Tag Archives: apple

Apple’s cash reserves are bigger than the US Government’s

Well, it finally happened. Steve Jobs’ consumer electronic empire Apple now has more money to play with than the US treasury – the world’s biggest economy and lynchpin of the Western financial system. According to US Treasury figures released this week, the United States has an operating cash balance of …

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App Store expands into 33 new territories

Apple has announced the expansion of its App Store program into 33 new countries. The move brings the total number of iTunes App Stores to 123, and is part of a general expansion of the service that includes the launch of the Mac App Store for laptops and the upcoming …

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Apple powers on to strong Q3

Apple has announced its latest quarterly financial results, outperforming analyst forecasts thanks to strong sales of iPhone and iPad. The company’s fiscal Q3 revenues were $28.6 billion, up from $15.7 billion in the same quarter a year ago. Apple’s net profit for its latest quarter was $7.3 billion, up from …

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EA: The App Store model is in freefall

Speaking to MCV about the growing cloud gaming segment, one of EA’s leading executives has delivered a damning verdict of the once great App Store model popularised by Apple. Our current experience is that the App Store model is essentially in freefall,” chief creative director Richard Hilleman said in a …

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Apple Expo confirmed for UK

A new trade and consumer event for the Apple community will run in the UK in May 2012. Apple Expo will look to attract Apple creative professionals, Mac enthusiasts and the multi-million userbase of iOS devices such as iPhones, iPads and iPods. The show will take place in Earl’s Court. …

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