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Apple buys leading image-editing app company Pixelmator Acquisitions News 

Apple buys leading image-editing app company Pixelmator

Apple Inc. has purchased leading image-editing app maker Pixelmator Team for an undisclosed amount, according to a company post. The company’s products include Pixelmator Pro, a professional image-editing tool, Pixelmator for iOS, and Photomator, a photo editor for Mac, iPhone, iPad, and Vision Pro. According to the blog post: Pixelmator has signed an agreement to be acquired by Apple, subject to... Read More
Apple reports third-quarter revenue up 11 percent Earnings reports 

Apple reports third-quarter revenue up 11 percent

Apple Inc. posted quarterly revenue of $59.7 billion in the third quarter, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. International sales accounted for 60 percent of the quarter’s revenue. “Apple’s record June quarter was driven by double-digit growth in both Products and Services and growth in each... Read More
Apple takes top Q4 spot but Samsung rules 2019 in worldwide smartphone market: IDC Market research News 

Apple takes top Q4 spot but Samsung rules 2019 in worldwide smartphone market: IDC

Worldwide smartphone shipments decreased 1.1% year over year in the fourth quarter of 2019 (4Q19), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. While the past several years have delivered flat growth, 2019 volumes dropped to levels below annual shipment levels between 2015 and 2018. In total, companies shipped 368.8 million smartphones during 4Q19,... Read More