Apple posts $11 billion profit on $52.9 billion in revenue for Q2 2017 results, cites strong iPhone

Posted by:
Date: Wednesday, May 3rd, 2017, 05:45
Category: iPad, iPhone, News

Apple on Tuesday announced the financial results for Q2 of 2017, the company posting revenue of $52.9 billion and net quarterly profit of $11.0 billion, or $2.10 per diluted share, compared to revenue of $50.6 billion and net quarterly profit of $10.5 billion, or $1.90 per diluted share, in the year-ago quarter.

The company cited sales of 50.8 million iPhones from the quarter, down slightly from 51.1 million iPhones a year ago. Mac sales rose slightly to 4.2 million units from 4.03 million units in the year-ago quarter. iPad unit sales declined to 8.92 million from 10.25 million a year ago.

(more…)

Microsoft releases Surface notebooks starting at $999, seeks to compete against Apple, Google in education marketplace

Posted by:
Date: Wednesday, May 3rd, 2017, 05:30
Category: Apple, Google, Hardware, MacBook, MacBook Air, Microsoft, News, Samsung, Software

Apple might have some competition form Microsoft in the sub-$999 notebook market.

Microsoft’s new Surface notebook now arrives in gold, platinum, blue and burgundy colors, has switched from a metal area around the keyboard for a softer microfiber lining, features a 13.5-inch touch screen, runs the latest Intel processors and gets 14.5 hours of battery life, according to Microsoft.

The notebook also runs the new Windows 10S operating system, which Microsoft stated would be faster and offer better security than previous versions of Windows 10.

(more…)