10 key takeaways from Apple’s historic earnings call

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moneyapple
Apple made a ton of money. What more do you need to know?
Photo: Ste Smith/Cult of Mac

Apple managed to shock Wall Street today by beating its own expectations for Q1 2017, the most profitable quarter in the company’s history.

There was good news all around as iPhone sales, services and even the Mac all performed better than predicted. During today’s earnings call, Tim Cook and Apple CFO Luca Maestri revealed some of the secret sauce that made Apple’s earnings one for the history books.

Here are the top takeaways from today’s call.

Liveblog: Apple hits new highs with doubleplusgood Q1 2017 earnings call

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Get ready for Apple's most exciting earnings call of 2017.
Get ready for Apple's most exciting earnings call of 2017.
Photo: Ste Smith/Cult of Mac

Apple is set to reveal its first quarterly earnings report of 2017 and, if Wall Street’s estimates are any indicator, it could be Apple’s biggest quarter ever.

After multiple quarters of declining revenues, today’s call could see the company return to growth, lifted by strong iPhone sales over the holidays and a burgeoning services business that has quickly become Apple’s second-biggest moneymaker.

Tim Cook and Luca Maestri are scheduled to hold an open call with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be here liveblogging and analyzing all the action. Get prepped for the call with our guide on what to expect, and join the fun in the liveblog below.

Night Shift arrives on Mac in first macOS 10.12.4 beta

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15 inch MacBook Pro Silver
There's a new beta out for Macs.
Photo: Apple

A new macOS beta finally brings the popular Night Shift feature from iOS to the Mac.

Apple seeded macOS 10.12.4 beta 1 to all registered developers today, bringing Night Shift plus a host of bug fixes and performance improvements for Apple’s computers. The new macOS beta comes alongside the first betas for iOS 10.3 and tvOS 10.2.

2017 MacBook Pro to bring Intel Kaby Lake, 32GB of RAM

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MacBook
The next MacBook Pro will bring the power pro users require.
Photo: Ste Smith/Cult of Mac

Apple will launch a new 15-inch MacBook Pro later this year powered by Intel’s next-generation Kaby Lake processors and 32GB of desktop-class RAM, according to a reliable analyst.

The latest models feature Skylake chips and up to 16GB of RAM, but many professionals have complained this just isn’t enough for a high-end notebook.

Devs get fourth betas of macOS 10.12.3 and iOS 10.2.1

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iPhone 7
A new iOS beta is now available.
Photo: Ste Smith/Cult of Mac

Apple seeded two new beta builds to developers today, bringing a host of bug fixes and improvements to iOS 10.2.1 and macOS 10.12.3.

The new builds come just three days after Apple dropped its first batch of betas for 2017. Registered developers can now download iOS 10.2.1 beta 4 and macOS 10.12.3 beta 4 from Apple’s developer portal to take advantage of all the new features.

Apple loses another key employee to Tesla

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Tesla is siphoning engineering talent from Apple.
Tesla is siphoning engineering talent from Apple.
Photo: Ste Smith/Cult of Mac

The battle between Apple and Tesla to attract top talent revved up to a new level this week after another key employee for the iPhone-maker defected to Elon Musk’s auto company.

Matt Casebolt, who made key contributions to the design of the original MacBook Air, has reportedly left the company to work as an engineer for Tesla.