Apple Reports Record Fourth Quarter Results
CUPERTINO, California — October 27, 2015 — Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent...
Dixons Carphone to close 11 percent of UK stores
The closures could be a long overdue knock-on effect from the Dixons and Carphone Warehouse merger in 2014. It’s more likely, however, an admittance that the company has strong competition and needs to be strategic with where and how it serves customers. Carphone Warehouse, for instance, is battling countless stores run by EE, Three and other UK networks, while its own carrier experiment, iD, hasn’t made much of an...
Dixons Carphone to close 11 percent of UK stores
The closures could be a long overdue knock-on effect from the Dixons and Carphone Warehouse merger in 2014. It’s more likely, however, an admittance that the company has strong competition and needs to be strategic with where and how it serves customers. Carphone Warehouse, for instance, is battling countless stores run by EE, Three and other UK networks, while its own carrier experiment, iD, hasn’t made much of an...
Apple Names Jeff Williams Chief Operating Officer
Tor Myhren Joins Apple CUPERTINO, California — December 17, 2015 — Apple® today announced that Jeff Williams has been named chief operating officer and Johny Srouji is joining Apple’s executive team as senior vice president for Hardware Technologies. Phil Schiller, senior vice president of Worldwide Marketing, will expand his role to include leadership of the revolutionary App Store® across all Apple platforms. Apple also announced...
LG’s weak mobile sales drag down profits again
Display sales are also way down, due again to a general malaise in smartphone, tablet and laptop markets. There’s no cheery news down the road in that division either, as Apple has reportedly cut orders for iPhone screens, and display prices are way down in general. However, that has actually helped LG’s home entertainment division, especially for premium models like UltraHD LED and OLED TVs. Thanks to lower panel prices,...
