Apple gives weak forecast, shares fall nearly 7%

Last Updated: Wednesday, July 22, 2015, 09:46

The forecast overshadowed Apple`s strong sales in China, which more than doubled to $13.23 billion from a year earlier.

Apple's quarterly revenue jumps 27 percent

Last Updated: Tuesday, April 28, 2015, 04:48

Apple Inc reported a 27 percent rise in quarterly revenue as iPhone sales surged and the company raised its share repurchase programme by $50 billion.

Apple shares fall after muted iPhone sales

Last Updated: Wednesday, January 29, 2014, 03:19

The world`s most valuable technology company had lost $43 billion of its market capitalization - more than the entire market value of Twitter Inc - at the stock`s intra-day low of $502.07.

Apple iPhones' smartphone ownership share rises to 42% in US

Last Updated: Friday, January 17, 2014, 16:43

Apple iPhones have reportedly reached an ownership of 42 percent of all smartphone owners in the US, pushing down Samsung, a new data for Q4 2013 has revealed.

Apple fights for bigger slice of China smartphone pie

Last Updated: Wednesday, January 15, 2014, 14:44

Majority state-owned China Mobile has more than 760 million customers but for years it has declined to provide the iPhone as the two companies argued over commercial terms.

Apple profit for year slips while iPhone sales soar

Last Updated: Tuesday, October 29, 2013, 09:44

Apple on Monday reported that it raked in billions of dollars as iPhone sales soared to new highs, but that costs of making its coveted devices was squeezing profit.

Apple's iPhone sales, holiday quarter up for scrutiny

Last Updated: Monday, October 28, 2013, 09:00

Apple Inc's iPhone sales and revenue forecasts, due to be released on Monday, may offer clues as to whether its low-cost 5C model missed the mark or whether the world's largest tech company can continue its run of smash-hit gadgets.

Apple CEO promises ‘new products’ amidst rise in iPhone sales

Last Updated: Wednesday, July 24, 2013, 14:17

CEO Tim Cook said that ‘amazing new products’ will be introduced in the fall and across 2014.

EU probing Apple iPhone sales tactics

Last Updated: Monday, May 27, 2013, 12:03

In a report by Fox News, questionnaires were sent to several EU mobile networks scrutinizing Apple''s distribution terms, which might aid the company, squeeze competitors from the market.