We’ve all been eagerly waiting for Apple to launch products in new product categories this year. But we are yet to see any new product launches so far.
Tim Cook on lack of new product launches in 2014: “It means more to us to get it right than to be first”
Apple has posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion, or $11.62 per diluted share in the second fiscal quarter of 2014 (first calendar quarter of 2014), compared to revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share in the year-ago quarter.
GameStop, the familiar American video games retailer, is making a significant push to broaden its business as used games becomes an ever more fragile market. According to The Star-Telegram, the company plans to extend its retail locations further into the realm of Apple devices and AT&T Mobility products, notably through more “Simply Mac” retail stores.
According to a research note from Christopher Caso, an analyst with Susquehanna, the iPod lineup will not be refreshed this year, which means that there won’t be a new iPod Touch to accompany the iPhone 6 launch in September. The report also states that Apple could be looking to replace the iPod line with the upcoming iWatch sometime in the future, indicating that the iPods are on their death beds now.