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 […]
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 […]
Apple on Thursday announced that the company will announce its earnings for the first quarter of 2023 (the fourth calendar quarter) on Thursday, February 2. The first quarter earnings call will provide some insight into holiday sales of the iPhone 14 models, the Apple Watch Series 8 and Ultra, new iPad models, and the AirPods […]
The rumor mill has Apple as beginning mass production of its long-awaited mixed-reality headset in Mach 2023. According to DigiTimes, Pegatron will be the exclusive partner for the final assembly of Apple’s mixed-reality headset. Initial production was said to be very limited. Its price point will be too high for the consumer market, hence initial […]
Apple on Thursday announced the financial results for its third fiscal quarter of 2022. For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter. Gross margin for the quarter stood at 43.3 percent, […]