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12. September 2018

New AirPods Likely Delayed if Apple Doesn’t Launch AirPower Charging Mat Today

Today’s leaks from Apple’s XML sitemap have revealed a flurry of product announcements we can expect at the company’s upcoming Gather Round event, including details of new iPhones and Apple Watch models.

On the flip side, the XML file also suggests which rumored products we shouldn’t expect to be revealed later today. Most conspicuous is the absence of new iPad Pro and Mac models, which history suggests will now appear at a separate October event.

There’s also the matter of Apple’s long-awaited AirPower wireless charging mat, which likewise doesn’t feature in Apple’s sitemap, and that could be bad news for customers [...]

 
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24. August 2018

Seven Years Ago Today: Steve Jobs Resigns as CEO of Apple, Tim Cook Named His Successor

Today marks the seventh anniversary of the late Steve Jobs resigning as CEO of Apple. In a letter addressed to Apple’s Board of Directors, dated August 24, 2011, Jobs strongly recommended then-COO Tim Cook be named his successor.

Letter from Steve Jobs:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as [...]

 
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10. August 2018

Apple Became World’s Most Valuable Company Seven Years Ago Today, Two Weeks Before Steve Jobs Resigned as CEO

Today marks the seventh anniversary of Apple passing U.S. oil giant ExxonMobil to become the world’s most valuable company for the first time, with a market capitalization of around $341.5 billion at the time.

Apple achieved the milestone on August 9, 2011, just over two weeks before the late Steve Jobs resigned as CEO on August 24, 2011, the same day that he nominated then-COO Tim Cook to succeed him in the position. Jobs passed away on October 5, 2011, following a lengthy battle with cancer.

Apple dropped back below ExxonMobil a few times, and was briefly surpassed by Google parent company Alphabet in market cap at times in 2016, but the iPhone maker [...]

 
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31. Juli 2018

Apple Expected to Report Its Best Third Quarter Ever Today

Apple is set to report its earnings results for the third quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today.

The quarter began April 1, 2018 and ran through June 30, 2018, according to Apple’s fiscal year accounting calendar.

Apple provided the following guidance for the quarter back on May 1:

revenue of $51.5 billion to $53.5 billion gross margin between 38 and 38.5 percent op. ex. of $7.7 billion to $7.8 billion other income/expense of $400 million tax rate of approximately 14.5 percent

Apple’s guidance suggests it will report its best third quarter results ever, by revenue, comfortably topping its 2015 [...]

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