There are lucrative quarters. This was definitely one of ’em. Apple’s Q1 2020 conference call took place on Tuesday, the company announcing revenues of $91.8 billion and profits of $22.2 billion. This marks an all-time record for both net income and revenue, according to Apple. Apple CEO Tim Cook offered the following about Apple’s Q1 […]
Tag: Q1
Per noted analyst Ming-Chi Kuo, the iPhone SE 2 will appear in Q1 2020, and will feature the form factor of an iPhone 8. Kuo also stated that the handset will incorporate a 4.7-inch display, a home button with Touch ID, and an A13 CPU with 3GB of LPDDR4X RAM. “We forecast that Apple will […]
There are times when even a net profit of $19.9 billion is below expectations. Apple on Tuesday announced its Q1 2019 profits, which were decidedly lower than the initial guidance of $89 billion to $93 billion. For the holiday quarter, Apple posted revenue of $84.3 billion and a net profit of $19.9 billion, a 5 […]
For the first time in years, Apple adjusted its first-quarter earnings for the upcoming fiscal year, its 2019 estimates reading as follows: Revenue of approximately $84 billion Gross margin of approximately 38 percent Operating expenses of approximately $8.7 billion Other income/(expense) of approximately $550 million Tax rate of approximately 16.5 percent before discrete items
Even if iPhone X sales are slumping, Apple still reported a record-breaking $88.3 billion in revenue for the quarter ending on December 31st, 2017. This represents a 13 percent increase over last year’s $78.4 billion. The company managed to sell 77.3 million iPhones in the three-month holiday quarter, about a million less than last year, […]