Apple will officially release last quarter’s earnings results at the end of this month but analytics firm Canalys is out today with data on PC shipments for Q3. While the entire market saw shipment growth, Apple’s Mac lineup also saw a YoY gain, keeping its market share steady just under 8% of worldwide shipments. The 2019 Q3 estimates from Canalys (Apple’s…
House Judiciary Committee leaders want Tim Cook to turn over his emails and other information as part of a possible antitrust investigation. Cook is one of dozens of executives from Apple, Facebook, Google parent company Alphabet and Amazon named in the request. It follows increased scrutiny of Apple, particularly surrounding the way that it runs…
Apple has regained its status as a trillion dollar company by market cap, which is its total outstanding shares multiplied by its stock price. Apple achieved this milestone by hitting a stock price above $221.28 in intraday trading today, giving it a market cap slightly over $1,000,000,000,000 based on its 4,519,180,000 outstanding shares as of…
Through a series of tweets, President Trump has escalated the trade war with China by claiming that the US has lost trillions of dollars to the country, and has ordered American companies to look for manufacturing alternatives. Pictured in a previous White House meeting. Left to right: Cook, Trump, Microsoft CEO Satya Nadella, Amazon CEO…
We learned yesterday that this year’s iPhones will escape the latest of US president Donald Trump’s tariffs on Chinese imports for the first two months or so of sales. The US government announced that the new tariff has been deferred until December for certain product categories, including cellphones. However, while iPads and MacBooks also benefited from the delayed introduction,…
Apple's MacBooks have seen a considerable growth in global shipments in the second quarter over the same period in 2018, with TrendForce figures indicating the product line shipped 19.8% more units year-on-year, the highest among the other top notebook vendors. During Apple's most recent quarterly results, the company declared that Mac revenue has gone up year-on-year for…
Apple today announced financial results for the third fiscal quarter of 2019, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $53.8 billion and net quarterly profit of $10.0 billion, or $2.18 per diluted share, compared to revenue of $53.3 billion and net quarterly profit of $11.5…
U.S. President Donald Trump made good on a trade war deadline on Friday, increasing tariffs on some Chinese imports. While Apple products have so far evaded impact, that may be short-lived. Goods already under a 10 percent tariff are now subject to 25 percent, according to BBC News. Trump indicated that work is in motion, however,…
Taking a close look at Apple’s financial results during the first three months of this year in hard numbers shows how the company is changing. Services are getting more important to its bottom line, and so are iPads. While iPhone is still a big part of Apple’s business, it’s not as significant as it used…
Analysts at Wells Fargo think that Apple’s going to start handing some of its massive cash pile to investors by increasing its dividend. Ahead of Apple’s Q2 earnings later this month, Wells Fargo suggests that Apple will be looking to pass on some of the money that it’s accrued in the U.S. through repatriation. The…
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