BANGOR – Sales of Apple’s newest iPhone hasn’t hit expectations but that didn’t slow down profits. Just over 52 million iPhones sold in the first three months of the year — up just three percent from last year. But profits were up 25 percent — driven in part by the higher price tag of the iPhone 10.
Amazon hasn’t settled yet on where it wants to put its big new second headquarters but the company says it is going to expand offices in Boston and Vancouver adding a total of 5,000 jobs.
The head of Xerox, Jeff Jacobson, is resigning as part of a settlement with two of the company’s biggest investors. Jacobson undervalued Xerox when he struck a complicated deal with Fujifilm. That agreement may be at risk of being killed.
And Facebook may be adding something extra to your friends list. At its annual developer conference, Facebook head Mark Zuckerberg says the social network will soon roll out its own online dating service. He says it’s for building long-term relationships, not just hookups.