished in a matter of days.

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Speculation and circumstantial evidence points toward possibility of Apple using solar in upcoming products

Image: 1iphone5wallpaper.com

Image: 1iphone5wallpaper.com

There has long been speculation about Apple incorporating a solar panel into its products, both for environmental reasons and to boost battery-life. There have been Mobile-Solar Apple Jobs that have vanished after discovery, tons of patents, trial rumors and of course the Solar effort/expertise on Apple’s Data Centers and new Campus 2 building. This week, Seeking Alpha has a highly speculative piece by Matt Margolis suggesting that the evidence may be mounting for the iPhone 6 being the product Apple uses to bring the Solar idea to market.

Before we get too far into the speculation, it is worthwhile to note that the surface area of an iPhone would hardly be enough to keep a charge let alone recharge a phone even with the most efficient solar technology in labs today. However, all of the evidence weighed together might make you forget all of that ‘science’…

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Apple’s success in enterprise market “unbelieveable,” with more to come, promises Cook

enterprise

Business Insider highlighted Cook’s celebration of Apple’s success in the enterprise market in the analyst call following its quarterly earnings report.

It’s up to unbelievable numbers. The iPhone is used in 97% of the Fortune 500, and 91% of the Global 500, and iPad is used in 98% of the Fortune 500 and 93% of the Global 500 [...] 90% of tablet activations in corporations are iPads. And 95% of total app activations were on iOS …  Read more