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Apple records 92% of the total profits in the smartphone segment

Wealth management company Canaccord Genuity is estimating Apple's cut of the profits from the smartphone industry as a whole amounted to nearly 92 percent, up from 65 percent a year earlier. Even though the Cupertino giant has a global market share under 20 percent, it is able to capitalize on...
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Apple Pride 2015 highlighted in new video

Apple employees showed their support for once again this year as thousands came to San Francisco on June 28 to march in the city's annual Pride Parade. Apple has now posted a video to its YouTube channel with some highlights. The video shows Apple team members driving, riding and even flying...
Apple pushes further into Bay are with 42-acre purchase

Apple pushes further into Bay area with 43-acre purchase

Apple is apparently set to expand its presence in San Jose in a big way. According to recently uncovered documents, the company has purchased a 43-acre development site in the city, though it's unclear what Apple intends to use the undeveloped land for. The news comes from the Silicon Valley...

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iPhone up in biggest European markets, China, and Australia

iPhone up in biggest European markets, China, and Australia

Great Britain, Germany, France, Italy, and Spain get their iPhone on. Apple's share of the global smartphone market increased during Q2 2015 in the five largest European countries, Great Britain, Germany, France, Italy, and Spain. Key drivers were reliability, durability, and the quality of...
Apple shoots down reports of a virtual network service

Apple hangs up on rumors of a virtual network service

Apple has explicitly refuted a recent report that it would create its own virtual network cellular service, or MVNO. The company was said to be in negotiations with carriers in the U.S. and Europe, but it now appears that this was not the case. From CNBC: BREAKING: Apple says it has not...
Apple pushes further into Bay are with 42-acre purchase

Apple pushes further into Bay area with 43-acre purchase

Apple is apparently set to expand its presence in San Jose in a big way. According to recently uncovered documents, the company has purchased a 43-acre development site in the city, though it's unclear what Apple intends to use the undeveloped land for. The news comes from the Silicon Valley...
Apple said to be mulling its own virtual network service for the U.S. and Europe

Apple said to be mulling its own virtual network service for the U.S. and Europe

Apple is said to be in talks with carriers in both the U.S. and Europe about launching a mobile virtual network operator (MVNO). An MVNO service from Apple would allow customers to purchase cellular access directly from Apple, which would lease space from existing wireless providers. Phones would...
Apple reportedly takes a big step into San Francisco with new office space

Apple reportedly takes a big step into San Francisco with new office space

Apple is reportedly expanding its operations in San Francisco. The company is said to have rented 76,000 square feet of office space in the South of Market (SoMa) area. It's unknown at this time what Apple may use the office space for. The space that Apple is said to be renting can apparently...
Apple's retail push in India underway, 500 stores planned across 12 cities

Apple's retail push in India underway, 500 stores planned across 12 cities

Apple is moving ahead with its plans to establish authorized reseller stores in several cities in India. News of a major expansion into India was first revealed last year, with Apple looking to set up 500 stores in 12 cities that sell iPhones, iPads and accessories. According to NDTV Gadgets,...
Apple, Nike reach settlement terms on Fuelband suit

Apple and Nike reach settlement terms on Fuelband Class Action Suit

Apple and Nike have reached an agreement regarding the Class Action suit that the two companies were facing over the Fuelband. While neither company has admitted any fault or wrong-doing, both have come to an agreement. With this agreement, they will pay consumers $15 cash or a $25 gift card to...
Apple voices its support for anti-discrimination Equality Act

Apple voices its support for the anti-discrimination Equality Act

Apple has expressed its support for the newly-introduced Equality Act, a new anti-discrimination bill currently under consideration by the U.S. House of Representatives. While Apple CEO Tim Cook often speaks up on equality issues, the involvement of the company itself is a bit less frequent. The...
This is Tim: Apple's CEO on iPhones, iPods, Apple Music, and Apple Watch

This is Tim: Apple's CEO on iPhones, iPods, Apple Music, and Apple Watch

Apple CEO Tim Cook took to the phones today to talk with analysts about Apple's third-quarter results for 2015, along with Apple Watch, iPhone, China, and more. Follow along below with our live-updating transcript of his remarks. Tim's opening remarks Thanks, Nancy. Good afternoon, everyone,...
Apple Q3 2015: 47.5m iPhones, 10.9m iPads, and 4.8m Macs sold; 10.7b in profit

Apple Q3 2015: 47.5m iPhones, 10.9m iPads, and 4.8m Macs sold; 10.7b in profit

Apple (AAPL) has released the company's Q3 2015 financial results and the big numbers are: 47.5 million iPhones sold, 10.9 million iPads sold, 4.8 million Macs sold, and 10.7 billion in profit earned. It's not a holiday quarter. It's not the quarter after a holiday quarter. But those are still...

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