Apple blew way past Wall Street predictions in the third quarter, Tim Cook testified during the U.S. House antitrust hearing, CES goes all digital, and we feature our favorite task apps on the AppleInsider podcast.
During their third quarter earnings call, Apple reported revenue of $59.7 billion beating Wall Street estimates, up 11% from last year. Apple also announced a four-for-one stock split coming August 24, the fifth such split in the company’s history.Tim Cook testified during the U.S. House antitrust hearing which also surfaced several emails sent by Apple executives. These emails included a message from Apple Executive Eddie Cue to Amazon CEO Jeff Bezos describing a 15% revenue deal for the Amazon Prime Video app. Developers in the Apple community took issue with the way Tim Cook described software distribution and several App Store policies.