Author: dsellers

Apple to announce its first fiscal quarter of 2018 results on Feb. 1

Apple will announce the results of its first fiscal quarter of 2018 after markets close on Thursday, Feb. 1. A conference call for investors and the press will bet held at 2 p.m. Pacific.

Here’s the guidance the company has provided for the quarter: revenue between $84 billion and $87 billion; gross margin between 38% and 38.5%; operating expenses between $7.65 billion and $7.75 billion; other income/(expense) of $600 million; and a tax rate of 25.5%. The quarter is expected to be the company’s biggest and most profitable quarter ever.

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Smart fitness device market projected to reach $9.4 billion by 2025

The global smart fitness devices market is expected to reach $9.4 billion by 2025, according to a new report from Research and Markets (www.researchandmarkets.com).

The research group notes that the smart fitness devices market has witnessed a rising demand among the growing urban population in a bid to enhance their fitness goals. Advantages such as accessing fitness activities data in remote and real-time operations have resulted in an increased penetration of the market.

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Apple buys Buddybuild

TechCrunch is reporting (https://tinyurl.com/y94vztsg) that Apple has scooped up Buddybuild, a company that “ties together continuous integration, continuous delivery and an iterative feedback solution into a single, seamless platform.”

The company’s tech will fold into Apple’s Xcode suite of development tools for the companies various operating systems. The Buddybuild team will keep working from their Vancouver base. 

Buddybuild will continue to support existing customers of its standalone product. New customer signups ended today.  

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