You might want to carve out a few hours for Apple’s financial returns on May 2nd. Per MacRumors, Apple on Thursday announced that its next quarterly earnings conference call will be held on Thursday, May 2, at 2 p.m. Pacific Time. As usual, the call will be streamed live on Apple’s investor website, Apple’s CEO […]
Every so often, Apple goes shopping for businesses or technologies it believes will be useful down the road. The company acquired Canada-based DarwinAI earlier this year as part of an effort to build out its AI team. DarwinAI created AI technology for inspecting components during the manufacturing process, and it also had a focus on […]
After a decade-long effort, Apple has officially canceled its effort to build an electric car. Per Bloomberg, the move was announced internally by Apple COO Jeff Williams and Kevin Lynch, who had been leading the Apple Car project since 2021. “Apple’s most senior executives finalized the decision in recent weeks,” the report says. The project […]
Apple is looking to improve upon its next-generation processors’ artificial intelligence capabilities. Per a new report from the Taiwanese publication Economic Daily News, Apple’s next-generation A18 and M4 chips for the future iPhone, iPad, and Macs will feature an upgraded Neural Engine with “significantly” more cores. An upgraded Neural Engine would improve performance for AI/machine […]
You can’t sneeze at a quarterly profit of $33.9 billion. Apple on Thursday announced its Q1 quarterly results, which correspond to the fourth quarter of 2023. During the announcement, the company posted revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, compared to revenue of $117.2 billion and […]