Carl Icahn’s letter to Apple chief executive Tim Cook: Apple should be worth $1.5 trillion May 18, 2015 Another day, another missive from Carl Icahn. The activist investor has written an open letter to Apple chief executive Tim Cook saying shares in the Silicon Valley giant are massively undervalued, and that they should be worth $240 each – a figure which would value the company at a cool $1.5 trillion (£957bn). Read more: [...]
Apple Watch review: It’s not perfect, but it’s still the best smartwatch out there May 14, 2015 The most hotly awaited device of the year bears all the hallmarks of the Cupertino company. Apple is the master of selling products that nobody knew they wanted. A phone with a computer in it? Yeah, you’re going to want that. A massive version of a phone that doesn’t make calls? Trust us. But a [...]
Why we need an Apple for financial services – to rebuild customer trust May 13, 2015 Modern life has turned us all into perfectionists. We value companies that make our lives easier, and shun those that don’t. We expect brands to make us feel good and remind us that we’re part of something special. Companies have to deliver great service every time, or face our wrath on social media and risk [...]
Why lonely Apple Watch owners are sharing their heartbeats with strangers May 6, 2015 If you share a heartbeat and there's no one at the other end to feel it, has that heartbeat been shared at all? Apple Watch users have clubbed together on Reddit to solve that very problem – by creating a board just for those feeling a bit isolated with their newly-acquired Apple Watches. Let's explain: [...]
Samsung Vs Apple: Galaxy S6 maker back on top despite record iPhone 6 sales April 29, 2015 Apple may have had another incredible quarter with the huge success of the new iPhone 6, but Samsung managed to steal back the much sought after smartphone crown from the world's biggest company. Samsung recaptured the title of the world's largest seller of smartphones by volume, shipping 83.2m devices in the first quarter of the [...]
Apple breaks another record as share price surges above $134.5, market cap rises to $775bn April 28, 2015 Apple's share price just won't quit. Shares in the iPhone maker have reached another new high – this time the share price peaked at $134.54 during early trading. That gave it a market cap of more than $775bn. It has slipped back down now to around $131.5 – and its market cap has [...]
Apple sales soar on back of China growth: Profits rise despite decline in iPad sales April 27, 2015 Apple has reported a 27 per cent increase in revenue to $58bn (£38bn) for the second quarter, boosted by strong demand in China. Sales in China alone rose 71 per cent to $16.8bn, helping the smartphone giant rake in profits of $13.6bn, up from $10.2bn last year. The firm sold 61.2m iPhones during the period, [...]
Apple smashes it and beats expectations with best second quarter figures ever April 27, 2015 The world's most valuable company has just outdone itself. The figures During the second quarter ending 28 March, Apple's revenue grew by 27 per cent to $58bn (£38bn), exceeding market expectations of $56bn. The net profit of $13.6bn will also bring a smile to investors' faces, since it pushed earnings per share up by [...]
Apple earnings: Four things to expect after the iPhone 6 success and Apple Watch launch from the second quarter results April 27, 2015 Apple is expected to report another exceptional quarter, still riding high from the success of the iPhone 6. It's a tough act to follow after last quarter, its first since the new generation phone launched last year, when it sold a record 74.5m iPhone's and sales rose an astonishing 30 per cent to $74.6bn (yes, [...]
No clocking off in Apple Watch battle: Why Swiss watchmaker H. Moser & Cie boss Edouard Meylan is bullish about the future April 26, 2015 Even without the usual queues of devoted fans outside its stores, Apple created enough hype around its long-awaited watch that when it went on sale earlier this month, the limited first run sold out within hours. The £12,000 Watch Edition – made with gold – was one of the first of its 38 style options to [...]