Tag: quarter

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Apple releases Q4 2024 earnings, cites $94.9 billion in revenue, $14.7 billion profit for the quarter

Apple had a fair amount to brag about during its fourth quarter 2024 earnings call on Thursday, the company posting revenue of $94.9 billion for the quarter, a 6 percent increase year over year, and a record for the quarter. The company reported $14.7 billion in profit. Apple saw continued growth in its Services division, […]

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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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Rumor: Apple developing 10.9-inch iPad Air, 12.9-inch iPad Air as part of larger iPad refresh for 2024

Apple may be including a 12.9-inch iPad Air as part of an entirely refreshed iPad lineup coming next year. According to noted Apple analyst Ming-Chi Kuo, Apple is looking to create a refreshed 10.9-inch and 12.9-inch ‌iPad Air‌ with new chips scheduled for mass production in the first quarter of 2024. Kuo had previously stated […]

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Foxconn reports 56 percent profit shortfall for Q1 2023, offers modest financial expectations for the year

The numbers aren’t where Foxconn, Apple’s primary supplier, would like them to be. Foxconn recently reported a 56 percent decline for its first-quarter net profit, a number that represented its largest quarterly decline in three years, the company falling far short of forecasts. During the January-March quarter, Foxconn disclosed a decline in net profit to […]

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Apple reports Q2 2023 financial results, cites $24.16 billion profit on $94.8 billion in revenues for quarter

It was a 3 percent drop for the quarter, but the numbers still looked good. Apple on Thursday officially reported earnings for Q2 2023, posting quarterly revenue of $94.8 billion, down 3 percent year-over-year. Earnings-per-share came in at $1.52, unchanged year-over-year. Net profits for the quarter came in at $24.16 billion. Apple also set a […]