Apple beats Wall Street predictions with record-breaking iPhone sales revenue

Apple has reported its results for the fourth quarter of 2024, with revenue of $94.93 beating Wall Street expectations mostly on the strength of iPhone sales.

Malcolm Owen 1 year ago 29

Apple's global head of procurement Dan Rosckes to retire after 24 years

Dan Rosckes, Apple's Vice President of Global Sourcing and Supply Management, is retiring after a career spanning more than two decades at the company.

Marko Zivkovic 1 year ago 1

Apple CFO shakeup: Kevan Parekh replacing Luca Maestri

Luca Maestri has served as Apple's CFO for over a decade, but he's stepping down and being replaced by Kevan Parekh, Apple's current VP of Financial Planning and Analysis.

Wesley Hilliard 1 year ago 12

Tim Cook held all his Apple stock in 2022, as other execs sold

A number of Apple executives sold more of their stocks in the company in 2022 than the year before, but Tim Cook didn't sell any.

William Gallagher 3 years ago 5

Apple to announce fourth-quarter earnings on October 27

Apple on Wednesday announced that it would detail earnings for 2022's fourth fiscal quarter on October 27, with an investor conference call expected to include a discussion from CEO Tim Cook and CFO Luca Maestri.

Amber Neely 3 years ago 0

Apple CFO Luca Maestri sells shares worth $16.9M

Apple chief financial officer Luca Maestri has sold a batch of shares for $16.9 million on Wednesday, an SEC filing reveals, performed as part of an arranged trading plan.

Malcolm Owen 3 years ago 6

Apple to announce third fiscal quarter earnings on July 28

On Tuesday, Apple announced that it will detail earnings for the third fiscal quarter of 2022 on July 28 in an investor conference call expected to include a discussion from CEO Tim Cook and CFO Luca Maestri.

Amber Neely 3 years ago 4

Apple sees March quarter records for iPhone, Mac, Services & More

Apple has announced that its $77.5 billion revenue from products was a March quarter record, as was the number of Mac users upgrading to new devices.

William Gallagher 4 years ago 0

What to expect from Apple's Q2 2022 earnings report

Apple will announce its financial results for the second quarter of 2022 later this evening. Here's what to expect from the company's earnings report and conference call, which may turn out to be record-breaking.

Mike Peterson 4 years ago 2

Notes of interest from Apple's blockbuster holiday quarter earnings report

Apple has published its crucial holiday quarter of 2021 results, breaking all of the company's records for the quarter. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and Chief Financial Officer Luca Maestri.

Mike Wuerthele 4 years ago 3

Apple says supply constraints will have a bigger impact on Q1 2022

As expected, Apple is not providing revenue guidance for the December quarter, but the company is warning that the effect of supply constraints could be larger during the busy holiday shopping season.

Mike Peterson 4 years ago 0

Switchers, upgraders boost Q3 iPhone growth to 52%

Apple saw 52% growth in iPhone sales for the third fiscal quarter of 2021, which Tim Cook puts down to the popularity of 5G in the iPhone 12 range around the world.

William Gallagher 4 years ago 4

Apple increases China earnings by nearly 60% in June quarter

Apple's earnings for Greater China in Q3 2021 were up 58.2% from the same time in 2020, rising to $14.76 billion.

William Gallagher 4 years ago 2

Notes of interest from Apple's Q3 2021 earnings report and conference call

Apple posted the financial results from its second fiscal quarter of 2021 on Tuesday, breaking all of the company's third fiscal quarter records with $81.4 billion in revenue. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.

Mike Wuerthele 4 years ago 3

Apple will announce third quarter earnings on July 27

Apple has announced that it will report and discuss earnings results for the company's third fiscal quarter of 2021 on Tuesday, July 27.

Mike Peterson 4 years ago 2

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