Nearly three months after Apple began taking orders for the Powerbeats Pro in the U.S. and Canada, and almost four months after the device was unveiled, the fully wireless Beats headset went up for preorder in Korea and Mexico this week.
Apple supplier and smartphone segment competitor Samsung Electronics on Tuesday reported a 56% decline in operating profits for the second quarter of 2019, blaming the downturn on continued weakness in the global memory chip market.
Following a previous decline in sales, and increases in both exchange rates and rising trade tensions between the U.S. and China, Apple’s Tim Cook sees positive signs for the future.
Apple CEO Tim Cook has responded to questions about moving production away from China by saying that he expects the company’s global production to see it through problems, but also that it is investing to increase U.S. manufacturing.
Revenues from Services earned double-digit growth’ across the world, according to figures released by Apple during its July earnings call with investors and analysts.
After a long incubation period, the Apple Card will finally reach the U.S. public sometime this August, Apple CEO Tim Cook confirmed during Tuesday’s quarterly results call for the third quarter of 2019.
In a continuing downward trend, Apple’s iPhone revenue was down 13% year-over-year, according to Apple’s recently released earnings report, with the segment now accounting for less than half of the company’s total quarterly revenue.
Sales from Apple’s “Wearables, Home and Accessories” segment jumped substantially year-over-year in the June quarter to $5.525 billion, underscoring their importance.
Apple earned $53.8 billion in revenue during its third fiscal quarter of 2019, according to financial results the iPhone maker revealed on Tuesday, with services again making big gains to reach another all-time high.