Apple Revenue

Apple’s Services Revenue Likely to Highlight Q1 Results: Morgan Stanley

According to Morgan Stanley analyst Katy Huberty, Apple's financial results for the quarter ended December 2021 are likely to beat market estimates, boosted significantly by revenue from the company's services segment (via Seeking Alpha). Apple set new quarterly revenue records across the board during the fiscal year 2021, reporting an all-time fourth-quarter high of $83.4...

Apple Captured Record 51% of Global Smartphone Industry Revenue in Q4 2017

According to the latest numbers from research firm Strategy Analytics, Apple's smartphone revenue was three times higher than its nearest rival Samsung and seven times more than Chinese competitor Huawei in Q4 2017. The iPhone maker is estimated to have captured a record 51% share of revenue in the worldwide smartphone industry during the last quarter (via...

Apple Continues to Tower Over Other Tech Companies in Quarterly Revenues

A bar-chart of the latest quarterly financial results shows how Apple is continuing to tower over other tech companies, leading in both turnover and profits, while other companies are changing places. ZDNet points out that IBM, a company that used to rule the IT world, no longer dwarfs other tech companies. In fact, it has now fallen behind...

Apple Expected to Top $1 Trillion in Revenue from iOS in 2017

Asymco analyst Horce Dediu believes that Apple will finally cross the $1 trillion revenue mark this year, generated by the combined revenue from iOS product sales and the company's services sector, including apps, subscriptions, and media. He also adds that the iPhone will have sold at least 1.2 billion units in its first 10 years, making it...

Apple May Generate $3 Billion in Revenue from Pokémon Go

As Pokémon Go gamers are going crazy buying "PokéCoins" from the App Store, Apple is expected to earn well over $3 billion from it in the next couple of years, according to brokerage Needham & Co’s Laura Martin (via Reuters). While the game is free to download, PokéCoins allow players to buy additional features. A pack of 100 PokéCoins costs $0.99 in...

Streaming Music Would Add Less Than 1% to Apple’s Revenue [Piper Jaffray]

Apple's widely rumoured new streaming music service will most likely be launched at WWDC next week. However, Piper Jaffray analyst Gene Munster believes that the Cupertino tech giant won’t make much money out of it, with the service expected to add less than 1% to the company's 2016 revenue, Fortune is reporting. In a recent note to clients,...

RBC: Apple Watch Predicted to Earn $10 Billion In First Year Revenue

RBC Capital Markets analyst Amit Daryanani has said in a note to investors today that the upcoming Apple Watch will launch around March of 2015 and will sell around 20 million units in its first 12 months with an average selling price of $520, adding $10 billion to the Cupertino giant’s annual revenue, AppleInsider reports. The firm has...