Apple on Thursday announced that the company will announce its earnings for the first quarter of 2023 (the fourth calendar quarter) on Thursday, February 2. The first quarter earnings call will provide some insight into holiday sales of the iPhone 14 models, the Apple Watch Series 8 and Ultra, new iPad models, and the AirPods […]
Tag: profit
The rumor mill has Apple as beginning mass production of its long-awaited mixed-reality headset in Mach 2023. According to DigiTimes, Pegatron will be the exclusive partner for the final assembly of Apple’s mixed-reality headset. Initial production was said to be very limited. Its price point will be too high for the consumer market, hence initial […]
Apple posts $83 billion in revenues, $19.4 billion profit for 3Q 2022
Apple on Thursday announced the financial results for its third fiscal quarter of 2022. For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter. Gross margin for the quarter stood at 43.3 percent, […]
During its WWDC 2022 keynote, Apple announced its new “Apple Pay Later” program, which is set to debut this fall and allows shoppers to break their payments for purchases into four equal installments, over six weeks. The company is apparently also handling the lending through the use of its new wholly-owned subsidiary, as opposed to […]
Apple on Thursday announced its Q2 2022 earnings, the company posting revenue of $97.3 billion, an increase of 9 percent year over year. Apple reported a profit of $25 billion alongside earnings per share of $1.52. The reports beat estimates of $95.51 billion in revenues, against $89.58 billion for the same quarter last year and […]