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News tagged ‘profit’


Google Will Need to Pay to Stay on iOS devices





Google will pay Apple $3 billion for this year to make Google the main search provider on Apple devices.


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Written by Nathalie

Tuesday, August 15th, 2017. 22:52

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New iPhone Models Have Entered Mass Production



The sources claim all three new models entered the mass production.


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Written by Nathalie

Thursday, August 10th, 2017. 16:30

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Apple Watch Series 3 May Be Released in Fall 2017



Apple has reportedly chosen its main supplier for the new Apple Watch series 3. The new Apple Watch may debut this fall already.


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Written by Nathalie

Thursday, July 27th, 2017. 15:53

Apple is Again Declared World’s Most Profitable Company



According to the Fortune list, Apple has become #1 in profits in the world.


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Written by Nathalie

Sunday, July 23rd, 2017. 0:26

Posted in All,Other

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Apple is Paying Millions of Dollars for the Equipment to Produce Parts for iPhone 8



The rumors say Apple has difficulties with making the iPhone 8 components. For this reason, the company reportedly paid millions of dollars to purchase the equipment capable of building the needed parts.


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Written by Nathalie

Sunday, July 16th, 2017. 10:34

Posted in All,Hardware,Other

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Apple Reveals Results for Financial Q1 2017



Apple has announced its financial results in the first quarter of fiscal 2017. According to the official figures, the revenue accounted for $78.4 billion and net profit made $17.9 billion. In 2016, the these numbers were different: $75.9 billion and $18.4 billion respectively.


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Written by Andrey

Wednesday, February 1st, 2017. 11:46

Apple Officially Announces Results in Fiscal Q4 2016



Apple announced its financial results in the fourth fiscal quarter of 2016 marking the decline in sales and revenue.

According to figures shared by the company, quarterly revenue accounted for $46.9 billion and quarterly net income totalled in $9 billion. International sales made 62% of the revenue. In the year-ago quarter, Apple reported about revenue of $51.5 billion and net quarterly profit of $11.1 billion.


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Written by Andrey

Wednesday, October 26th, 2016. 13:05

iPhone Ranked 5th Most Selling Smartphone in China



Apple’s business in China is not going well even though the company continues to invest in this market. According to the latest report shared by Bloomberg, the Cupertino tech giant has recently lost more than 1% of the smartphone market share in this country. The iPhone is currently the fifth top-selling smartphone with a share of 10.8%, which is down from 12% in 2015. The first place in the ranking is taken by Huawei, with other members of the top-five list including Vivo, Oppo, and Xiaomi.


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Written by Andrey

Saturday, July 9th, 2016. 17:22

Apple Announces Financial Results in Q2 2016



Apple has announced its financial results in the second quarter of fiscal 2016. According to the data shared by the company officials, revenue generated in the course of last couple of months is equal to $50.6 billion and net profit accounts for $10.5 billion. This quarter’s earnings demonstrate the first decline in revenue in 13 years. Just for you to compare, one year ago, the figures were noticeably higher, $58 billion and $13.6 billion respectively.


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Written by Andrey

Thursday, April 28th, 2016. 0:25

Apple Lowered Transaction Fees to Launch Apple Pay in China



As it was already reported, Apple launched Apple Pay in China last week. In accordance with the latest report from people familiar with the matter, to make the mobile payment system work in this Asian country, Apple had to halve the usual transaction fee. Currently, the fee is equal to  0.07% in China, while in the United States and other regions it accounts for approximately 0.15%.


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Written by Andrey

Tuesday, February 23rd, 2016. 15:17

Posted in All,Other,rumors

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Apple Officially Launches Apple Pay in China



Just as it was reported yesterday, Apple has today officially launched Apple Pay in China, making the mobile payment system available for millions of customers in this large Asian country. The debut of the service in China is quite an obvious step aimed at making Apple and its products and services more popular, luring new customers and increasing profits.


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Written by Andrey

Thursday, February 18th, 2016. 13:05

Posted in All,Financial,Official

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Apple Stops Selling iPhone 4s and iPhone 5c in India



Apple has just stopped selling the iPhone 4s and iPhone 5c in India in an attempt to increase the average selling prices of the iPhone 5s and other devices and in such a way make the business in this rather poor country more profitable.


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Written by Andrey

Wednesday, February 17th, 2016. 17:06

Apple Is No Longer World's Most Valuable Company



Apple is no longer the most valuable company in the world. According to the data shared by CNN, Google, or, to be more precise, Alphabet, has quietly surpassed the Cupertino-based tech giant and became the most expensive company. Apple shares now have a market valuation of about $532.7 billion, while those of Google have a valuation of about $533.4 billion.


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Written by Andrey

Tuesday, February 2nd, 2016. 13:25

Posted in All,Other,rumors

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Apple Announces Financial Results in Q1 2016



Apple on Tuesday announced the financial results in the first fiscal quarter of 2016. The tech giant posted quarterly revenue of $75.9 billion and net profit of $18.4 billion. In the year-ago quarter, Apple posted quarterly revenue of $74.6 billion and net profit of $18 billion, so looks like we have a new record here. The reason for such good results is quite obvious: first fiscal quarter corresponds to the fourth calendar quarter better known as the winter holiday quarter. Traditionally, Apple sells more products during these couple of months.


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Written by Andrey

Wednesday, January 27th, 2016. 17:50

TSMC Reports Record-Breaking Net Profit in 2015



One of Apple’s largest component suppliers, Taiwan Semiconductor Manufacturing Company (TSMC), has recently reported the record-breaking net profit generated by the orders for processors for Apple’s iPhones. In fact, the manufacturer managed to beat all the estimates the analysts made for the last year and earned $9.15 billion, which is 16.2% more than in 2014.


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Written by Andrey

Friday, January 15th, 2016. 19:33