Apple’s crazy Q2, AT&T’s mixed Q1 + China’s Instagram

 

Your Tuesday Mobile Pint: the top mobile stories from the past 24 hours, good to the last drop.

Apple reports Q2 2012 results: 35 million iPhones, $11.6 billion profit (via The Verge)
Apple just announced its Q2 2012 results with $11.6 billion in profit from $39.2 billion revenue — a huge increase from the $5.99 billion profit and $24.67 billion revenue reported in Q2 2011. Crazier still, the company sold 35.1 million iPhones — an 88 percent increase over the 18.65 million sold in Q2 2011 — 11.8 million iPads, 4 million Macs, and 7.7 million iPods.

AT&T’s Q1 2012 financials: wireless revenue up 5.4 percent with 726,000 net new subscribers (via The Verge)
The telecommunications giant’s total consolidated revenue of $31.8 billion represented a two percent increase year-over-year, while the wireless side added 726,000 new wireless subscribers, of which 187,000 were postpaid wireless subscribers. While AT&T says that it made gains in every customer category, it still trailed Verizon’s 501,000 net new postpaid wireless customers in Q1.

This Mobile Social App Is Way Bigger than Instagram, and It’s Made in China (via PandoDaily)
Weixin also offers a prime example of how Chinese Internet companies are not only willing to “borrow” ideas from their American counterparts, but also tweak them to provide a better (or, at the very least, different) consumer experience. For many Chinese users, though, there is no question: This thing is big.

The Rise Of Instagram: Tracking The App’s Spread Worldwide (via TechCrunch)
Instagram was launched about a year and a half ago, in October 2010. At the time, Distimo says the app was seeing under 10,000 downloads per day in the U.S. However, by April 2012, Instagram was generating well over 100,000 downloads per day in the iTunes App Store in the U.S.

At AT&T, iPhone continues to boom (via GigaOM)
The operator sold 5.5 million smartphones of which 4.3 million were iPhone activations. Of the iPhone activations, AT&T says a whopping 21 percent were net-new additions. In comparison, Verizon activated about 3.2 million iPhones during the first quarter of 2012. The demand for the iPhones is up year over year.

Enterprise Mobile Startup DoubleDutch Raises $2M Series A From Bullpen, Floodgate & Others (via TechCrunch)
The funding follows the company’s previous raise of $1.2 million a year ago, led by Lightbank. The startup, which makes mobile productivity applications for business customers, currently has two products on the market: Hive and Flock.

Zuck’s So Busy Buying Billion $ Companies, Facebook May Delay IPO. And That’s Good.
Would you prefer a CEO who’s in the trenches making their company worth more, or one who sings and dances for potential investors?

T-Mobile is buying neither Verizon’s story, nor its spectrum (via GigaOM)
Verizon is offering to part with a bunch of 700 MHz licenses if it gets permission to buy up the cable operators’ friendlier frequencies in the Advanced Wireless Services (AWS) airwaves. But one of the operators who stood to benefit the most from that sale, T-Mobile, isn’t interested and is urging the FCC to kill the Verizon-cable deal.

About the author

Douglas Soltys

Douglas is the former Editor-In-Chief of Inside BlackBerry, BlackBerry Cool, and QuicklyBored, which he launched as a mobile gaming industry site. His knowledge of mobile and social media led him to a job at RIM (BlackBerry), where he got to travel the world and do lots of cool things. He is often left-handed, but rarely sinister.

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