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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

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

Apple Inc. (NASDAQ:AAPL) China sales are dragging on revenue due to the trade war

Apple Inc. (NASDAQ:AAPL) China sales are dragging on revenue due to the trade war For the first time in 16 years, Apple (AAPL) pre-released guidance on earnings – and it’s not good. In a letter to shareho.....»»

Category: topSource: livetradingnewsJan 9th, 2019

Apple Gives CEO 22% Increase in Pay

Chief Executive Tim Cook received the big boost in compensation for fiscal 2018, when the iPhone maker blew past annual sales and profit goals but faced slowing momentum for its most popular device......»»

Category: asiaSource: wsjJan 9th, 2019

Apple To Cut First Quarter iPhone Production 10%–Source

On the heels of a cut in earnings expectation for the final quarter of last year and comments by CEO Tim Cook about sales challenges in China, Apple has hit another hurdle. The Nikkei Asian Review........»»

Category: blogSource: 247wallstJan 8th, 2019

Apple CEO Tim Cook speaks with CNBC"s Jim Cramer: Full transcript

Apple CEO Tim Cook talked to CNBC's Jim Cramer about iPhone sales, the Chinese economy and the future of Apple......»»

Category: topSource: madmoneyJan 8th, 2019

Five things you need to know today, and a new look

Good morning, Boston. Here are the five things you need to know as you start your busy day: Stocks pummeled amid Apple sales cut, trade worries Wall Street slumped yesterday following  a rare revenue warning from Apple and data showing a major .....»»

Category: topSource: bizjournalsJan 4th, 2019

Dow closes 660 points lower after Apple cuts sales outlook, weak reading on U.S. manufacturing

The Dow fell 660 points after Apple lowered its quarterly revenue outlook due to slowing iPhone sales in China, spooking stock m.....»»

Category: topSource: usatodayJan 3rd, 2019

Apple stock tanks 10 percent in biggest daily loss in 6 years

Apple stock cratered more than 10 percent Thursday, a day after the company slashed first-quarter revenue guidance in a rare acknowledgement of waning sales......»»

Category: topSource: moneycentralJan 3rd, 2019