Apple is looking to reduce its gigantic cash hoard to become “net cash neutral” over time, according to CFO Luca Maestri, suggesting the company is planning to mete out dividends, accelerate stock buybacks or perhaps increase mergers and acquisitions operations.
Source:: Apple Insider
Revenue reached new heights in Apple’s holiday 2017 quarter, but unit sales of the iPhone fell year over year, reflecting the premium-priced lineup of the iPhone X, iPhone 8 Plus and iPhone 8. Following the publications of its first fiscal quarter 2018 results, the company held a conference call with media and analysts, and notes of interest follow.
Source:: Apple Insider
Despite Apple’s revenue rising 13 percent year-over-year during the December quarter and setting a new record, about $88.3 billion, the company is guiding between $60 billion and $62 billion in revenue for the March quarter — below market forecasts.
Source:: Apple Insider
In Apple’s quarterly earnings statement, Apple CEO Tim Cook declared that since it shipped to customers, the iPhone X was the biggest seller every week, outpacing the iPhone 8 and iPhone 8 Plus through November and December.
Source:: Apple Insider
Apple continued its streak of record breaking holiday quarters, coasting to new heights yet again with revenue of $88.3 billion and earnings per share of $3.89, based largely on the highest-ever average selling prices for iPhone lineup.
Source:: Apple Insider
While the $399 Google Home Max and the $349 Apple HomePod are roughly aiming for the same market, both have taken very different approaches. AppleInsider compares the hardware, and delves into which speaker might work the best for you.
Source:: Apple Insider
In newly-published specifications, Apple has confirmed that streaming on the Siri-equipped HomePod — shipping Feb. 9 — will focus mainly on its own services.
Source:: Apple Insider
Apple has released a new video called “Three Minutes” in Singapore, alongside a page dedicated to the tools and techniques that the director used to shoot the video completely on the iPhone X.
Source:: Apple Insider
Recent reports on iPhone X demand and alleged production cuts have caused concern on Wall Street, where investors eagerly await Apple’s March quarter guidance from its latest earnings report. AppleInsider gives you a rundown of what to expect.
Source:: Apple Insider
Small-business centric services provider Volusion has announced that it is creating its own “Buy Now” button for merchants, and is using Apple Pay to do it.
Source:: Apple Insider