Apple Reports Record First Quarter Results

Results Produce Record Quarterly Profit of $18.4 Billion CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per...

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Apple Reports Record Third Quarter Results

CUPERTINO, California — July 21, 2015 — Apple® today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to...

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Pinterest lowers its goal for female engineer hires

The company partly blames the shortfall on its own hiring strategy. Its focus was on hiring women as senior engineers, which takes longer than standard-level workers. Pinterest is addressing this in part through expanding its use of a “Rooney Rule” (where it interviews at least one woman and one person from an underrepresented group) for recruitment beyond executive positions.This isn’t to say that Pinterest fell...

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Pinterest lowers its goal for female engineer hires

The company partly blames the shortfall on its own hiring strategy. Its focus was on hiring women as senior engineers, which takes longer than standard-level workers. Pinterest is addressing this in part through expanding its use of a “Rooney Rule” (where it interviews at least one woman and one person from an underrepresented group) for recruitment beyond executive positions.This isn’t to say that Pinterest fell...

Read More

Apple Reports Record First Quarter Results

Results Produce Record Quarterly Profit of $18.4 Billion CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per...

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