Apple blames European sales and iPhone 5 rumours for missing earnings target
Q3 revenue was $35bn, $1bn less than forecast
Apple has blamed its European sales and iPhone 5 rumours for missing its forecasted Q3 profits by $1bn (£650m). The company posted quarterly revenue of $35bn (£22.5bn) and quarterly net profit of $8.8bn...
More on Finance and Reporting
Amazon cannot use its AWS logo in China, court rules
Amazon ordered to pay $12m to Chinese cloud firm over trademark infringement
Google employees express anger over 'sacking' of Timnit Gebru
AI ethics researcher Timnit Gebru says she was fired, but Google insists she left voluntarily
Majority of British employees believe their companies would prioritise business continuity over Covid safety
But 87 per cent of employees said their organisations have created new and better ways of working during the pandemic period, according to a ServiceNow study
US court tells Apple to pay $503 million over patent violation
Apple told the court that it owed the claimant no more than $113 million
UK criminal court sets trial date for Mike Lynch's US extradition
Lynch and HPE have also been waiting for a judgement in the civil fraud case following a 10-month-long trial
Back to Top