Apple Inc.
A day after the Wall Street crashed 333 points as a result of less than impressive interest rate cut by the Federal Reserve, the stocks made an incredible rally – skyrocketed to as much as 311 points – until Trump spoils the party. The president dropped a bombshell when he declared an additional 10% tariff […]
... written on Aug 02 2019Huawei’s revenue grew 19.5% in 2018 – hitting US$100 billion – despite pressure from President Donald Trump on allies to boycott or ban Huawei from participating in the fifth-generation mobile networks, otherwise known as 5G, the latest mobile internet technology engineered to greatly increase the speed and responsiveness of wireless networks. It was quite an achievement […]
... written on Jul 30 2019Against the threat of retaliation – even trade war – from the United States, the French have decided to slap a new tax on American companies. On Thursday (July 11), France’s Senate approved “3% digital tax” on the revenues of multinational firms and tech giants like Facebook, Google and Amazon. Trump administration warned that such […]
... written on Jul 12 2019Sir Jonathan Ive, the legendary Apple Chief Design Officer (CDO), announced on Thursday (June 27) that he’s leaving the company that he had worked for more than 20 years. The Apple designer, knighted at Buckingham Palace in 2012, was actually born in Chingford, north-east London. Thanks to him, the world saw the emergence of iPhone, […]
... written on Jun 28 2019Apple may be one of the richest companies on the planet, and US$900,000 is just a drop in the ocean for the iPhone maker, considering it has an eye-popping US$44 billion cash on hand. However, when such a giant is scammed, it’s no longer about money but rather the tarnished reputation. How on earth could […]
... written on Apr 07 2019Very little was known about Saudi Aramco, the world’s biggest oil producer. Now, as the organization that produces about 10% of the world’s crude raises cash from the international financial market through bond sales, its financial secrets have slowly emerged. As part of a global roadshow, Aramco is now forced to reveal secrets closely guarded since […]
... written on Apr 02 2019Despite worldwide political pressure, especially from the superpower United States, Huawei’s revenue grew 19.5% in 2018 – hitting US$100 billion. For the financial year 2018, Huawei, which overtook Ericsson in 2012 as the largest telecommunications-equipment manufacturer in the world, hit 721.2 billion Yuan (US$107.45 billion; £82.38 billion; RM438.67 billion) in sales. The Chinese company which overtook Apple in […]
... written on Mar 30 2019Last year, for the first time in 7 years, Huawei successfully broke the Samsung-Apple’s domination, No. 1 and 2 respectively, in the smartphone market. Huawei shipments skyrocketed and overtook Apple to become the world’s second-largest smartphone maker. Apparently, the strategy of positioning Honor to capture mid-tier segment and premium P20 Pro appeared to be working. […]
... written on Jan 31 2019Apple – America’s first trillion-dollar company – is now worth only US$720 billion. The technology giant recently revised its first quarter sales forecast downward, blaming the global economic slowdown, Trump’s trade war and a slowdown in the Chinese market. CEO Tim Cook should blame the company itself instead for greedily raising the iPhone prices. […]
... written on Jan 13 2019As feared, tech giant Apple plunged and brought along with it the rest of the stock markets not only in the U.S., but also the world. The earning warning from the iPhone maker was sufficient to erase 660 points off the Dow Jones Industrial Average (DJIA). S&P 500 lost 62 points and NASDAQ tumbled 202 […]
... written on Jan 04 2019
