Search results for Kevan Parekh
Telecommunications & Media
New Apple under CEO John Ternus: how products and organisation may change
Apple is moving ahead with a broad overhaul centred on expanding product releases and slimming its organisation, a report said. CEO John Ternus (존 터너스) is pushing to launch more products more quickly and reduce reliance on traditional spring and autumn cycles. The company is also seeking to cut layers between engineers and senior executives, with job cuts and restructuring under way. Apple is also discussing ways to boost services revenue.
Telecommunications & Media
MacBook Air shortage worsens, deliveries delayed up to five weeks
Apple\'s MacBook Air supply shortage is deepening, pushing delivery waits for some configurations to more than a month. TechRadar reported most models on Apple\'s online store show estimated delivery of 2 to 3 weeks, while versions with 32GB of RAM can take 4 to 5 weeks. The report cited RAM shortages across the PC hardware industry and said delays persist despite a $200 price increase for the MacBook Air M5 in early June.
AI & Enterprise
Apple shares fall despite 16 percent revenue jump as AI spending fears persist
Apple reported fiscal third-quarter revenue of $109.4 billion, net profit of $29.8 billion and earnings per share of $2.02. Revenue rose 16 percent from a year earlier. The company also disclosed record quarterly research and development spending of $11.73 billion, up 32 percent year on year, bringing fiscal 2026 cumulative R&D spending to $34.04 billion. Apple shares fell about 4 percent in after-hours trading after the results.
