Apple has reported its [fiscal] Q2 2017 earnings, offering a look at its performance over the last 3 months. During the period the company sold 50.8 million iPhones, 8.9 million iPads and made $52.9 billion in revenue.
According to Recode, Apple recently held discussions with payments industry partners about introducing a peer-to-peer service for transferring cash digitally between friends, plus virtual prepaid cards that would run on Visa’s debit network and work with Apple Pay.
iPhone owners in the United States spent an average of $40 on apps last year, reports analytics firm Sensor Tower. That number includes both premium and in-app purchases, and it represents a $5 increase from 2015.
Unsurprisingly, most of that money is going to games. Sensor Tower says more than 80% of US App Store revenue in 2016 came from games, and it shows on the device level—users spent an average of $27 on games.
With leather wallet iPhone cases being a hot commodity, we’ve recently shown you several from brand names. Another little-known contender in the market is Distil Union, a company that integrates their unique quick-release technology into the card slot of their cases.
In this review, we’ll be showing you the Distil Union Wally Ether for the iPhone 7 Plus. It’s a wallet case alternative with stitched leather flavor that has been designed for minimalists who need to carry a card or two on them anywhere they go.
Apple is breaking records—the company’s stock price has surged to an all-time intraday high, trading as high as $134.88 today and having surpassed the previous all-time intraday high of $134.54 set on April 28, 2015. The current stock price gives the Cupertino company a market capitalization of nearly $710 billion, the largest market valuation for a publicly traded American company.
According to MarketWatch, just yesterday the stock had closed at a record $133.00, passing the previous record set two years earlier.
Apple announced the financial results for its fiscal first quarter of 2017 this afternoon, and the numbers for the holiday period are pretty good. The company beat Wall Street estimates by putting up a record 78.3 million iPhone sales and more than $78 billion in revenue.
Following the release of its earnings, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about their company’s performance over the last 3 months, and offer up some insights into its future. Here are some of the most interesting points from the call.
Apple on Tuesday reported its [fiscal] Q1 2017 earnings, offering a look at its performance over the all-important 3-month holiday quarter. To the surprise of many analysts, the company beat Wall Street’s expectations by posting a record 78.3 million iPhone sales and $78.4 billion in revenue.