The bad news keeps piling up for Apple, but that's not discouraging the Cupertino technology company from sharing some positive developments today, revealing that its App Store has managed to rake in nearly one-third of a billion dollars—on New Year's Day alone.
After China's iPhone injunction, Qualcomm has recently secured another sales ban, this one in Germany, and now the chip maker has put aside €1.34 billion, or approximately $1.5 billion, in security bonds which are required to enforce German ruling.
Apple has cut its sales outlook for the first time in over a decade, but CEO Tim Cook has assured employees in an internal memo that he won’t blame external factors for the overall slowdown in iPhone sales in China and a variety of other business issues.
After slashing Apple's revenue guidance for the important holiday quarter by a whopping $7 billion amid a slowdown in China and iPhone sales deceleration, Tim Cook will hold an all-hands meeting with workers today to assuage any concerns they may have about the situation.
Following Tim Cook's unexpectedly long and detailed open letter to investors in which he revised Apple's projected earnings for the lucrative holiday quarter, the company said today it will be holding a conferences call with Wall Street investors and analysts to discuss the latest quarterly earnings on Tuesday, January 29, at 2:00pm PT / 5:00pm ET.
Apple on Wednesday issued a revision for its fiscal Q1 2019 earnings, lowering its revenue expectations from $89 billion to $93 billion, down to 'approximately $84 billion." Tim Cook made the announcement in an open letter to investors, and trading halted on the news.
Apple's iOS 12 software now powers three-quarters of all devices.
Several security experts have warned that a bad actor with a malicious version of the standard power adapter or charge cable could easily damage your computer or another USB-C device, even deliver malware to it in just a few seconds. A new USB-C Authentication certification introduced today by the USB Implementers Forum (USB-IF) seeks to put an end to that.
Apple Music has named Ebro Darden, one of the Beats 1 radio hosts, its global editorial head of hip-hop and R&B as he took on a broader role at the iPhone maker's music-streaming service.
Apple has reportedly made as much as $256 million last year from the Netflix app, or more than $21 million per month on average, but that revenue is gone now following news that the streaming giant has stopped offering in-app subscription options on iOS devices.
Netflix has removed iTunes billing for all new users after customers in more two dozen countries could bypass the in-app subscription method as part of an experiment.
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