Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]
Tag: profits
Apple has apparently found the mother of all tax shelter combinations. Despite company CEO Tim Cook having stated that “We pay all the taxes we owe, every single dollar. We don’t depend on tax gimmicks, we don’t stash money on some Caribbean island” during a a United States Senate investigative subcommittee hearing in 2013, the […]
There’s market share and there’s profits. And Apple seems to be gobbling up 92 percent of the latter. A report released by Canaccord Genuity indicate that Apple takes 92 percent of the profits for the entire smartphone industry despite accounting for only 20% of sales.
Apple posted the date of its first quarter earnings release and conference call on its Investor web page, announcing the date to be January 27th. MacRumors notes that the release will… “… provide a look into initial iPad Air and Retina iPad mini sales during their first quarter of availability as well as iPhone 5s and […]