Financial

Mac sales down slightly, but PC sales down much more

There wasn't great news for Mac enthusiasts in Apple's latest quarterly earnings report - Mac sales are actually down year over year. Apple sold 3.952 million Macs this past quarter, compared to 4.017 million for the same quarter a year ago.

More →

2
loading...
5
loading...
64
loading...
0
loading...

Zynga lays off employees in midst of Apple event

Zynga, in an obvious attempt to avoid bad press, laid off some 100-odd employees during Apple's iPad mini event today. A total of 5% of their full-time staff are now gone, and were given two hours to clear out of the office according to inside sources.

More →

0
loading...
16
loading...
75
loading...
0
loading...

Apple announces conference call date for Q4 2012 earnings

Apple has announced that they will be holding their financial results conference call for Q4 on Thursday, October 25 at 2:00 p.m. PT / 5 p.m. ET. This will be the first earnings call with the iPhone 5 sales numbers in them. The iPhone 5 sold 5 million units in its first weekend. It was on sale for a little over a week before the end of the quarter, so it will be interesting to see how much total sales are influenced by such a small window.

More →

0
loading...
6
loading...
64
loading...
0
loading...

Apple retail staff to enjoy raise earlier than expected

Apple retail employees will be getting salary increases June 30, a full three months ahead of the originally scheduled September date. The announcement was made by newly-appointed Senior VP of Apple Retail John Browett through an internal video, Raises will vary from 1% - 5%, depending on store performance, but this early advance is likely to be a one-time thing.

More →

0
loading...
0
loading...
54
loading...
0
loading...

Stock-holding Apple employees to enjoy dividends too

Not too long ago, Apple announced that they would be dishing out $2.65 per share to regular Apple stockholders, but even those within Apple that own restricted stock units will be getting a little something.

More →

0
loading...
0
loading...
54
loading...
0
loading...

Just how rich is Apple? [Infographic]

We've seen plenty of research showing just how profitable Apple is and how much market share they've claimed in the worlds of smartphones and PCs, but a new infographic really puts Apple's obscene cash flow into perspective.

More →

10
loading...
1
loading...
116
loading...
0
loading...

Apple SVP of iOS Scott Forstall sells 95% of his current restricted shares

Scott Forstall, Apple's high-profile Senior Vice President of iOS software, has sold off $38.7 million-worth of previously-restricted Apple stock according to recent security filings. Forstall had sold off about $33 million-worth of stock in March when the restriction first lifted, and the final sale here here leaves him with 5% of the 120,000 shares he was first given in 2008. Forstall still has another 100,000 restricted stock units that will be ready to sell in 2014 and another 150,000, half of which will vest in 2013 and the other in 2016.

More →

0
loading...
0
loading...
49
loading...
0
loading...

AT&T activates 4.3 million iPhones in Q1 2012, accounts for 78% of smartphone sales

This morning AT&T issued their Q1 2012 financial results, where they casually mentioned that of the 5.5 million smartphones sold, 4.3 million were iPhones (and 21% were new to AT&T).

More →

3
loading...
0
loading...
64
loading...
0
loading...

Apple announces conference call date for Q2 2012 financial results

Apple has announced that they'll be telling us precisely how insanely rich they are after new iPad sales on April 24, 2012. On the first weekend alone, Apple was able to sell three million new iPads, and one can only imagine how much that figure has ballooned since then, especially if the Q2 2012 results are taking into account the international releases that followed.

More →

1
loading...
0
loading...
39
loading...
0
loading...

Apple execs sell off half a million shares for around $314 million

Tim Cook isn't the only one cashing in Apple stock these days; Senior VP of marketing, Phil Schiller, CFO Peter Openheimer, VP of hardware engineering Robert Mansfield, and VP of iOS software Scott Forstall recently had the restrictions on some of their stocks removed, resulting in a sizable sell-off between March 24 and March 26. Even Cook sold off a few more.

More →

3
loading...
0
loading...
57
loading...
0
loading...

Pages