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News › Apple

Apple

Notes from Apple’s Q1 2014 conference call

Last updated: May 19, 2021 10:36 pm UTC
By Phil Dzikiy

Apple’s Q1 2014 earnings conference call after the company’s reported record quarter started with Apple CFO Peter Oppenheimer discussing the company’s all-time quarterly records for iPhone and iPad sales. Oppenheimer cited iPhone market share numbers in various markets — he said iPhone has 69 percent of the smartphone market in Japan — in addition to mentioning web traffic numbers from iPhone and iPad.

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As of this month, 80 percent of iOS devices are running iOS 7, Oppenheimer confirmed, following Apple’s quiet release of those numbers earlier today.

Oppenheimer said iTunes services made $4.4 billion in the quarter, with $2.4 billion in sales from iTunes alone. Apple has paid a total of $15B to App Store developers.

Mentioning some specific apps, Oppenheimer said Clumsy Ninja was downloaded 10 million times in the first week of release, and Plants vs. Zombies 2 was downloaded 16 million times in the first five days of release. He also briefly mentioned iBeacon, which is now showing up in Apple stores.

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During the Q&A, Apple CEO Tim Cook said last week was the best ever in China for iPhone activations. “We really turned in a stellar quarter in greater China overall and we’re really proud of it,” he said.

Asked about mobile payments, Cook said, “The mobile payments … in general is one that we’ve been intrigued with … and that was one of the thoughts with Touch ID.”

On iPhone market share, Cook mentioned the growth in emerging markets, but also said, “Our North American business contracted somewhat year over year.” He said iPhone 5s supply wasn’t strong enough. Carriers changing their upgrade policies is also having a major effect on North American sales, Cook said.

When asked if Apple is still a growth company, Cook referred back to Oppenheimer’s comments while reiterating the iPod is bringing down the overall numbers.

On iPhone user growth, Cook also said Apple saw significant new-to-iPhone numbers on the 5c. “It’s typically not just upgraders,” he said.

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