News: Apple Reports Q2 Results
Apple announced financial results for its fiscal 2013 second quarter ending March 31, 2012. In the conference call, Apple posted quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share…
News: T-Mobile to Finally Get the iPhone
T-Mobile is finally getting the iPhone on April 12, to coincide with the launch of its LTE network and Uncarrier initiative. As the company is moving away from contracts, the phone will cost $99 initially, with 24 months of $20 payments…
News: Apple Releases Mac OS X 10.8.3
After a very, very long wait, Apple has released a major update to Mac OS X 10.8. Besides the usual bug fixes and such, other headlining features and changes include redemption of Mac App Store gift cards via the camera and Boot Camp enhancements…
News: Apple Kinda Figuring Out What to Do With Cash
Earlier today, Apple issued a statement on its plans for its cash balance—in short, it plans to return $45 billion to shareholders over the next three years. This seems to be specifically a response to an open letter from Greenlight Capital urging Apple shareholders to vote against a proposal (known as Proposal #2), as Greenlight interprets this as eliminating preferred stock…
News: Mac Pro Sales to Halt in Europe on March 1
Although the Mac Pro is badly outdated and has been neglected by Apple from some time, apparently it’s also not going to be welcome in most of Europe and select other countries in about a month. MacRumors is reporting that the Mac Pro will be discontinued (in its current form) beginning March 1, due to lack of compliance with new regulations. This will take place in all the European Union countries, along with EU candidate countries, Iceland, Liechtenstein, Norway, and Switzerland…
News: Apple Reports Q1 Results
In one of the most anticipated quarterly earnings reports yet, Apple announced financial results for its fiscal 2013 first quarter ending December 29, 2012. In the conference call, Apple posted quarterly revenue of $54.5 billion and quarterly net profit of $13.1 billion, or $13.81 per diluted share…