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Ford to retain Apple CarPlay functionality for the foreseeable future

Even though General Motors (GM) seems to be planning to phase out Apple’s CarPlay for its infotainment system, Ford seems to be looking to keep Apple’s technology in its vehicles for the foreseeable future. In an interview with Joanna Stern of The Wall Street Journal, Ford CEO Jim Farley spoke about the state of built-in […]

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Apple will announce its Q1 2023 earnings on Thursday, February 2

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 […]

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Apple posts $83 billion in revenues, $19.4 billion profit for 3Q 2022

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, […]

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Apple announces $97.3 billion in revenue, $25 billion profit for Q2 2022

Apple on Thursday announced its Q2 2022 earnings, the company posting revenue of $97.3 billion, an increase of 9 percent year over year. Apple reported a profit of $25 billion alongside earnings per share of $1.52. The reports beat estimates of $95.51 billion in revenues, against $89.58 billion for the same quarter last year and […]

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Apple posts $34.6 billion profit on $123.9 billion in revenues for Q1 2022

Apple on Tuesday released its first fiscal quarter earnings report, citing an all-time revenue record with revenues of $123.9 billion. In Q1 2021, Apple reported EPS of US$1.68 on revenue of $111.4 billion, the first time the company topped $100 billion in revenue during a single quarter. The quarterly report reflect a a $34.6 billion […]