Four out of the five highest-paid executives in the United States work for Apple, Bloomberg Businessweek reports, but not one of them is CEO Tim Cook.
According to fiscal 2012 compensation figures for top earners filed with the U.S. Securities and Exchange Commission (SEC), Apple’s Bob Mansfield, Bruce Sewell, Jeffrey Williams, and Peter Oppenheimer join Oracle CEO Larry Ellison to make up the top five corporate earners last year.
Apple just posted one of their most successful financial quarters ever. A bunch of records were broken for iPad sales, iPhone sales, net revenue, and net profit.
Sorting through the pile of information and numbers Tim Cook and Peter Oppenheimer just gave us can make your head spin, so we’ve broken it down for you. Here are the most important numbers you need to know from today’s earnings call:
Xerox has today announced that Luca Maestri, executive vice president and chief financial officer, is leaving the company on February 28 to become the new corporate controller at Apple. Xerox has credited Maestri for his contributions, which have strengthened the “financial foundation” of the company, it said in a press release today.
Until Apple can get the cable companies to play ball, its TV set will remain a rumor.
While we’re almost certain Apple is working on its own television set, when it will launch is a complete mystery. Initially it seemed the set could make its debut before the end of 2012, and then reports pushed the release date back until 2013. Now according to a new analyst report, it’s unlikely won’t be adding an Apple HDTV to your credit card bill any time soon.
Why? Apple’s senior vice president of internet software and services Eddy Cue has reportedly indicated to analysts that there’s still a lot of work to be done with content providers.
Beyond just offering up the latest quarterly financial numbers, Apple CEO Tim Cook gave us glimpses of where Apple is heading.
Beyond the numbers, there were some tantalizing tidbits about Apple and the company’s future plans during today’s quarterly financial call. While nothing quite lived up to Tim Cook comparing Windows 8 to someone trying to converge a toaster and a refrigerator into a single device during the last call, there were several choice comments.
Apple has announced to investors that it will hold its official company earnings call for the Q3 fiscal quarter of 2012 on Tuesday, July 24th. The call with Apple CEO Tim Cook and CFO Peter Oppenheimer will take place at 2 p.m. PST, or, 5 p.m. EST. Per usual, the audio call will be streamed live via QuickTime on Apple’s Investor Relations web portal.
Cult of Mac will be providing breaking coverage during the earnings call. Apple reported $39.2 billion in revenue for Q2 2012, and the company is expected to report around $34 billion in revenue this time around. iPhone and iPad sales will likely account for a large portion of the call, and there’s a good chance we could see some early sales numbers for the new Macs Apple launched last month.
The iPad has proven to be a popular education tool among students.
San Diego’s Unified Schools District has spent $15 million on almost 26,000 iPads that will be distributed across 340 classrooms this fall in what is reportedly one of the largest educational iPad purchases to date. The devices will be used by fifth- and eighth-grade students, in addition to some in high schools.
It’s confirmed. Apple has just announced that OS X is officially launching tomorrow! It was confirmed by no less a person than Apple’s Peter Oppenheimer! He didn’t mention a time, but 8:30AM ET is the most widely rumored launch hour right now.
Get ready for Lion, guys! It’s coming! If you haven’t already prepared for Lion, why not check out our how-to on preparing your Mac for Lion, the right way?