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Showing posts with the label revenue

Apple Services Rakes In $9.55b Last Quarter, Up 31 percent From 2017 Third Quarter

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Apple services category which like iTunes, App Store, Apple Music and iCloud among other services has continued to grow at a healthy rate. This category is now growing to becoming an important contributor to the overall Apple revenue outlook. Apple services raked in $9.55b up 31 percent from the same third quarter in 2017 when it came in at $7.27b. As per Apple CEO Tim Cook, Apple feel good about the future of its services division, and the organisation saw activities pick up in double digits especially in the area of installations. Apple Music grew in excess of 50 percent year-over-year with 50 million subscribers from May (against Spotify"s 85m subscribers) and AppleCare expanded at its most astounding rate in 18 quarters. Apple"s cloud administrations income was up 50 percent year over year, and correspondences services, including FaceTime and Messages, are hitting record-breaking use highs. Siri usage for have surpassed 100 billion, and articles read on Apple News have mu...

Trump Lashes Out At Amazon On Twitter For Paying Little Tax

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President Trump launched a new attack on Amazon on Thursday accusing the e-commerce giant of paying low taxes and keeping more retailers in the cities out of jobs. The Washington Post, owned by Jeff Bezos who also owns Amazon had recently run an editorial with the headline, "Trump gives comfort to racists" before the blistering tweet. It read: "I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes and local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.) and are putting many thousands of retailers out of business!" Trump claims that it"s Amazon"s fault that many retailers on the streets are struggling to make sales as many buyers turn to shop online, especially on Amazon, which is branded the largest e-commerce site. Times are changing, and the convenience that comes with shopping online cannot be over-emphasised. Online shopping accords users the benefit to...