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Apple posts $61.1 billion in revenue, profit of $13.8 billion for Q2 2018 results

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 […]

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Finance News

Apple to hold Q4 2017 earnings call on November 2nd

Apple’s next financial earnings report is slated for November 2nd. The company announced that it will hold its Q4 2017 earnings call on November 2nd with a call following shortly thereafter at 2PM PT/5PM ET. Apple reported revenue of $45.5 billion last quarter on sales of 41 million iPhones, 11.4 million iPads, and 4.29 million […]

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Finance News

Apple announces Q4 2016 earnings call for Thursday, October 27th

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 […]

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Finance News Software

Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

It’s official: Software is now more profitable than Hollywood, baby. Per the results over at Asymco and the box office receipts over at Box Office Mojo, Apple’s App Store receipts outgrossed movie receipts in 2014. Apple paid US$10 billion to developers in calendar 2014. Additional statistics for the App store are as follows:

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Finance News retail

Apple releases Q3 2013 numbers, cites $35.3 billion in revenue, $6.9 billion profit

There wasn’t massive growth, but the numbers were still good. Per Macworld, Apple reported sales of US$35.3 billion, with net profit at US$6.9 billion for its third fiscal quarter. That translated to earnings of US$7.47 per diluted share. Appleā€™s revenue marked a record for the June quarter, ticking up 1 percent from the $35 billion […]