In spite of everything that’s happened with the COVID-19 pandemic, Apple managed to beat Wall Street’s expectations for its second quarter returns. The company turned in revenues of $58.3 billion along with profit of $11.25 billion for the quarter, up one percent year-over-year when was street was expecting a five percent year-over-year decline. “Despite COVID-19’s […]
Tag: Luca Maestri
Apple on Wednesday submitted its fiscal fourth quarter results, complete with record revenues of $64 billion and a profit of $14.1 billion for the quarter. “We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” Apple CEO Tim Cook said in a statement. “With […]
Apple on Tuesday announced the results for its second fiscal quarter of 2019. The company reported revenues of $58 billion for the quarter, which was down 5 percent from a year ago. Apple also highlighted Services revenues of $11.5 billion, and announced a $75 billion stock repurchase program. “Our March quarter results show the continued […]
There are times when even a net profit of $19.9 billion is below expectations. Apple on Tuesday announced its Q1 2019 profits, which were decidedly lower than the initial guidance of $89 billion to $93 billion. For the holiday quarter, Apple posted revenue of $84.3 billion and a net profit of $19.9 billion, a 5 […]
Apple on Tuesday announced that it would report its fourth quarter 2018 earnings on November 1st, the updated numbers including initial sales of the iPhone XS and iPhone XS Max handsets. Announced in an update to its Investor Relations webpage, Apple’s fourth quarter conference call is scheduled for Thursday, Nov.1, at 2 p.m. Pacific, 5 […]