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Apple confirms that 2020 model iPhones will launch “a few weeks later” than usual this year

You’ll have to wait a few additional weeks for the swanky new iPhone this year. During its quarterly conference call, Apple CFO Luca Maestri stated that the “iPhone 12” will launch later than its usual September timeframe. Maestri stated that Apple projects supply of its 2020 devices to debut “a few weeks later.” Given of […]

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Apple Business Finance Health News retail

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 […]