- 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.
- €285 million
- 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.
— Craig Bujnowski (@craigbuj) April 28, 2015