We’re at the Apple Store previewing Apple earnings.
Tim Cook, Apple’s CEO, had a 15% pay cut.
He made $8.7 million this year.
Last year, he made $10.3 million.
Ht got a pay cut because Apple’s revenues declined for the 1st time since 2001.
People are waiting longer than 1-2 years before upgrading their phones.
Apple (AAPL) reports earnings January 24, 2017.
We’ll see how many iPhone 7 and iPhone 7S phones were sold.
We’ll want to see how the Air Pods, which cost $159, help the bottom line.
iPhone sales make up 57% of Apple’s revenues.
Later this year, the rumors are that Apple will release 3 new phones:
* The iPhone 7s
* The iPhone 7s Plus
* The iPhone 8
This is the 10th anniversary of the 1st iPhone.
Fun Fact: Our dad won the 1st iPhone in 2007 in a sales contest at work.
Back in 2007, they did not have the apps like they do now.
» Subscribe to TwinsTalkStocks: http://bit.ly/SDTTS
About TwinsTalkStocks: Join 9 year old twins, Devin Kalel and Ashay Jorel, as they talk about the stock market. Whether you want to save up for college, buy a new car, make a down payment on a house, save up for a vacation, or just make some extra money to pay some bills, Twins Talk Stocks can help you!
Connect with TwinsTalkStocks Online