Tag: guidance

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Apple announces $33.9 billion profit on $119.6 billion in revenue for Q1 2024 results

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 […]

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Apple posts $117.2 billion in revenues, $30 billion profit for Q1 2023

Last week, Apple posted revenues of $117.2 billion and a net quarterly profit of $30.0 billion for its Q1 2023 financial statement, The company’s revenue was down approximately 5 between year-over-year between Q1 2022 and Q1 2023, a steeper decline than had been expected by analysts as Apple grappled with iPhone supply issues in particular […]

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Apple announces Q2 2021 earnings call for Wednesday, April 28th

Apple has announced that the company will release its quarterly earnings call for the second fiscal quarter of 2021. The earnings call will be held on April 28, and is expected to take place at 2:00 PM PT (5:00 PM ET). Apple CEO Tim Cook and chief financial officer Luca Maestri are expected to detail […]

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Apple releases COVID-19 app update, offers fixes, changes based on CDC guidance

Apple on Thursday released a substantial updated to its COVID-19 app and website, including both bug fixes and significant new information. Updates include new recommendations for healthcare workers to align with CDC guidelines, best practices for quarantining if you’ve been exposed to COVID-19, and new information for pregnancy and newborns. As of April, Apple responded […]

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Apple announces that it will miss quarterly guidance, iPhone sales estimates, due to coronavirus outbreak

Even a giant can be temporarily hobbled by sickness. Apple has revised its quarterly guidance downward not just a as a result of lowered sales in China because of the coronavirus, but also because of production problems in the country that are just now starting to be overcome. The company issued the following statement on […]