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News from category ‘Financial’
Apple in Talks to Invest Money in Japan Display
According to the latest report from Asian sources, Apple is currently in talks with Japan Display concerning the possibility to invest money in the construction of the new display manufacturing facility in Ishikawa. This new factory is expected to manufacture displays for Apple’s next-generation iPhones and probably Apple Watches. Apart from that, it will also work with other portable devices manufacturers. As to the sum of the investment, it hasn’t yet been officially announced, however, insiders claim the guys from Cupertino are ready to pay about $1.7 billion.
Leave a commentApple Pay to Support Federal-Payment Cards - U.S.Government
According to the information that was made public ahead of the White House Summit on Cybersecurity at Stanford University, the U.S. government may soon make Apple Pay available for the owners of federal-payment cards. The big event may take place in September. These cards include Social Security cards as well as those issued to veterans getting financial support from the state. The official U.S. government acknowledgement will become a massive step forward for Apple, which can help the company lure lots of new customers not only from the USA, but also from other countries. Moreover, this acknowledgement proves that the NFC-based payments system ensures a high level of security for customers, banks and other partners of the company.
Apple's Market Capitalization Reaches $710.736 Billion - Yahoo Finance
Apple once again proved that it is one of largest companies in the world. In fact, yesterday the tech giant from Cupertino managed to reach the market capitalization of incredible $710.736 billion. This allowed Apple to grab the title of the first $700 billion company in the United States of America. Below you may take a look at the chart showing more details on Apple’s achievement.
Samsung Profits Continue to Fall Steadily
While Apple’s profits continue to grow, its main market rival keeps losing its share, customers and money. According to the most recent earnings report published by Samsung earlier this week, the company saw a 36% decrease in profits in Q4 of 2014 in comparison with the year-ago result. Moreover, Samsung’s mobile division saw even greater decline - 64%. The net profit in the latest quarter accounted for 5.29 trillion won (about $4.84 billion).
Apple Announces Its Financial Results in Fiscal Q1 of 2015
Just like it was expected, Apple on Tuesday, January 27th, officially announced its financial results in the first quarter of fiscal 2015. According to the official data shared by the guys from Cupertino, the revenue for the holiday quarter amounted to $74.6 billion and the net profit - to $18 billion. Apart from that, Apple sold 74.5 million iPhone units, up from 51 million in the year-ago quarter. As to the iPad sales, they were down from 26 million units sold in the Q1 of fiscal 2014 and accounted for 21.4 million units.
Apple's Market Share in South Korea, China and Japan Grows Rapidly
According to the latest report published by a research firm called Counterpoint Research, Apple's iPhone market share in such countries as South Korea, China and Japan grew noticeably over the last months.
Apple to Announce Record-Breaking iPhone and Mac Sales in Holiday Quarter - Analysts
According to what the analysts predict, Apple's iPhone and Mac sales in the holiday quarter have set a new record in the history of the company. As noted by Katy Huberty of Morgan Stanley, over the holiday period, the guys from Cupertino have sold nearly 69 million iPhone units and about 5.8 million Mac units.
In case you don't remember, in the Q1 2014, Apple managed to sell as many as 51 million iPhones. If to speak about Mac sales, they are expected to beat the current record of 5.5 million Apple's computers sold in Q4 2014.
Apple to Announce Financial Results in Fiscal Q1 2015 on January 27th
According to the data that can be found on Apple’s official Investor Page, the guys from Cupertino will officially announce their financial results in the first fiscal quarter of 2015 on Tuesday, January 27th. The conference devoted to the earnings in the first quarter is scheduled to begin at 2:00 PM Pacific / 5:00 PM Eastern time. The report on sales and financial results will be published on Apple’s official website immediately after the conference call.
Rockstar Consortium Sells 4.000 Patents to RPX Corp
The Rockstar Consortium, which includes such tech giants as Apple, Microsoft, BlackBerry, Ericsson and Sony, has recently sold its portfolio of smartphone-related patents to a firm from San Francisco called RPX Corp. This may mean that the end of the patent war between the guys from Cupertino and their rivals is near. As noted in the latest press release published by RPX Corp, the company plans to licence the aforementioned patents to Google, Cisco Systems and a number of other high-profile vendors.
Apple Raised $20 Million During (Product) RED Campaign
As you probably know, this year, Apple took part in the World AIDS Day campaign aimed at raising money to fight one of the most dangerous and quickly spreading diseases of the 21st century. The guys from Cupertino arranged several (Product) RED promotions, created a special (RED) App Store section and sent a part of money from all retail and online sales from Friday, November 28th and Monday, December 1st to the Global Fund to fight AIDS. In general, Apple managed to raise about $20 million. Well, this is what Apple CEO Tim Cook wrote in a letter to employees.
Apple's Market Capitalization Reaches Incredible $700 Billion
Apple's market capitalization has recently hit another record-breaking point of $700 billion. This is a new milestone in the history of the company, which indicates that the stock value continues to grow making Apple one of the most successful, financially stable and richest firms of the entire world. Such a result has positive impact on Apple's status on the market as well as in the eyes of stock holders and rivals.
Apple to Announce Fiscal Q4 Financial Results on October 20th
According to the recently-updated Investor relations page, Apple will officially announce its financial results in the fourth fiscal quarter (which is the third calendar quarter) of 2014 on October 20th. This means that soon we'll find out how many iPhone 6 and iPhone 6 Plus units the guys from Cupertino have sold over the last weeks and how much money they have earned. As usual, you will get an opportunity to take a look at the financial report immediately after the conference call end.
Apple Remains Tablet Market Leader - IDC
Although Apple’s iPad sales continue to decline, the company from Cupertino still remains the leader of the world’s tablet market. As to the other members of the Top 5 rating, they include Samsung, Lenovo, Asus and Acer.
Apple's Financial Results in Q3 of Fiscal 2014
Apple has recently announced its financial results of the third quarter of fiscal 2014, which ended on June 28th. According to the figures shared by the guys from Cupertino, the company’s revenue over the last months is $37.4 billion. As to the net profit, it is $7.7 billion. These results prove that the third quarter of 2014 has become more successful than the year-ago quarter. Well, I don’t think this is something that surprises you.
Apple Ranked #5 in Fortune 500 Rating
Apple managed to occupy the fifth spot in the annual Fortune 500 rating. In 2013, the company from Cupertino was on the 6th place, so looks like the gross revenue of about $170 billion helped to move to a higher spot this year.
