Luca Maestri
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Apple Taps Insider Kevan Parekh as CFO, Replacing Luca Maestri
Apple has appointed Kevan Parekh as its chief financial officer. Parekh, who has been with Apple for more than a decade and will join the company's executive committee, most recently served as vice president of financial planning and analysis.
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Apple Names Kevan Parekh As New Finance Chief Ahead of Product Launch
Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025.
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Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
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'That’s the Reason Why We’re Investing There,’ Apple CEO Tim Cook Reveals ‘Bullish’ India Approach
Apple CEO Tim Cook, in an earnings call, said he was “very bullish on India” and called the country a “major focus” for the tech giant. Apple on Thursday reported revenue of $117.2 billion for the December quarter. The $117.2 billion revenue was down 5 per cent year-over-year, from nearly $124 billion in December 2021 “as a result of a ch...
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Ferrari Appoints Bendetto Vigna As CEO, Succesor To Louis Camilleri
Ferrari was also said to be courting former Apple executive Sir Jonathan Ive and its current CFO Luca Maestri
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Apple's Luca Maestri And Sir Jony Ive In Running To Become New Ferrari CEO
In the larger scheme of things FCA boss, Mike Manly seems to be the favourite for the position.
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Apple Delivers Blowout Q2 Results, Market Shrugs Off iPhone Delays
Apple delivered blowout quarterly results, reporting revenue gains across every category and in every geography. Apple CFO Luca Maestri confirmed a delay in this year’s iPhone launch. However, executives predicted continued strong performance from the company's products.
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iPhone 12 Series Launch Delay Confirmed by Apple
Apple today confirmed that the launch of its new iPhone models would be a little delayed from the typical September schedule. CFO Luca Maestri stated the delay during an earnings call with investors that provided details around the company’s June quarter results.
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Apple’s India Revenue Rebounds, Sees Double Digit Growth During June Quarter
Apple’s June quarter revenue grew double digits in India as the international sales accounted for 59 percent of the last quarter’s total revenue for the iPhone maker.
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Apple Accused of Securities Fraud Over Hiding iPhone Sales Drop in US Lawsuit
Apple was accused in a new lawsuit of securities fraud for concealing a slump in demand for iPhones, particularly in China, leading to a $74 billion one-day slide in its market value.
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iPhone Average Selling Price Rises to Record-High $695, Apple Reveals
Apple's CFO Luca Maestri said that the growth in iPhone's ASP (average selling price) was driven by a strong product mix and the success of iPhone 7 Plus.
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iPhone SE Demand Outstripped Supply Last Quarter, Says Tim Cook
Apple believes the iPhone SE is not cannibalising sales of its more expensive siblings.
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iPhone Sales in India Grew 76 Percent, Says Apple CFO Luca Maestri
In an earnings call in which the company reported meager iPhone growth and forecast its first revenue drop in 13 years, the Indian market stood out as a rare bright spot for Apple.
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Apple Paid CEO Tim Cook $10.3 Million In 2015
Apple Inc Chief Executive Tim Cook's compensation rose 11.5 percent to $10.3 million in 2015, the company said on Wednesday, a year when its sales grew 28 percent and profits by 35 percent but its shares fell for the first time since 2008.
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Apple's iPhone Sales Beat Street but iPad Volumes Slide
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.
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Apple Taps Insider Kevan Parekh as CFO, Replacing Luca Maestri
Apple has appointed Kevan Parekh as its chief financial officer. Parekh, who has been with Apple for more than a decade and will join the company's executive committee, most recently served as vice president of financial planning and analysis.
-
Apple Names Kevan Parekh As New Finance Chief Ahead of Product Launch
Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025.
-
Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
-
'That’s the Reason Why We’re Investing There,’ Apple CEO Tim Cook Reveals ‘Bullish’ India Approach
Apple CEO Tim Cook, in an earnings call, said he was “very bullish on India” and called the country a “major focus” for the tech giant. Apple on Thursday reported revenue of $117.2 billion for the December quarter. The $117.2 billion revenue was down 5 per cent year-over-year, from nearly $124 billion in December 2021 “as a result of a ch...
-
Ferrari Appoints Bendetto Vigna As CEO, Succesor To Louis Camilleri
Ferrari was also said to be courting former Apple executive Sir Jonathan Ive and its current CFO Luca Maestri
-
Apple's Luca Maestri And Sir Jony Ive In Running To Become New Ferrari CEO
In the larger scheme of things FCA boss, Mike Manly seems to be the favourite for the position.
-
Apple Delivers Blowout Q2 Results, Market Shrugs Off iPhone Delays
Apple delivered blowout quarterly results, reporting revenue gains across every category and in every geography. Apple CFO Luca Maestri confirmed a delay in this year’s iPhone launch. However, executives predicted continued strong performance from the company's products.
-
iPhone 12 Series Launch Delay Confirmed by Apple
Apple today confirmed that the launch of its new iPhone models would be a little delayed from the typical September schedule. CFO Luca Maestri stated the delay during an earnings call with investors that provided details around the company’s June quarter results.
-
Apple’s India Revenue Rebounds, Sees Double Digit Growth During June Quarter
Apple’s June quarter revenue grew double digits in India as the international sales accounted for 59 percent of the last quarter’s total revenue for the iPhone maker.
-
Apple Accused of Securities Fraud Over Hiding iPhone Sales Drop in US Lawsuit
Apple was accused in a new lawsuit of securities fraud for concealing a slump in demand for iPhones, particularly in China, leading to a $74 billion one-day slide in its market value.
-
iPhone Average Selling Price Rises to Record-High $695, Apple Reveals
Apple's CFO Luca Maestri said that the growth in iPhone's ASP (average selling price) was driven by a strong product mix and the success of iPhone 7 Plus.
-
iPhone SE Demand Outstripped Supply Last Quarter, Says Tim Cook
Apple believes the iPhone SE is not cannibalising sales of its more expensive siblings.
-
iPhone Sales in India Grew 76 Percent, Says Apple CFO Luca Maestri
In an earnings call in which the company reported meager iPhone growth and forecast its first revenue drop in 13 years, the Indian market stood out as a rare bright spot for Apple.
-
Apple Paid CEO Tim Cook $10.3 Million In 2015
Apple Inc Chief Executive Tim Cook's compensation rose 11.5 percent to $10.3 million in 2015, the company said on Wednesday, a year when its sales grew 28 percent and profits by 35 percent but its shares fell for the first time since 2008.
-
Apple's iPhone Sales Beat Street but iPad Volumes Slide
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.
