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Cook said during a call with analysts that the Apple Watch's sales beat the company's own internal projections. He added that sales of the wearable to consumers exceeded the unit sales of the first iPhone and iPad in their comparable launch periods. Apple Watch accounted for "well over" 100 percent of the sequential growth of "other products" and more than offset decline in iPods and accessories, Luca Maestri, Apple's chief financial officer, said during a call with analysts. He said Apple doesn't want to provide insight to competitors, so it's avoiding specifics.

In June research firm Slice Intelligence calculated, based on an analysis of email receipts, that Apple had sold 2.79 million Apple Watches since April, but Slice said in early July that daily sales had dropped 90 percent from the first week of sales to the beginning of July, Fellow research firm Strategy Analytics predicted in March that Apple would ship 15.4 million watch units in 2015, giving the company 54.8 percent of the global smartwatch market, KGI Securities analyst Ming-Chi Kuo echoed the 15 million figure in a May investors note, my daughter & i talk shit about you iphone case but a fellow Apple analyst, Morgan Stanley's Katy Huberty, believes Apple will sell 30 million watches during the first 12 months after launch..

PiperJaffray analyst Gene Munster on Tuesday initially believed Apple sold about 1.2 million Apple Watches, assuming the average selling price was $550. Munster later revised his forecast after Apple's earnings call to 2.5 million, which he called "in line with investor expectations." He said he made the change following Cook's comments. Still, even that level is below what Munster thought before the report -- 3 million -- and below what most analysts expected -- about 4 million, he said. "We believe the number may fuel investor concerns about the near and long-term wearable opportunity," he said in his first note after the earnings report was released. "It's too early to write the Watch off," Munster added, but he noted that analysts' estimates for sales of the device would likely be lowered on Wednesday.

Update, 2:10 p.m, PT: With additional information, comment from conference call and analyst comment, Update, 4:15 p.m, PT: With additional comments from conference call, Update, 5:40 p.m, PT: With my daughter & i talk shit about you iphone case PiperJaffray's revised forecast, The tech giant continued to benefit from booming iPhone sales during the June period, but it didn't sell as many as analysts had expected, Apple sold a lot of iPhones in the June quarter, but it wasn't enough to please Wall Street, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed at any time at our discretion..

Qualcomm, which is set to provide its fiscal third-quarter earnings on Wednesday, may also announce that it is examining whether to break up the company, The Wall Street Journal reported Tuesday, citing people who claim to have knowledge of the situation. The announcement, if it happens, would likely be viewed as a step in the right direction by Qualcomm's outspoken activist investor Jana Partners. Qualcomm declined to comment on the report. Jana Partners, an $11 billion New York-based hedge fund, has signaled its desire to change things up at Qualcomm ever since it acquired a $2 billion stake in the chipmaker earlier this year. Jana has called on Qualcomm to cut its expenses, more actively buy back shares to increase cash flow to investors, and consider separating its processor business from its patent-licensing operation.

Qualcomm is the world's market leader in processors for a host of mobile devices, including smartphones and tablets, The company's line of smartphone and tablet processors, called Snapdragon, are found in devices from Samsung, LG, HTC and others, Qualcomm also makes chips that handle voice and data transmission over cellular networks, The company's competitors include several prominent names in the technology industry, such as Samsung and my daughter & i talk shit about you iphone case Intel, The San Diego, California-based chipmaker has benefited greatly from the booming demand of mobile devices, Its revenue soared from nearly $15 billion in its fiscal year ended September 2011 to $26.5 billion in the fiscal year ended September 2014, Profit over that span nearly doubled from $4.3 billion to $8 billion..

However, as Jana and fellow critics have noted, while about two-thirds of the company's revenue comes from the sale of processors to device makers, the vast majority of Qualcomm's profit is generated off the licensing of its patent portfolio to mobile companies. That reality has not gone unnoticed by Jana. The investor has said Qualcomm could deliver to shareholders more value for their investment by breaking out its patent-licensing operation. In a stinging letter to Qualcomm in April, Jana said the company's chip business " is essentially worthless" at its current market value, which Jana argues, is nearly entirely made up of Qualcomm's licensing business.

In April, Qualcomm rebuffed Jana's attempts at a shakeup, saying that its "opportunities my daughter & i talk shit about you iphone case remain strong" and its executives have already considered a change in direction, but have decided against such moves, "Our Board of Directors and management periodically review our corporate structure," the company said at the time, "Prior reviews have concluded that the synergies provided by our business model create more value for stockholders than could be created through alternative corporate structures, We will continue to evaluate opportunities to enhance stockholder value and are committed to pursuing the right course of action for all of our stockholders."Qualcomm has started to take steps that appeal to shareholders, In the same statement in April, Qualcomm noted that it had authorized a stock-repurchase program to the tune of $15 billion and would buy back $10 billion worth of shares within the year, Jana, which called the move a fine first step, said it's not enough..

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