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Apple releases Q4 2024 earnings, cites $94.9 billion in revenue, $14.7 billion profit for the quarter

Apple had a fair amount to brag about during its fourth quarter 2024 earnings call on Thursday, the company posting revenue of $94.9 billion for the quarter, a 6 percent increase year over year, and a record for the quarter. The company reported $14.7 billion in profit. Apple saw continued growth in its Services division, […]

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Apple TV Apple Watch Finance iPad iPod News

Apple discloses $1.69 billion increase in “Other Products” division, could be directly attributable to Apple Watch sales

Although Apple has yet to disclose any specific sales numbers for the Apple Watch, they may have tipped their hand a bit with the company’s most recent financial report. A figure within the report states that Apple’s “Other Products” division climbed by more than US$1.69 billion in sales by the end of September. As part […]

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Finance iTunes Music Store News Software

Apple reports falling iTunes Music Store numbers in SEC filing

iTunes Music Store downloads are falling. And the numbers aren’t pretty. According to VentureBeat, in a securities filing with the Securities and Exchange Commission, Apple reported declining iTunes Music Store numbers. “Growth in net sales from the iTunes Store was driven by increases in revenue from app sales reflecting continued growth in the installed base […]

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Finance

Nvidia Admits to “Ongoing” Failure Problem in Some Notebooks During SEC Filing

Graphics processor firm Nvidia formally stated that some notebooks utilizing its chips continue to have “failure” issues, in a filing with the Securities and Exchange Commission on Wednesday. Per cnet, Nvidia stated that though it does not continue to see “abnormal failure rates” in systems using Nvidia products,” some notebooks are still affected. “We continue […]