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Apple releases Q4 2024 financial results, cites $124.3 billion in revenues and $36.3 billion profit

It was a great quarter for Apple, even if there are a few warning signs that might be worth paying attention to. Apple on Thursday released its Q4 2024 financial results for its holiday quarter, citing its “best quarter ever” with revenues of $124.3 billion and a profit of $36.3 billion, up four percent year […]

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Apple to hold Q1 2025 earnings call on Thursday, January 30

Apple is looking to hold its first earnings call of the new year on Thursday, January 30. Per Investor Relations, the call will feature Apple CEO Tim Cook and new chief financial officer Kevan Parekh, who will provide insight into Apple’s performance during the 2024 holiday quarter spanning from October to December. Apple’s Q4 2024 […]

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Foxconn confirms microLED development work, mass production of displays to begin in 2025/2026

Although Apple has yet to complete its transition from LCD to OLED displays, it seems that the next logical step for the company is for microLED screens. Key supplier Foxconn recent announced that it expects to begin mass production of the technology in late 2025. The announcement also confirmed Foxconn’s relationship with Porotech for microLED […]

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Apple posts strong shipments, and year-over-year growth as computing industry returns to pre-pandemic levels

It was a long pandemic, but Apple and the larger industry have gotten back to pre-pandemic levels, complete with substantial year-over-year growth. According to 9to5Mac, an IDC report released yesterday on global shipments for Q1 2024 showed that while Apple still doesn’t lead for volume, it did come in number one for YoY growth. IDC […]

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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 […]