News: Apple Reports Q2 Results
Apple announced financial results for its fiscal 2019 second quarter ending March 30, 2019. The Company posted quarterly revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International sales accounted for 61 percent of the quarter’s revenue…
News: Spotify Thinks Apple Should Play Fair
Spotify filed a complaint with the European Commission that Apple’s stacking the deck against them when it comes to how the service is sold on iOS devices. In addition, the company set up Time to Play Fair, calling out Apple’s anti-competitive behavior…
News: Angela Ahrendts to Leave Apple in April, Deirdre O’Brien Promoted to SVP of Retail + People
This was a bit of surprising news to see yesterday, but there has been a bit of a change in Apple’s retail area. Senior Vice President of Retail Angela Ahrendts will be leaving in April and Deirdre O’Brien will be adding retail to her responsibilities, as well as a promotion to senior vice president. She will report directly to Apple CEO Tim Cook…
News: Apple Reports Q1 Results
Apple announced financial results for its fiscal 2019 first quarter ending December 29, 2018. The Company posted quarterly revenue of $84.3 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $4.18, up 7.5 percent. International sales accounted for 62 percent of the quarter’s revenue…
News: Apple Lowers Guidance for Q1 2019
In a letter to investors, Apple CEO Tim Cook has adjusted the financial guidance for the fiscal 2019 first quarter that ended on December 29. It’s mostly the iPhone’s fault…