Tag: Apple

Remember the GT Advanced sapphire facility? It's going to be a command center for Apple

CNBC reported today that the GT Advanced plant in Mesa, Arizona, originally tasked with the job of making sapphire for screens, buttons, and other bits and pieces of Apple gear, is now going to be taken over by the company that allegedly caused GT Advanced to go out of business -- Apple. Apple ...

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Apple planning a $5 billion bond offering

Thanks to the fun and excitement of financial accounting, even companies with $178 billion in cash need to incur some debt every once in a while. That's exactly what Apple has in store for the near future, filing a bond sale prospectus with the Securities and Exchange Commission in the amount of $...

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Apple to open retail store in Tianjin, China on February 7

China is a big part of Apple's retail future, and its presence is about to expand a bit more. Apple will open a retail store in Tianjin, China on Feb. 7. Apple recently noted its plan to open five new retail stores in five weeks to coincide with the Chinese New Year. The Tianjin store is number ...

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Apple R&D spending reached record levels last quarter

To say that Apple had a stellar holiday quarter would be an understatement. For the quarter gone by, Apple recorded just over $18 billion in profits, enough to make it the most profitable quarter in corporate history. But lest anyone think Apple is easing up on the throttle, the company remai...

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Apple's last quarter profit the biggest in history for any corporation

Read that headline again. Apple's most recent quarter (Q1 2015) profit of $18.02 billion is now the biggest ever for all corporations on Planet Earth, ever. The previous winner was Russia's Gazprom (a natural gas extractor), with measly profits of $16.2 billion. Our buds at TechCrunch brin...

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Wall Street analysts make their final Q1 2015 predictions for Apple

(Table from Fortune.com, Philip Elmer-DeWitt) With only a few hours to go until Apple releases its Q1 2015 (October 1, 2014 - December 31, 2014) financial results, Fortune's Philip Elmer-DeWitt has pulled together estimates from a number of Wall Street analysts on exactly how they think the compa...

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Join us tomorrow at 5 PM ET/2 PM PT for Apple Earnings Call Liveblog

On Tuesday, January 27, 2015 at 5 PM ET (2 PM PT), be sure to join us for our traditional liveblog of the Apple Earnings Call. This quarter's call will be quite fascinating, as we should hear about record iPhone sales thanks to the iPhone 6 and 6 Plus, increasing market share for the Mac family,...

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Survey shows 42% of iPhone users run out of storage space once a month or more

Not to harp this on this issue, but 16GB isn't really a lot of storage. God forbid you try to get by with less than that, say 8GB. But how much does living with 16GB actually impact your life? A new study from the cloud photography app IceCream and Ondevice Research says it impacts regular usage f...

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Apple hires digital retail exec from Burberry for 'special projects'

Apple has picked up another former Burberry employee. The company hired former Burberry CEO Angela Ahrendts in October 2013, and has now added Chester Chipperfield to the Apple payroll. Chipperfield was previously Burberry's Vice President of Digital and Interactive Design and has joined Apple's ...

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App devs made more money than the box office last year

Mobile apps have become an absolutely massive business in just a few years, and sometimes it can be difficult to truly grasp how fast the industry is growing. This little tidbit, courtesy of Asymco's Horace Dediu, is a great data point to help put it in perspective: In 2014, iOS app developers as ...

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Apple CEO Tim Cook made $9.2M in 2014; board member Drexler retiring

It's not a big surprise, but Apple CEO Tim Cook isn't exactly a poor man. In the company's filed SEC Schedule 14A, it was disclosed that Cook pulled in a cool US$9,222,638 in compensation last year. Of that amount, $1,748,462 was his salary, non-equity incentive compensation was $6,700,000, and anot...

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Apple cozies up to U.S. government with increased lobbying

With personal devices getting more powerful every day and the launch of a wearable on the horizon, Apple is reportedly ramping up its presence in Washington in order to help calm any concerns. Bloomberg reports that Tim Cook's photo op with Orrin Hatch in December was just a small sample of Apple'...

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Apple releases calligraphy video to celebrate upcoming Hangzhou store

To create excitement for its upcoming Hangzhou retail store, Apple today posted a video to its Chinese website that depicts a mural on the outside of the store. The video shows the mural being painted by well-known calligrapher Wang Dongling. According to reddit user Studyro (via Business Insider...

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Apple site honors Dr. Martin Luther King Jr.

Today, in the United States, we celebrate and honor the memory of civil rights leader Dr. Martin Luther King Jr. Apple's website provides a tribute to Dr. King on this day, with the home page given over to a portrait of the eloquent orator and advocate for peace and justice. Today is also a c...

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Apple patented a self-repairing material, because of course they did

Just days after LG's G Flex phone showed off its ability to heal from minor scratches and scuffs, a similar patent has surfaced that shows Apple's take on such a feature. The patent, which was filed in 2014 and published this week, describes a method of "reducing appearance of physical damage on c...

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