- What happened to iTunes?
- Now there’s an app for every media type
- Use Finder to sync and manage your iPhone, iPad, and iPod touch
- Upgrade your iTunes library
- Here are some things to know
- Where’s my media?
- All of your music is now in the Apple Music app
- Everything you watch is now in the Apple TV app
- Find podcasts in the Apple Podcasts app
- Listen to audiobooks in the Apple Books app
- How Apple Makes Money
- Apple’s biggest revenue sources are the iPhone and the Americas
- Key Takeaways
- Apple’s Financials
- Apple’s Business Segments
- Americas
- Europe
- Greater China
- Japan
- Rest of Asia Pacific
- Apple’s Recent Developments
- How Apple Reports Diversity and Inclusiveness
- Question: Q: What is apple doing now with the SIM failure issue of the iPhone 4s?
- Helpful answers
- If your iPhone is stuck on the Apple logo
What happened to iTunes?
With macOS Catalina, your iTunes media library is now available in the Apple Music app, Apple TV app, Apple Books app, and Apple Podcasts app. And Finder is where you can manage and sync content on your iPhone, iPad, and iPod touch.
Now there’s an app for every media type
With macOS Catalina, your music, videos, podcasts, and audiobooks are organized in to their own dedicated apps — the Apple Music app, Apple TV app, Apple Podcasts app, and Apple Books app. You can also access your iTunes Store purchases in these apps.
If you have a PC, you can continue to use iTunes for Windows to manage your media library, make purchases, and manually sync and manage your iPhone, iPad, or iPod touch.
Use Finder to sync and manage your iPhone, iPad, and iPod touch
Finder is the new place to back up, update, or restore your iPhone, iPad, and iPod touch. Just connect your device to your Mac and it appears in the Finder sidebar. And you can easily drag and drop files to your device.
Upgrade your iTunes library
After you update to macOS Catalina, just open the Apple Music app or Apple TV app to use your iTunes library in the new apps. Have multiple iTunes libraries? Learn how to switch between them in macOS Catalina.
If you open the Apple Podcasts app or Apple Books app first, you won’t see any of your media until you open the Apple Music app or Apple TV app.
Here are some things to know
- The Apple Music app and Apple TV app read the contents of your iTunes library — so don’t delete your iTunes library.
- If you open the Apple Music app and don’t see all of your album artwork, leave the Apple Music app open so your album artwork can finish downloading.
- If you previously used multiple iTunes libraries, your audiobooks are imported in to the Apple Books library and podcasts are imported in to the Apple Podcasts library on your computer.
Where’s my media?
Here’s where you can find your entire media collection, access your iTunes Store purchases, and synced libraries.
All of your music is now in the Apple Music app
The Apple Music app is where you can find all of your music, including music that you imported in to iTunes, purchased from the iTunes Store, and playlists and smart playlists that you created in iTunes. And if you subscribe to Apple Music, you can stream and download millions of songs, and access your entire music library across all of your devices.
Looking for the iTunes Store?
If you don’t see the iTunes Store in the sidebar, here’s how to find it:
- Open the Apple Music app.
- In the menu bar, choose Music > Preferences.
- Go to the General tab and select iTunes Store.
- Click OK.
Everything you watch is now in the Apple TV app
The Apple TV app is the new home for all of your movies, TV shows, and home videos — including your purchases from iTunes. Browse movies and TV shows that you can buy, rent movies, and subscribe to just the channels that you want to watch. And soon you can discover new favorites with Apple TV+.
Find podcasts in the Apple Podcasts app
Find all of the shows that you’ve subscribed to or added to iTunes in the Apple Podcasts app. Continue listening to your favorite podcast episodes. And discover new shows that you might like based on the ones that you’re already listening to.
Listen with the Apple Podcasts app on your iPhone or iPad .
Listen with the Apple Podcasts app on your Mac.
Listen to audiobooks in the Apple Books app
Find your audiobooks, including the ones that you purchased from iTunes, in the Apple Books app. Discover new books to read in the Book Store. Or buy audiobooks from the new Audiobook Store so you can listen on the go.
The Apple Music app, Apple TV app, Apple Podcast app, and Apple Books app aren’t available in all countries and regions. Learn what’s available in your country or region.
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How Apple Makes Money
Apple’s biggest revenue sources are the iPhone and the Americas
Apple Inc. (AAPL) is a global technology company that designs, manufactures, and sells smartphones, personal computers, tablets, wearables, and accessories. Some of its main products include the iPhone, the Mac line of personal computers and laptops, iPad, Apple Watch, and Apple TV. The company also has a fast-growing services business that includes its iCloud cloud service, and its digital content streaming services such as Apple Music and Apple TV+, the latter launched in November 2019.
Apple faces numerous competitors including smartphone manufacturers Samsung Electronics Co. Ltd. (005930) and LG Electronics Inc. (066570), computer manufacturers Lenovo Group Ltd. (0992) and Dell Technologies Inc. (DELL), streaming-content providers Spotify Technology S.A. (SPOT) and Netflix Inc. (NFLX), and other technology companies like Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL), and Amazon.com Inc. (AMZN).
Key Takeaways
- Apple sells smartphones, personal computers, tablets, wearables and accessories, and services.
- iPhones are Apple’s biggest source of revenue by product, and the Americas is the largest revenue generator among its geographic regions.
- Apple’s services business generates the highest gross margins.
- Apple recently acquired classical music streaming service Primephonic.
- Apple announced changes to its ecosystem that will allow developers to offer payment options to users of their apps outside of the App Store.
Apple’s Financials
Apple posted net income of $21.7 billion on revenue of $81.4 billion in Q3 of its 2021 fiscal year (FY), the three-month period that ended June 26, 2021. Apple refers to revenue as net sales in its financial reports. Both net income and revenue rose compared to the year-ago quarter. Net income grew 93.2% as revenue climbed 36.4%.
Both Apple’s Products and Services businesses grew during the quarter. Revenue for the Products business rose 37.4% compared to the year-ago quarter, comprising about 79% of Apple’s total revenue. Among its products, iPhones comprised 49% of total revenue; Macs (10%); iPads (9%); and Wearables, Home and Accessories (11%). Services revenue grew 32.9% compared to the same quarter a year ago, comprising 21% of Apple’s total revenue.
Apple has mounted a major corporate strategy to reduce its dependence on lower-margin hardware products, which face slowing growth, while accelerating the growth of its Services business, which has higher margins and a more predictable, recurring revenue stream. Apple has introduced many new services in recent years, including Apple Arcade, Apple TV+, Apple News+, and Apple Card. The company now offers many of its services in one simple plan called Apple One.
The high margins in Apple’s Services business have continued to rise. Gross margin as a percentage of sales was 69.8% in Q3 FY 2021. Its annual gross margin in FY 2020 was 66.0% compared to 63.7% in FY 2019 and 60.8% in FY 2018. Gross margin as a percentage of sales for Products was 36.0% in Q3 FY 2021. It was 31.5% in FY 2020, down from 32.2% in FY 2019 and from 34.4% in FY 2018.
Apple’s Business Segments
Apple provides a breakdown of revenue and operating income for the following geographical segments: Americas; Europe; Greater China; Japan; and the Rest of Asia Pacific.
While the U.S. is still the dominant market, Asia is rapidly catching up. In Q3 FY 2021, markets in China, Japan, and Asia Pacific contributed 36% of operating income and 33% of revenue. That makes the Asia region dramatically more important than Europe to Apple for growth and profits.
Americas
The Americas segment includes both North and South America. Revenue grew 32.8% in Q3 FY 2021 to $35.9 billion, comprising about 44% of Apple’s total revenue. Operating income grew 62.0% to $12.9 billion, comprising about 41% of the operating income for all segments.
Europe
The Europe segment includes European countries, as well as India, the Middle East, and Africa. Revenue grew 33.7% in Q3 FY 2021 to $18.9 billion, comprising about 23% of Apple’s total revenue. Operating income grew 60% to $7.1 billion, comprising about 23% of combined operating income for all segments.
Greater China
The Greater China segment includes mainland China, Hong Kong, and Taiwan. Revenue rose 58.2% in Q3 FY 2021 to $14.8 billion, comprising about 18% of Apple’s total revenue. Operating income rose 84.6% to $6.3 billion, comprising about 20% of the combined operating income for all segments.
Japan
Revenue for the segment rose 30.2% in Q3 FY 2021 to $6.5 billion, comprising about 8% of Apple’s total revenue. Operating income rose 43.4% to $3.0 billion, comprising about 10% of the combined operating income for all segments.
Rest of Asia Pacific
The Rest of the Asia Pacific segment includes Australia and those Asian countries not included in the company’s other reportable geographic segments. Revenue for the segment grew 28.5% in Q3 FY 2021 to $5.4 billion, comprising about 7% of Apple’s total revenue. Operating income grew 54.0% to $2.1 billion, comprising about 7% of the combined operating income for all segments.
A note to readers that the combined operating income used in the segment breakdowns above and in the pie charts was $31.5 billion in Q3 FY 2021. To arrive at Apple’s lower, reported consolidated operating income of $24.1 billion for the quarter, Apple makes deductions for research and development expenses and other corporate expenses.
Apple’s Recent Developments
On Aug. 30, 2021, Apple announced that it has acquired Primephonic, a classical music streaming service. Financial terms of the transaction were not disclosed.
On Aug. 26, 2021, Apple announced that developers will be able to share purchase options with users of their apps outside of Apple’s ecosystem. The change, which comes as part of a proposed settlement of a class-action lawsuit, will make it easier for Apple’s customers to use forms of payment other than the App Store.
How Apple Reports Diversity and Inclusiveness
As part of our effort to improve the awareness of the importance of diversity in companies, we offer investors a glimpse into the transparency of Apple and its commitment to diversity, inclusiveness, and social responsibility. We examined the data Apple releases to show you how it reports the diversity of its board and workforce to help readers make educated purchasing and investing decisions.
Below is a table of potential diversity measurements. It shows whether Apple discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall, as is marked with a ✔. It also shows whether Apple breaks down those reports to reveal the diversity of itself by race, gender, ability, veteran status, and membership in the LGBTQ+ community.
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Question: Q: What is apple doing now with the SIM failure issue of the iPhone 4s?
Here’s the thing, EVERYONE as in EVERYONE is complaining how the iPhone 4s loses signal and you have to re-boot it everytime to get the signal back. Changing SIM cards did not work, nor did upgrading to 5.0.1. What the **** am I supposed to do? Its very very annoying because I found out that my some of my messages were not sent to my respective contacts, since I lost my signal or if i have to make I call, the signal will drop! what is going on?
iPhone 4S, iOS 5.0.1
Posted on Feb 28, 2012 4:39 AM
Helpful answers
Dear Level 3, 4 and 5 full of points Sirs,
Please check this https://discussions.apple.com/thread/3390945?start=1095&tstart=0 link. 74 pages of people complaining is not everyone, but is a quite of people as well, from all over the world, having this issue, including myself. Update 9A406 is useless. OS5.1 beta 3 has fixed it for a while, but Apple´s silent about this is a shame.
Please be kind with vee_vee because he has his reasons. Deny the problem will not help to fix it.
Feb 28, 2012 12:05 PM
I also had this problem on both my iPhone 4 and 4S. The carrier was Vodafone and I live in Europe. iOS 5.0.1 A9406 did not solve the problem.
Someone before has already pointed out the topic(s) in this forum related to the «INVALID SIM» issue. Generally speaking it’s a quite widespread problem in several countries of the world. Including Europe and the USA, without a specific pattern. As far as it is known in Europe not all carriers are experiencing this problem (i.e. in Italy «3» and «Tim» are not registering any problem on their iphones 4S whereas «Vodafone» and «Wind» do).
It is a problem that Apple has started to address with iOS 5.0.1 9A406. For all remaining cases experiencing the issue I am confident that they will be addressed too with the new software version coming in the next future. Due to the NDA I signed as a developer I cannot tell you anything more than that. I can only suggest you to be patient for a bit more and to wait the next iOS version with confidence.
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If your iPhone is stuck on the Apple logo
If you have iOS 13 or later, and tried to restore your iPhone from a backup or tried to migrate your iPhone from a previous device, you might see the Apple logo and progress bar on your screen for more than one hour. Learn what to do.
If you have the issue above, follow these steps:
- Make sure that the progress bar on your iPhone screen hasn’t moved for at least one hour.
- If the progress bar hasn’t moved for more than one hour, connect your device to a computer, then put your device into recovery mode with these steps:
- iPhone 8 and later: Press and release the Volume Up button. Press and release the Volume Down button. Press and hold the Side button. Keep holding the Side button until you see the recovery mode screen.
- iPhone 7 and iPhone 7 Plus: Press and hold both the Volume Down button and the Sleep/Wake button. Keep holding the Volume Down button until you see the recovery mode screen.
- iPhone 6s and earlier: Press and hold both the Sleep/Wake button and the Home button. Keep holding the Home button until you see the recovery mode screen.
- On a Mac with macOS Catalina 10.15 or later, open the Finder. On a Mac with macOS Mojave 10.14 or earlier, or on a PC, open iTunes. When asked to update or restore, choose Update. This will update your device to the latest version of iOS. If you choose Restore, it will erase your iPhone.
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