Apple's iPhone X hit stores around the world Friday, drawing crowds in many locations and protests in others as the new flagship device hit stores in some 50 markets worldwide.
Apple enthusiasts around the globe were lining up to get their hands on the new device which features facial recognition, cordless charging and an edge-to-edge screen with technology used inRead more
Apple profits soared by a fifth as its flagship iPhone X hit stores in Asia Friday, with the company predicting bumper sales despite its eye-watering price tag.
Net profit rose 19 percent from a year ago to $10.7 billion in the fiscal fourth quarter to September 30, Apple said. Revenues were up 12 percent to $52.6 billion.
Release of theRead more
Apple Inc.’s shares hit a record-high on Friday after the tech giant reported a blowout fourth quarter and shrugged off concerns related to the iPhone X, prompting more analysts to put a trillion-dollar valuation on the company.
The stock rose as much as 3.7 percent to $174.26, briefly breaching $900 billion in market value, amid declines in the broader market.Read more
Apple on Thursday reported profits rose on the back of strong iPhone sales in the past quarter, with the US tech giant set to begin selling its newest flagship handset seen as a key to its future.
Net profit rose 19 percent from a year ago to $10.7 billion in the fiscal fourth quarter to September 30, Apple said. RevenuesRead more
Apple on Thursday reported its profit climbed 19 percent to $10.7 billion as iPhone sales grew in a stronger-than-expected update for the past quarter.
Release of the earnings figures pushed Apple shares up more than 3 percent to $173.50 and came as iPhone X models began hitting the market in some time zones.
Source: AFPRead more
Apple Inc. quashed any concern of muted demand for its iPhone X on Friday, saying pre-orders for the 10th anniversary phone were “off the charts.”
The company’s shares, which have fallen steadily since it announced in early September it would launch two iPhones within two months, rose nearly 3 percent in response.
Pre-orders for the much-anticipated 10th anniversary phone startedRead more
Apple laid claim to the future of the smartphone Tuesday with a 10th anniversary iPhone X, featuring facial recognition unlocking and other refinements, touting the device as the next generation of mobile computing.
The iPhone X was one of three new iPhone models unveiled at the first event at Apple's new "spaceship" campus, as the California tech giant sought toRead more