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Apple posts Q3 2024 financial report, cites revenues of $85.8 billion, profit of $21.4 billion

Over on the financial side of things, Apple on Thursday posted its financial results for the third quarter of 2024, wherein the company cited revenue of $85.8 billion and net quarterly profit of $21.4 billion, compared to revenue of $81.8 billion and net quarterly profit of $19.9 billion, in the year-ago quarter. Apple set new […]

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Apple posts $83.4 billion in revenues, $20.5 billion profit for Q4 2021

Apple posted $83.4 billion in revenue for its fourth quarter of 2021, leading to a $20.5 billion profit, missing Wall Street expectations, but still showing strong growth along its assorted product categories. The company published its Q4 2021 earnings on Thursday shortly before a call with investors. Apple’s $83.4 billion in revenue represents year-over-year growth […]

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Apple announces Q4 2020 earnings call for Thursday, October 29th

If you’re interested in Apple’s (and your) financial future, then try to free up some time around the 29th. Apple has scheduled its Q4 2020 earnings call for Thursday, October 29 at 2PM PT/5PM EST. You can listen to the conference call being streamed as it happens via the link below. During Apple’s fiscal quarter 3 […]

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Universal Pictures announces release of currently playing movies to iTunes, other streaming platforms in wake of Coronavirus

If the audiences can’t get to the theater, you bring the theater to them. In the wake of the Coronavirus pandemic and Americans staying home, Universal Pictures revealed this week that its movies currently in cinemas will become available on iTunes and other on-demand services starting as early as Friday. “Universal Pictures has a broad […]

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Apple revises guidance for Q1 2019, predicts lower revenues between $5 billion and $9 billion for the quarter

For the first time in years, Apple adjusted its first-quarter earnings for the upcoming fiscal year, its 2019 estimates reading as follows: Revenue of approximately $84 billion Gross margin of approximately 38 percent Operating expenses of approximately $8.7 billion Other income/(expense) of approximately $550 million Tax rate of approximately 16.5 percent before discrete items