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Apple's shopping spree brings 20 new companies under its wings in 2014

Apple's shopping spree brings 20 new companies under its wings in 2014

While Beats Electronics is probably the most notable purchase Apple had made this year, CEO Tim Cook had stated during the earnings call that his firm had purchased a total of 20 companies, with 7 of those acquisitions during the latest fourth quarter. Many of those companies were not disclosed,...
Tim Cook 'not satisfied' with Apple's diversity report

Tim Cook 'not satisfied' with Apple's diversity report

Apple CEO Tim Cook is following up on their splashy video on diversity from earlier this summer with some hard and apparently disappointing numbers. A human resources report from Apple shows that 55% of employees are white, and 70% are male. Here's what Cook had to say on the issue. "Apple...
Apple reportedly shipped 4.9 million Macs in Q3 2014

Apple reportedly shipped 4.9 million Macs in Q3 2014

Apple is now in the top five PC vendors worldwide when going off of units shipped. The latest numbers from the IDC show Apple growing 8.9 percent year-over-year as they move 4.9 million Mac computers in the third quarter. Apple is now in third place for domestic PC shipments, with HP and...

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iPhone demand and iPad potential

iPhone demand and iPad potential

Earlier this week Tim Cook and the team at Apple presented the company's Q4 2014 financial results to Wall Street analysts. The results were obviously very strong, as was guidance for next quarter. This explains the market's positive reaction. Apple stock is trading a couple of points higher the...
GT Advanced to sell off Sapphire furnaces as partnership with Apple ends

GT Advanced to sell off Sapphire furnaces as partnership with Apple ends

In its bankruptcy settlement, it appears that GT Advanced Technologies, which would have been an Apple sapphire display partner, had struck an amicable deal with Apple. As part of its settlement, GT Advanced would sell its furnaces at the Mesa, Arizona facility to pay back Apple as well as...
Apple's shopping spree brings 20 new companies under its wings in 2014

Apple's shopping spree brings 20 new companies under its wings in 2014

While Beats Electronics is probably the most notable purchase Apple had made this year, CEO Tim Cook had stated during the earnings call that his firm had purchased a total of 20 companies, with 7 of those acquisitions during the latest fourth quarter. Many of those companies were not disclosed,...
Apple Q4 2014: 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs,  $42.1 billion in revenue!

Apple Q4 2014: 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, $42.1 billion in revenue!

Apple has released their Q4 2014 financial earnings report and the big numbers include 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, 2.6 million iPods, and $42.1 billion in revenue!Apple's CEO, Tim Cook, had the following to say: "Our fiscal 2014 was one for the record books,...
What Carl Icahn's message to Tim Cook really means

What Carl Icahn's message to Tim Cook really means

Earlier today billionaire hedge fund icon Carl Icahn released the open letter to Tim Cook that he promised was coming. It's pretty long and the bulk of the content reads like a miniature version of a Wall Street analyst report justifying a "buy" recommendation on the stock. My first thought:...
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Apple once again crowned world's most valuable brand

After dethroning Coca-Cola as the most valuable brand in the world last year, Apple has managed to retain its crown this year. Interbrand's Best Global Brands report valued Apple at $118.9 billion, edging out the likes of Google, which came in second at $107 billion, and IBM, placed fourth at...
Apple reportedly shipped 4.9 million Macs in Q3 2014

Apple reportedly shipped 4.9 million Macs in Q3 2014

Apple is now in the top five PC vendors worldwide when going off of units shipped. The latest numbers from the IDC show Apple growing 8.9 percent year-over-year as they move 4.9 million Mac computers in the third quarter. Apple is now in third place for domestic PC shipments, with HP and...
Samsung's weakness is further validation of Apple's model

Samsung's weakness is further validation of Apple's model

On Tuesday of this week Samsung shocked much of Wall Street. The South Korean mobile giant said it would bring in a profit of $3.8 billion for the quarter compared to analyst expectations of about $5.2 billion. This also represents a year over year decline of about 60%, so it's a huge downward...
Apple calls GT Advanced bankruptcy filing 'surprising'

Apple calls GT Advanced bankruptcy filing 'surprising'

Apple says that it's surprised at the bankruptcy filing of sapphire supplier GT Advanced Technologies. GT supplies the sapphire both for the iPhone's camera as well as the Touch ID sensor. In their first comments on the matter, Apple says they are working with government officials on their next...
First Apple earning report with iPhone 6 sales due Oct 20

Apple's iPhone 6-laden Q4 and 2014 year-end earnings due on October 20

Apple has set the date for their next fiscal earnings statement as October 20th. The statements will cover the months of July, August, and September (known in Apple corporate parlance as "Q4"), as well as the year-end statement for the 2014 fiscal year. As the iPhone 6 and iPhone 6 Plus launched...

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