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Monthly Archives: January 2017

Cook calls Apple’s $1B litigation against Qualcomm a ‘last resort’

January 31, 2017 mactips

In Tuesday’s post-earnings conference call, Apple CEO Tim Cook reiterated that while the company is not a fan of litigation, Qualcomm’s actions and refusal to negotiate fair patent licensing terms forced the iPhone maker to sue.

Source:: Apple Insider

      

Apple sees light at end of tunnel in China as revenues stabilize on constant currency basis

January 31, 2017 mactips

Though Apple posted record-setting highs for the first quarter of 2016, product sales are still facing headwinds in China, once a bastion of economic growth for the company.

Source:: Apple Insider

      

Apple Watch sales set new ‘record’ during holidays, but no numbers revealed

January 31, 2017 mactips

A “record” number of Apple Watches were sold in Apple’s fiscal first quarter of 2017, CEO Tim Cook said on Tuesday, though the company is still refusing to break out specific figures.

Source:: Apple Insider

      

Apple still acquires 15-20 companies per year, Cook says no size is too large to consider

January 31, 2017 mactips

Apple CEO Tim Cook revealed on Tuesday that his company’s ambitions as far as acquisitions continues apace, with no acquisition apparently too big or too small for the company to consider from a strategic standpoint.

Source:: Apple Insider

      

Tim Cook: Repatriation of $231B in overseas cash would be ‘very good for the country and good for Apple’

January 31, 2017 mactips

With the newly anointed administration of U.S. President Donald Trump signaling a business-friendly environment, Apple Chief Executive Tim Cook said he’s hopeful that his company will be able to finally bring some of its massive $231.3 billion cash hoard back home at a reasonable tax rate.

Source:: Apple Insider

      

Apple iPad decline continues with 19 percent drop in holiday quarter

January 31, 2017 mactips

In contrast with Mac and iPhone performance, the iPad continued a long-term decline in Apple’s first fiscal quarter of 2017, seeing shipments fall 19 percent year-over-year.

Source:: Apple Insider

      

Apple’s iPhone hits ASP of $695 in record-setting fiscal Q1

January 31, 2017 mactips

Apple returned to growth during the holiday quarter thanks in large part to iPhone, sales of which hit an all-time high of 78.3 million units with an average selling price of $695, also a record.

Source:: Apple Insider

      

Notes of interest from Apple’s Q1 2017 conference call

January 31, 2017 mactips

Apple returned to growth and exceeded Wall Street expectations on Tuesday, when it reported record revenue, profits and iPhone sales for the first quarter of fiscal 2017. Following the news, the company held a conference call with media and analysts, and notes of interest follow.

Source:: Apple Insider

      

Driven by its App Stores, Apple’s ‘Services’ business explodes with $7.17 billion in revenue

January 31, 2017 mactips

Apple’s earnings once again broke records for the company, but Services stands out, earning the company $7.17 billion just on Apple Pay, digital content, and others.

Source:: Apple Insider

      

Apple smashes expectations: record setting $78.4B in revenue on sales of 78.3M iPhones

January 31, 2017 mactips

Apple’s holiday 2016 quarter was the company’s biggest ever, soaring to new heights on sales of 78.3 million iPhones following the launch of the iPhone 7 series.

Source:: Apple Insider

      

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