Apple’s earnings top analysts’ forecasts, but year-over-year sales drop for third straight quarter
1 year, 5 months ago

Apple’s earnings top analysts’ forecasts, but year-over-year sales drop for third straight quarter

Associated Press  

Apple’s eked out a slightly higher profit last quarter even though sales dipped during the period, a showing that may not be enough to sustain investor enthusiasm that recently made the iPhone maker the first publicly held U.S. company to be valued at $3 trillion. Investors have remained upbeat about Apple’s prospects despite the company’s modest sales erosion, largely because its results have been less wobbly than other major technology companies that suffered steeper slides coming out of pandemic. Apple’s performance capped a succession of mostly positive quarterly reports from Big Tech companies regaining their stride after stumbling through much of year. Apple is still fighting court rulings that would allow iPhone app makers to provide payment options for digital services outside Apple’s own system, which generates 15% to 30% commissions for the company.

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History of this topic

What's Driving Apple's Nearly $4-Trillion Market Valuation? Let's Take A Closer Look
2 weeks, 4 days ago

What's Driving Apple's Nearly $4-Trillion Market Valuation? Let's Take A Closer Look

ABP News  

Apple, the Cupertino-based tech giant that brings iPhones and MacBooks, is on the verge of achieving a groundbreaking $4 trillion market valuation, driven by a surge in its stock price and growing optimism around its artificial intelligence initiatives, as reported by Forbes. Shares Soar, Closing In On Milestone Since November, under CEO Tim Cook, Apple's stock has climbed 16 per …

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft
2 weeks, 4 days ago

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft

India Today  

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand," Morgan Stanley analyst Erik Woodring said …

Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence
3 weeks, 4 days ago

Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence

Firstpost  

According to JPMorgan analyst Samik Chatterjee, the real AI windfall will come with the expected 2025 launch of the iPhone 17. He projects iPhone sales will rise from 230 million units this fiscal year to 251 million the following year Apple’s stock currently trades at 34 times its projected earnings over the next 12 months, making it one of the …

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant
2 months, 1 week ago

Apple's AI-Powered iPhone Sales Resurgence: A Turning Point for the Tech Giant

The Hindu  

Apple's iPhone sales have rebounded after a recent slump, with the company reporting a 6% increase in revenue and profit for the July-September period. The iPhone boost helped Apple deliver total quarterly revenue and profit that exceeded analyst projections, despite an one-time charge of $10.2 billion to account for a recent European Union court decision. The latest quarterly results captured …

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
2 months, 1 week ago

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
5 months, 1 week ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Record breaking Q2 growth in India: Apple
8 months, 1 week ago

Record breaking Q2 growth in India: Apple

The Hindu  

Apple witnessed significant growth in India and the country remains a “major focus” said Apple Inc CEO Tim Cook. ‘’In terms of the operational side or supply chain side, we are producing there, from a pragmatic point of view, you need to produce there to be competitive,’‘ he said referring to India. In another India-involved call-out during the Q2 earnings, …

Apple Stock Buyback Quarterly Earnings Revenue Loss Decline Tim Cook iPhone iPad iOS
8 months, 1 week ago

Apple Stock Buyback Quarterly Earnings Revenue Loss Decline Tim Cook iPhone iPad iOS

ABP News  

Apple on Friday announced its quarterly results, which not only surpassed subdued analyst expectations but also included an unprecedented share buyback initiative. Apple disclosed a 4 per cent increase in its cash dividend alongside a staggering $110 billion stock buyback authorisation, the largest in its history. Reuters Graphics The Cupertino giant reported a 4 per cent decrease in fiscal second-quarter …

Apple’s revenue drops, net sales of iPhone and iPad plunge
8 months, 1 week ago

Apple’s revenue drops, net sales of iPhone and iPad plunge

The Hindu  

Apple reported quarterly revenue of $90.8 billion, which was down 4% year over year, as it noted a drop in the net sales of iPhones, iPads, and wearables in the past one year. While it surpassed low expectations, Apple announced a record $110 billion stock buyback. The premium gadget maker has been looking to put together more of its handsets …

Apple stock rallies over upbeat forecast, record-setting stock buyback
8 months, 1 week ago

Apple stock rallies over upbeat forecast, record-setting stock buyback

Hindustan Times  

Apple Inc. shares jumped in late trading after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. “We believe we are well-positioned.” Cook said Thursday that Apple will stand out from its AI rivals by tightly integrating hardware and software, using in-house chips, and making …

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset
8 months, 1 week ago

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset

NPR  

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest …

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
8 months, 1 week ago

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Associated Press  

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. …

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic
8 months, 1 week ago

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic

LA Times  

The sun is reflected on Apple’s Fifth Avenue store in New York. Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest drop in iPhone sales since the July-September period in …

Apple loses $113 billion in market value after US launches antitrust investigation
9 months, 2 weeks ago

Apple loses $113 billion in market value after US launches antitrust investigation

Hindustan Times  

Apple has been sued by the US Department of Justice and 15 states as it was alleged that the iPhone maker monopolized smartphone market, hurt smaller rivals and drove up prices. If left unchallenged, Apple will only continue to strengthen its smartphone monopoly.” The company is also said to be facing probes in Europe related to whether it is complying …

Apple's shares tanking: Why stock value has fallen 12% in value since Dec 2023’s all-time high
10 months ago

Apple's shares tanking: Why stock value has fallen 12% in value since Dec 2023’s all-time high

Firstpost  

Apple’s slowing sales, numerous court cases, large fine and current AI strategy has caused its stock by about 10 per cent since it reached an all time high in December 2023. This has caused its market cap to go down by $300 billion Apple's slowing sales, numerous court cases, large fine and current AI strategy has caused its stock by …

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge
11 months, 1 week ago

Apple's stock takes a $70 billion hit after earnings calls despite strong earnings, Meta and Amazon surge

Firstpost  

Meta and Amazon witnessed a substantial surge in their stock market values, collectively adding $280 billion, while Apple’s value dipped by $70 billion following the release of their respective quarterly results. In contrast, Apple’s quarterly results exceeded analysts’ expectations, but a 3.3 per cent dip in its stock value occurred as sales in China fell short of estimates. However, analysts …

Amazon and Meta surge after results, while Apple drops
11 months, 1 week ago

Amazon and Meta surge after results, while Apple drops

Live Mint  

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Meta's stock surged over 14% to a record high $451 after the bell, elevating its market capitalization by $148 billion to $1.16 trillion …

Apple China sales lag overshadows quarterly profit, revenue beats
11 months, 1 week ago

Apple China sales lag overshadows quarterly profit, revenue beats

Live Mint  

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Wall Street had been targeting just under $96 billion in sales, a small year-over-year rise, according to LSEG data, compared with Apple's forecast of roughly $90 billion, which is $5 billion below last year's figure. Apple …

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips
11 months, 1 week ago

Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips

Associated Press  

SAN FRANCISCO — Apple snapped out of a yearlong sales funk during its holiday-season quarter, propelled by solid demand for the latest model of its iPhone and still-robust growth in a services division facing legal threats that could undermine its prospects. The modest revenue growth announced Thursday as part of Apple’s October-December results ended four consecutive quarters of year-over-year sales …

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones
1 year, 2 months ago

Apple’s sales fall for the fourth straight quarter despite a strong start for latest iPhones

Associated Press  

Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter with a long history of steady growth that turned it into the world’s most valuable publicly traded company. The slight sales deterioration announced Thursday for the July-September period marked the end of Apple’s fiscal year — a stretch …

Apple results show sales falling – but its big bet on services continues to pay off
1 year, 5 months ago

Apple results show sales falling – but its big bet on services continues to pay off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. By contrast, Cook told Reuters that Apple‘s iPhone sales in China grew by “double digits” and that …

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 5 months ago

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth

Live Mint  

Apple is expected to see decline in iPhone sales due to cautious consumer behaviour and anticipation of new model. Apple is expected to witness a decline in iPhone sales during the April-June quarter, attributed to cautious consumer behaviour in a slow economy as the launch of a new model is anticipated. {{^adFree}} {{/adFree}} Apple, the world's most valuable company, is …

Apple becomes the first publicly traded company to be valued at $3 trillion
1 year, 6 months ago

Apple becomes the first publicly traded company to be valued at $3 trillion

The Hindu  

Apple became the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits. The 47-year-old company co-founded by Silicon Valley legend Steve Jobs had briefly eclipsed a $3 trillion market value on back-to-back days …

Apple secures $3 trillion valuation for second time in iPhone maker's history
1 year, 6 months ago

Apple secures $3 trillion valuation for second time in iPhone maker's history

The Telegraph  

Apple has become a $3 trillion company for the second time in its history as consumers continue to snap up its iPhones despite the cost-of-living crisis. Apple previously briefly notched a $3 trillion market value in January 2022, but failed to maintain that momentum and its shares later fell on the back of supply chain challenges and lockdowns in China. …

iPhones prop up Apple’s latest quarterly earnings of $94.8 billion, sales of iPads, Macs plummets
1 year, 8 months ago

iPhones prop up Apple’s latest quarterly earnings of $94.8 billion, sales of iPads, Macs plummets

Firstpost  

Apple Inc reported their earnings that have gone above forecasts on Thursday, demonstrating the tech giant’s resilience in a slowing global economy thanks to higher-than-expected iPhone sales and significant gains in India and other emerging economies. Apple’s stock gained 2 per cent after the firm topped Wall Street’s revenue and profit projections for the first quarter ended April 1. Also …

Apple avoiding layoffs by cutting travel budget, delaying bonuses and more
1 year, 9 months ago

Apple avoiding layoffs by cutting travel budget, delaying bonuses and more

India Today  

Apple is the only major tech giant which has not resorted to mass layoffs to cut expenses. Recently, it was reported that Apple is delaying bonuses for some corporate employees and limiting its hiring. Apple also doles out bonuses and promotions twice a year to some teams, depending on their performance. --Apple has also paused hiring for some teams, and …

iPhone delays weigh on Apple ahead of holiday season
2 years, 1 month ago

iPhone delays weigh on Apple ahead of holiday season

Live Mint  

Wait times for Apple Inc.’s most expensive smartphones are rising to what analysts say are record levels as the holiday shopping season kicks off, threatening to curb sales at the company’s busiest time of year and derail a rally in the stock. “This could cause some further headwinds for Apple," said Matt Maley, chief market strategist at Miller Tabak + …

Apple saw ‘very strong double-digit growth’ in India during July-Sept.
2 years, 2 months ago

Apple saw ‘very strong double-digit growth’ in India during July-Sept.

The Hindu  

Emerging markets including India continued to perform “incredibly well” for technology giant Apple, helping it to post record revenue of $90.1 billion for the fourth quarter ended September, a growth of 8% from a year earlier. “Across nearly every geographic segment, we reached a new revenue record for the quarter and we continue to perform incredibly well in emerging markets …

Apple’s revenue and profit edge up despite slowing economy
2 years, 2 months ago

Apple’s revenue and profit edge up despite slowing economy

Associated Press  

Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn’t necessarily mean the iPhone maker will be immune to a potential recession. Apple’s fiscal fourth quarter revenue rose 8% from the same time last year to $90.1 billion. The Cupertino, California, company’s profit for …

Apple still thriving as economy slows, despite 3Q profit dip
2 years, 5 months ago

Apple still thriving as economy slows, despite 3Q profit dip

Associated Press  

BERKELEY, Calif. — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession. Apple CEO Tim Cook acknowledged that the Cupertino, California, company isn’t immune to the current economic turbulence squeezing consumer budgets, but maintained a mostly upbeat …

Apple Makes Record Revenue In Q1 2022: Here's How The iPhone Maker Makes Money
2 years, 8 months ago

Apple Makes Record Revenue In Q1 2022: Here's How The iPhone Maker Makes Money

News 18  

Apple recently reported its record quarterly revenue at over $97 billion in Q1 2022, despite the ongoing chip shortage and the supply chain constraints. Out of the $97.2 billion revenue, about $19.8 billion came from Apple’s services, while $77.4 came from Apple products like iPhone, iPad, MacBook, AirPods, and more. Out of the $77.4 billion that Apple made from its …

Apple beats sales estimates with big bumps in iPhones, services
2 years, 8 months ago

Apple beats sales estimates with big bumps in iPhones, services

The Hindu  

Apple Inc on Thursday reported record fiscal second-quarter sales and profit that beat Wall Street estimates as it managed chip shortages and consumers snapped up new iPhones. Apple CFO Luca Maestri in a release cited "continued strong demand for our products," and a record high for sales of services. Apple's overall fiscal second-quarter revenue was $97.3 billion, up 8.6% from …

Intel forecasts gloomy quarter on supply-chain woes, shares fall
2 years, 8 months ago

Intel forecasts gloomy quarter on supply-chain woes, shares fall

The Hindu  

Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations on Thursday on worries of weak demand in its largest end market, PCs, and increased supply-chain uncertainty due to COVID-19 lockdowns in China. Revenue at Intel's Client Computing Group, which supplies PC makers and is the largest contributor to the company's revenue, fell 13% to $9.3 billion in …

Apple Q2 earnings: iPhone maker warns of serious supply headwinds in China
2 years, 8 months ago

Apple Q2 earnings: iPhone maker warns of serious supply headwinds in China

CNN  

CNN Business — Apple topped Wall Street’s estimates in its latest quarter and reported one of the strongest three-month periods in its history on Thursday thanks to record revenues for its services business and strong iPhone sales. CEO Tim Cook kicked off the earning call by recognizing the company’s efforts in Ukraine, such as donating products to support refugees arriving …

Apple posts record sales as chip crunch eases
2 years, 11 months ago

Apple posts record sales as chip crunch eases

The Hindu  

Apple Inc. reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chip shortage that it said has begun easing cost it over $6 billion in revenue. “They’ve navigated the supply chain better than everybody, and it’s showing in the results,” said Ryan Reith, who studies the smartphone market for …

Apple Posts Record Earnings, CEO Tim Cook Credits Innovative Team Effort
2 years, 11 months ago

Apple Posts Record Earnings, CEO Tim Cook Credits Innovative Team Effort

News 18  

Cupertino-based giant Apple has announced an all-time high revenue record of $123.9 billion, up by 11 percent year-on-year for Q1 2022. In an earnings call, Apple CEO Tim Cook announced that the company’s record-breaking results were made possible by its innovative product and services lineup. “This quarter’s record results were made possible by our most innovative lineup of products and …

Analysis | Is Apple worth $3 trillion? Bulls, bears examine the case
3 years ago

Analysis | Is Apple worth $3 trillion? Bulls, bears examine the case

The Hindu  

Is Apple Inc really worth $3 trillion 16 months after becoming the first company valued at $2 trillion? The deep discount investors once ascribed to Apple's stock because of its dependence on the iPhone for sales growth has disappeared as Apple has proved that the device sits at the centre of an expanding solar system that adds new gadgets like …

Apple doubled business in India in fiscal 2021
3 years, 2 months ago

Apple doubled business in India in fiscal 2021

The Hindu  

Technology major Apple doubled its business in India during the fiscal 2021, its chief executive officer Tim Cook has said. We are optimistic about the future, especially as we see strong demand for our new products,” Mr Cook said during the company's fourth quarter earnings conference call on October 28. The company’s CFO Luca Maestri added, “We also reached new …

Apple doubled its business in India, CEO Tim Cook says nearly one-third of the revenue from emerging markets
3 years, 2 months ago

Apple doubled its business in India, CEO Tim Cook says nearly one-third of the revenue from emerging markets

India Today  

During the September quarter earnings call, Apple confirmed that it had a record quarter with $83.4 billion in revenue, which was up 29 per cent year over year. In terms of the Indian market, CEO Tim Cook, during the earnings call, confirmed that Apple doubled its business in India. "Apple set quarterly records in every geographic segment with strong double-digit …

Apple’s strong quarter suffers $6B blow from supply shortage
3 years, 2 months ago

Apple’s strong quarter suffers $6B blow from supply shortage

Associated Press  

SAN RAMON, Calif. — Apple’s iPhone sales soared yet again in the past quarter, but didn’t grow as rapidly as analysts anticipated because of supply shortages that have made it more difficult to meet the demand for a wide range of products. As usual, the iPhone remained Apple’s financial engine, with sales of the device rising 47% from last year …

Microsoft nearly overtakes Apple as most valuable company
3 years, 2 months ago

Microsoft nearly overtakes Apple as most valuable company

The Hindu  

A surge in Microsoft Corp's shares nearly unseated Apple Inc as the world's most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results. Fuelled by strong quarterly growth in its Azure cloud-computing business, Microsoft's shares jumped 4.2% to end at a record $323.17, elevating the software maker's market capitalisation to $2.426 trillion, just short of …

Apple, Microsoft, Alphabet report combined profits of more than $50B in the third quarter
3 years, 5 months ago

Apple, Microsoft, Alphabet report combined profits of more than $50B in the third quarter

Firstpost  

The iPhone 12 is shaping up to be Apple’s most popular model in several years, largely because it’s the first to work on the 5G networks. Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we …

Apple, Alphabet and Microsoft report combined profits of more than $50B
3 years, 5 months ago

Apple, Alphabet and Microsoft report combined profits of more than $50B

India TV News  

Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live. With iPhone sales posting double-digit growth over the previous year for the third consecutive quarter, Apple’s profit and revenue for the April-June period easily exceeded …

Apple soars past sales, profit targets with strong iPhone demand, warns of supply constraints
3 years, 8 months ago

Apple soars past sales, profit targets with strong iPhone demand, warns of supply constraints

The Hindu  

Apple Inc on Wednesday posted sales and profits far ahead of Wall Street expectations and announced a $90 billion share buyback as customers continued to upgrade to 5G iPhones and snapped up new Mac models with Apple's house-designed processor chips. For the fiscal second quarter ended March 27, Apple said sales and profits were $89.6 billion and $1.40 per share, …

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business
3 years, 8 months ago

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business

News 18  

Cupertino-based giant Apple yesterday posted its latest earnings report yesterday, where the company showed a strong ongoing demand for iPhone 12 in Q1 2021. Apple Chief Executive Tim Cook said on an investor call that Apple avoided a chip shortage in the fiscal quarter by burning through supply buffers. In the current quarter, however, the chip shortage could cost Apple …

Apple MacBook, iPad likely to have a limited supply later this year, company warns
3 years, 8 months ago

Apple MacBook, iPad likely to have a limited supply later this year, company warns

India Today  

Apple posted record earnings for its MacBook and services for the second quarter of 2021 at its recent earnings call. Speaking to analysts during the earnings call, Apple CEO Tim Cook noted an expected supply constraint in quarter 3 of 2021. Apple CFO Luca Maestri noted on the conference call that the limited supply could cost the company somewhere between …

Apple Revenue Growing Further After Cupertino-Based Giant Set Record for iPhone Sales
3 years, 11 months ago

Apple Revenue Growing Further After Cupertino-Based Giant Set Record for iPhone Sales

News 18  

Apple on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57 percent rise in China sales. He also said the company’s services segment revenue faced a tough comparison to the year before, when the pandemic lifted sales, and that year-over-year growth …

Apple’s All Time Record Revenue Numbers Have A Very Distinct India Flavour
3 years, 11 months ago

Apple’s All Time Record Revenue Numbers Have A Very Distinct India Flavour

News 18  

Apple has released the latest quarterly numbers and they are, well, record breaking. India continues to play an even more important role for Apple, and the strong showing in India in the winter quarter has no doubt helped boost these revenue numbers further. While speaking about Apple’s push to register an even higher market share in India, he said, “There …

Apple Posts Record Quarterly Results in India; Services and Mac Witness All-Time High
4 years, 2 months ago

Apple Posts Record Quarterly Results in India; Services and Mac Witness All-Time High

News 18  

Apple announced its quarterly results in an earnings call on Thursday, October 29. The Cupertino-based giant said that the July-September quarter saw record revenues at $64.7 billion despite the coronavirus pandemic, due to strong sales in international markets like India and record revenues from its Mac computers and services. Apple CEO Tim Cook, during the earnings call with investors said …

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