The consensus forecast among analysts polled by Thomson Reuters for Apple’s Q4 earnings is $51.11B, up 21.3% year-on-year. This would be slightly above the top end of Apple’s guidance of $49-51B reportsRe/code. Analysts predict unadjusted net profit of $10.72 billion, or $1.88 per AAPL share – up from $1.42 per share last year … expand full story
Reuters Stories October 27, 2015
Reuters Stories March 6, 2015
Apple reportedly invests in new $1.4 billion Japan Display LCD plant
Reuters reports that Japan Display Inc, an Apple parts supplier, just announced plans to build a new $1.4 billion LCD plant that will reportedly help it become a primary supplier of smartphone displays to Apple.
The report also claims that Apple has invested in the plant, but didn’t disclose any financial details related to the investment:
The company did not name Apple, in line with its policy of not identifying clients. A person familiar with the matter said Apple would also invest an unspecified amount in the plant, which would further the Japanese screen maker’s aim of becoming the primary supplier of high-tech screens for iPhones.
The news follows reports last month that Apple was considering such an investment in the new factory somewhere in the neighborhood of $1.7 billion.
The new plant will reportedly start production in 2016 and increase Japan Display’s LCD capacity by 20 percent.
Reuters Stories February 4, 2015
Reuters TV app for iPhone launches w/ on-demand & live video content
Reuters is today releasing a new app for iPhone called Reuters TV that offers access to on-demand video content and live feeds of Reuters’ live coverage of certain events.
Reuters Stories November 18, 2014
Analysts attending the Reuters Global Investment Outlook Summit in New York have suggested that Apple could eventually be valued at a trillion dollars.
Gains in shares of Apple Inc could take the world’s largest publicly traded company to a market capitalization of perhaps as high as $1 trillion, some of the country’s biggest investors said on Monday.
AAPL got two-thirds of the way there a few days ago, reaching $663B, since climbing further to $670B, and billionaire investor Carl Icahn suggested last month that the company should already be valued at a trillion dollars … expand full story
Reuters Stories October 24, 2014
Former Apple retail head Ron Johnson raises $30M for intriguing online shopping startup
Ron Johnson, who headed up Apple’s retail operations for almost 12 years, has raised $30M in funding for an intriguing-sounding online shopping service due to launch next year, reports the WSJ.
The new company is called Enjoy, and Mr. Johnson says its goal is to change the way people buy and use the “things that matter” in a world in which consumers start their shopping online […]
Johnson is not giving much away about what Enjoy will offer, but said that it’s designed to help bridge the gap between offline and online shopping for more complex and expensive products.
Enjoy aims to help shoppers develop a connection with new products, in the way that Apple Stores let shoppers try its products. For example, Mr. Johnson said it is hard for customers to understand the capabilities of a new product like a GoPro camera from shopping online.
The Apple background doesn’t end with Johnson, who was SVP of Retail Operations from January 2000 to November 2011: he’s also brought on board Jerry McDougal, a former retail VP at Apple, and creative director Tom Suiter, who played a key role in the iMac campaigns and in-store graphics for Apple Stores.
Reuters Stories September 18, 2014
Reuters is reporting that Apple has now received one of the two licences needed to allow it to sell the iPhone 6 in China. There is no word yet on the second licence required before the iPhone 6 and 6 Plus can be launched in this hugely important market.
Apple Inc’s iPhone 6 received regulatory approval for use on domestic frequencies but still requires one more critical licence before it may be sold in the country, the official Xinhua news agency reported on Thursday […]
Apple still needs to obtain a critical network access licence for the iPhone, after which sales may begin, Xinhua said …