Apple's Ireland subsidiary paid Apple US $24.8 billion for 2021

New filings from Apple's Irish head office show that the company's European operations earned $211.1 billion in revenue, of which it paid out $24.8 billion to its US parent.

William Gallagher 4 years ago 9

Apple, CNote partner to invest $25M in underserved communities

Apple is set to deploy $25 million into under served communities of color across the U.S. through investment platform CNote, which helps companies invest in social causes.

Mike Peterson 4 years ago 0

Jony Ive to guest edit special issue of Financial Times 'How to Spend It' magazine

Former Apple design chief Jony Ive is set to be the guest editor for an upcoming issue of the "How to Spend It" magazine, a luxury lifestyle publication put out by the Financial Times.

Mike Peterson 4 years ago 9

Elon Musk says Apple's 30% commission rate is 'definitely not ok'

Elon Musk has taken another shot at Apple, saying that the company's App Store commission on app and in-app purchases is "like having a 30% tax on the Internet."

Mike Peterson 4 years ago 63

App Store performance in April a promising sign of future growth, analyst says

Apple's App Store revenue saw a jump in the month of April, and investment bank Morgan Stanley says it's starting to see "green shoots" emerging for the important product segment.

Mike Peterson 4 years ago 0

EU complaint against Apple Pay fueled by PayPal

Complaints made by PayPal may have been a key reason the EU launched a statement of objections against Apple on Monday.

Amber Neely 4 years ago 16

Examining Apple's solid $97.28B Q2 2022 by the numbers

Apple has reported record-breaking results for the March quarter. Here's how the company's Q2 2022 stacks up versus the company's previous quarters and years.

Mike Peterson 4 years ago 2

What analysts thought about Apple's Q2 2022 results & June quarter warning

Apple on Thursday reported March quarter results that beat expectations, but noted the June quarter could be a tougher period. Here's what analysts thought about Apple's Q2 and how they see Apple faring in Q3.

Mike Peterson 4 years ago 6

Morgan Stanley lowers Apple price target to $195 on Covid disruptions

Katy Huberty of Morgan Stanley has lowered her Apple price target to $195 from $210 because of tough economic conditions in the June quarter, but says Apple still remains a top pick for 2022.

Mike Peterson 4 years ago 10

Apple forecasts $4B to $8B revenue hit in Q3 because of Covid disruptions

Apple is not providing revenue guidance for the June quarter, but says that it expects a $4 billion to $8 billion impact from Covid-19 disruptions and supply constraints.

Mike Peterson 4 years ago 0

Apple sees March quarter records for iPhone, Mac, Services & More

Apple has announced that its $77.5 billion revenue from products was a March quarter record, as was the number of Mac users upgrading to new devices.

William Gallagher 4 years ago 0

What to expect from Apple's Q2 2022 earnings report

Apple will announce its financial results for the second quarter of 2022 later this evening. Here's what to expect from the company's earnings report and conference call, which may turn out to be record-breaking.

Mike Peterson 4 years ago 2

Right to Repair advocates aren't sold on Apple's Self Service Repair program

Right to repair advocates and organizations say that the launch of Apple's new Self Service Repair program is a great step, but added that there are still "too many hoops to jump through."

Mike Peterson 4 years ago 14

Apple counters claims that privacy features were meant to boost its ad business

Apple has released a new report that analyzes the impact of App Tracking Transparency on the mobile advertising industry — and defends against accusations that it boosts its own ad business.

Mike Peterson 4 years ago 2

Apple hires labor-busting lawyers to fight employees' efforts to unionize

Apple has hired anti-union lawyers at Littler Mendelson as Apple retail employees across the country begin the process of unionizing.

Amber Neely 4 years ago 47

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