Apple Pty Ltd, which includes its Apple Sales New Zealand subsidiary, has reported AU$9.1 billion in revenue for the year to September 29, 2018, which is a 13 percent jump on the AU$8 billion recorded for the same period last year. The growth has almost entirely come from product sales, which grew by AU$1 billion to AU$8.1 billion, while services revenue grew by only AU$20 million to AU$995 million. Apple saw its post-tax profit triple from AU$72.4 million to AU$233 million for the year, with the AU$164 million in income tax paid being AU$18 million less compared to last year. However, the line item for income tax for the current year grew from AU$80 million to AU$127 million. Last year, Apple paid AU$90 million for under provisioning its income tax for prior years, while this year it had to cough up a much lower AU$30 million. The company, whose holding companies are Apple Ireland and Apple Inc in Cupertino, said it will restate its financials when it adopts the AASB 15 accounting … [Read more...] about Apple ANZ sees revenue surpass AU$9b in 2018
FILE PHOTO - Attendees wait for the start of an Apple Inc product launch event at the Steve Jobs Theater in Cupertino, California, U.S., September 12, 2018. REUTERS/Stephen Lam (Reuters) - Apple Inc said on Monday that it will issue a software patch later this week for a bug that lets iPhone users hear audio from users that have not yet accepted a video call. Reporting by Stephen Nellis; Editing by Sandra Maler … [Read more...] about Apple to patch privacy bug in video calling feature
January 24, 2019, Lora Kolodny, Christina Farr, and Paul A. Eisenstein, writing for CNBC: Apple dismissed just over 200 employees this week from Project Titan, its stealthy autonomous vehicle group, people familiar with the matter told CNBC. An Apple spokesperson acknowledged the layoffs and said the company still sees opportunity in the space: "We have an incredibly talented team working on autonomous systems and associated technologies at Apple. As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple," the spokesperson said. "We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the most ambitious machine learning project ever." That we keep getting reports on the inner workings of a special projects group within Apple is surprising. … [Read more...] about Project Titan: The evolution of the Apple Car
A chef walks past an Apple store in Beijing, China January 7, 2019. REUTERS/Thomas Peter (Reuters) - Apple Inc said on Monday it spent $60 billion with 9,000 U.S. component suppliers and companies in 2018, an increase of more than 10 percent from the year earlier. Apple said since 2011 the total number of jobs created and supported by the company in the United States had more than tripled from almost 600,000 to 2 million across all 50 states. Reporting by Arjun Panchadar in Bengaluru; Editing by Arun Koyyur … [Read more...] about Apple says spent $60 billion with U.S. suppliers in 2018
Jan 28, 5:00 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Jerome Santos 01/28/19 AT 4:30 AM Speculations have been circulating about Apple’s next iteration of their AirPods wireless headphones. However, the current AirPods is currently one of Apple’s best devices out there. Here’s what we know about the next Apple wireless headphones.As of now, the AirPods is the current wireless headphones from Apple, Aside from its ability to work with a fair amount of distance away from its device, the AirPods has been confirmed to have other features which include doubling up as a hearing aid, quick Siri access, 24 hour battery life and great sound quality. So far, these AirPods make the Apple smartphone experience a lot more smarter with this device around.However, the speculations say that the upcoming “AirPods 2” will be better as it’ll have improved features and have new tools to keep up … [Read more...] about Apple AirPods 2 vs AirPods: Is It Worth The Upgrade?