Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]
Tag: revenue
Apple announced that it will release its quarterly earnings for its second fiscal quarter of 2018 on May 1st. The forthcoming report and following conference call will be held on Tuesday, May 1 at 2 p.m. Pacific, 5 p.m. Eastern. Apple CEO Tim Cook and CFO Luca Maestri are anticipated to provide detail on the […]
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, […]
On Wednesday, chipmaker Qualcomm filed suit against Apple, claiming Apple has failed to abide by the terms of a software license and said it may have used its unprecedented access to that code to help Qualcomm-rival Intel Corp. The two companies are now engaged in a lawsuit over technology licensing fees that Qualcomm charges for […]
Apple’s next financial earnings report is slated for November 2nd. The company announced that it will hold its Q4 2017 earnings call on November 2nd with a call following shortly thereafter at 2PM PT/5PM ET. Apple reported revenue of $45.5 billion last quarter on sales of 41 million iPhones, 11.4 million iPads, and 4.29 million […]