sales

Apple stores still top earners per square foot, study says

Apple's retail stores have once again nabbed the top spot when it comes to sales per square foot.

According to research firm RetailSails, compared with more than 200 chains in 15 different retail genres, Apple brought in the most money per square foot at its stores during the year.

According to the rankings (seen right), Apple made $6,050 per square foot during 2012, a little more than twice that of the runner-up, jewelry maker Tiffany & Co., which brought in $3,017 per square foot. By comparison, RetailSails pegged Apple for $5,626 per square foot in its … Read more

Ballmer says Microsoft Surface sales off to 'modest' start

Sales of Microsoft's new tablet are modest despite the fact that one model was sold out online for more than a week.

Speaking to French daily Le Parisien, Microsoft CEO Steve Ballmer said sales "are starting modestly."

Ballmer claimed that sales were constrained by the limits of the sales channel, according to the report. The Surface tablet is only available at the Microsoft Store online and, in the U.S., at a few dozen brick-and-mortar stores.

But demand for the tablet through Microsoft's sales channels was apparently high enough to trigger a shortage of the $499 … Read more

Facebook pushes you to vote

Monday's CNET Update has the power:

The CNET New York office has reopened, and it's great to be back to give you today's tech news roundup:

- Apple sold 3 million iPads in the three days since new models went on sale. That number includes the sales of two models: the iPad Mini fourth-generation iPad. But the bulk of the sales are estimated to be for the smaller tablet.

- Tuesday is election day in the U.S., so prepare to be bombarded with voting reminders and peer pressure on social media. Facebook is making a big push … Read more

iPad Mini launches with mini lines

While CNET's New York office waits for power to come back after the storm, we're bringing you the Update show from our San Francisco office. Friday's top tech stories include:

- iPad Mini launch day: Lines were smaller compared to a typical iPhone or iPad launch, but there were still some crowds. New York saw a long lines at the 5th Avenue store, which was sold out of iPad Minis two hours after it opened. One analyst estimates Apple might sell as many as 1.5 million iPad Minis over the weekend.

- Apple released its first … Read more

Apple's iPad Mini goes on sale overseas

Right on schedule, Apple's latest pair of tablets are on store shelves. Around the world, that is.

Retail sales of the iPad Mini and fourth-generation iPad began in New Zealand -- where it's already well into Friday -- and are now rolling into other countries.

The launch is Apple's biggest yet for an iPad at 34 countries, up from the 10 that got the company's third-generation model in mid-March.

CNET Australia, which captured some of the early sales action, described the number of shoppers as "far fewer" than for the iPhone 5, with any … Read more

Will Supreme Court protect your right to resell your own stuff?

The U.S. Supreme Court spent this morning wrestling with an obscure section of copyright law that could curb listings of used DVDs, CDs, books, and even GPS devices through marketplaces including eBay and Amazon.com.

Large copyright holders -- including software companies, the Motion Picture Association of America, and the Recording Industry Association of America -- have urged the court to limit Americans' right to resell legally purchased products manufactured outside the United States.

Many of the justices seemed skeptical. Justice Stephen Breyer suggested that the copyright holders' reading of the law would invoke a parade of "horribles,&… Read more

Apple earnings: $36B revenue, $8.2B profit, 26.9M iPhones, 14M iPads

Apple's knack for surprises held up in its quarterly earnings today.

The company narrowly beat expectations on revenue, but missed on profits.

Buoyed by sales of the iPhone and iPad, the company reported revenue of $36 billion and profits of $8.2 billion, or $8.67 per share, for the quarter ended September 29.

Wall Street expected Apple to report $35.80 billion in sales, with earnings per share of $8.75. Apple's own forecast for the quarter was $34 billion, with earnings per share of $7.65.

"We're very proud to end a fantastic fiscal … Read more

Sprint bleeds customers; sells 1.5 million iPhones

Sprint Nextel's losses widened in the third quarter as the company prepares to shut down its older Nextel network. It also reported it sold 1.5 million iPhones in the quarter.

The company, which is being bought out for $20 billion by Japan's Softbank, reported today that it lost $767 million, or 26 cents per share, compared with a loss of $301 million or 10 cents per share in the same quarter a year ago. Net operating revenue was up for the quarter to $8.76 billion from $8.33 billion during the third quarter last year. Analysts … Read more

Hackers steal customer data from Barnes & Noble keypads

Hackers broke into keypads at more than 60 Barnes & Noble bookstores and made off with the credit card information for customers who shopped at the stores as recently as last month.

The company discovered the breach on September 14 but kept it quiet while the FBI attempted to track the hackers. Hackers broke into the point-of-sale terminals at 63 stores across the country, including locations in New York City, San Diego, Miami, and Chicago.

Since discovering the breach, the company has uninstalled all 7,000 point-of-sale terminals from its hundreds of stores for examination. Although only one terminal in … Read more

Hoping for growth, Apple takes a different tack in India

Apple is reportedly on the verge of changing up its iPhone sales strategy in India to bolster sales in the region.

Citing a source familiar with Apple's strategy there, The Wall Street Journal says Apple plans to open up distribution of its iPhone to a considerably larger network of sales partners, all with the aim of making the device available outside of direct sales by local carriers.

The big reason for all this? Apple's iPhone footprint in India is a tiny, and actually on the decline. The Journal points to data from IDC that shows Apple garnered just … Read more