Apple Earnings

Apple’s All-Time High Mac Sales in 2020? Thank the MacBook Pro

On Thursday, Apple reported its earnings for the final quarter of its fiscal 2020, seeing a huge quarter with $64.7 billion in revenue, despite not having some iPhone 12 orders part of the mix. In its annual Form 10-K report submitted to the SEC on Friday, Apple says its all-time high in Mac sales were […]

Apple 2020 Q3: Revenue of $59.7 Billion, Stock to Split 4:1

Apple has just announced its fiscal results for the third quarter of 2020 ended June 27, seeing $59.7 billion in revenue, up 11% compared to the year-ago quarter. The company says international sales took up 60% of the quarter’s revenue. “Apple’s record June quarter was driven by double-digit growth in both Products and Services and...

Goldman Estimates Apple Earnings to Drop 29% Amid Potential China Ban

According to a report by Bloomberg, Goldman Sachs has estimated that if China were to retaliate against the U.S. for blacklisting Huawei with a ban on Apple's products, the iPhone maker’s earnings could drop as much as 29%. With a neutral rating on Apple’s stock, Goldman also lowered the company’s price target to $178 from $184....

Apple Q3 2018: 41.3 Million iPhones Sold, $53.3 Billion in Revenue [u]

Apple has announced their 2018 Q3 earnings, selling 41.3 million iPhones with a quarterly revenue of $53.3 billion USD, an increase of 17% year over year. The company’s net income was $45.4 billion, an increase of $7.7 billion compared to the year-ago quarter. Apple said international sales accounted for 60% of the quarter’s revenue. “We’re...

Apple Q3 2017: 41 Million iPhones Sold, $45.4 Billion in Revenue

Apple has announced their 2017 Q3 earnings, selling 41 million iPhones with quarterly revenue of $45.4 billion, with international sales accounting for 61% of the quarter’s revenue. Apple’s fiscal third quarter by device sales: • 41 million iPhones (2% YoY increase) • 11.4 million iPads (15% YoY increase; first time since 2013) • 4.29 million...

Apple 2016 Q2 Earnings Conference Call Set for Tuesday, April 26

Apple’s 2016 Q2 earnings were supposed to be announced on April 25, but the company delayed them one day to April 26, out of respect for the late longtime Apple board member, Bill Campbell, whose memorial service takes place Monday. Apple said numerous executives will be attending Campbell’s memorial service, and thusly, the earnings call...

Apple Could Surprise Wall Street in its Forthcoming Earnings Call

According to analyst Brian White of Cantor Fitzgerald, Apple is expected to post stronger sales than what Wall Street expects for the just-concluded March quarter, hinting that the company could surprise the investors to the upside when it reports earnings after markets close on April 23, AppleInsider is reporting. The analyst tracks tech component suppliers as part...

Apple’s 33.8 M iPhones Earned More Than Samsung, LG, Nokia’s Mobile Shipments Combined

An interesting article from AppleInsider reveals that Apple’s sale of "just" 33.8 million iPhones during the last quarter earned the company more than Samsung's entire mobile unit, that includes PCs, netbooks and tablets, plus the mobile phone hardware divisions of LG, Nokia, Huawei, Lenovo and Motorola. Despite Samsung’s sale of 120 million smartphone units, which is 3.5x more...