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Apple posts $117.2 billion in revenues, $30 billion profit for Q1 2023

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 […]

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Rumor: Apple to release 27-inch external mini-LED display in Q1 2023

If you’re truly hankering for a high end Apple monitor, you may get your wish next year. According to a tweet shared by Display Supply Chain Consultants (DSCC) analyst Ross Young, Apple is planning to launch an external 27-inch monitor with a mini-LED display in the first quarter of 2023. Young’s tweet indicated that Apple […]

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Rumor: Apple to release M2-based iPad Pro in fall of 2022, incorporate wireless charging feature into tablet

The rumor mill has is that while Apple is expected to released a new 14-inch iPad Pro in early 2023, the company will release a new round of iPad Pro models in fall 2022, featuring the new M2 chip and wireless charging. Per Bloomberg’s Mark Gurman and his Power On newsletter for Bloomberg, Apple is […]

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Data indicates Netflix is losing both recent and long-term subscribers as streaming market shifts

It can’t always be sunshine, roses, and growth in the streaming market. According to data provided to The Information by research firm Antenna, Netflix appears to be having issues retaining subscribers. The streaming giant reportedly lost 200,000 subscribers last quarter, and potentially close to two million this current period. This news arrives from a note […]

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Apple to announce Q2 2022 earnings report on April 28

Apple has announced that the company will be revealing its earnings for Q2 2022 on April 2022, complete with the customary conference call featuring CEO Tim Cook and CFO Luca Maestri. The investor conference call, which usually occurs shortly after the release of Apple’s financial results, will take place at 2:00 p.m. Pacific, 5 p.m. […]