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Apple posts $61.1 billion in revenue, profit of $13.8 billion for Q2 2018 results

Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]

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Rumor: Apple currently working on hybrid AR/VR headset for release in 2020

The current rumor has it that Apple is working on a headset that can run both AR (augmented reality) and VR (virtual reality). The described plans call for an 8K display for each eye that would be untethered from a computer or smartphone, the anonymous source said. The project, codenamed “T288”, is thought to be […]

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Apple CEO Tim Cook refutes rumor of eventual combination of macOS and iOS operating systems

This is straight from the horse’s mouth, so odds are Apple will follow it. Following rumors that Apple is working on cross-platform software initiatives to bridge its two most popular systems, CEO Tim Cook has denied speculation that the company will eventually weld the two platforms together. “We don’t believe in sort of watering down […]

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Hardware Intel Processors Rumor

Intel’s shares fall as much as nine percent on rumors that Apple may switch to its own in-house processors for next-gen Macs

Apple may switch from Intel-based chips to its own chips that are being developed in-house, thereby causing Intel’s stock to take a beating. Intel shares dropped sharply on Monday after a report that Apple would switch from Intel’s chips to its own chips for use on Mac computers. As a result, Intel’s shares fell as […]

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Finance iPad iPhone News retail

Proposed Trump aluminum tariffs could increase prices of beer, Macs

Further proving that the markets are connected, the price of beer, cars, and Macs could increase should a steel and aluminum tariff proposed by the Trump Administration pass. While the White House has yet to say if the tariffs will be on the amount of metal in a product or the overall value of the […]