John Paczkowski

Recent Posts by John Paczkowski

Apple’s 10-K Shows Asian Stake Sizzling

Apple has found a real sweet spot in the Asia Pacific. The company’s retail presence in the region, along with a fast-developing brand preference for its products among higher-income consumers there, is generating blockbuster sales and profits.

To wit, the company’s latest 10-K filing, issued Wednesday, which shows net sales in the Asia Pacific region rising to $14.3 billion during 2011, compared to 2010.

That’s an increase of 174 percent.

Another data point: In 2010, the Asia Pacific segment represented 13 percent of Apple’s total net sales.

And in 2011?

21 percent.

That’s quite a year-over-year spike, but not all that surprising given Apple’s momentum in Greater China, which includes Hong Kong and Taiwan.

As Apple CEO Tim Cook said during the latest earnings call, the company’s prospects in China are very strong right now. “In my lifetime I’ve never seen a country with as many people rising into the middle class aspiring to buy products that Apple makes,” Cook said. “It’s an area of enormous opportunity. It has quickly become No. 2 on our list of top revenue countries very, very quickly.”


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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