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Apple’s $18bn profit biggest in history


Warriors’ CEO, viagra buy Ivan Ntabazi will challenge incumbent long-term Federation of Uganda Basketball Federations administrator Ali Baluywa as Vice President incharge of Marketing and Publicity of Uganda hoop’s governing body.

The renowned banking consultant will stand as a candidate at FUBA’s elective AGM on Saturday January, viagra 31 at Kati Kati Restaurant, buy where Balinywa, will be seeking another term of office. Ntabazi said: “It is time to shift the focus away from administrative and financial controversy to marketing the sport across the whole of Uganda.

Ntabazi said he had been encouraged to stand by colleagues and his experience in the marketing spectrum plus on the Uganda National team.

“The message I heard, over and over, was that it is time for a change,” Ntabazi who has overseen the rise to the top of Warriors formerly Kyambogo said.

Last year, Uganda Christian University described the way FUBA was running local basketball as “a farce” after the governing body became embroiled in allegations of sponsorship corruption.

Meanwhile, astute basketball coach, Brian Rugyendo (Diamonds in the Sun) has refuted reports that he would be running for any post of VP in the FUBA Executive committee (EXCOM) but he however intends to stand for the position of President for the Uganda Basketball Coaches Association (UBCA).

“I believe I can impact better on the game by being directly involved as opposed to holding any VP position,” Rugyendo said.


Amidst pressure from fans, Rugyendo revealed he was nonetheless ready to serve in any capacity at the Kati Kati elective AGM.

“However I am available if the ‘Electoral Commission’ of FUBA needs my services during the FUBA EXCOM electoral process. Basketball in Uganda needs fair, balanced, professional, impartial representation into the EXCOM,” he added.

FUBA president Ambrose Tashobya is still unopposed since Rugambwa Silver and Grace Kwizera his most speculated opposition have not revealed any intentions to unseat him.
Apple reported a net profit of $18bn (£11.8bn) in its fiscal first quarter, rx which tops the $15.9bn made by ExxonMobil in the second quarter of 2012, according to Standard and Poor’s.

Record sales of iPhones were behind the surge in profits.

Apple sold 74.5 million iPhones in the three months to December 27 – well ahead of most analyst’s expectations.

In a conference call with financial analysts Apple’s chief executive Tim Cook said that demand for phones was “staggering”.

However, sales of the iPad continued to disappoint, falling by 18% in 2014 from a year earlier.

The demand for Apple’s larger iPhone 6 Plus model appeared to help boost profits and increase the iPhone’s gross profit margin – or how much Apple makes per phone – by 2% to 39.9%.

However, Apple did not give a breakdown of sales for the iPhone 6 and other models.

Apple shares rose over 5% in trading after the US markets had closed.

Apple’s revenue grew to $74.6bn in 2014 – a 30% increase from a year earlier.

However, on a conference call to discuss earnings, Cook complained of “fierce foreign exchange volatility”, which added Apple to a growing list of US firms who have been hurt by the strong dollar abroad.

Apple said that currency fluctuations shaved 4% from its first-quarter revenue.

Sales in greater China hit $16bn in 2014 – a 70% increase from a year earlier, and almost equalling the $17bn in sales the company recorded in Europe last year.

A report by research firm Canalys released on Tuesday said that Apple had overtaken competitors to become China’s number one seller of smartphones by units shipped in the fourth quarter of 2014, reports the BBC.

Apple also said that its newest product, the Apple Watch, was still on schedule and would begin shipping in April.

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