Tag Archive: Financial

Apple is teaming with other tech giants for financial lobbying

Apple, Amazon and Google aren’t exactly techie BFFs, as can be seen from that whole Android vs. iOS thing, or Amazon’s recent decision to boot Apple TV out of its online store. But you know what can bring the heads of all three companies together? Let’s try a quick pop-quiz. A) Team-building paintball trip. B) Romantic candlelit dinner. C) […]

(via Cult of Mac – Tech and culture through an Apple lens)

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11 key takeaways from Apple’s latest blockbuster financial quarter

The iPhone 6 is a monster hit, China is falling hard for Apple, and Tim Cook is delighted with the world’s response to the Apple Watch. And those are just some of the key insights from today’s Apple earnings call.…Read more ›

New Guided Tours show off Apple Watch’s fitness and financial chops

Three new videos show how Apple Watch will make fitness and banking easier than ever. The videos are part of Apple’s Guided Tour series of informational clips, which are a must-watch for anybody anxiously awaiting delivery of their Apple Watch.…Read more ›

Apple sapphire supplier in financial crisis

GT Advanced Technologies, a sapphire supplier that works closely with Apple, today confirmed that it has filed for Chapter 11 bankruptcy court protection. Its share price has been falling since it was revealed that Apple opted for Gorilla Glass rather than sapphire…Read more ›

It’s A Race To The Bottom: Only 1 App In 10,000 Will Be A Financial Success By 2018

It’s possible to make a lot of money by writing an iOS app. In fact, the top iOS app makers each gross as much as $ 90,000 a day from their offerings. Yet despite these success stories, the vast majority of…Read more ›    [Read More…]

Wang Out, Wong In: Acer CEO Resigns Following Financial Losses

Acer CEO JT Wang has announced his decision to resign from the consumer electronics company following poor financial results and struggling PC sales. Wang will step down from the CEO position on January 1, but will remain chairman until the…Read more ›

The post Wang Out, Wong In: Acer CEO Resigns Following Financial Losses appeared first on Cult of Mac.

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Financial Freedom Is An Ant With A Pickaxe In My Mountain Of Debt

My Mountain of Debt — Finance — $ 0.99 (50%-off launch sale price) My Mountain of Debt, a new financial app by developer Fun with Data, believes that paying off your debt is as hard as removing a giant pile of…Read more ›

The post Financial Freedom Is An Ant With A Pickaxe In My Mountain Of Debt appeared first on Cult of Mac.

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Samsung Reports Q4 2012 Financial Results: $52.45 Billion Revenue, $8.27 Billion Profit


Samsung has today announced its financial results for the fourth quarter of 2012, which slightly exceed the estimations that were set by the Korean company earlier this month. It recorded an operating profit of 8.84 trillion won (approx. $ 8.27 billion) during the three-month period, on 56.06 trillion won (approx. $ 54.45 billion) in revenue. That’s a 10% increase in profit over the previous quarter, and a whopping 89.3% increase in profit over the  [Read More…]

Apple Stock Opens At $457.70, Down More Than 10%, After Financial Results


Apple stock opened at $ 457.70 this morning, down more than 10%, following its financial results on Wednesday. The Cupertino company announced $ 13.1 billion profit for the first quarter of 2013, a slight increase over the $ 13.06 billion it posted for the first quarter of 2012. But despite that increase, it’s clear Apple’s phenomenal growth has hit a stumbling block.

Q1 2013 was a record quarter for Apple, with more iPhones  [Read More…]

Apple Will Announce Fiscal Q1 2013 Financial Results On January 23rd


The Holidays were great for me, but they were probably even better for Apple. Fiscal Q1 is when Apple always has record breaking sales numbers, and this year will probably be no different.

Apple has announced that they will release their first quart earning report and call on Wednesday, January 23, 2012 at 2:00pm PT.

Apple’s fiscal Q1 in 2012 shattered all of Apple’s sales records with over 37.04 million  [Read More…]