- Warner, Redbox agree to 28 day delay on disc rentals, UltraViolet support for Redbox Instant
Redbox and Warner Bros. were at odds in January when Warner wanted to extend the window before discs hit kiosks to 56 days, but now the two have come to an agreement that keeps it at a 28 day delay. When their previous deal expired Redbox said it would find other ways to obtain discs and offer them day and date to its customers, although actually finding them in kiosks could be tough. The new two-year deal covers movies that debut after January 1st, 2013, and claims to improve economics for both Warner (which has apparently seen fit to eliminate the delay entirely for brick & mortar renters) and Redbox. Additionally, Redbox has joined with the DECE team and will support UltraViolet with its upcoming Redbox Instant service. With the new deal, it can offer UltraViolet digital access to Warner movies, and distribute movies through its subscription service. We’ll have to wait for Redbox Instant to launch to know more information about that, for now check out the details in the press release after the break.
Filed under: Home Entertainment, HD
Warner, Redbox agree to 28 day delay on disc rentals, UltraViolet support for Redbox Instant originally appeared on Engadget on Thu, 25 Oct 2012 16:51:00 EDT. Please see our terms for use of feeds.
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- Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit
Just a day after introducing the iPad mini, a revised iMac, a 4th-generation iPad and a retooled Mac mini, the company is outing its Q4 2012 earnings — and it looks as if it has narrowly fell short of Wall Street estimates. Revenue was pegged at $36 billion (compared to estimates of $35.08 billion), with net profit at $8.2 billion. For the sake of comparison, the outfit’s fourth quarter of 2011 saw $28.27 billion in revenue alongside $6.62 billion net profit — at the time, those comically large numbers were actually not up to Wall Street’s comical expectations. If you’re looking for a quarter-over-quarter comparison, the company’s Q3 2012 report showed $35 billion in total revenue, with $8.8 billion in net profits.
The company is guiding for $52 billion in revenues for Q1 2013, while announcing that it sold 26.9 million iPhones (up from 17.01 million a year ago), 14 million iPads (up from 11.12 million) and 5 million Macs (up from 4.89 million) in this quarter. As for the waning iPod business? Predictably, it sold just 5.3 million of those, representing a 19 percent drop from the year-ago quarter. Naturally, the company is expecting its next earnings report to be the one that blows everyone away, with holiday sales — combined with a slew of new kit — to propel things leading into 2013. Apple also announced that shareholders that hold stock as of November 12th will pick up a $2.65 / share dividend.
As for other specifics, we’re told that gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter, while international sales accounted for 60 percent of the quarter’s revenue. Peter Oppenheimer, Apple’s CFO, proudly boasted: “We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.” As for the outfit’s current stash of on-hand cash? $121.3 billion. Yeah. The financial results call will get going at 5PM ET, and we’ll be liveblogging it right here!
Continue reading Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit
Filed under: Desktops, Laptops, Apple
Apple Q4 2012 earnings: $36 billion in revenue, $8.2 billion net profit originally appeared on Engadget on Thu, 25 Oct 2012 16:31:00 EDT. Please see our terms for use of feeds.
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Apple | Email this | Comments - The Engadget Podcast is live tonight at 5PM!
Tim’s off flying planes on the other side of the world. Thankfully, however, nothing really happened this week in tech news, right? Right?
Continue reading The Engadget Podcast is live tonight at 5PM!
The Engadget Podcast is live tonight at 5PM! originally appeared on Engadget on Thu, 25 Oct 2012 16:30:00 EDT. Please see our terms for use of feeds.
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