The Chinese user base is apparently even more app-crazy than its U.S. counterpart. According to a new report out this morning from app intelligence firm App Annie, the country earned over $1.7 billion in Q3 2016, which puts it ahead of the U.S. by over 15 percent. The U.S. had been the number one iOS […]
Tag: revenue
Apple on Monday noted that it would hold its fourth quarter earnings call on Thursday, October 27th. The call will be held at the standard time of 2PM PT/5PM ET, with the earnings release itself being sent out roughly thirty minutes before then. The earnings call will be important in that it can show how […]
You know, in most businesses, a quarterly profit of $7.8 billion would be considered a good thing. In Apple’s frame of mind, this isn’t that stellar. In today’s Q3 2016 conference call, representatives from Apple cited revenues of $42.4 billion, a profit of $7.8 billion with a margin of 38 percent. Apple CEO Tim Cook […]
The Chinese app market is the world leader at this point in time, the U.S. coming in second and Japan rounding out third place. A few months ago, App Annie reported on China passing Japan in iOS game revenues, and the firm had predicted that China would jump over the US next. This has now […]
Well, at least the iPhone SE is selling well. While Apple has yet to divulge official sales numbers for the new handset, company executives said that demand for the device was “very strong” and higher than expected during this week’s earnings call. As such, Apple CEO Tim Cook said the company is working hard to […]