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Finance News

Apple to announce third quarter earnings on Tuesday, July 21st

Come Tuesday, July 21st, you shall learn exactly how much money Apple has made this quarter. I mean, that’s the point of quarterly statements. Apple announced that it will announce its quarterly earnings for the third fiscal quarter (second calendar quarter) of 2015 on Tuesday, July 21. The quarterly earnings statement will be released around […]

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Finance News

Apple to announce Q4 2013 earnings on October 28th

The financial results are coming. Per AppleInsider, Apple on Monday announced that it will release its fourth fiscal quarter results immediately following the close of the stock market on October 28. The results, which cover the company’s operations from July through September, will include the first full week of sales for the company’s sales record-breaking […]

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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. Apple’s revenue marked a record for the June quarter, ticking up 1 percent from the $35 billion […]

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iPad iPhone News Processors retail

20% Samsung price hike could affect Apple’s margins by 1-2%

The ne’er ending fight between Apple and Samsung continues. Following up on yesterday’s story about Samsung potentially raising the cost of building mobile processors for Apple, such a change would be expected to reduce the company’s overall margins by as much as 2 percentage points. Per AppleInsider, Gene Munster of Piper Jaffray noted on Wednesday […]