Apple supplier Luxshare plans to increase its investment in Vietnam by $330M, to $504M total, as the AirPods manufacturer further diversifies away from China
Mai Ngoc Chau / Bloomberg :
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+
its fastest year of growth since 2012. Net income for the year: $94.7bn. @parikpatelcfa : Microsoft has just overtaken Apple to become the largest company in the world by market cap. This makes sense ...
Tim Cook says revenue for Apple's wearables is 50% more than iPod at its peak, with the Watch and AirPods generating 4-6x more in sales than iPod over same time
- Apple CEO Tim Cook says that the revenue from his company's wearable products, namely the Apple Watch and the AirPods, has already topped that of the iPod at its peak.
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China
and today. But look how many tech people think PCs are essential and interesting. Steven Sinofsky / @stevesi : 5/ There are many examples of mature product lines with significant growth selling into a...