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Apple posts $61.1 billion in revenue, profit of $13.8 billion for Q2 2018 results

Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]

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Hardware HomePod iPhone News

TechInsights estimates HomePod manufacturing costs around $216 per unit, Apple aiming for lower profit margin than found on iPhone line

The guesstimates are in and it looks like Apple shells out $216 to build each HomePod unit, meaning margins from the tech giant’s first smart speaker are much slimmer than those of its flagship iPhone line. If the estimate is correct, this means Apple generates a profit margin around 38 percent with each $349 HomePod […]

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Finance News

Apple to hold Q4 2017 earnings call on November 2nd

Apple’s next financial earnings report is slated for November 2nd. The company announced that it will hold its Q4 2017 earnings call on November 2nd with a call following shortly thereafter at 2PM PT/5PM ET. Apple reported revenue of $45.5 billion last quarter on sales of 41 million iPhones, 11.4 million iPads, and 4.29 million […]

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Finance News

Apple announces Q4 2016 earnings call for Thursday, October 27th

Apple on Monday noted that it would hold its fourth quarter earnings call on Thursday, October 27th. The call will be held at the standard time of 2PM PT/5PM ET, with the earnings release itself being sent out roughly thirty minutes before then. The earnings call will be important in that it can show how […]

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Finance News

Apple to announce third quarter earnings on Tuesday, July 21st

Come Tuesday, July 21st, you shall learn exactly how much money Apple has made this quarter. I mean, that’s the point of quarterly statements. Apple announced that it will announce its quarterly earnings for the third fiscal quarter (second calendar quarter) of 2015 on Tuesday, July 21. The quarterly earnings statement will be released around […]