Tag Archive: billion


Apple shatters records with $74.6 billion in revenue, $18 billion in profit for Q1 2015

The numbers are finally in for Apple’s Q1 2015 financial quarter, and just as predicted, Apple blew away its own projections with a record-breaking $ 74.6 billion in revenue, leading to $ 18 billion in net profits. Both profit and revenue topped…Read more ›

Samsung wants to buy BlackBerry for $7.5 billion

BlackBerry’s employees were caught using iPhones on Twitter recently, but the company could be trading in their CrackBerry keyboards for a Samsung Galaxy S6. Samsung has recently approached BlackBerry with an offer to buy the company for $ 7.5 billion. The…Read more ›

$1.3 billion L.A. Schools’ iPad dream ends after FBI investigation

The Los Angeles school board has officially shelved the $ 1.3 billion contract that would have provided iPads to every student, teacher and campus administrator in the district. The deal first stalled back in July, after which it was reported that…Read more ›

Apple reaches record $700 billion market cap

AAPL shares sure have experienced a crazy roller coaster ride this year. Splitting 7-to-1 earlier in 2014, a fantastic run of product launches and announcements since then has driven Apple stock higher and higher. Earlier this month we noted that Apple was now worth…Read more ›

Foxconn to spend $2.6 billion building a factory exclusively for Apple

According to a new report from Bloomberg, Foxconn is set to spend $ 2.6 billion building a new factory in Taiwan exclusively to create displays for Apple. Equipment installation for the factory is likely to begin next month, with the aim of starting…Read more ›

Pegatron willing to invest half a billion to meet iPhone 6 demand

Apple manufacturer Pegatron is having to expand its production capacity to deal with the epic demand being heaped on it due to the success of the iPhone 6, according to a new report. Earlier today, Pegatron CEO Jason Cheng told…Read more ›

Xiaomi the money: Apple copycat raises record $1.5 billion in funding

Xiaomi has quickly become the world’s third largest smartphone supplier, thanks to its cheap Apple-esques devices, and all that copying is about to pay off big time. CNBC reports that the Chinese startup is raising $ 1.5 billion in capitol, the…Read more ›

Xiaomi the money: Apple copycat raises record $1.5 billion in funding

Xiaomi has quickly become the world’s third largest smartphone supplier, thanks to its cheap Apple-esques devices, and all that copying is about to pay off big time. CNBC reports that the Chinese startup is raising $ 1.5 billion in capitol, the…Read more ›

Xiaomi the money: Apple copycat raises record $1.5 billion in funding

Thanks to its cheap, Apple-esque devices, Xiaomi has quickly become the world’s third-largest smartphone supplier. Now all that copying is about to pay off big time: The Chinese startup is raising $ 1.5 billion in capital, the largest private financing deal…Read more ›

Apple rakes in $42.1 billion in revenue in Q4 2014

Apple announced its financial results for Q4 2014 this afternoon and the numbers were big. Backed by strong iPhone and Mac sales, Apple posted $ 42.1 billion in quarterly revenue, with $ 8.5 billion net profits, or $ 1.42 per diluted share. Both…Read more ›