OSX Mountain Lion out 25th July and Apple earnings miss predictions

Well the last two days have been very busy for Apple and me too which is why this post is a bit late. Yesterday Apple had its earnings call and while they were there released information on when Mountain Lion would be made available and turns out it is today (25th). Sadly the Apple Q3 earnings for 2012 weren’t as high as analysts predicted, however they were still massively higher than the figures from this quarter last year with $35 billion in revenue this year and $8.8 billion of profit, last year they had $28.57 billion in revenue and $7.31 billion in profit. The product which let them down and made Apple miss the analyst expectation was the iPhone.

There is speculation that this is due to the amount of rumours circulating about the arrival of the iPhone 5 in September which is putting many new consumers off as well as strong competition from Samsung’s Galaxy SIII. Apple’s revenues for the last several year are below:

Apple also announced the release of its new OSX iteration OSX Mountain Lion on their site Apple has listed all of the updates it will have in the OS a few of the include a power nap mode, Facebook integration as well as iMessages built in.