Tim Cook: Mass layoffs a 'last resort' and off the table for the moment

Apple still didn't give specific financial guidance, but hinted at what to expect for Q3

For three years running, Apple didn't provide specifics on what they expect for the next quarter, but chief financial officer Luca Maestri gave some color on what the company expects.

By Wesley Hilliard |

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Apple inching closer to one billion paid subscriptions

Apple CEO Tim Cook gave encouraging results for its Services business, saying the company is nearing one billion paid subscriptions, nearly double from three years ago.

By Andrew Orr |

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Apple extends share buybacks by another $90 billion

One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.

By Malcolm Owen |

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Supply chain issue fixes, plus India expansion led to Apple's excellent quarter, says Tim Cook

Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.

By Andrew Orr |

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Tim Cook: Mass layoffs a 'last resort' and off the table for the moment

Tech companies have cut back on spending the easiest way that they know how with mass layoffs, but Apple has avoided layoffs so far, with CEO Tim Cook calling it a "last resort."

By Wesley Hilliard |

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iPhone sales propel Apple's earnings beyond Wall Street expectations

Apple earned $94.8 billion in revenue in its second quarter of 2023, with earnings buttressed by iPhone sales beating the expectations of analysts and investors.

By Malcolm Owen |

6

Google CEO 'Lord Farquaad' lambasted for giant pay raise after 12,000 layoffs

It's been a tough year for tech, but even as Google laid off 12,000 employees, CEO Sundar Pichai got a substantial pay raise, earning him the nickname "Lord Farquaad."

By Wesley Hilliard |

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Lowest price ever: 1TB MacBook Pro 14-inch drops to $1,599, plus $70 off AppleCare

Save $600 on the M1 Pro MacBook Pro 14-inch with a bump up to 1TB of storage. Plus, get $70 off three years of AppleCare with coupon.

By Christine McKee |

1 World Solutions Technology News & Info

1 World Solutions Technology News & Info

Tim Cook: Mass layoffs a 'last resort' and off the table for the moment

`Tim Cook: Mass layoffs a 'last resort' and off the table for the moment`

Apple still didn't give specific financial guidance, but hinted at what to expect for Q3

Apple inching closer to one billion paid subscriptions

Apple extends share buybacks by another $90 billion

Supply chain issue fixes, plus India expansion led to Apple's excellent quarter, says Tim Cook