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Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO

Qualcomm sought to become the sole supplier of modem chips for Apple's iPhone to recoup a $1-billion "incentive payment" that Apple insisted on, not to block rivals from the market, Qualcomm's chief executive testified on Friday......»»

Category: topSource: reutersJan 11th, 2019

French antitrust body fines Apple 1.1 billion euros for anti-competitive behavior

France's competition watchdog on Monday fined iPhone maker Apple 1.1 billion euros for anti-competitive behavior in its distribution network and an abuse of economic dependence on its resellers......»»

Category: topSource: reutersMar 16th, 2020

Apple reports record sales, earnings for FY1Q20

Apple has reported sales for its fiscal 2020 first quarter - ended December 28, 2019 - reached US$91.8 billion, rising 9% from the year-ago quarter to hit an all-time record, driven by strong sales of the iPhone 11 series and wearables......»»

Category: topSource: digitimesJan 29th, 2020

Apple earnings climb on strength of iPhone 11 sales, strong holiday season

Apple posted record 2020 first quarter revenues of $91.8 billion, up 9% from the same period a year ago and wa.....»»

Category: topSource: usatodayJan 28th, 2020

Why Apple’s Earnings Beat Is So Impressive

Apple released its most recent quarterly results after markets closed Tuesday. The iPhone giant said that it had $4.99 in earnings per share (EPS) and $91.8 billion in revenue, compared with........»»

Category: blogSource: 247wallstJan 28th, 2020

Apple earnings climb on strength of iPhone 11 sales

Apple posted record 2020 first quarter revenues of $91.8 billion, up 9% from the same period a year ago and way abov.....»»

Category: topSource: usatodayJan 28th, 2020

Apple News users reach 100 million, App Store sales rise

Apple Inc's news service has reached 100 million monthly active users and customers spent more than $1.4 billion in the App Store between Christmas and New Year, the latest signs of growing revenue from the iPhone maker's services business......»»

Category: topSource: reutersJan 8th, 2020

"A web of anticompetitive conduct": Why Intel blames Qualcomm for having to give up its smartphone modem chips to Apple

Intel Corp. sold its smartphone modem chip business to Apple Inc. in July, but in a new court filing said it did so reluctantly and at a “multi-billion dollar loss” as a result of actions by rival Qualcomm Inc. Santa Clara-based Intel filed an.....»»

Category: topSource: bizjournalsDec 2nd, 2019

Intel says it sold its modem business to Apple at a "multi-billion dollar loss" because Qualcomm "strangled competition" (INTC, QCOM)

Intel; Shayanne Gal/Business Insider Intel said in a court filing that it sold its smartphone modem chip business to Apple at a "a multi-billion dollar loss." Intel said it was forced out of the market because of Qualcom.....»»

Category: topSource: businessinsiderNov 29th, 2019

Intel says Qualcomm tactics forced it out of modem chip market

Intel Corp sold its smartphone modem chip business to Apple Inc at "a multi-billion dollar loss," the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market......»»

Category: topSource: reutersNov 29th, 2019

Apple will give $2.5 billion to address the affordable housing crisis in Silicon Valley

The iPhone-maker, based in Silicon Valley, said people are leaving the Bay Area because of rising housing crisis......»»

Category: realestateSource: cnbcNov 4th, 2019

Apple Does It Again With Q4 Earnings

Apple released its most recent quarterly results after markets closed Tuesday. The iPhone giant said that it had $3.03 in earnings per share (EPS) and $64 billion in revenue, compared with consensus........»»

Category: blogSource: 247wallstOct 30th, 2019

Apple supplier Japan Display loses out on Chinese funds, bailout at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing......»»

Category: topSource: reutersSep 26th, 2019

Apple supplier Japan Display loses out on Chinese funds, survival at risk

Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing......»»

Category: topSource: reutersSep 26th, 2019

Apple spars with EU as $14 billion Irish tax dispute drags on

Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker's appeal against a $14 billion tax order, in a dispute that is key to the EU's drive to collect more taxes but which could also run for years......»»

Category: topSource: reutersSep 18th, 2019

Apple takes its $14 billion tax fight with the EU to court

Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator......»»

Category: topSource: moneycentralSep 17th, 2019

Apple takes its $14 billion tax fight with the EU to court

Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator......»»

Category: topSource: moneycentralSep 17th, 2019

Report: Apple R&D spending hits record high amid slumping iPhone sales

With iPhone sales down, Apple Inc. is investing more money than ever before into research and development, CNBC reports. The Cupertino company spent $4.2 billion on R&D in the quarter ending in June, more than in any other quarter.  Apple spent a hi.....»»

Category: topSource: bizjournalsAug 5th, 2019

Report: Apple R&D spending hits record high amid slumping iPhone sales

With iPhone sales down, Apple Inc. is investing more money than ever before into research and development, CNBC reports. The Cupertino company spent $4.2 billion on R&D in the quarter ending in June, more than in any other quarter.  Apple spent a hi.....»»

Category: topSource: bizjournalsAug 5th, 2019

How Apple Won Out in Q3

Apple released its most recent quarterly results after the markets closed on Tuesday. The iPhone giant said that it had $2.18 in earnings per share (EPS) and $53.8 billion in revenue, compared with........»»

Category: blogSource: 247wallstJul 30th, 2019

Apple takes majority stake in Intel modem unit

Apple agreed Thursday to pay $1 billion to acquire the majority of Intel's smartphone modem business, a move giving the iPhone maker more control over its supply chain......»»

Category: topSource: moneycentralJul 26th, 2019