Apple announced last year the Angela Ahrendts, CEO of Burberry, will be joining the company this Spring as the senior vice president of retail and online stores. During Apple’s Q2 2014 earnings conference call, Cook confirmed that Ahrendts will begin at Apple next week.
Apple has posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion, or $11.62 per diluted share in the second fiscal quarter of 2014 (first calendar quarter of 2014), compared to revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share in the year-ago quarter.
GameStop, the familiar American video games retailer, is making a significant push to broaden its business as used games becomes an ever more fragile market. According to The Star-Telegram, the company plans to extend its retail locations further into the realm of Apple devices and AT&T Mobility products, notably through more “Simply Mac” retail stores.
Along with its iOS and OS X updates, Apple today also released a patch for its 2013 AirPort Extreme and Time Capsule models, reports Macworld. The firmware update fixes the Heartbleed OpesSSL flaw that was discovered earlier this month and affects both websites and internet hardware like Apple’s most recent AirPort Base Station models.
Apple today opened its OS X Beta Seed program to the public. Starting now, anyone with an Apple ID can apply to join the program as long as they meet the minimum hardware requirements. Recently, this program was only available to developers who had a valid OS X developer account.
According to Judith Chevalier, who is a professorÂ of economics and finance at the Yale University School of Management, Samsung only owes Apple close to $38.4 million in royaltyÂ for infringement of iPhone and iOS related patents. This is in contrast to Apple’s figure which claimed that Samsung has to pay $2 billion in royalty.
Apple takes a dig at Samsung in new environmental print ad; tells them ‘There are some ideas we want every company to copy’
Apple today confirmed that it will start offering a free recycling program for all its products, reports the Associated Press. This new initiative is part of a larger push by Apple to make its company’s operations as environmentally friendly as possible.