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News tagged ‘financial results’
Top 10 Stories of the Week
It’s Sunday again, the week has nearly come to an end, that’s why I believe it’s time to talk about the most interesting posts of the past couple of days. Nearly all articles this week deal with the upcoming 4-inch iPhone called iPhone 5SE and its tech specs. Apart from that, there’re posts that tell us about the iPad Air 3 that is expected to be unveiled in March alongside the aforementioned iPhone as well as the updated Apple Watch. Of course, you can find other articles worth your attention, so make sure you take a look at the list below.
Leave a commentApple 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.
Top 10 Stories of the Week
It is Sunday today, which means it’s high time I told you about the most interesting posts of the last seven days. Let’s not waste our time and take a look at the articles worth your attention right now.
Apple CEO Tim Cook Earned $10.3 Million in 2015
According to the latest figures shared by reporters, during the fiscal 2015, Apple CEO Tim Cook earned nearly $10.3 million. The salary accounted for $2 million, non-equity incentive compensation for $8 million and other types of income made additional $280,000. In 2014, Apple CEO managed to earn $9.2 million, which is approximately $1 million less than in 2015. Just like his company, Cook demonstrated a good financial result.
Apple to Announce Financial Results in Q1 2016 on January 26th
According to the latest announcement made by Apple on its Investor Relations portal, the company will release the report devoted to financial results in the first fiscal quarter of 2016, which is also the fourth calendar quarter of 2015 on Tuesday, January 26th.
