Categories
Apple Finance iPhone News retail

Apple to freeze hiring in some sections of the company following anticipated revenue miss

Sometimes you have to tighten the belt a bit, even when your company was recently valued at a cool trillion smackers. Apple will reportedly reduce the number of people it is going to hire. The decision follows its much-discussed revenue miss for the last quarter and concerns about iPhone sales numbers. Following Tim Cook’s recent […]

Categories
Hardware iOS iPhone Legal News Patents Software

Apple looking to hopefully resolve Qualcomm dispute, partial iPhone sales injunction via iOS update this week

Amid the ongoing legal kerfuffle between Apple and chipmaker Qualcomm, which has in turn led to the ban of some iPhone model sales in China, Apple looks to be moving to settle this with a software update. The legal issue, which concerns Apple suing Qualcomm over royalty payments, has been ongoing for some time now, […]

Categories
Finance Hardware News retail

Apple announces U.S. expansion, forthcoming $1 billion campus in Austin, Texas

If you were hoping for Apple to bring new jobs to the United States, your wish is about to come true. Apple announced on Thursday that the company is building a new 133 acre, $1 billion, campus in Austin, Texas. The company also stated that it will build new spaces in Seattle, San Diego, and […]

Categories
App Store Finance iPad iPhone News retail

Apple posts $62.9 billion in revenue, $14.2 billion profit for Q4 2018 quarterly report

Apple has released its Q4 2018 numbers via its earnings conference call and they look impressive. The figures, which include two weeks of iPhone XS and iPhone XS Max sales, come to $62.9 billion in revenue with a $14.2 billion profit. The company sold 46.89 million iPhones, up from the previous quarter’s 41.3 million. 9.69 […]

Categories
AirPods Apple Watch Finance iPad iPhone News retail Wearables

Apple reports $88.3 billion in revenue for Q1 2018

Even if iPhone X sales are slumping, Apple still reported a record-breaking $88.3 billion in revenue for the quarter ending on December 31st, 2017. This represents a 13 percent increase over last year’s $78.4 billion. The company managed to sell 77.3 million iPhones in the three-month holiday quarter, about a million less than last year, […]