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 […]
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 […]
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 […]
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 […]
Last week, Apple posted revenues of $117.2 billion and a net quarterly profit of $30.0 billion for its Q1 2023 financial statement, The company’s revenue was down approximately 5 between year-over-year between Q1 2022 and Q1 2023, a steeper decline than had been expected by analysts as Apple grappled with iPhone supply issues in particular […]