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Apple sees iPhone sales drop again but beats forecasts
2016-07-26 22:55:38| BBC News | Business | UK Edition
Apple reports a second consecutive quarter of falling iPhone sales, but the 15% drop was not as bad as analysts had feared.
Apple revenues fall 15%, as iPhone, China sales drop
2016-07-26 22:46:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues of USD 42.2 billion for its fiscal third quarter to June, down from USD 49.6 billion a year ago and towards the high end of its outlook of USD 41-43 billion. The company's gross margin dipped to 38 percent from 39.7 percent in the year-earlier period, also coming in at the end of expectations. Net profit fell to USD 7.8 billion or USD 1.42 per share, from USD 10.7 billion or USD 1.85 per share. Apple CEO Tim cook said the results "reflect stronger customer demand and business performance than anticipated at the start of the quarter" and a successful launch of the iPhone SE. The launch of the cheaper iPhone led to a 23 percent year-on-year drop in revenues from smartphones to USD 24.0 billion, on a 15 percent fall in unit sales to 40.4 million. Compared to the previous quarter, iPhone revenues fell 27 percent and unit sales were down 21 percent.
Sempra US acquires Michigans 100MW Apple Blossom wind project
2016-07-26 01:00:00| Power Technology
Renewable energy and natural gas projects developer Sempra US Gas & Power has acquired the 100MW Apple Blossom wind project in Michigan, US, from wind and solar energy developer Geronimo Energy.
Tags: project
apple
wind
acquires
Stagefright-Like Vulnerability Hits Apple Devices
2016-07-22 22:03:25| PC Magazine Software Product Guide
The vulnerability can be triggered by sending images in the Messages app; Apple says it's been patched.
Tags: hits
devices
apple
vulnerability
Apple Helps Feds Bust KickassTorrents
2016-07-21 18:04:56| PC Magazine Software Product Guide
Artem Vaulin was detained Wednesday in Poland and charged with criminal copyright infringement.
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