This is where things get tricky. iPhone workers have reportedly been walking out in significant numbers following a recent COVID-19 outbreak at the world’s largest iPhone assembly plant in Zhengzhou, China. While some are worried about the risk of infection, others are said to be unhappy about Foxconn’s lockdown policies, which have allowed the plant […]
Come October 27th, you’ll see where Apple is headed financially. Apple on Wednesday announced that it will hold its Q4 conference call for 2022 on October 27th. The call is expected to include a discussion from CEO Tim Cook and CFO Luca Maestri. According to the announcement, the call will take place at 2 p.m. […]
In the wake of Pakistan’s flooding disaster, Apple CEO Tim Cook has promised that the company will donate to flood relief and recovery efforts in Pakistan. The country was recently hit by severe glacial melt together with heavy monsoon rains that caused deadly floods. Per NBC News, a third of Pakistan was underwater with more […]
A series of reports has indicated that Apple is possibly backing out of the idea of acquiring game studio Electronic Arts (EA). The move follows months of what may have been negotiations between the two companies since May of this year. Additional rumors cite that Amazon may be looking to purchase EA, although reportage by […]
Apple on Thursday announced the financial results for its third fiscal quarter of 2022. For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter. Gross margin for the quarter stood at 43.3 percent, […]