By Christina Farr and Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street's targets. The company on Monday projected stronger-than-expected revenue of $63.5 billion to $66.5 billion in the December quarter, when new iPads and iPhones vie with rival devices from Microsoft Corp and Amazon.com Inc for consumers' holiday outlays. Shares of Apple rose 1.3 percent to about $101.10 in after-hours trade. But sales of the iPad, which helped launch the mainstream tablet market in 2010, slid for the third straight quarter. A gradual decline in tablet demand worldwide has worried investors already concerned with Apple's slowing growth, who are awaiting a new device that can energize its expansion. Sales of Apple's tablet slid more than 7 percent from the previous quarter to 12.3 million units, and were down 13 percent from the year-ago period. Some investors hope that Apple's recently forged alliance with International Business Machines Corp , intended to drive tablet and phone sales to corporate customers, may help reverse a decline in sales of the tablet device. Chief Financial Officer Luca Maestri said in an interview that the pair of tech giants had already signed on 50 "foundational" or initial clients, and the two intend to introduce their first jointly designed software apps next month. "The level of interest from the corporate world has been incredible," Maestri said. WAX AND WANE Apple's fortunes, however, still largely hinge on the iPhone, which accounts for half its business, and the company's ability to again re-define markets with new technology gadgets. The Apple Watch, the company's entry in the nascent wearables category, will not hit store shelves till 2015. Orders for the iPhone 6 and 6 Plus began in September, helping Apple chalk up a 12.2 percent jump in revenue last quarter to $42.12 billion. That exceeded the roughly $39.9 billion that Wall Street analysts had predicted, on average. The new iPhone, which comes in larger sizes and a heftier price tag, marks Apple's best product launch on record. That helped push overall smartphone sales to 39.27 million in the September quarter, beating the roughly 38 million some on Wall Street had anticipated. Maestri said in an interview that the new iPhones, which went on sale just last week in China, had already surpassed the previous-generation model in terms of volume. The company also posted the strongest percentage growth in Mac sales, of 21 percent to 5.5 million units, since the December quarter of 2011. (Reporting by Christina Farr and Edwin Chan; Editing by Chris Reese and Richard Chang)
- The Daily Beast
Photo by Win McNamee/Getty ImagesFormer President Donald Trump appears to have lied in sworn court records, opening him up to severe sanctions by a New York judge who has already lost his patience and threatened to punish him before.Trump claimed he wasn’t the president of the Trump Organization during his four years at the White House, despite previously testifying that he was an “inactive president.” And he claimed that he didn’t have a financial stake in a partnership with the real estate com
- Fort Worth Star-Telegram
Social media is questioning what former Dallas Cowboys quarterback Tony Romo said during Sunday’s game.
27 People On Twitter Who Didn't Hold Back Their Feelings About Jonah Hill And Lauren London's New Rom-Com "You People"
"It was a beautiful film that tackled so many aspects — identity, culture, race, and yes relationships."
- The Daily Beast
Scott EisenMAGA-boosting radio host John Fredericks has turned on Donald Trump, telling the former president in no uncertain terms on Tuesday that “nobody cares” about his petty media feuds and “grievances” anymore.Fredericks, a longtime supporter of the twice-impeached ex-president, largely took issue with how Trump has seemingly ignored political issues while focusing his attention on far-fetched lawsuits and complaints about “fake news.” Additionally, Fredericks grumbled about Trump privately
- Business Insider
Ben Crump says the only known white Memphis police officer relieved of duty in Tyre Nichols' death pulled him from car and hit him with a Taser — yet had his identity protected
Memphis police put Preston Hemphill, the only known white cop involved in Tyre Nichols' death, on leave. Five Black officers were charged.
- Women's Health
Anna Faris shared a behind-the-scenes shot of her totally nude Super Bowl ad, and she was super strong in the IG photo. Anna likes going on walks and hikes.
Esther "Essie" Nakajjigo's husband and parents initially filed a $270 million claim against the National Park Service in 2021 over her death
- CBS News
CBS News visits a front-line bunker where Ukraine's drone warriors watch in real time as waves of Russians "advance over the bodies of their fallen soldiers."
- NBC Sports BayArea
George Kittle offered a brutally honest assessment of the 49ers' NFC Championship Game loss to the Eagles.
- Kansas City Star
How was Patrick Mahomes able to play one week after. a high-ankle sprain? His father offered one idea.
Caroline Sasaki was nearly struck as a 5-foot boulder came crashing through her living room Sunday night in Honolulu
Former Classmates Discovered What The Prettiest Girl They Went To School With Is Like Today, And It's Wild
"A girl from my class left school early to be on a CW show."
Patrick Mahomes was cheered on by wife Brittany Mahomes and daughter Sterling Skye, 23 months
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Shein recently took down a product listing after an eagle-eyed TikTok user noticed a racy reflection on the item’s bottle cap. TikTok user @addictedtothisstupidapp shared a screen shot of the listing in a now-viral clip, which has received over 255,000 likes and has been viewed over 6 million times since it was uploaded on Jan. 22.
Gordon Ramsay swears by this easy 10-minute pasta dish, which he said has become a "regular midweek family meal" in his house.
- Yahoo Music
The crooner gave such a stunning performance that Cowell said he should have won 'Britain's Got Talent' ... and even evoked the name of a certain 'BGT' sensation.
- NBC Sports
NASCAR will penalize such a move if it happens again.
Rita Ora paired star-shaped pasties and a thong with a nude latex dress to perform her new single—check out the pics here!