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Apple Inc
Apple’s revenue growth clouded by worries about China slowdown
...Apple chief financial officer Luca Maestri played down the decline in China sales, blaming it in part on a stronger dollar....
February 2, 2024
iPhone
Apple overtakes Android to pass 50% share of US smartphones
...The numbers are based on smartphones in use, known as the “active installed base”, what Apple finance chief Luca Maestri dubbed “the engine for our company” in a July earnings call....
September 2, 2022
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“Even in an expert treatment centre like ours, it requires a heavy lift in terms of resources and rallying the hospital system to implement these drugs,” said Prof Gil Rabinovici, a neurologist at San Francisco...
April 22, 2024
Apple Inc
Apple fails to dispel worries over hardware outlook and China sales
...Revenue would have risen had it not been for a 2 percentage point decline caused by exchange rate moves, according to chief financial officer Luca Maestri....
November 2, 2023
Due Diligence
Could the ‘trustbusters’ be making a comeback?
...Job moves Christian Lucas, a senior European dealmaker at Silver Lake, has been named a managing partner at the US tech-focused private equity group....
December 19, 2023
News in-depthUS economy
Wave of corporate exits sends chill through Chicago
...Salesforce, the San Francisco-based tech company, plans to put its name on a new glass tower it will occupy along the Chicago River....
August 1, 2022
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Apple Inc
Apple profits rise as services arm surpasses 1bn users
...Finance chief Luca Maestri told the Financial Times that the total number of subscribers was “double the number that we had just three years ago”....
August 3, 2023
Apple Inc
Apple’s iPhone sales rebound after supply chain challenges
...Finance chief Luca Maestri said Apple had seen “significant acceleration in iPhone revenue from December to March”....
May 4, 2023
Apple Inc
Snap, Facebook, Twitter and YouTube lose nearly $10bn after iPhone privacy changes
...“Advertising is a growing business like everything else,” Luca Maestri, Apple finance chief, told the Financial Times. “We think we have the opportunity to continue to grow further over time.”...
October 31, 2021
Apple Inc
Apple posts first revenue fall in three and a half years
...In an interview with the Financial Times, finance chief Luca Maestri said that Apple’s “active installed base” — the number of its devices in use — had crossed the 2bn threshold, up from 1.8bn a year ago...
February 3, 2023
News in-depthCoronavirus treatment
Rural China runs short of Covid drugs over lunar new year holiday
...“They are the second-highest economy in the world,” Pfizer chief executive Albert Bourla told a conference in San Francisco this month. “I don’t think that they should pay less than El Salvador.”...
January 23, 2023
Apple Inc
Apple says it is facing ‘significant’ headwinds from strong US dollar
...“Overall, we believe total company year-over-year revenue performance will decelerate during the December quarter as compared to the September quarter,” finance chief Luca Maestri said during an earnings...
October 28, 2022
Apple Inc
Apple ekes out revenue growth on iPhone sales and services
...But finance chief Luca Maestri told the Financial Times that those costs ended up being less than $4bn, and should improve in the current quarter. “The situation on supply is improving,” he said....
July 28, 2022
The Big Read
The teen mental health crisis: a reckoning for Big Tech
...A nearby hospital experienced a 49 per cent increase in paediatric emergency room psychiatric consultations in 2022 compared with the previous year....
March 26, 2023
Apple Inc
Apple forecasts up to $8bn hit from supply chain problems
...“Supply constraints caused by Covid-related disruptions and industry-wide silicon shortages are impacting our ability to meet customer demand for our products,” Apple’s finance chief Luca Maestri told analysts...
April 28, 2022
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Due Diligence
Private equity enters the emergency room Premium content
...Citigroup has named Sirisha Kadamalakalva as global head of artificial intelligence investment banking, based in San Francisco. She joins from AI group DataRobot....
December 21, 2022
InterviewNew York City
‘No big company is coming to the city’: biotech developer bemoans New York’s status
...The real estate developer Joel Marcus had an early belief in the biotech industry, helping to create thriving life sciences hubs around places such as greater Boston, San Francisco and San Diego that are...
July 7, 2022
Apple Inc
Apple’s revenue hits another record as it navigates supply chain crunch
...Finance chief Luca Maestri told the Financial Times the supply chain problems plaguing swaths of the economy cost Apple “more than $6bn” in revenue, a similar amount to the prior quarter....
January 28, 2022
Special ReportFuture of AI and Digital Healthcare
Robots give surgeons a helping hand
...Separately, a study by researchers at the University of California San Diego found that robotic surgery cases stayed in hospital for 3.3 days on average, less than half the stay of open surgery patients...
January 31, 2022
News in-depthApple Inc
Doctors say it’s time Apple Watch ticked all the health boxes
...Even distribution is critical,” said Dr Seth Martin, a cardiologist at Johns Hopkins Hospital....
December 31, 2021
Art on the West Coast: Frieze Week LA 2022
Ben Sakoguchi’s art from America’s concentration camps
...The three-year-old Ben and his baby sister both had measles at the time, so were held back, terrified and alone, in the county hospital until they recovered....
February 11, 2022
Apple Inc
Apple supply shortages bite into revenues and cost iPhone maker $6bn
...Luca Maestri, chief financial officer, told the Financial Times that Apple had 745m paying subscribers for its services, up from 660m six months ago....
October 29, 2021
How To Scent It: the fragrance trends you need to know
Step inside the greatest chemist in the world
...Every room has its story, from the panelled cabinets and old glass of the pharmacy to the vaulted ceilings of the chapel of San Niccolò....
November 12, 2021
ExplainerCovid-19 vaccines
Will Covid vaccines have to be updated for Omicron?
...“There’s nothing to lose with boosters,” said Burioni at the Vita-Salute San Raffaele University....
December 1, 2021
Cyber Security
US and UK agencies say Iran is behind ransomware campaign
...The Iranian activity included successfully breaching a US municipal government and US hospital specialising in healthcare for children in May and June respectively, according to the joint statement....
November 18, 2021

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