You might want to carve out a few hours for Apple’s financial returns on May 2nd. Per MacRumors, Apple on Thursday announced that its next quarterly earnings conference call will be held on Thursday, May 2, at 2 p.m. Pacific Time. As usual, the call will be streamed live on Apple’s investor website, Apple’s CEO […]
You can’t sneeze at a quarterly profit of $33.9 billion. Apple on Thursday announced its Q1 quarterly results, which correspond to the fourth quarter of 2023. During the announcement, the company posted revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, compared to revenue of $117.2 billion and […]
Apple once again posted a commanding revenue for the quarter, but also reported a continued drop in sales for the fourth consecutive quarter. The company’s Q4 2023 report cited a revenue of $89.5 billion in revenue, down from the $90.1 billion reported in Q4 2022. The iPhone revenue rose from $42.6 billion in Q4 2022 […]
The numbers aren’t where Foxconn, Apple’s primary supplier, would like them to be. Foxconn recently reported a 56 percent decline for its first-quarter net profit, a number that represented its largest quarterly decline in three years, the company falling far short of forecasts. During the January-March quarter, Foxconn disclosed a decline in net profit to […]
Even though General Motors (GM) seems to be planning to phase out Apple’s CarPlay for its infotainment system, Ford seems to be looking to keep Apple’s technology in its vehicles for the foreseeable future. In an interview with Joanna Stern of The Wall Street Journal, Ford CEO Jim Farley spoke about the state of built-in […]