Warren Buffett's Berkshire Hathaway recently revealed its increased stake in Apple. With 239.3 million shares, the company is now the second largest Apple shareholder behind Vanguard Group, according to Reuters.
Microsoft's co-founder, former CEO, philanthropist and longtime Apple rival Bill Gates has called Apple “an amazing company” with the best profit potential in the technology sector.
Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.
Following the release of its earnings report, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about Apple's performance. And as usual, we've put together a roundup of some of the more interesting points and highlights from the call.
Apple this afternoon disclosed its [fiscal] Q2 2018 earnings report, offering a look at its performance over the last 3 months. The company beat Wall Street expectations in just about every category, selling 52.2 million iPhones and earning $61.1 billion in revenue. Here's a full breakdown of the numbers.
Apple on Thursday reported its [fiscal] Q1 2018 earnings, offering a look at its performance over the last 3 months. The company beat expectations in revenue, earning $88.3 billion, but fell short on iPhone sales at 77.3 million. Here's a full breakdown of the numbers.
According to a new report out of Bloomberg, Apple will be giving the majority of its employees an extra bonus following a new tax laws passed here in the US.
Apple on Wednesday announced plans to bolster the U.S. economy over the next 5 years through job creation and other new investments. According to the press release, those plans include building a new corporate campus, creating 20,000 new jobs, and devoting some $350 billion in total resources over the next 5 years.
Apple CEO Tim Cook earned just over $100 million this year, Bloomberg reports. The news was spotted in the company's latest proxy statement, which was filed Wednesday with the US Securities and Exchange Commission ahead of its February shareholders meeting.
The price of Bitcoin has reached insanely ridiculous levels in the past few weeks, and no one knows exactly why. And as the popular blockchain cryptocurrency continues its surge, the Coinbase app for iPhone has now risen to the top of the free apps chart in App Store.
Apple has announced that Apple Pay for Messages and the Apple Pay Cash card are officially launching today. Yesterday, some users had begun to see the feature appear, but now it is widely available for everyone who is running the latest iOS 11.2 update.
Apple on Thursday reported its [fiscal] Q4 2017 earnings, offering a look at its performance over the last 3 months. The company absolutely crushed expectations, selling 46.7 million iPhones, up a little over a million units from the same quarter a year ago, and made $52.6 billion in revenue, up over $5 billion year-over-year. Here's a full breakdown of the numbers.
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