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Apple posts 3Q 2020 results, cites $59.7 billion revenue, $11.25 billion profit for the quarter

Apple on Thursday announced the financial results for the third quarter of 2020, and considering the economic circumstances, they’re pretty amazing. The company posted a revenue of $59.7 billion with a net quarterly profit of $11.25 billion. Both revenue and earnings per share were June quarter records. The gross margin for the quarter stood at […]

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Apple posts $91.8 billion in revenue, $22.2 billion profit for Q1 2020

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 […]

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Apple reports $64 billion in revenues, $14.1 billion profit, for Q4 2019 earnings statement

Apple on Wednesday submitted its fiscal fourth quarter results, complete with record revenues of $64 billion and a profit of $14.1 billion for the quarter. “We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” Apple CEO Tim Cook said in a statement. “With […]

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Apple announces Q3 2019 revenue of $53.8 billion, net quarterly profit of $10 billion

Apple announced its Q3 2019 numbers today, citing $53.8 billion in revenue, its services division reaching a new high. The revenues are up one percent year-on-year from the same quarter in 2018, which saw revenue of $53.3 billion. “This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth […]

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Apple announces Q3 2019 earnings event for July 30th

Apple announced on Monday that the company would release its Q3 2019 earnings on July 30th. Following the release of the earnings, the company will hold a conference calls with investors and analysts at 2PM PT/5PM ET. Apple has released the following guidance for the event: Revenue between $52.5 billion and $54.5 billion Gross margin […]