Philips is feeling the pinch of the recession, announcing a huge dip in profits, and the sacking of 6,000 employees over the next year.
Tagged ‘financial’
Apple’s management team faced their first public grilling over Steve Jobs’ health tonight after unveiling the company’s quarterly results. Both Tim Cook, Apple’s COO and stand-in CEO, and Peter Oppenheimer, the company’s CFO, faced down investors and the press, while Jobs himself was not present to comment.
Apple unveiled its first quarterly results of the year this evening, and they’re absolutely astounding. Record revenues and record profits, even in a credit crunch!
Steve Jobs might be taking some time off, but Apple still has work to do. Tonight it will hold its first quarter conference call for 2009, sharing financial results with investors and reporters.
It’ll all kick off at 10pm UK time, but the company doesn’t just face scrutiny over its financial figures, it’ll also be stand-in CEO Tim Cook‘s first public role since taking over from Jobs.