Apple reported its results for the fiscal fourth quarter on Monday and it has been on something of a roller coaster ride since then. Shares fell 4% immediately following Apple’s report as investors balked at Apple’s slowing earnings growth, which handily topped consensus estimates but missed the Street’s steep whisper numbers. Shares climbed back into […]
The first projections covering iPhone 5c and iPhone 5s launch-week sales are in — and they seem to indicate that Apple’s worries about cannibalization are valid. Citi Research estimates that Apple will sell 4.5 million iPhone 5c units and 3.2 million iPhone 5s units between pre-sales and this weekend. If these numbers are in the […]
The exit of Apple iOS software chief Scott Forstall was apparently anything but quiet. Forstall was forced out after he refused to sign a letter apologizing for problems with Apple Maps, according to the Wall Street Journal.
The New York Times confirmed the firing, along with the unrelated ouster of Apple’s new retail chief, John […]
The State of Texas today announced that Apple has committed to spend $304 million to expand its operations in Austin, seeking to add over 3,600 employees to its workforce in the state. The new campus will more than double the size of Apple’s workforce in Texas over the next decade, supporting the company’s growing operations […]