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Apple revenue shrinks on strong dollar, falling shipments
2016-04-27 02:00:00| Total Telecom industry news
CEO Tim Cook talks up services growth, insists iPhone business is healthy and strong.
Tags: strong
apple
dollar
revenue
Apple reports falling sales
2016-04-27 00:42:07| BBC News | Business | UK Edition
Apple reports its first decline in quarterly sales since 2003, as sales of iPhones fall.
Tags: sales
reports
apple
falling
Apple quarterly sales fall 13%, further drop expected in Q2
2016-04-26 23:04:00| Telecompaper Headlines
(Telecompaper) Apple has reported a drop in revenues for its fiscal second quarter to March, as economic weakness in some countries and the slower smartphone market dampens sales of its devices. Quarterly revenues fell 13 percent year-on-year to USD 50.6 billion, at the low end of the company's guidance of USD 50-53 billion. Net income dropped to USD 10.5 billion or USD 1.90 per share from USD 13.6 billion or USD 2.33 per share. Apple shipped 51.19 million iPhones in the three months to March, down 16 percent from a year earlier and 32 percent less than in the December quarter. To appease shareholders, the company announced a 10 percent increase in the quarterly dividend and increased its share buyback authorisation to USD 175 billion from USD 140 billion.
BMW, Daimler Steer Clear of Apple Car Project
2016-04-26 00:12:20| TechNewsWorld
BMW and Daimler have broken off talks about forming a partnership with Apple to develop an electric car, according to news reports published last week. Discussions stalled over issues that included which company would take the lead on the project and which would have ownership of the data. Apple apparently sought to develop a vehicle that would be integrated closely with its cloud-based software.
Update Your Apps Now, Apple Watch Developers
2016-04-25 19:05:13| PC Magazine Software Product Guide
Starting June 1, all apps submitted to run on Apple Watch must support watchOS 2.
Tags: update
watch
apple
developers
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