money Stories April 25

AAPL: 105.08

-0.60
Stock Chart

Although slowing iPhone growth began to impact Apple’s bottom line numbers in the last quarter of the year, the company dominated Silicon Valley in 2015 as far as finances are concerned. In a survey of public tech companies in the Valley, total profit was $133 billion. Apple, alone, recorded profit of $53.7 billion dollars, responsible for 40% of the entire profit pool. The data was collected by SiliconValley.com.

Apple also ranked no. 1 by far in revenue, taking $234 billion in sales. Trailing far behind, the next closest was Alphabet (Google), at $74 billion …

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money Stories March 6

AAPL: 103.01

1.51
Stock Chart

 

Update: Version 2.92 of Transmission has now been released. This claims to actively remove the ‘KeyRanger’ malware files from the infected Mac.

OS X users have today been hit with the first known case of Mac ‘ransomware’ malware, found in the Transmission BitTorrent client released last week. Infected versions of the app include ‘KeyRanger’ malware that will maliciously encrypt the user’s hard drive after three days of being installed. The malware then asks for payment to allow the user to decrypt the disk and access their data — the ‘ransom’.

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money Stories January 22

AAPL: 101.42

5.12
Stock Chart

The lawsuit between Oracle and Google is inadvertently revealing some confidential information about the companies. It has already been disclosed that Google paid Apple a $1 billion fee in 2014 to keep Google as the default search provider for iOS Safari, as well as a revenue sharing agreement where Google gives a substantial portion of the iPhone search ad revenue to Apple.

Another lawyer from Oracle has also stated that Google has generated $22 billion in profit and $31 billion in revenue from Android in its lifetime, via Bloomberg. Although any number in the billions is impressive, it pales in comparison to Apple’s mobile platform profiteering. As highlighted by Quartz, Apple made more revenue from the iPhone in one single quarter, raking in $32 billion dollars worth of iPhone sales from July – September.

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9to5toys 

money Stories May 26, 2015

money Stories March 17, 2015

Facebook has today announced it is rolling out a new feature for users that will let friends send money to each other, through its Facebook Messenger app. Like similar services, a simple tap allows users to send a cash amount to their recipient in a single step. expand full story

money Stories March 3, 2015

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