Apple plans to oppose Trump’s immigration ban

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Trump's immigration policy has hit a nerve with Tim Cook.
Photo: Gage Skidmore/Flickr CC

Tim Cook makes it clear that Apple is staunchly opposed to President Donald Trump’s temporary travel ban on people from seven Muslim-majority countries, according to a new interview.

“More than any country in the world, this country is strong because of our immigrant background and our capacity and ability as people to welcome people from all kinds of backgrounds,” Cook told The Wall Street Journal. “That’s what makes us special. We ought to pause and really think deeply through that.”

Apple sees growth in China even if bottom line shows otherwise

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China seems to love Apple, but growing the brand there hasn't been easy.
China seems to love Apple, but growing the brand there hasn't been easy.
Illustration: Cult of Mac

Apple is encouraged with its growth in China even if it registered a double-digit decline in revenue there.

Apple CEO Tim Cook and CFO Luca Maestri used other numbers to paint a rosy picture of the complicated China market when they met with investors during a first quarter earnings conference call Tuesday.

The Mac is still very much in play for Apple

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13 inch MacBook Pro with Touch Bar
The MacBook Pro with Touch Bar.
Photo: Apple

Apple may be more of a smartphone company these days, but its legacy product, the personal computer, continues to be popular.

In an upbeat Q1 earnings report with investors Tuesday, Apple said it sold 5.4 million Macs en route to an all-time quarterly revenue record of $78.4 billion dollars.

iPhone 7 snaps Apple’s losing streak

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iPhone 7 vs iPhone 7 Plus cameras
The iPhone 7 and 7 Plus helped Apple reverse a three-quarter sales decline.
Photo: Apple

The number 7 was lucky for Apple, as worldwide sales of the iPhone 7 and 7 Plus hit a quarterly record and put the breaks on a three-quarter revenue skid, the company said in today’s first quarter earnings report.

Apple saw a 5 percent revenue increase ($54.3 million) with more than 78 million iPhones sold. It was the first full quarter of the iPhone 7, delivered during a time of year that typically generates the best sales figures for Apple because of the holiday shopping season.

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.

Apple stock surges on record-breaking Q1 2017 earnings

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AAPL stock chart
Apple's stock surged in after-hours trading after the company announced record-breaking Q1 2017 results.
Photo: Google Finance

Apple’s stock saw a big surge after the company announced record-breaking earnings for Q1 2017.

AAPL was up almost 3 percent in after-hours trading to $124.50. Apple stock has been climbing recently but was depressed in anticipation of today’s results.

Apple shatters records with blockbuster Q1 2017 earnings

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Apple earnings
Tim Cook is thrilled with Apple's Q1 2017 results.
Photo: Jim Merithew/Cult of Mac

Apple sold more iPhone units than ever before last quarter, a spasm of sales that finally returned the company to growth, as revealed today in Cupertino’s first earnings report of 2017.

With total revenues of $78.4 billion bringing in a profit of $17.9 billion, Apple CEO Tim Cook said he is “thrilled” with the results. Wall Street is happy, too: AAPL shares are trading up significantly in after-hours trading.

Tim Cook: Trump’s immigration freeze will hurt Apple

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Tim Cook says that there are Apple employees directly affected by the order.
Photo: Gage Skidmore/Flickr CC

In a message sent to Apple employees, Tim Cook notes that he is concerned about President Donald Trump’s recent executive order limiting immigration from seven Muslim-majority countries.

Cook said Apple employees are affected by the policy, and that they are going to be able to draw on the expertise of the company’s HR, legal and security teams.

Check out the note below:

How Apple’s next earnings call could surprise us all

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moneyapple
The holidays were good to Apple.
Photo: Ste Smith/Cult of Mac

When Apple reveals its first quarterly earnings report of 2017 next Tuesday, the company could shock us with another record-breaking quarter.

The Q1 2017 earnings will cover Apple’s first full quarter of iPhone 7 and iPhone 7 Plus sales, and Apple should also get a big boost from the holiday shopping season, according to some Wall Street estimates. During its last earnings call, Apple predicted its revenue slump will end as the company finally returns to growth this quarter, but will it be enough to satisfy investors?

Here’s what to expect from Apple’s January 31 earnings report.