Strong iPhone sales in China and record services revenue drive third-quarter results for Apple.
The jump in digital services sales testifies to Apple's progress in selling other products to its installed base of iPhone users.
After years of expansion and record-setting profits, Apple “appears to be entering a period of vulnerability.”
The six defendants allegedly possessed confidential materials belonging to Jawbone after they left the wearables maker to work for rival Fitbit.
Just one-third of employees say the programs encourage healthier lifestyles: survey.
The company announces the departure of CFO Dennis Secor as it reports growth in wearables could not offset declining traditional watch sales.
The retailer's same-store sales dropped 0.7% in the fourth quarter amid weaker-than-expected demand from gamers and product outages.
Sales of Fitbit's health and fitness trackers fell to 6.5 million from 8.2 million even though it introduced four new devices last year.
While revenue increased 23% year-over-year to $503.8 million, earnings fell well short of second-quarter expectations.
The company has acquired intellectual property from Coin as it prepares to offer mobile payments on its fitness trackers.
At the same time, the research firm expects major changes in the products, including 'smarter watches ... built by classic watch makers.'
But 'smart wearables,' like the Apple Watch, will take the market lead in 2016, says the research firm.
