24 Jan, 2012
On Tuesday, Apple shattered all standing records with regard to the company’s quarterly earnings. After the close of business on Wall Street today, Apple announced its earnings rose more than 117% to $13.06 billion last quarter, or $13.87 per diluted share. Apple’s revenue was a new quarterly best at $46.33 billion. Earnings were [...]
19 Jan, 2012
On Thursday at Apple’s eagerly anticipated media event at New York’s famed Guggenheim Museum, Apple executive Phil Schiller introduced iBooks 2 for iPad. Schiller hailed the iPad as the ultimate tool for learning and said Apple is poised to harness this potential for the good of future students everywhere. The digital textbooks showcased [...]
10 Nov, 2011
Apple co-founder Steve Wozniak gave an exclusive interview to RFE/RL’s Armenian Service (Azatutyun.am). The creator of contemporary personal computers – iWoz was in Armenia on November 10 to receive an award from President Serzh Sarkisian for his contribution to the spread of information technology around the world.
30 Oct, 2011
The New York Times is reporting that Apple will release a Siri-powered HDTV by 2013. Sources close to Apple confirm that the TV will represent the next major product category Apple is poised to tackle. “It’s the stuff of science fiction,” writes Nick Bilton of The New York Times. “You sit on your couch and [...]
24 Oct, 2011
The co-founder and CEO of Siri – the popular voice recognition technology that defines the new iPhone 4S – joins the growing list of top leaders to part ways with Apple this year. Dag Kittlaus is widely credited with developing the voice recognition technology that has quickly become the most talked about new feature of [...]
19 Oct, 2011
On Tuesday, Apple announced quarterly earnings for its 2011 fiscal fourth quarter, which ended September 25th. Incredibly, Apple fell short of analyst estimates. Analysts had predicted that Apple would report earnings of $7.39 per share on revenue on $29.69 billion. Instead, Apple earnings came in at $7.05 per diluted share on revenue of $28.3 billion. [...]
05 Oct, 2011
We are saddened to learn this Wednesday evening that legendary Apple co-founder Steve Jobs has died. The iconic creator of all things Apple – the iPhone, iPad, iPod, iMac and iTunes – passed away in California today at the age of 56. Fewer than six weeks ago, Jobs resigned as CEO of the company he [...]
28 Aug, 2011
On Wednesday evening, as word broke that Apple CEO Steve Jobs would be resigning from his position as head of the tech giant he co-founded in the late 1970′s, more than just shares of Apple sunk in after-hours trading. Also plummeting were the hearts of many advertisers who momentarily feared that Jobs’ ambitions in mobile [...]
12 Aug, 2011
A new class-action lawsuit alleges that Apple has “conspired” with publishers HarperCollins, Hachette Book Group, Macmillan, Penguin and Simon & Schuster to wrongfully fix and escalate e-book prices. Likening Apple’s actions to a plot intended “to boost profits and force e-book rival Amazon.com to abandon its pro-consumer discount pricing,” the lawsuit assuses Apple of unfair [...]
30 Aug, 2010
It was reported over the weekend that Apple’s App Store has reached 250,000 total apps, reaching yet another important milestone in its short existence. According to 148Apps.biz, who keeps a running tab on app store metrics, Apple’s U.S. App Store passed the quarter million mark on Friday, just two years and 49 days after it [...]