Tag Archives : Tim Cook

Apple announced its quarterly earnings for Q3 2013 on Wednesday, it recorded revenue of US$35.3 billion and quarterly net profit of $6.9 billion  and an earnings per share of $7.47. Analysts expected the sales to be around $35.02 with a earnings per share $7.32. iPhone sales quashed concerns that a robust competition is hitting demand. Apple  sold 31.2 million iPhones in the quarter, far more [...]

Apple reported  earnings for first quarter of 2013, it posted a quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, Apple earned $10.09 per share on the revenue of $43.60 billion versus $12.30 a share on $39.19 billion a year earlier. Apple sold 37.4 million iPhones in the quarter, compared with 35.1 million in the same period a year ago.Apple was sold 19.5 million iPads versus [...]

Apple’s CEO Tim Cook apologized for the Apple’s iPhone warranty and repair policies in China. China’s state controlled media was criticizing Apple over its warranty policies. China said they were in violation of local law and not equal with Apple’s practices elsewhere in the world. Apple initially responded to the criticism through a message published on its website clarifying [...]

Apple CEO Tim Cook today announced that Apple had paid out $8B to developers during the last quarter, an increase of US $1 Billion since the last time numbers were announced last month. The increase in payouts demonstrates that the developer ecosystem of iOS continues to be vibrant, especially as it represents actual paid downloads of apps, not free downloads or overall share,” says Matthew Panzarino [...]

Apple on Monday released a statement on the sales figure of its latest iteration of iPhone, the first weekend sales of the iPhone 5 topped five million, beating the opening weekend for the iPhone 4S nearly by one million units, in the first three days. iOS 6, the mobile operating system run by the iPhone 5 and available to other iPhones, Apple added, has now been downloaded more than 100 million times. The  [...]