Apple had another excellent quarter, even if its sales dipped somewhat. The company on Thursday reported its second quarter 2024 earnings, posting revenue of $90.8 billion for the quarter, a 4 percent decline year over year, along with $23.6 billion in profit. iPhone sales weighed in at $46 billion in revenue for the quarter, a […]
Tag: Finance
When in doubt, play by the rules. Apple on Thursday confirmed that the company will be bringing all of the app ecosystem changes made to iOS in the European Union to iPadOS in the fall. Earlier this week, the European Commission said that iPadOS is also a gatekeeper platform under the Digital Markets Act. Following […]
As is sometimes the custom, Apple may have snagged yet another company that specializes in artificial intelligence to help move it closer to its technological milestones. Apple is reported to have acquired Datakalab, a Paris, France-based startup specializing in both AI compression as well as computer vision technology. Per French business magazine Challenges, the acquisition […]
TSMC is about to get a hefty chunk of funding from the United States government. The United States Commerce Department on Monday announced that it will be allocating a $6.6 billion subsidy to chip manufacturer TSMC for the advancement of semiconductor production in Phoenix, Arizona. TSMC will also receive $5 billion in loans and be […]
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 […]