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Analyst Ming-Chi Kuo predicts iPhone production may not see significant improvement until Q2 2020 due to Corona virus delays

The Corona virus is taking its toll on the world, and Apple’s iPhone production may not significantly improve until the second quarter of 2020. This is the conclusion of respected Apple analyst Ming-Chi Kuo, who sent this opinion out in a research note. In the past few weeks, Kuo has warned of delays and low labor return […]

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Apple Finance

Apple posts $58 billion revenues for Q2 2019 financial results, $11.5 billion profit, down 5% from Q2 2018

Apple on Tuesday announced the results for its second fiscal quarter of 2019. The company reported revenues of $58 billion for the quarter, which was down 5 percent from a year ago. Apple also highlighted Services revenues of $11.5 billion, and announced a $75 billion stock repurchase program. “Our March quarter results show the continued […]

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Apple Watch News retail Wearables

Canalys data sheet estimates 3.5 million Apple Watch units sold during Q2 of 2018

Apple shipped an estimated 3.5 million Apple Watch units worldwide for the second quarter of 2018 according to new data shared today by analytics firm Canalys. The number marks a 30 percent improvement from the number of watched sold a year ago during the second quarter of 2017. The primary difference between the two quarters […]

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Finance iPad iPhone News retail

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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AirPods Apple Watch Finance iPad iPhone News retail Wearables

Apple reports $88.3 billion in revenue for Q1 2018

Even if iPhone X sales are slumping, Apple still reported a record-breaking $88.3 billion in revenue for the quarter ending on December 31st, 2017. This represents a 13 percent increase over last year’s $78.4 billion. The company managed to sell 77.3 million iPhones in the three-month holiday quarter, about a million less than last year, […]