Even a giant can be temporarily hobbled by sickness. Apple has revised its quarterly guidance downward not just a as a result of lowered sales in China because of the coronavirus, but also because of production problems in the country that are just now starting to be overcome. The company issued the following statement on […]
Tag: quarter
Sometimes you have to tighten the belt a bit, even when your company was recently valued at a cool trillion smackers. Apple will reportedly reduce the number of people it is going to hire. The decision follows its much-discussed revenue miss for the last quarter and concerns about iPhone sales numbers. Following Tim Cook’s recent […]
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 […]
Apple announced that it will release its quarterly earnings for its second fiscal quarter of 2018 on May 1st. The forthcoming report and following conference call will be held on Tuesday, May 1 at 2 p.m. Pacific, 5 p.m. Eastern. Apple CEO Tim Cook and CFO Luca Maestri are anticipated to provide detail on the […]
If you want to know how Apple’s doing financially, check in on August 1st. Apple on Wednesday announced that it will reveal quarterly earnings for the third fiscal quarter of 2017, traditionally the slowest sales period of the year for the company. The upcoming earnings report is to be followed by a live-streamed conference call […]