Apple's stock price has hit a new milestone of $400 per share in after hours trading on Thursday after the company reported better-than-expected quarterly earnings of $59.7 billion for its third fiscal quarter of 2020.
Following the publication of its third fiscal quarter of 2020 results, Apple CEO Tim Cook and Chief Financial Officer Luca Maestri are providing additional detail surrounding the particulars of the report during an hour-long conference call.
Apple has reported revenue earnings of $59.7 billion for the third quarter of 2020, beating Wall Street estimates, in a quarter where the company continues to feel the effects of the COVID-19 pandemic.
Apple is continuing to develop, refine, and expand its concept of a finger-worn, smart ring that could be used to wirelessly control nearby devices, or interface with an augmented reality peripheral like the rumored "Apple Glass."
Apple is researching technology to allow an "Apple Glass" user to not be constrained to fixed physical gestures or touch controls, and instead manipulate any object to alter what is visible on the headset.
Apple offered Amazon a reduced rate revenue sharing model in a bid to bring Prime Video to the App Store, a move that seemingly contradicts the tech giant's claims that it treats all apps and app makers equally.
Apple on Wednesday pushed out an update for its first-party Apple Store app, adding a handy "For You" tab that gathers useful customer information in one place, as well as a new iPhone comparison tool.
Prolific leaker Jon Prosser in a terse tweet on Wednesday said Apple's upcoming "iPhone 12" lineup and a slate of new iPads will debut in October, a timeline seemingly backed up by statements from Qualcomm CFO Akash Palkhiwala.