Apple blew way past Wall Street predictions in the third quarter, Tim Cook testified during the U.S. House antitrust hearing, CES goes all digital, and we feature our favorite task apps on the AppleInsider podcast.
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 will announce its latest financial results, covering the third fiscal quarter of 2020, later today. With no guidance from Apple on the quarter, all eyes will be on how well Apple has weathered coronavirus.
Loop Ventures analyst Gene Munster expects Apple's June quarter to have lower than usual financial results, but says the earnings report will show there are key signs that Apple remains on track to grow and even find positives from coronavirus.
Apple has announced that it will reveal its quarterly earnings for the third fiscal quarter of 2020 on July 30, detailing how the company is faring during post-WWDC and during a surge in new COVID-19 cases in the U.S.
Amid one of the worst economic downturns in years, Apple has outperformed most expectations that analysts have placed on it. Just shy of two months into the COVID-19 pandemic, its share price has returned to levels not seen since before the crisis.