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Apple announces Q4 2020 earnings call for Thursday, October 29th

If you’re interested in Apple’s (and your) financial future, then try to free up some time around the 29th. Apple has scheduled its Q4 2020 earnings call for Thursday, October 29 at 2PM PT/5PM EST. You can listen to the conference call being streamed as it happens via the link below. During Apple’s fiscal quarter 3 […]

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Rumor: Apple producing 23-inch iMac, “low-cost” 11-inch iPad Air to be released this year

A new report that surfaced via the China times has indicated that Apple may be planning to unveil a new 23-inch iMac this year, alongside a new 11-inch iPad Air. The report states that the 11-inch iPad could be this year’s “low-cost iPad Air,” will feature an increased screen size of “almost 11 inches” and […]

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Apple reports $64 billion in revenues, $14.1 billion profit, for Q4 2019 earnings statement

Apple on Wednesday submitted its fiscal fourth quarter results, complete with record revenues of $64 billion and a profit of $14.1 billion for the quarter. “We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” Apple CEO Tim Cook said in a statement. “With […]

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Accessory Finance iPad iPhone News retail Wearables

Apple posts Q1 2019 revenue of $84.3 billion, net profit of $19.3 billion, misses earnings guidance

There are times when even a net profit of $19.9 billion is below expectations. Apple on Tuesday announced its Q1 2019 profits, which were decidedly lower than the initial guidance of $89 billion to $93 billion. For the holiday quarter, Apple posted revenue of $84.3 billion and a net profit of $19.9 billion, a 5 […]

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Apple revises guidance for Q1 2019, predicts lower revenues between $5 billion and $9 billion for the quarter

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