Apple

Apple Services Brings in $19.5B Amid Total Earnings Blowout

Apple Services Brings in $19.5B Amid Total Earnings Blowout

BY J. CLARA CHAN | HollywoodReporter.ComTroy Warren for CNT #BusinessThe tech giant reported a total of $123.9 billion in revenue, while Wall Street analysts expected the Tim Cook–led company to make $118.3 billion.Apple services reported $19.5 billion in revenue as the tech giant reported a total earnings win, raking in $123.9 billion in sales during the first fiscal quarter of 2022.Wall Street analysts had expected the tech giant to make $118.3 billion in revenue, according to Yahoo Finance, but Apple ended 2021 with an even higher performance, in part thanks to the holiday season. iPhone purchases accounted for a large…
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Apple unveils new subscription service aimed at small businesses

Apple unveils new subscription service aimed at small businesses

Erin Carson | CNET.Com Troy Warren for CNT #Business #Digital Apple has a new subscription service for businesses covering device management, iCloud storage and more. Apple is working on a new service, built for small businesses with up to 500 employees.  Apple Business Essentials will include iCloud storage, Apple support and device management among other offerings, the company said in a blog post, Wednesday. "Apple Business Essentials is designed to help streamline every step of employee device management within a small business — from setup, onboarding, and upgrading, to accessing fast service and prioritized support, all while keeping data backed up…
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Hyatt Completes Purchase of Apple Leisure Group

Hyatt Completes Purchase of Apple Leisure Group

DONALD WOOD | TravelPulse.Com Troy Warren for CNT #Travel   The Hyatt Hotels Corporation announced it has completed the acquisition of Apple Leisure Group (ALG) from affiliates of each of KKR and KSL Capital Partners, LLC. Hyatt is doubling its global resorts footprint through the addition of ALG’s AMR Collection brand portfolio, which comprises approximately 100 hotels and resorts operating in 10 countries, as well as a pipeline of 24 executed deals in the Americas and Europe. The hotel giant now offers one of the largest collections of luxury all-inclusive resorts in the world, including new destinations such as Acapulco, Curaçao, the Canary Islands,…
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Here’s why your iPhone may never be made in the USA

Here’s why your iPhone may never be made in the USA

Ian Sherr | CNET.Com Troy Warren for CNT #Technology "Made in America" is rare, even though polls show Americans want it. The 15-minute video begins with upbeat music against a title slide that reads "We Are Manufacturing." It cuts to a shot of a clear blue sky, with three flags ruffling in the breeze. There's the Stars and Stripes, California's Bear Flag and a colorful Apple logo. The camera pans toward a high-tech looking building and a narrator tells us we're in Fremont, California, about an hour's drive from the heart of Silicon Valley. "People and machines work together to build the…
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Creators Weigh Options as Apple, Spotify Roll Out Subscription Podcast Offerings

Creators Weigh Options as Apple, Spotify Roll Out Subscription Podcast Offerings

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT To diversify revenue for podcast producers — which have been leaning on a booming ad market — the tech giants are offering new tools to build a monthly subscriber base. Amid a gold rush for advertising in podcasts — total ad revenue is expected to exceed $1.3 billion this year and, by 2023, that figure jumps to $2 billion — Spotify and Apple are both rolling out new creator tools in an emerging area: subscriptions. In April, Spotify staked a claim by unveiling its service through Anchor, the podcast platform it acquired in 2019, allowing creators to set a monthly…
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