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News tagged ‘profit’
Advertisers Lose Hundreds of Millions of Their Profit Because of New Safari Feature
The Intelligent Tracking Prevention feature Apple introduced in Safari led to a million dollars loss to advertising companies.
Leave a comment300 iPhones X Stolen Before the Release in San Francisco
Three men have robbed the UPS truck that was to deliver over 300 iPhone X to the San Francisco Apple Store. The incident took place at 11 a.m. on Wednesday.
Apple May Cease Partnership With Qualcomm
Qualcomm was reportedly trying to prevent Apple from producing iPhones in China. According to The Wall Street Journal, Apple is thinking about ceasing the partnership with Qualcomm and instead buy parts for iPhone and iPad from Intel or MediaTek.
Some Economists Are Not Optimistic About Apple Stock
Max Wolff, chief economist at Disruptive Technology Advisers, is concerned about Apple’s shares that are almost 1% down now. He notes that the reception of iPhone 8 and iOS 11 is not impressive and this will have an impact on Apple’s plans and shares.
Samsung Will Earn Money on Every Sold iPhone X
Samsung will earn about $110 for every iPhone X Apple will sell. Samsung supplies several parts for iPhone X. The most expensive component is definitely the OLED-screen of the special form, but Samsung also supplies batteries and capacitors for iPhone X, according to the report from the analysis firm Counterpoint.
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.
New iPhone Models Have Entered Mass Production
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.
Apple is Again Declared World’s Most Profitable Company
According to the Fortune list, Apple has become #1 in profits in the world.
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.
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.
Apple Officially Announces Results in Fiscal Q4 2016
Apple 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.
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.
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.
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%.
