fortune Stories July 22, 2015
fortune Stories July 15, 2015
Apple executives don’t often make appearances at tech industry events, but the company’s Global Human Resources Chief Denise Young Smith this week sat down for a discussion at the Fortune Brainstorm Tech conference.
During the interview, Smith talked mostly about diversity at Apple and noted the company would release its second report disclosing data on the subject later this year. Smith’s role expanded to head of human resources for the whole company back in February last year after previously leading HR for Apple’s retail operations, and since has been the face of many of Apple’s diversity related initiatives and announcements. Last August, Apple for the first time released diversity data while stepping up initiatives to include employee events celebrating and promoting diversity. It also announced $10K Inclusion and Diversity scholarships last year for minorities in tech. expand full story
fortune Stories April 27, 2015
With Apple set to reveal its fiscal Q2 earnings after market close today, analysts are expecting double-digit year-over-year growth in all categories except iPads. Fortune‘s roundup says that analysts predict revenue of $56.84B, up a massive 24.5% year-over-year, and above the top end of Apple’s $52-55M guidance. Earnings per share is predicted to be $2.21, up a third on the previous year, with gross margin just shy of Apple’s top-end guidance at 39.4%.
Double-digit growth is expected in both iPhones and Macs. For iPhones, the prediction includes sales just under 56M, 32.6% higher than the same quarter last year, while Mac sales are forecasted to hit 4.7M, 13.6% up on last year … expand full story
fortune Stories December 2, 2014
In a new interview with Fortune, Apple’s SVP of Internet and Software Services Eddy Cue opened up about Apple’s ongoing ebooks litigation ahead of the company’s December 15th appearance before a federal appeals court. Apple formally appealed the ebooks antitrust ruling earlier this year after a judge ruled in favor of the Department of Justice in 2013 claiming that Apple conspired with ebook publishers to raise prices.
“We feel we have to fight for the truth,” says Cue. “Luckily, Tim feels exactly like I do,” he continues, referring to Apple CEO Tim Cook, “which is: You have to fight for your principles no matter what. Because it’s just not right.”
fortune Stories November 13, 2014
fortune Stories September 18, 2014