Republican tax proposal would see Apple pay 12% on current overseas cash, bring future profits back tax-free
A new proposal from House Republicans would force companies like Apple to pay taxes on profits accumulated overseas, whether they choose to bring that money back to the United States or not. Apple is one of the largest companies holding cash and marketable securities overseas with some $262 billion stored…
Thieves steal $370K worth of iPhone X units right off a UPS truck at San Francisco Apple Store
While Apple loyalists camp out around the world in anticipation of the iPhone X, three “husky men in hoodies” took matters into their own hands. According to reports from CNET and local media, the three men stole over 300 iPhone X units directly off a UPS truck outside of an Apple Store in San Francisco…
iPhone X shipping improves to 3-4 weeks from Apple
While some customers have noted improvements in ship times for their own individual iPhone X orders, Apple this evening lower the shipping window across the board if you’re still mulling a purchase. If you head to Apple’s Online Store, you’ll notice that Apple now lists all iPhone X models as shipping within 3-4 weeks…
Report: T-Mobile and Sprint attempting to ‘salvage’ merger as concerns over control loom
The on again, off again merger between Sprint and T-Mobile is seemingly back on the table. According to a new report from The Wall Street Journal, the two carriers are working to “salvage” the deal following concerns about ownership of the newly formed entity.
First iPhone X pre-orders arrive as sales begin at Apple Stores around the globe [Gallery]
At long last, the clock is slowly starting to turn to November 3rd around the world. That means the iPhone X is officially available to purchase at Apple Stores, while the first batch of pre-orders has also started to arrive on customer doorsteps…
Tim Cook touches on iPhone X pre-order demand, supply issues, and more
During Apple’s fiscal fourth quarter earnings call this evening, Tim Cook touched on the supply and production issues that have plagued the iPhone X thus far. Cook explained that things are improving dramatically, but it’s hard to look too far into the future.
Live blog: Apple’s fiscal year Q4 2017 earnings call
Moments ago, Apple announced the results for its fiscal fourth quarter of 2017, reporting profits of $10.7 billion on revenue of $52.6 billion. The company sold 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs. As usual, next up on the docket is Apple’s quarterly earnings call, which will kick-off at 2PM PT/5PM ET and we’ll have live coverage right here…
Apple announces Q4 2017 revenue of $52.6b: 46.7m iPhones, 10.3m iPads, 5.4m Macs, next quarter guidance $84b-$87b
We’re just hours away from the launch of the iPhone X (ahhh!), but first Apple has to report how its last quarter went which includes initial iPhone 8 and iPhone 8 Plus sales. iPhone X only became available for pre-order last Friday and won’t appear in today’s results.
In addition to the iPhone 8 and iPhone 8 Plus, Apple’s fiscal year 2017 fourth quarter results also include Apple Watch Series 3 and Apple TV 4K.
So how did Apple perform last quarter with the iPhone X looming over the iPhone 8 and iPhone 8 Plus? Apple reports $52.6b in revenue and $10.7b profit from 46.7m iPhones, 10.3m iPads, and 5.4m Macs sold. Next quarter Apple forecasts revenue between $84 billion and $87 billion (that’s a lot).
FY17 Q4 results compare to the previous quarter’s $45.4 billion in revenue, $8.72 billion in profit, 41 million iPhones, 11.4 million iPads, and 4.29 million Macs. In the same quarter a year ago, Apple reported $46.9 billion in revenue, $9 billion in profit, 45.51 millions iPhones sold, 9.28 million iPads sold, and 4.89 million Macs sold.
Full press release after the break, and stick around for our earnings call live blog at the top of the hour:
Watch this 15-minute long iPhone X teardown video while you wait for yours
iPhone X launches in the US tomorrow and the first video teardown of the new smartphone has already surfaced on YouTube. It’s a rather crude capture compared to the highly polished iFixit teardown we’ll likely see in a matter of hours, but the 15-minute long video offers an early look at the internals of the newly designed iPhone.
Halide 1.5 delivers a stunning edge-to-edge iPhone X design, Depth and HEIC support, more
Created by former Twitter for iOS tech lead Ben Sandofsky and ex-Apple designer Sebastiaan de With, Halide is a beautiful iPhone camera app with gesture-based pro controls that launched earlier this year. With the release of the all-screen iPhone X tomorrow, Halide is out with a major update featuring a new user interface designed from scratch for the new device.