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Apple announces $33.9 billion profit on $119.6 billion in revenue for Q1 2024 results

You can’t sneeze at a quarterly profit of $33.9 billion. Apple on Thursday announced its Q1 quarterly results, which correspond to the fourth quarter of 2023. During the announcement, the company posted revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, compared to revenue of $117.2 billion and […]

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Apple’s Macintosh turns 40 today

Today marks the 40th anniversary of Steve Jobs unveiling the Macintosh, which would be the first successful mass-marketed computer with a graphical user interface. The original Macintosh, released in 1984 introduced and popularized the computer mouse, allowing for a new type of navigation that was still a novel concept to most people at the time. […]

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TSMC’s second Arizona plant could face years-long delays, not open until 2028

TSMC’s second Arizona-based manufacturing plant could face delays of up to two years and no longer produce the promised 3-nanometer chips. TSMC’s second plant in the state was announced in 2022 with the company increasing its investment from $12 billion to $40 billion for the new factory’s development. This plant was specifically said to be […]

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Apple to launch Vision Pro in the United States on Friday, February 2, will open pre-orders on Friday, January 19

Apple on Monday announced that its Vision Pro headset will launch in the United States on Friday, February 2. Apple CEO Tim Cook offered the following comment as to its release: The era of spatial computing has arrived. Apple Vision Pro is the most advanced consumer electronics device ever created. Its revolutionary and magical user […]

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Apple posts $89.5 billion in revenue for Q4 2023, fourth consecutive quarter of declining sales

Apple once again posted a commanding revenue for the quarter, but also reported a continued drop in sales for the fourth consecutive quarter. The company’s Q4 2023 report cited a revenue of $89.5 billion in revenue, down from the $90.1 billion reported in Q4 2022. The iPhone revenue rose from $42.6 billion in Q4 2022 […]