Phone > Note

First trillion dollar company? Apple closes in on title with strong third-quarter earnings

4 monthes ago   |   By Tech Radar

Apple third quarter earnings were never supposed to be exciting - it hasn't had a big hardware launch in months and we don't expect new iPhones until September. However, a mix of strong revenue today and a market valuation that's closing in on $1 trillion are hyping Apple's stock price to record levels in after hours trading. To become the first $1 trillion company , Apple's stock price needs to cross $203, which is 3% above its its current price, notes 9to5mac. The company stock price currently sits at $190.30 and reached an all-time high of $195.96, which would put Apple at $990bn when...
Read more ...

 

Apple CEO Tim Cook 'The Smartphone Market is Very Healthy'

Apple CEO Tim Cook 'The Smartphone Market is Very Healthy'

4 monthes ago   |   By Mac Rumors

During today's earnings call covering the third fiscal quarter of 2018, Apple CEO Tim Cook was questioned about the health of the smartphone market and the impact the company's choice to offer low-cost battery replacements might have on replacement cycles.
In response, Cook said that he believes the smartphone market is "very healthy. "It's the best market to be in for someone in the business that we're in," said Cook. "Whether it grows one percent or two percent or five percent or six percent or 10 percent or shrinks one or two percent, it's a great market because it's just huge." iPhone...
Read more ...

 

Transcript: Apple CEO Tim Cook on the company's 2018 Q3 earnings

Transcript: Apple CEO Tim Cook on the company's 2018 Q3 earnings

4 monthes ago   |   By iMore

Apple's second-quarter results for 2018 are in. Here's our transcript of the call.
Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts during the company's Q2 2018 earnings call. Here's our ongoing live transcript of their remarks!
If you want more info on Apple's results, we recommend checking out the awesome charts from Six Colors .
Cook's opening remarks
Tim Cook
Thank you, Nancy, and thanks to everyone for joining us.
Today we're proud to report our best June quarter revenue and earnings ever, thanks to the strong performance of iPhone, services, and wearables. We generated...
Read more ...

 

Apple's Q3 2018 earnings call: iPhone X and subscriptions drove growth

Apple's Q3 2018 earnings call: iPhone X and subscriptions drove growth

4 monthes ago   |   By VentureBeat

After releasing record third-quarter financial results today, Apple CEO Tim Cook and CFO Luca Maestri hosted their quarterly live question-and-answer session for financial analysts. We are covering the session live, with updates below in chronological order as the call proceeds. Today's Q&A comes as Apple's executives once again cel...
Read more ...

 

Apple wearables revenue rises 60 percent, tops $10bn sales over last four quarters

Apple wearables revenue rises 60 percent, tops $10bn sales over last four quarters

4 monthes ago   |   By 9to5Mac

Apple just reported earnings - and as ever the company does not break out unit sales of Apple Watch. However, Apple's wearables business, which includes Apple Watch and AirPods, continues to be strong. Apple told the FT that wearables revenue is up 60 percent year-over-year.
more...
Read more ...

 

Apple Reports 3Q 2018 Results: $11.5B Profit on $53.3B Revenue and 41.3M iPhones

Apple Reports 3Q 2018 Results: $11.5B Profit on $53.3B Revenue and 41.3M iPhones

4 monthes ago   |   By Mac Rumors

Apple today announced financial results for the third fiscal quarter of 2018, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $53.3 billion and net quarterly profit of $11.5 billion, or $2.34 per diluted share, compared to revenue of $45.4 billion and net quarterly profit of $8.7 billion, or $1.67 per diluted share, in the year-ago quarter .
Gross margin for the quarter was 38.3 percent compared to 38.5 percent in the year-ago quarter, with international sales accounting for 60 percent of revenue. Apple also declared a quarterly...
Read more ...

 

Apple reports record $53.3 billion revenue in Q3 2018, led by iPhone

Apple reports record $53.3 billion revenue in Q3 2018, led by iPhone

4 monthes ago   |   By VentureBeat

Apple today announced its financial results for the third quarter of 2018, reporting quarterly revenue of $53.3 billion on sales of 41.3 million iPhones, 11.553 million iPads, 3.72 million Macs, and $9.548 billion in services. The company had offered a revenue guidance range between $51.5 billion and $53.5 billion for the quarter, up from the third...
Read more ...

 

Apple Q3 2018: 41.3M iPhones, 11.6M iPads, 3.7M Macs

Apple Q3 2018: 41.3M iPhones, 11.6M iPads, 3.7M Macs

4 monthes ago   |   By iMore

Apple has just announced its financial results for Q2 2018, covering the period between April 1 and June 30, 2018. The company sold 41.3M iPhones, 11.6M iPads, and 3.7M Macs. The company's quarterly revenue was $53.3 billion.
Press release:
Apple Reports Third Quarter Results
Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records
Services Revenue Reaches New All-Time High
July 31, 2018 04:30 PM Eastern Daylight Time
CUPERTINO, Calif.--Apple® today announced financial results for its fiscal 2018 third quarter ended June 30, 2018. The Company posted quarterly revenue of...
Read more ...

 

Apple Expected to Report Its Best Third Quarter Ever Today

Apple Expected to Report Its Best Third Quarter Ever Today

4 monthes ago   |   By Mac Rumors

Apple is set to report its earnings results for the third quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today.
The quarter began April 1, 2018 and ran through June 30, 2018, according to Apple's fiscal year accounting calendar.
Apple provided the following guidance for the quarter back on May 1 : revenue of $51.5 billion to $53.5 billion gross margin between 38 and 38.5 percent op. ex. of $7.7 billion to $7.8 billion other income/expense of $400 million tax rate of approximately 14.5 percent Apple's guidance suggests it will report its best third quarter results ever, by...
Read more ...

 


Search by Tags

   Note      Tech      Apple      Digital      Open      Hardware      IPhone      Smartphones      One      Smartphone      Business      Health      IPhone X      Tim Cook      IPhone Slowdown      Wearables      Wearable      Hosting      Mobile      2018      Category-      Business & Industrial      Computers & Electronics      Internet & Telecom      News      Business News      Company News      China      Conference call      Financial results      IPad      Mac      Q3 2018      Third quarter      Trade      U.S.      Mac      Earnings      Apple watch      Software      International      Wearables      Finances      Yahoo      Finance      AAPL  


Samsung Kills Headphone Jack in Latest Smartphone After Years of Mocking Apple

Samsung Kills Headphone Jack in Latest Smartphone After Years of Mocking Apple

Samsung today introduced its latest smartphone, the Galaxy A8s. It is Samsung's first smartphone with an Infinity-O display, which has a truly edge-to-edge, uninterrupted... Read more ...

Google brings the Lens visual search feature to its iOS search app

Google brings the Lens visual search feature to its iOS search app

Google Lens is a feature that uses a phone's camera to provide a visual search of the image seen in the viewfinder. If it is a product that Lens recognizes, it will tell you... Read more ...

Nintendo Trademark Filings Hint At New Mobile Games

Nintendo Trademark Filings Hint At New Mobile Games

We know that Nintendo is very interested in creating games for mobile, a narrative that was different several years ago when the company was largely against mobile gaming. Now... Read more ...

Apple Seeds First Beta of iOS 12.1.2 to Developers With 'Bug Fixes and...

Apple Seeds First Beta of iOS 12.1.2 to Developers With 'Bug Fixes and Improvements'

Apple today seeded the first beta of an upcoming iOS 12.1.2 update to developers, five days after releasing iOS 12.1.1 , an update that introduced a revamped FaceTime layout... Read more ...

Qualcomm says a Chinese court has banned iPhone sales nationwide

Qualcomm says a Chinese court has banned iPhone sales nationwide

Enlarge / A Chinese woman reacts while setting up the facial recognition feature on her iPhone X inside an Apple showroom in Beijing in 2017. Qualcomm says a Chinese court has... Read more ...

Huawei supplier will fine workers who buy an Apple iPhone

Huawei supplier will fine workers who buy an Apple iPhone

The U.S. and China are hardly the best of friends right now. Besides a trade war that has seen both sides impose tariffs on imports from each country, the latest news involving... Read more ...

Honor View 20: 48 Megapixel Camera & Full-View Display

Honor View 20: 48 Megapixel Camera & Full-View Display

Jimmy Xiong, General Manager of HONOR Product We were in Hong Kong as Honor announced the Honor View 20 , the successor to last year's Honor View 10 phone. The Honor View 20... Read more ...

Google Home Hub Unboxing

Google Home Hub Unboxing

Google's Home Hub smart display is the company's first such device, and in true Google form it brings some notable new features to the space. We unboxed Google's most... Read more ...

OnePlus 6T Screen Unlock in-display fingerprint sensor gets better as you...

OnePlus 6T Screen Unlock in-display fingerprint sensor gets better as you use it, here's how

In-display fingerprint sensors, for better or for worse, are going to be the next big thing in Android smartphones. The OnePlus 6T was one of the first “mainstream” devices to... Read more ...

Amazon's 12 days of deals: the best electronic deals today

Amazon's 12 days of deals: the best electronic deals today

Amazon's '12 Days of Deals' promotion only has a few days left, and so far the deals have included everything from toys and clothing to laptops and gaming accessories. Amazon's... Read more ...