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Finance News retail

Apple retail chief Ahrendts snags $25.8 in salary, stock and bonuses for 2015 financial year

If you ever doubted the power of corporate bonuses, keep in mind that Apple retail chief Angela Ahrendts just made almost $25.8 million in compensation last year, according to a regulatory filing. Ahrendts, who draws a $1 million base salary, has also been awarded a $20 million stock grant, a $4 million bonus and relocation […]

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Finance News Software

Apple purchases Emotient, speculation rises as to facial analysis possibilities

It’s hard to say what Apple plans to do with the small companies it invariably buys, but the speculation gets interesting. Most recently, Apple has purchased Emotient Inc., A startup that uses artificial-intelligence technology to read people’s emotions by analyzing facial expressions. Emotient itself has been sold to advertisers to help assess viewer reactions to […]

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App Store iOS News Software

Apple pulls Vidyo screen recording utility from App Store

If you were interested in the Vidyo screen recording utility, Apple’s yanked it from the App Store. The app allowed users to record their device’s screen on iPhone and iPad, even when you weren’t using the app itself. That meant you could also record your homescreen. The app made this possible by simulating an AirPlay […]

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News

Jeff Williams promoted to Apple Chief Operations Officer

The position that Apple CEO Tim Cook once held has been filled. On December 17th, Apple announced that Jeff Williams was named the new Chief Operating Officer. Williams joined Apple in 1998 as head of worldwide procurement and in 2004 he was named vice president of Operations. Since 2010 he has overseen Apple’s entire supply […]

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App Store Apple TV Apple Watch Finance News

Apple posts record earnings of more than $1.1 billion in App Store sales over 2015 holiday season

The numbers are in and Apple had a killer 2015 holiday season on the App Store, customers spending over $1.1 billion on apps and in-app purchases over a two week period and $144 million in App Store spending on January 1st. The total beat last year’s record in terms of gross purchases.