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Simply Mac chain to shut down, enter Chapter 7

After 16 years of business, Apple authorized retail and service provider Simply Mac has announced that it is shutting down as a result of pandemic-related financial difficulties. In a letter to staff members, Simply Mac CEO Rein Voigt said that it is shutting down its operations and terminating all employees effective immediately. Per the letter: […]

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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 $83.4 billion in revenues, $20.5 billion profit for Q4 2021

Apple posted $83.4 billion in revenue for its fourth quarter of 2021, leading to a $20.5 billion profit, missing Wall Street expectations, but still showing strong growth along its assorted product categories. The company published its Q4 2021 earnings on Thursday shortly before a call with investors. Apple’s $83.4 billion in revenue represents year-over-year growth […]

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Apple announces Q3 2021 earnings call for July 27

Apple on Wednesday announced that will report and discuss earnings results for the company’s third fiscal quarter of 2021 on Tuesday, July 27. The company also announced that it will be holding a call with analysts. The call is scheduled for 2 p.m. Pacific (5 p.m. Eastern) on Tuesday, typically lasts an hour, and will […]

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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 […]