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Apple"s wearables revenue is already exceeding peak iPod sales, Tim Cook says

Apple CEO Tim Cook says that the revenue from his company's wearable products, namely the Apple Watch and the AirPods, has already topped that of the iPod at its peak......»»

Category: topSource: madmoneyJan 8th, 2019

Report: Apple to slow hiring; Austin’s new mega-campus on track

With iPhone sales falling short and revenue forecasts dragged down, Apple Inc. will cut back on hiring for some divisions, Bloomberg reports, citing anonymous sources. The intel was reportedly gathered after CEO Tim Cook met with employees earlier t.....»»

Category: topSource: bizjournalsJan 17th, 2019

How a used-phone dealer takes a bite out of Apple

Slowing iPhone sales in China dominated the business headlines last week, when Apple warned investors that quarterly revenue would disappoint. But buried under the headline, CEO Tim Cook cited... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2019

What"s really causing Apple"s revenue decline?

Apple CEO Tim Cook pointed to slow iPhone sales in China and fewer iPhone upgrades as factors affecting the company's revenue......»»

Category: topSource: moneycentralJan 4th, 2019

Apple’s Market Cap Falls Briefly Below $1 Trillion After Warning of Weaker-than-Expected Holiday Sales

Apple CEO Tim Cook said that weakness in emerging markets could cause revenue to disappoint this quarter. Apple’s warning to investors that its holiday sales could come in below Wall.....»»

Category: europeSource: fortuneNov 1st, 2018

The puzzle of Apple’s wearables sales, solved

MAV, the pseudonymous author of the occasional AAPLTree blog, shows his math. How much revenue do Apple's AirPods, Watches and Beats accessories generate?.....»»

Category: blogSource: 247wallstAug 28th, 2018

Loop Capital lowers estimates on Apple"s 2019 iPhone revenue, unit sales

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 20th, 2019

Can Apple"s Services Counteract Flagging iPhone Sales?

The jury is still out on the subject following skepticism over Apple's revenue sharing models. .....»»

Category: smallbizSource: nytFeb 18th, 2019

Apple Appoints New Retail Head As iPhone Sales Slump Drags On

With sales of its signature iPhone slumping and CEO Tim Cook shifting the emphasis to Apple's booming services business, the company announced on Tuesday that long-time retail head Angela Ahrendt will be leaving the company after a five-yea.....»»

Category: blogSource: zerohedgeFeb 6th, 2019

Apple"s Stock Is Up Because Sales Are Looking Better Than Feared

The company said it’s expecting revenue of $55 billion to $59 billion for the current quarter. That’s not quite what Wall Street was hoping for, but it’s also not the disaster some were expecting......»»

Category: topSource: barronsJan 30th, 2019

Apple"s Revenue and Profit Drop: "The iPhone Has Matured"

Apple Inc. posted a quarterly decline in both revenue and profit, the first time in more than a decade for the December quarter, underlining its need to reignite slowing iPhone sales and get more growth from services......»»

Category: asiaSource: wsjJan 30th, 2019

Apple's iPhone problem: It just needs lower pricing, analysts say

Apple saw a $10.1-billion drop in iPhones sales since last year, while sales of iPads, Macs, wearables, iC.....»»

Category: topSource: usatodayJan 29th, 2019

MarketWatch First Take: Apple revenue should continue to shrink, so why is the stock up?

Apple issued a weaker-than-expected sales forecast Tuesday, the type of trend that would typically result in a stock decline, but Apple stock rose more than 5% in after-hours trading......»»

Category: topSource: marketwatchJan 29th, 2019

Apple is putting the brakes on hiring for certain groups because of slowing iPhone sales (AAPL)

AP Apple plans to reduce hiring in certain groups, according to a Bloomberg report. CEO Tim Cook informed e.....»»

Category: topSource: businessinsiderJan 19th, 2019

Mark Gurman: Here’s what Tim Cook said about an Apple hiring freeze

From "Apple Plans to Cut Back on Hiring Due to iPhone Sales Struggles," posted Wednesday on Bloomberg News......»»

Category: blogSource: 247wallstJan 17th, 2019

Apple CEO Tim Cook orders hiring slowdown after surprisingly bad holiday sales

Apple Inc. CEO Tim Cook ordered a hiring slowdown in certain areas, after the company missed its own holiday sales estimates by at least $5 billion, Bloomberg reports, citing unnamed sources. Cook reportedly made the announcement at an all-hands compa.....»»

Category: topSource: bizjournalsJan 17th, 2019

Apple to reportedly slow hiring in some divisions

Apple Inc. plans to cut back on hiring in specific divisions as it deals with slowing iPhone sales growth that led to a revenue warning earlier this m.....»»

Category: topSource: marketwatchJan 16th, 2019

Apple plans some hiring reductions after selling fewer iPhones: Bloomberg

Apple Inc will cut back on hiring for some divisions after lower-than-expected iPhone sales and missing its revenue forecast for the holiday quarter, Bloomberg reported on Wednesday, citing sources familiar with the matter......»»

Category: topSource: reutersJan 16th, 2019

There Goes The Chinese Consumer: Alibaba Is Latest Company To Warn About Slowing Growth

Hours after the Wall Street Journal published a story speculating about who would be next to upend an equity rally with a warning about faltering sales in China (after Apple's quarterly revenue guidanc.....»»

Category: blogSource: zerohedgeJan 14th, 2019

China retailers slash iPhone prices after Apple sales warning

Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning......»»

Category: topSource: reutersJan 11th, 2019

Apple suppliers face China iPhone sales exposure

On Jan. 2, Apple Inc. cut its revenue outlook for the first time in almost two decades, citing weak.....»»

Category: topSource: moneycentralJan 10th, 2019