Relief for Apple as sales soar

first_img KCS-content Tags: NULL Show Comments ▼ Tuesday 18 January 2011 8:47 pm whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at Share Relief for Apple as sales soar whatsapp APPLE beat expectations with its quarterly results yesterday, buoyed by strong Christmas figures that saw the company sell 7.3m iPads, 16.2m iPhones and 19.5m iPods during the period.Analysts had expected earnings per share (EPS) of $3.95 versus an actual EPS of $4.64. Revenues were $26.7bn (£16.7bn) compared with a consensus forecast of $24bn.Apple executives will hope that the earnings, which were released after markets closed yesterday, will give the company’s stock some relief after the news on Monday that chief executive Steve Jobs is to take sick leave.Apple shares fell 6.3 per cent in early trading before closing 2.3 per cent lower in response to the news about Jobs, but were up 1.3 per cent in after hours trading and could regain their losses today on the back of the firm’s strong results.Sale of iPhones, in particular, rocketed above expectations, recording an 86 per cent jump on the equivalent quarter a year ago. The company had a particularly strong showing internationally: 62 per cent of revenues were from outside the US.“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Jobs, Apple’s chief executive. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year.”The bottom line was also helped by a fall in gross margins, which came to 38.5 per cent versus 40.9 last year.The only major decline in product sales was among iPods: seven per cent fewer were sold during last quarter than during the equivalent period of 2009. Investors will now have to balance the strong business growth with the departure of Jobs, seen as Apple’s mastermind. last_img read more

Czech Republic launches new exclusion register

first_img Regions: Europe Czech Republic Regulation The Czech Republic Ministry of Finance has announced the launch of a new exclusion register that will allow consumers in the country to block themselves from accessing gambling services. The third phase of this process will see the Ministry of Finance work with public administration bodies to develop internal processes to address gambling related issues going forward.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Czech Republic Ministry of Finance has announced the launch of a new exclusion register that will allow consumers in the country to block themselves from accessing gambling services. Licensed operators in the country will also be required to join the programme and begin blocking access to their services when the pilot stage of the project concludes on 20 December. The decree, which was last week also given the green light by lawmakers in the city, will ban mechanical, electromechanical and electronic games, including slot machines and video lottery terminals. Czech Minister of Finance Alena Schillerová, who in November pledged that the register would be up and running by mid-2020, said: “Thanks to this register, it will no longer be possible for money paid out in benefits to end up in gaming machines, as is unfortunately still the case in many incidences. Apart from players who sign up to the scheme voluntarily, individuals can also be added to the register by a third party if they are being treated for problem gambling or are gambling in an unsustainable way; are declared bankrupt; or are receiving welfare payments from the Czech state. “The launch of a system that can exclude vulnerable groups or pathological gamblers from the temptation of hard gambling will help not only them, but also their families and those close to them.” Subscribe to the iGaming newsletter Email Address The register forms the second phase of a three-step process to tackle problem gambling in the Czech Republic. Last June, the country launched its Analytical Module of the Gambling Information System (AISG), which collects gaming and financial data from operators to support regulatory strategy in the market. Czech Republic launches new exclusion register Gambling operators will need to verify whether a person seeking to access their gambling offerings has signed up to the register. Players named on the register will not be able to gamble or set up another user account with any licensed operator. The register will launch as a pilot scheme from today (15 September), with players able to sign up immediately and exclude themselves from land-based and online gambling offerings across the country. Topics: Legal & compliance Regulation The launch of the exclusion register comes after Prague’s City Council ratified a new decree that will prohibit all forms of technical gambling games in the capital city from 2024. 15th September 2020 | By Aaron Noy This includes managing tax on gambling, with the country in January of this year having implemented a new structure whereby taxes are split into three levels, according to how harmful the government perceives the activity to be. Lotteries, live games and bingo operators are now taxed at 30%, up from 23%, while the rate for fixed odds betting increased from 23% to 25%.last_img read more