Channel Beat: Weak Core Refreshes Lead To Tough Q3 Earnings For Apple
Apple had a tough third fiscal quarter with Mac and iPhone sales on the downswing.
Apple's giant iPhone business saw a 23.4 decline from the same period last year.
The MacBook Pro hasn't seen a refresh in more than a year, and Mac sales dropped nearly 13 percent from Q3 of 2016.
Apple did report growing adoption of the iPad for business during the period.
Citrix and LogMeIn announced the company will reverse-merge the GoTo business software division with LogMeIn.
The new company will be called GetGo.
GetGo will have more than 2 million customers and a projected annual revenue of more than $1 billion, but its channel future is up in the air.
There's been no communication as to when or how the two companies will create a single channel program.
Verizon's tumultuous 2016 resulted in mixed Q2 financial results this week.
The carrier reported revenue down more than 5 percent from the same period last year and missed investor's forecasts.
Net income dropped a whopping 80.9 percent from last year's Q2.
The wireless division reported upswings in its wireless division and IoT revenue streams.
Verizon acquired web giant Yahoo early in the week.