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 […]
Tag: margin
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 […]
Apple on Tuesday announced the results of its third quarter for 2021. The company posted revenues of $81.4 billion with a net quarterly profit of $21.7 billion, compared to revenue of $59.7 billion and net quarterly profit of $11.25 billion, in the year-ago quarter. Apple’s top-line numbers shattered June quarter records for the company. Gross […]
Apple announced on Monday that the company would release its Q3 2019 earnings on July 30th. Following the release of the earnings, the company will hold a conference calls with investors and analysts at 2PM PT/5PM ET. Apple has released the following guidance for the event: Revenue between $52.5 billion and $54.5 billion Gross margin […]
For the first time in years, Apple adjusted its first-quarter earnings for the upcoming fiscal year, its 2019 estimates reading as follows: Revenue of approximately $84 billion Gross margin of approximately 38 percent Operating expenses of approximately $8.7 billion Other income/(expense) of approximately $550 million Tax rate of approximately 16.5 percent before discrete items