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July 21, 2015 Posted By:
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Analyst house Canalys is the latest to attempt to estimate demand for Apple’s debut wearable, the Apple Watch — forecasting Cupertino shipped 4.2 million over Q2, the device’s launch quarter Read More...
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July 21, 2015 Posted By:
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Today Apple released strong earnings, with the iPhone leading the charge. Many analysts have been speculating on Apple Watch sales numbers. The company already announced that it wouldn’t break out specific numbers for the Apple Watch, but Tim Cook meticulously explained how Apple feels about Apple Watch sales during the earnings call. Read More...
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July 21, 2015 Posted By:
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Less than a month after the launch of streaming service Apple Music, Apple’s CEO Tim Cook announced that “Millions and millions of customers are already experiencing Apple Music and the number is growing substantially every day” as part of today’s poorly-received Q3 earnings report. The question will be how many users continue to pay once their free trials expire and…...
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July 21, 2015 Posted By:
admin
In its earnings release today, Apple revealed that it now has $202.8 billion cash on hand in the form of cash, cash equivalents, short-term marketable securities, and long-term marketable securities. While only about 7.5 percent of this hoard is actually cash, the above terms are used in the corporate world to describe cash-like liquid assets. Notably, total company assets (including… Read More...
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July 21, 2015 Posted By:
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In light of some pretty recent major fluctuations in the Chinese stock market, Apple still managed to have a stellar quarter in China. During its third quarter, the company saw 112% year-over-year revenue growth in the Greater China region, which accounts for the company’s sales in China, Taiwan and Hong Kong. In the most recent quarter, the third of 2015, revenue in China… Read More...
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July 21, 2015 Posted By:
admin
It would appear that Apple can’t stop, won’t stop when it comes to iPhone sales.
After two blockbuster quarters in a row — Apple sold a record-breaking 74.5 million iPhones in Q1 2015 and 61 million iPhones in Q2 — Apple has completed what is traditionally its slowest quarter selling 47.5 million units of the iPhone. That’s a yearly increase of...
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July 21, 2015 Posted By:
admin
Apple has just released its fiscal Q3 2015 earnings, reporting $49.6 billion in revenue, $10.7 billion in net profit representing $1.85 per share. Compared to the year-ago quarter, it corresponds to a growth of 32.5 percent in revenue, and an impressive 44.5 percent jump in EPS. Despite this impressive growth rate, the company slightly missed compared to expectations — it’s...
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July 21, 2015 Posted By:
admin
CUPERTINO, California — July 21, 2015 — Apple® today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted...
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July 21, 2015 Posted By:
admin
We’re one step closer to getting the final builds of Apple’s latest crop of operating systems. Today, Apple released its fourth beta updates of iOS 9, OS X El Capitan and watchOS 2 to developers. Final Builds are set to be released this fall, likely in September if precedent holds. Read More...
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July 21, 2015 Posted By:
admin
Apple and MTV were supposed to announce the Video Music Award nominees. But it looks like many Apple services are down right now, including the iOS and Mac App Store, Apple Music (and Beats1), Apple TV, the iBooks Store, many iTunes services (iTunes in the Cloud, iTunes Match, iTunes Store, iTunes U) and the Podcasts app. Read More...
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