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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...
Come iPhone 6 launch time, Samsung will lose my business to Apple

Come iPhone 6 launch time, Samsung will lose my business to Apple

AAPL has confirmed the next iPhone event will be held on September 9. In eleven days we expect to see a 4.7-inch iPhone 6 and some kind of wearable device. There are rumors of a larger, 5.5-inch iPhone as well, along with rumors that it might cost more than the smaller sizes that came before it...
Why a 32GB iPhone costs $100 more

Why a 32GB iPhone costs $100 more

Apple's updated iPod touch lineup separates 16GB, 32GB, and 64GB capacity models by $50 price increments. That's new for Apple in the iOS device lineup. Previously for the iPod touch, and still for the iPhone and iPad, capacity models are separated by $100 price increments. There are some other...

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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,...
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:...
Apple

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...
iPhone 6

No Irish luck for Apple as EU commission deems tax deal illegal

European Union regulators have announced in a preliminary ruling that the tax deals brokered between Apple and the Irish government may be constituted as illegal state aid, which would result in hefty fines in back taxes for the Cupertino giant. The deals in question were agreed upon in 1991 and...
EU to accuse Apple of illegal Irish tax deal

EU to accuse Apple of illegal Irish tax deal

The European Union is apparently set to accuse Apple of taking illegal tax aid from Ireland. The aid allegedly came in the form of sweetheart deals that resulted in a much lower tax rate. Apple currently enjoys a very low tax rate in Ireland, and the company says that no laws were broken in their...

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