Apple racks up largest quarterly profit in history

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Apple's back on top again.
Apple's back on top again.
Photo: Apple

Apple’s earnings for Q1 2016 have broken the world record for the most profit made by a company in one quarter.

With total revenue hitting $75.9 billion, Apple managed to rake in a record $18.48 billion in profit. The company managed to increase iPhone sales to 74.8 million despite predictions from Wall Street that the company would see decline. However, Apple did warn investors in its guidance that next quarter may be the the first time growth drops.

Despite missing on some numbers, Tim Cook praise Apple’s team calling Q1 2016 “Apple’s biggest quarter ever.”

Apple puts the brakes on struggling electric car project

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Apple car concept art shows what Cupertino might put on the road.
Apple car concept art shows what Cupertino might put on the road.
Photo: Aristomenis Tsirbas/Freelancer

Jony Ive is apparently not pleased with progress on the secret Apple car project.

Apple has more than 1,000 employees working on its electric car, dubbed Project Titan, but the company reportedly has put a hiring freeze in place after a post-holiday progress review revealed the Apple car isn’t on the right track.

AT&T CEO thinks Apple should give up on protecting encryption

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Should Apple cave when it comes to encryption?
Should Apple cave when it comes to encryption?
Photo: Jim Merithew/Cult of Mac

Apple is a fierce defender of its customers’ privacy, which is why every iPhone and iPad has its data encrypted by default. But according to AT&T CEO Randall Stephenson, Apple and CEO Tim Cook should show their bellies and let Congress decide whether encrypted data should be accessible through backdoors by government agencies.

Tim Cook meets with Pope Francis during whirlwind tour of Europe

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No, my Friday schedule doesn't look so exciting either.
Photo: Carol Glatz

Tim Cook met with Pope Francis today. The 15-minute appointment reportedly took place from 11:30 a.m. to 11:45 a.m. local time, as can be seen from viewing the pope’s daily schedule, which describes a meeting between the Holy Father and “Signor Timothy Donald Cook, Amministratore Delegato di Apple.”

Jeb Bush has a radical strategy to change Tim Cook’s mind on encryption

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"Tim? Are you still there?"
Photo: Des Moines Register

Cybersecurity and civilian data become a hot topic at the end of last night’s GOP debate with Apple getting caught in the crossfire. Candidates criticized the company for its decision to keep customer data private, but Apple fanboy Jeb Bush revealed he has a radical strategy that will get Tim Cook to change his stance on encryption: ask really nicely.