Posts tagged with: Finances
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    Last time we checked in with Apple's quarterly finances, we discovered a mixed bag of fortunes: yes, Apple was bringing in more money than ever before, but its once-unstoppable growth looked like it may have finally succumbed to a changing market, as iPhone growth ground to a halt. Ever since, we've been bracing for more mixed-to-not-great news, especially as predictions looked to declining iPhone shipments. Today the company share its latest figures, and revenues, profits, and iPhone sales are all down. Quarterly revenue hit $50.6 billion, generating income of $10.5 billion. That's ...

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    And now, a case where obscurity by encryption can be used a weapon. Ransomware is one of the faster-growing threats to consumers and enterprises — in terms of prominence — and, more often than not, it has culprits getting away with their demands without even having to pore through their victims' information. After 10 days off of fussing with paper records, Hollywood Presbyterian Medical Center announced it had coughed up $17,000 to the hackers that essentially locked the hospital out of its own computer system. Now, we're learning about the approach of this Russian-originated "Xbot" ...

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    Sprint is not making money. It hasn't been for a while. It's also been losing subscribers. To an extent, it still is. That's why the company's taken a tougher attitude toward its customers' credit. It also hiked prices for services, added a new plan and has hinted at the demise of one-size-fits-all unlimited data. Sprint grabbed 237,000 postpaid phone subscribers during fiscal Q2, but lost 363,000 prepaid customers. Mixing in other postpaid devices plus wholesale and affiliate subscriptions, the net gain stands at 1.05 million subscribers. The earnings picture, though, looks less ...

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    Apple is a huge money mover: it knows how to make money and it uses that money to make more money. Morgan Stanley is also a huge money mover: it gives businesses money, trades money for money and makes bold statements about money for money money money. Also, money. Morgan Stanley seems to think that Apple is setting up for a huge holiday quarter this year based off of some disclosures in its last quarterly report. All told, some $36.8 billion worth of commitments — that's planned spending. Apple is also planning on capital expenditure projects for to facilitate more production across ...

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    By now, you might've seen the IHS and Slice Intelligence figures. If not, here's a quick summary: the standard 38mm Apple Watch Sport Band costs $2.05 for Apple to make and it is selling them for $49 each. The disclaimer here is that marketing, shipping and other associated costs aren't included here. That said, Apple prices nearly all, if not all of its products for profit because otherwise, it wouldn't be in business. This is beyond smartphones, here. We've seen the Cupertino tech trendsetters make money hand over fist in many ways. Many. The company threatened to start using foot over ...

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    Despite the fact that the numbers are looking really good, Apple's financial results for the second quarter of 2012 fall short of some expectations mainly because of speed bumps in the European economy as well as slightly worse iPhone sales. The fruit company managed to sell 26 million iPhones and 17 million iPads in Q2. However, iPhone sales are lower than expected and, according to the company, rumors of the next iPhone are hurting smartphone sales. The same thing happened last year with the iPhone 4 where many future owners refrained from purchasing one on the eve of the iPhone 4S ...

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