Apple Made More Money From Gaming Than Giants Like Nintendo And Microsoft
2 years, 6 months ago

Apple Made More Money From Gaming Than Giants Like Nintendo And Microsoft

News 18  

Apple is a technology behemoth and we already knew that, but did you know that the company managed to earn more in revenue from gaming than hard-core brands like Nintendo? According to a new report, Apple earned the third-highest revenue among the so-called gaming giants, just behind China’s Tencent and Sony from Japan. But the surprising bit is that Apple is ahead of names like Microsoft and even Nintendo that have hard-core gaming products like the Xbox console and the Switch portable gaming console, respectively. The report notes that Microsoft earned $12.9 billion, while Nintendo was way below the list with a revenue of $8.1 billion last year.

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History of this topic

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
3 months, 3 weeks ago

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

The Independent  

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Apple is world's most valuable company again after Microsoft briefly took title
6 months, 1 week ago

Apple is world's most valuable company again after Microsoft briefly took title

Hindustan Times  

Apple overtook Microsoft becoming the world’s most valuable company again flanked by improving investor sentiment over its growth and position with artificial intelligence. Since January, this marks the first time that Apple closed with a higher market value than Microsoft. Earlier this week, Apple closed in third place behind Nvidia Corp. Rhys Williams, chief strategist at Wayve Capital Management, said, …

Nvidia passes Apple in market cap as second-most valuable public US company
6 months, 2 weeks ago

Nvidia passes Apple in market cap as second-most valuable public US company

Hindustan Times  

Nvidia passed Apple in market cap and is now the second-most valuable public company, behind Microsoft. The company hit a $3 trillion market cap milestone after shares rose over 5%. Microsoft is the most valuable publicly traded company with a market cap of $3.15 trillion. Apple was the first company to cross all milestones of $1 trillion, $2 trillion and …

Microsoft becomes world's most valuable company overtaking Apple
11 months, 1 week ago

Microsoft becomes world's most valuable company overtaking Apple

India TV News  

In the race to be the most valuable IT company, Microsoft overtook Apple on Thursday. Washington-based Microsoft became the world's most valuable company after the iPhone maker's shares made a weak start to 2024 due to growing concerns over demand. What analyst said DA Davidson analyst Gil Luria said, "It was inevitable that Microsoft would overtake Apple since the former …

Nintendo’s profit dips slightly as Switch console sales slow
2 years, 7 months ago

Nintendo’s profit dips slightly as Switch console sales slow

Associated Press  

TOKYO — Nintendo’s profit for the fiscal year ended in March was little changed from the previous year, edging down 0.6% to 477.7 billion yen, the Japanese video game maker behind the Super Mario and Pokemon franchises said Tuesday. Sales for the fiscal year fell 3.6% to 1.7 trillion yen as fewer Nintendo Switch machines were sold, and IP income …

Nintendo's profit dips slightly as Switch console sales slow
2 years, 7 months ago

Nintendo's profit dips slightly as Switch console sales slow

The Independent  

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Apple Makes Record Revenue In Q1 2022: Here's How The iPhone Maker Makes Money
2 years, 7 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 …

Analysis | Is Apple worth $3 trillion? Bulls, bears examine the case
2 years, 11 months 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 becomes first company to hit $3 trillion market value, then slips
2 years, 11 months ago

Apple becomes first company to hit $3 trillion market value, then slips

The Hindu  

Apple Inc. on Monday became the first company with a $3 trillion stock market value, lifted by investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality. On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88, …

Apple doubled its business in India, CEO Tim Cook says nearly one-third of the revenue from emerging markets
3 years, 1 month 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 …

Microsoft nearly overtakes Apple as most valuable company
3 years, 1 month 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, 4 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, 4 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 Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business
3 years, 7 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 …

Microsoft sets sights on Sony’s home turf in game console clash
4 years, 1 month ago

Microsoft sets sights on Sony’s home turf in game console clash

Live Mint  

In the battle of the next-generation gaming machines, two key players are moving in different directions. Sony has placed more importance on the U.S. market after the PlayStation 4’s disappointing performance in Japan, according to employees who asked not to be identified discussing internal matters. “It’s analyst consensus that PlayStation no longer sees the Japan market as important," Morningstar Research …

Apple Posts Record Quarterly Results in India; Services and Mac Witness All-Time High
4 years, 1 month 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 …

Apple services, MacBooks, iPads helped it get record Q3 2020: Know details
4 years, 1 month ago

Apple services, MacBooks, iPads helped it get record Q3 2020: Know details

India TV News  

Led by all-time records for Services and Mac, Apple has posted record September quarter revenue of $64.7 billion. Overall, Mac revenue was up 28 per cent and iPad revenue rose 46 per cent from the same quarter last year but iPhone sales were down more than 20 per cent year-over-year. The iPhone revenue was $26.44 billion, down 20.7 per cent …

Apple becomes first US company to be worth $2 trillion
4 years, 4 months ago

Apple becomes first US company to be worth $2 trillion

Live Mint  

Apple Inc became the first publicly listed U.S. company with a $2 trillion stock market value on Wednesday, as Wall Street investors put aside challenges to its iPhone ecosystem in favor of bets it will only prosper more in the post-coronavirus world. The moves reflect growing investor confidence in Apple's shift towards relying less on sales of iPhones and other …

Apple shines in pandemic with $2 trillion value on horizon
4 years, 4 months ago

Apple shines in pandemic with $2 trillion value on horizon

The Hindu  

The initial spread of the novel coronavirus shut down the factories in China that assemble its iPhones and also closed its retail stores in a country that ranks as the company’s biggest market besides the U.S. Things looked even bleaker in March after the global pandemic shoved the U.S. economy into what now looks to be its deepest downturn since …

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