Apple said it sold 48.046 million iPhones during its most recent quarter, a slight improvement over the 47.534 million it sold in the previous quarter and way up from the 39.272 million it sold in the same quarter last year. Wall Street analysts had expected Apple to report sales of 48.5 million iPhones. Apple said it scored around $32 billion in revenues from its iPhone business.
Apple will report its quarterly earnings tomorrow and although the performance of the new iPhone 6s and 6s Plus will be a key focus, analysts and investors are likely going to be looking for what the company's top executives have to say about the coming holiday quarter to get a true sense of the phones' selling potential.
Speaking today at a Box corporate event, Apple CEO Tim Cook said the company doesn't have any plans to integrate its two main operating systems, Mac and iOS. "These operating systems do different things. We have no intention to blend them," he said, according to Re/code.
Apple CEO Tim Cook said that the company may eventually let iPhone customers delete applications Apple places on the phones by default, like Compass, Stocks, Podcasts and Tips.
Apple introduced a new version of its Apple TV device that offers voice-recognition functions, unified video search across Netflix, Hulu and other services, as well as an app store that will allow users to download games and other apps. However, absent from Apple's announcement was any mention of offering live TV services or access into pay-TV options. Apple reportedly had been in discussions with the likes of NBC, ABC and CBS to offer a package of TV services on its TV device, but recent reports have indicated that those discussions are ongoing and that Apple would not launch a streaming video service until sometime next year.
Markets all over the world are coping with sympathy pain following the steep decline of China's stock exchange, but Apple CEO Tim Cook said he's not worried about his company's long-term business prospects in China.
Apple CEO Tim Cook indicated that he has confidence in the company's business in China, especially its iPhone sales, despite investors' fears about slowing economic growth in the world's largest smartphone market that have sent stock markets around the globe spiraling downward.
Apple said it shipped 47.4 million iPhones in its most recent quarter, a figure slightly below what some analysts had expected. However, the company's quarterly profit jumped 38 percent, slightly more than analysts had expected. Apple's stock was down around 8 percent immediately after the news, likely due to investor hopes for higher iPhone sales.
ASPEN, Colo.---Apple plans to release an update on the company's workforce diversity later this summer but a top human resources executive with the company said today that the company has seen some improvements in terms of hiring women and minorities, particularly African-Americans.
Apple said that Jony Ive, its chief designer, has been promoted to a newly created position as Chief Design Officer, but is stepping away from some of his day-to-day duties in his new role.