Tag Archives: aapl

Apple iPhone 6S launch sees shorter lines, less enthusiasm

Lines outside Apple (AAPL) stores were considerably shorter for this year’s iPhone launch compared with those from the last few years. The line at the Apple store in Reston, Va., had roughly 75 people less than 30 minutes before opening Friday. That’s about a quarter the size of the line a year ago for the iPhone 6 launch. Dakota Wolf, visiting from Phoenix, was near the front of the line for the iPhone 6S retail launch Friday. He summed up the

Apple Gives Jabil Circuit An Earnings Boost

Apple (AAPL) manufacturing services supplier Jabil Circuits (JBL) reported better-than-expected fiscal fourth-quarter 2015 results early Friday and gave guidance above Wall Street consensus, boosting its stock. Jabil reported revenue of $4.68 billion, up 15% from the year-earlier quarter, beating Wall Street estimates of $4.55 billion. It posted earnings per share minus items of 53 cents, up from 5 cents and topping the consensus of 45 cents.

Netflix Adds iOS Billing, ‘Apple Tax’ Waived?

With the revamped Apple (AAPL) TV set-top expected to ship next month, video streamer Netflix has enabled in-app subscriptions for iOS users for the first time but has not hiked prices to offset the “Apple tax,” says Stifel. “Netflix (NFLX) has been a longtime holdout from iOS billing, given Apple’s 30% commission (dubbed the ‘Apple Tax’) on any digital purchases made directly from apps listed in the iOS App Store,” said Scott, Devitt, an analyst