Apple promises more diversification in executive positions

Posted by:
Date: Tuesday, January 7th, 2014, 09:44
Category: Apple, Business

apple_logoRecently, Apple has been on the receiving end of criticism and pressure from its shareholders that there isn’t enough diversification among its current board members. Currently, Apple has only one woman among board of eight executives, and one incoming female member of their executive team that will report to CEO Tim Cook. In response, Apple recently added language to a board committee charter vowing to diversify its board. According to Bloomberg.com, shareholders met with Apple representatives several times in the past few months and said they would bring the issue to a vote at a Feb. 28 shareholder meeting. They said they backed off after Apple added language to the charter that promises to consider women and minorities as board candidates, without making any specific commitments. Apple isn’t the only one either, Bloomberg also reports that only 17 percent of board seats on Fortune 500 companies and 15 percent of executive officer positions were held by women in 2013, as determined by Catalyst Inc., a non-profit researcher on the subject.

Apple to hold it’s fiscal Q1 2014 earnings call on January 27 at 5PM ET/2PM PT

Posted by:
Date: Tuesday, January 7th, 2014, 09:10
Category: Announcement, Apple, Business, Finance

apple_logoApple posted the date of its first quarter earnings release and conference call on its Investor web page, announcing the date to be January 27th. MacRumors notes that the release will…

“… provide a look into initial iPad Air and Retina iPad mini sales during their first quarter of availability as well as iPhone 5s and 5c sales throughout the holiday. Apple reported a record number of iPhone/iPad sales during fiscal 2013, at 150 million iPhones and 71 million iPads. In its fiscal fourth-quarter earnings call, Apple guided expected revenue of $55–58 billion and gross margin between 36.5 and 37.5 percent. If the company meets even the low end of that guidance, it will count as the strongest quarter for Apple in history.”

It is expected that CEO Tim Cook and CFO Peter Oppenheimer will be on hand for questions. Apple will live-stream the earnings call via its Investor website. A link to the upcoming broadcast should show up on the web page in the coming weeks.

Apple buys SnappyCam

Posted by:
Date: Tuesday, January 7th, 2014, 08:54
Category: App Store, Apple, Apps, Developer, Digital Camera, iOS, iPhone, photos, Software

3015176-inline-i-1-snappy-cam-faster-appleNo more than a week into 2014 and Apple is already scooping up another small technology company. This time it’s an iPhone app called SnappyCam and its developer, John Papandriopoulos. Don’t go looking for it in the AppStore though, it has unfortunately been removed, so if you ‘snapped’ it up (couldn’t resist) consider yourself lucky. As for everyone else, wait a while and you may see the benefits of the app showing up in an iOS update. So what was so amazing about SnappyCam?

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