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Holiday sales push Apple revenue to record US $88.3 bn

Buoyed by iPhone sales in the holiday season, Apple posted a record revenue of US $88.3 billion -- a 13 per cent increase from a year-ago -- for the first quarter of fiscal 2018 that ended on December 30. According...

Government awaiting Apple proposal for making in India: Prabhu

India is awaiting an appropriate proposal from US tech giant Apple to set up a manufacturing unit in the country, Union Commerce Minister Suresh Prabhu said on Monday. Briefing reporters here after a meeting of the Council for Trade Development...

Apple appoints Michel Coulomb to lead India sales operations

In a sudden development, Apple has appointed veteran company executive Michel Coulomb as new Head of Sales for India -- a country where the Cupertino-based iPhone maker is trying hard to ramp up its numbers. Coulomb will replace current Country...

Apple reports US $8.7 bn profit in Q3

Apple has announced its financial results for the third quarter of the fiscal year 2017, with profit rising to US $8.7 billion, nearly 12 per cent higher than in the same period of 2016. The strong results announced on Tuesday...

Apple appoints Deirdre O'Brien new VP of People

Apple has appointed Deirdre O'Brien as Vice President of People, who will report to CEO Tim Cook. A nearly 30-year Apple veteran, O'Brien, currently Vice President of Worldwide Sales and Operations, will lead all HR functions including talent development, recruiting,...

Apple appoints new Managing Director for Greater China

In yet another move to grow big in the Chinese market, Apple has appointed Isabel Ge Mahe, currently Vice President of wireless technologies at the company, as new Vice President and Managing Director of Greater China. Reporting to CEO Tim...

Apple's market cap crosses US $800 bn for first time

In yet another milestone, Apple's market capitalisation briefly soared past US $800 billion threshold, making it the first company ever with such a mammoth valuation. Apple's shares closed up 2.7 per cent for the day at US $153.01 late on...

Apple introduces iPhone 7 in red colour

Recognising more than 10 years of partnership with the Product (RED) charity that fights against HIV/AIDS, Apple on Tuesday announced iPhone 7 and iPhone 7 Plus in a vibrant red aluminium finish. Apple is the world's largest corporate donor to...

Apple iPhone turns 10, revolution continues

At Macworld 2007 in San Francisco, Steve Jobs introduced the world to iPhone as three products in one -- a widescreen iPod with touch controls, a revolutionary mobile phone and a breakthrough Internet communications device. January 9 marks the tenth...

Apple holds talks with Indian Government on opening stores

Apple Inc officials met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally. According to sources, the meeting chaired by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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