Last year, Apple purchased GT Advanced Technologies for $578 million, after strenuous negotiations concerning the ultra-hard sapphire material producer. On Monday, GT filed for bankruptcy in a federal court, a move that comes only a few weeks after the tech giant revealed that it was no longer using sapphire as a cover for its newer iPhone models displays. Today’s bankruptcy filing is, however, … [Read more...]
Record Breaking Sales as New iPhone 6 Devices Top 10 Million in First Weekend
As would any investor in a company as large as Apple, shareholders are as obsessed with early device sales as movie producers are with opening tickets revenue from blockbusters. Happily, there is much to rejoice about for Apple’s investors. A big weekend where iPhone 6 sales are concerned has just passed and the numbers are in. As predicted, neither the iPhone 6 nor the iPhone 6 Plus are a … [Read more...]