Apple reports $64bn in revenue, citing strong wearables and services sales

November 1, 2019

The favorable report drove the tech giants stocks up 2.5% on Wednesday, as the company expands its focus beyond the iPhone Apple reported record-high quarter four earnings on Wednesday, citing strong performances in wearables and other services as the company continues to expand its focus beyond flagship products such as the iPhone. The company reported a revenue of $64bn, beating a $63bn estimate from analysts. In an earnings call, the…

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Apple Spends $1 Billion to Take Control of Its 5G Destiny

July 27, 2019

Apple said Thursday that it will spend $1 billion to buy most of Intel’s business that makes modems for smartphones—the crucial chips that connect devices to cell networks and Wi-Fi. The deal gives the iPhone maker new power to customize and control the technology inside its mobile devices at a time the industry is moving to new, faster, 5G cellular connections. Apple did not disclose how it will pay the…

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Huawei security threat derives from its sheer scale, says analysis

June 12, 2019

Cybersecurity report warns Chinese tech firms breadth exposes customers to risk Huaweis threat to national security is inextricably linked to the companys sheer scale, according to an analysis of the Chinese tech company from threat intelligence firm Recorded Future. Rather than focusing attention on any one area of the companys business, analyst Priscilla Moriuchi argues corporations, consumers and organisations should instead be wary of the pure variety of products and…

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Apple finds wearable gimmicks really count as iPhone slips

May 11, 2019

As sales of its signature product peak a big change in strategy has emerged in the form of the Apple Watch and AirPod If Apple wants to prove to doubters that there is life beyond the iPhone, then the wrists and ears of millions of customers could provide the answer. Twelve years from the launch of Steve Jobss signature product, Apple wearables and the services that tie in to them…

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Apple’s iPhone sales fall 17% in first quarter as flagship product struggles

May 3, 2019

Quarter marked another quarterly decline in profit and revenue as the company struggled to move beyond the iPhone Apples iPhone sales fell 17% in the first three months of the year as the companys flagship product continued to struggle. The tech company reported revenues of $31.05bn in iPhone revenues for the quarter, the majority of the $58.bn in revenues Apple brought in over the three months. The news was less…

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With Tech on the Defensive, SXSW Takes an Introspective Turn

March 16, 2019

The first five days or so of SXSW in Austin are always heavily weighted toward the interactive portion of the conference. The city’s downtown streets swell with lanyard-laden “entrepreneurs” and “founders” wearing that familiar uniform of T-shirts screen-printed with their company’s clever logo, an outfit made professional by throwing a blazer over the ensemble. They bounce from panel to panel and branded “house” to branded “house” (this year, on scooters,…

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This Hearing Aid Can Translate For Youand Track Steps Too

September 7, 2018

It’s too loud for me to hear inside the Cupertino coffee bar, but Achin Bhowmik says it doesn’t bother him. He’s got a superpower, he says. If I look closely—very closely—I can see the tiny plastic tubes reaching from his ear canals to small devices hidden behind his ears. The hearing aids are running machine-learning algorithms that continuously monitor his “acoustic environment” to help him hear what he wants to…

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Pro Gamers Fend off Elon Musk-Backed AI Botsfor Now

September 2, 2018

One way to measure progress in artificial intelligence is to chart victories by algorithms over champions of increasingly challenging games—checkers, chess, and, in 2016, Go. On Wednesday, five bots sought to extend AI’s mastery to esports, in the fantasy battle game Dota 2. They failed, as a team of pro gamers from Brazil called paiN defended humanity’s honor—for now. A crowd of thousands in Vancouver’s hockey arena watched the bots…

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Apple reports new sales record for third quarter as it eases toward $1tn mark

August 1, 2018

Tech giant reported a $11.5bn profit, up 32% from the same period last year, and sales increased 17% to $53.3bn, a new record Apple Inc reported better than expected sales figures for the third quarter, pushing shares of the iPhone giant higher and easing the value of the company up from $935bn toward the symbolic $1tn threshold. Growth was strong all around the world, Apple finance chief Luca Maestri said….

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Apple delivers best-ever second quarter despite sales worries

May 4, 2018

With revenues of over $61bn, Apple beat its 2015 record in the quarterly report released Tuesday, but sales of its most valuable product are slowing Apple on Tuesday shook off worries that its $1,000 iPhone had failed to live up to the hype but sales of the worlds most valuable companys most valuable product are slowing, and Apple has announced a plan to buy its way out of trouble. Releasing…

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