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Weekly#112

    • Apple latest Q results (WSJ)
      • Led by the larger-display iPhones it introduced last fall, Apple on Monday said it sold 61.2 million iPhones in the three months ended March 28, up 40% from the year-earlier period.
      • The average selling price of an iPhone during the latest quarter was $659, up more than $60 compared with a year earlier.
      • In the six months since Apple introduced the new iPhones, the company’s revenue increased by more than $29 billion, compared with the year-ago period. That is roughly equal to Nike Inc.’s annual revenue in 2014.
      • gross margin, a closely watched measure of profitability reflecting the percentage of revenue that remains after manufacturing costs, was 40.8%, above its estimated range of 38.5% to 39.5%
      • At the end of March, Apple’s cash totaled $193.5 billion, up from $178 billion at the end of December. That is greater than the market capitalization of all but 15 other companies in the S&P 500.
  • Build 2015: Keynote Highlights

  • Salesforce World Tour Chicago
  • European VC Investment in Q1 2015 (WSJ)
    • €285 million
      The largest fund of the quarter was HV Holtzbrinck Ventures Fund VI which accounted for 33% of the total amount raised for 1Q 2015.
    • €2.6 billion
      The amount European companies raised in 345 deals during 1Q 2015, an increase of 41% in the amount raised from 4Q 2014 despite a 5% slide in the number of deals completed.
    • 1st Place
      Germany was the most favored destination for equity financing during 1Q 2015, receiving €921 million across 64 deals. The country took 35% of all equity financing for the quarter, tripling its 4Q 2014 investment total.
  • Selfie Arm (Business Insider)
  • 10 things humans are doing right now to reach Mars (Business Insider)

  • How Sony Makes Money Off Apple’s iPhone (WSJ)
    The Japanese company is the world’s largest supplier of image sensors in digital cameras. To meet surging demand, Sony plans to invest $375 million in its image-sensor factories on top of nearly $900 million announced earlier this year.