‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Apple eyes record sales despite a slide in iPads July 22, 2014 TECH titan Apple expects its next iPhone launch in September to propel the firm to unprecedented fourth quarter sales of $40bn (£23.4bn). Despite its record guidance, Apple’s third quarter sales missed analysts’ expectations last night reaching just $37.4bn, short of the expected $38bn. Unit sales in Apple’s iPad division fell nine per cent on last [...]
Apple beats earnings expectations as investors look ahead to iPhone 6 and iWatch releases July 22, 2014 It's what Apple does next that really matters. The company's quarterly earnings figures saw it post a smaller than expected rise in revenue of six per cent as the tech giant continues to grow, albeit slower than anticipated, with subdued sales of iPhones and iPads in the three months to the end of June. In its [...]
Apple orders record number of new iPhone 6 handsets ahead of possible September release date July 22, 2014 Apple has ordered into production more iPhone 6 handsets than any other model before, according to the Wall Street Journal (WSJ). The paper is reporting that Apple has ordered 70-80m units which is to be split between the 4.7 and 5.5 inch models, both of which are larger than the current 4-inch screen on the [...]
Apple adds BlackRock founder Sue Wagner to board of directors upping financial clout July 18, 2014 Sue Wagner, a founder of asset management firm BlackRock, has been appointed to Apple’s board as a replacement for the tech giant’s longest serving board member, Bill Campbell, who is retiring. Wagner’s appointment adds some heavyweight financial clout to the board with significant experience in mergers and acquisitions, hinting at the direction Apple might be [...]
Apple’s iPhone 6 to begin production next week ahead of possible September UK release date July 18, 2014 Apple's new iPhone looks set to begin production next month, with Taiwan's Hon Hai Precision Industry Co Ltd manufacturing the majority of the new handsets. The widely anticipated iPhone 6 is expected to come in two sizes, one with a 4.7-inch screen and another at 5.5 inches. According to Taiwan's Economic Daily News, which did not cite sources, [...]
Cloud and big data boost IBM as it announces Apple partnership July 17, 2014 IBM reported higher-than-expected quarterly revenue and profits last night, as it pressed ahead with its shift to higher-end businesses such as big data, cloud computing, and security and mobile services. The business technology giant’s total revenue fell two per cent to $24.4bn (£14.3bn) in the second quarter, above analysts’ average estimate of $24.1bn. Profit rose [...]
Google Play downloads soar as Apple holds on to app revenues July 16, 2014 Apple continued to dominate app store revenues during the second quarter with its iOS iPhone and iPad app store providing around 80 per cent more revenue than Google’s Play app store, according to research from app analytics firm App Annie. Google remained the most widely used platform, accounting for 60 per cent of downloads, up [...]
Apple and IBM team up to create new business apps July 16, 2014 Apple and IBM are partnering up to co-develop business-centric apps for iPhones and iPads, which they intend to make available later this year. The new class of “made-for-business apps” will target specific industry issues and opportunities for clients in sectors such as retail, healthcare, banking, travel and insurance. The two companies intend to [...]
We know nothing about it, but revenues from Apple’s iWatch tipped to double Rolex sales in a year July 15, 2014 It doesn't even have a release date yet, but revenues from Apple's smartwatch could be twice as high as sales at watch making giant Rolex in its first year. That is what watchers of the Cupertino-based tech stalwart at investment bank Morgan Stanley believe, as they appear to have full confidence that Apple's attempt to [...]
Apple preparing for iWatch launch with another high profile hire July 5, 2014 Apple appears to be gearing up for the impending launch of its iWatch with another high profile hire, poaching a senior executive from Swiss luxury watch brand Tag Heuer. Tag Heuer, part of luxury goods group LVMH, announced that vice president for sales Patrick Pruniaux will be leaving the company on Monday 7 July to join [...]