Q3
Apple Q3 2022: June Quarter Revenue Record of $82.96 Billion, Led by iPhone Sales
Apple today announced its fiscal Q3 2022 financial results for the period that ended June 25, 2022, recording a new all-time high for the quarter. The iPhone maker reported $82.96 billion USD in revenue for Q3, up 2% year-over-year, with earnings per diluted share of $1.20. Net income for the quarter reached $19.44 billion. "This...
Apple Supply Chain ‘Surprisingly Resilient’ Despite COVID-19 Lockdowns: Analyst
According to Wedbush Securities Managing Director Daniel Ives, demand for Apple products is "trending better than management's guidance thus far in the quarter," despite Apple projecting a $4-8 billion USD drop in quarterly revenue due to lockdowns in China — reports Seeking Alpha. The Chinese government has been imposing strict lockdowns in several cities since March...
Netflix Sends Stock Soaring After Beating Earnings Expectations in Q3
On Tuesday, Netflix reported its quarterly earnings for Q3 2018 and revealed that it gained 7 million subscribers during the quarter. The results, which beat analysts expectations by about 2 million, sent the company's stock soaring about 15 percent during after-hours trading. Netflix now has a total of 137 million subscribers, which has grown over...
Tesla Produced a Record Breaking 80,000 Vehicles in Q3: Electrek
According to a new report from Electrek, Tesla has produced a record number of vehicles in Q3. The report said that the company made approximately 80,000 cars in the past three months, which is actually more than it has made in the prior two quarters combined. The majority of those vehicles (~53,000) were Model 3...