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iPhone News retail

Top three Russian wireless providers drop iPhone over subsidies, other costs

If you’re headed to Russia and need to pick up an iPhone, your options may have become a bit more limited, comrade. According to Fortune, three major Russian wireless providers have stopped carrying Apple’s iPhone, with the largest telecom, MTS, dropping the handset due to the high subsidy costs associated with being an Apple partner […]

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Finance News

Apple posts $8.8 billion profit, $35 billion in sales for Q3 2012 returns

There’s a nice ring to the words “US$8.8 billion quarterly profit”… Per Macworld, Apple announced its returns for the third quarter of 2012 yesterday, the company’s sales hitting US$35 billion, up 22 percent from US$28.6 billion last year while profits rose 20.5 percent to US$8.8 billion from US$7.3 billion. Earnings for the quarter were US$9.32 […]

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Finance News

Apple posts over $20 billion in sales, $4.31 billion profit for fourth quarter

Apple on Monday reported a “great fiscal quarter,” citing a quarterly profit of US$4.31 billion, compared to US$2.53 billion for the same period last year. Over the quarter, Apple recored US$20.34 billion in revenue, an increase of nearly 67 percent from the year-ago quarter’s sales figure of US$12.21 billion. Apple’s earnings of US$4.64 per diluted […]

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News

Apple Now Holds 7.4% of U.S. Market Share in Recent IDC Report

In spite of a lagging economy, Apple was able to keep its domestic market share above 7% in a 31% year-over-year comparison to 1.5 million units sold. Per AppleInsider, Apple outpaced the rest of the U.S. PC market, which also grew an impressive 24% in year-over-year during the fourth quarter (the three-month period ending December), […]