John Paczkowski

Recent Posts by John Paczkowski

Apple Stores Raking In Revenue

How’s this for a data point: Apple’s (AAPL) retail store revenue increased 72.8 percent year over year to $2.58 billion in the June quarter. That means, according to Needham analyst Charlie Wolf, Apple Store revenue for that period was greater than the company’s total quarterly revenue from the second quarter of fiscal 1996 through the fourth quarter of fiscal 2004.

The engine driving those rising revenues? The iPad, whose launch generated a 38.7 percent increase in visitors per store, a 52.9 percent increase in same-store revenues, and a stunning 106.3 percent increase in non-Mac revenues (click image to enlarge).

“Steve Jobs, Apple’s CEO, has often said the company is built on three legs–the Mac, the iPod, and the iPhone,” Wolf wrote in a note to clients. “We previously argued that the Apple Stores represented the fourth leg of the stool, given their outstanding success in building the Apple brand and in attracting Windows users to the Mac platform. However, with the launch of the iPad, Apple just added the fourth leg of the stool.”

Or it began building a second stool.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work