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Hardware Intel Processors Rumor

Intel’s shares fall as much as nine percent on rumors that Apple may switch to its own in-house processors for next-gen Macs

Apple may switch from Intel-based chips to its own chips that are being developed in-house, thereby causing Intel’s stock to take a beating. Intel shares dropped sharply on Monday after a report that Apple would switch from Intel’s chips to its own chips for use on Mac computers. As a result, Intel’s shares fell as […]

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Finance News

Apple to announce Q3 2017 financial returns on August 1st

If you want to know how Apple’s doing financially, check in on August 1st. Apple on Wednesday announced that it will reveal quarterly earnings for the third fiscal quarter of 2017, traditionally the slowest sales period of the year for the company. The upcoming earnings report is to be followed by a live-streamed conference call […]

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Finance iPad iPhone News

Apple posts $74.6 billion in revenue, $18 billion in profit for Q1 2015 financial report

It was a good quarter for Apple. Per 9to5Mac, Apple announced its Q1 2015 earnings results today, the company reporting US$74.6 billion in revenue and earning US$18 billion in profit during the three-month period. The results showed a gross margin of 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for […]

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Finance iPad News

Apple replies to negative commentary over iPad sales, states that market “isn’t saturated”

Apple posted great numbers across the board in yesterday’s fourth quarter financial statement, but there may be concerns about the iPad’s growth. Per AppleInsider, Apple’s chief executive Tim Cook explained why he remains “very bullish” about iPads de spite the tablet’s sales not maintaining the growth rates of iPhones or Macs in every region. In […]