Apple Posts ‘Staggering’ Quarterly Profit Of $18 Billion, Sells 74 Million iPhones, 21 Million iPads
Apple said Tuesday that it sold 74.5 million iPhones during the three months that ended Dec. 31, beating analysts’ expectations for the latest models of Apple’s most popular gadget.
Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. That’s more than double what he received the previous year, as the company enjoyed a surge in sales and profit fueled by the popularity of its new, over-sized iPhone 6 models.
Apple is under fire again over working conditions for people who make its products, following a BBC investigation that alleges poor treatment of workers in Chinese factories.
A little over a year ago, Apple was in a tight race with Exxon Mobile as the world’s most valuable company. Today, its not even close.
In what many see as a big step for American business and society, Apple CEO Tim Cook has come out publicly, announcing that he is “proud to be gay.”
Alabama was too slow to guarantee the rights of minorities during the civil rights era, and now it’s too slow to ensure the rights of people based on sexual orientation and gender identity, Apple CEO Tim Cook said Monday in challenging his home state to do better.
One week after making headlines with the biggest iPhone launch ever, Apple is now doing damage control with several high-profile gaffes from a buggy software update to reports that the new devices bend too easily.
Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.
It’s the day Apple groupies have been waiting for. On Friday, the Apple iPhone 6 and iPhone 6 Plus went on sale across the country.
Surprise! U2 just put out a new album, and the renowned rock band is giving it away for free to iTunes users.