The end of 2018 went badly for Apple. We’ll know soon how it’s doing in 2019. Photo: Duncan Sinfield
We’ll soon know if Apple made progress drumming up more demand for the latest iPhones in Asia. Weak demand in China caused a surprising year-over-year drop in Apple’s total revenue during the last quarter of 2018.
CEO Tim Cook and co. have just scheduled an earning call with investors for April 30. We’ll find out then if the company managed to improve its situation during the first three months of 2019.
Q4 is another record-breaker. Photo: Ste Smith/Cult of Mac
Apple just posted its Q4 2018 earnings report and, per usual, it was another record-breaking quarter for the iPhone-maker.
Revenue and iPhone sales came in slightly higher than Wall Street’s expectations, while Services revenue hit an all-time high of $10 billion. Another record-breaking quarter looks like it’s on the horizon, too. Apple CEO Tim says the company is heading into the holiday season with its strongest lineup ever.
Apple’s weakest earnings report of 2018 is scheduled for July 31.
The iPhone-maker notified developers this afternoon that it will reveal how many iPhones it sold during the Q3 2018 fiscal quarter. And it might also drop some clues about when the next iPhones are going on sale.
Affordable first drones and our favorite gadgets on The CultCast! Photo: 3DR
This week on The CultCast: Astounding facts and figures from Apple’s newest earnings report; Nintendo promises a bunch of new iOS games; how to get the best deal in cloud storage; affordable options for your first drone; the perfect minimalist strap for your mirrorless camera; and we pitch you our favorite gadgets in an all-new Fave N Raves!
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Tim Cook is living the Jetsons lifestyle — minus the jetpack and flying car — thanks to Siri and the growing number of HomeKit devices on the market.
The Apple CEO offered a rare glimpse into his private life Tuesday during Apple’s quarterly financial report, painting a picture of techno-utopian comfort and ease. It was Cook’s most personal world-beating earnings call ever, and it sent a message: Apple is serious about home automation.
iPhone sales were down in Q4 2016. Photo: Ste Smith/Cult of Mac
Apple can’t make enough iPhone 7 devices to satisfy demand from customers (and from Wall Street to make more money).
During Apple’s Q4 2016 earnings call today, Apple CEO Tim Cook and CFO Luca Maestri hinted that big things are in the pipeline that should put the company back on track to growth — and it all starts Thursday with the MacBook Pro.
Apple's next earnings call is less than a month away. Photo: Ste Smith/Cult of Mac
Apple has scheduled its next earnings call for Tuesday, July 26, at 2 p.m. Pacific. The call, which will be broadcast live, will cover the company’s third fiscal quarter results following the first-ever decline in iPhone sales last quarter.
Is it time for Apple to get spiritual? Photo: Ste Smith/Cult of Mac (original image: Wired)
With quarterly revenue declining for the first time in more than a decade, Apple execs Tim Cook and Luca Maestri put on their game faces during today’s Apple earnings call to tell us why things aren’t really all that bad in Cupertino.
The sad truth is that slumping iPhone sales, which joined the iPad and Mac lineups in the down column, will likely take a toll on Apple’s image — and on its stock price.
Still, there were plenty of other intriguing and optimism-inspiring things we heard during Apple’s Q2 2016 earnings call. Here are the most important takeaways from this historic Apple moment.
It's a veritable tornado of cash! Photo: PublicDomainPictures/Pixabay
Apple reported record revenue during its earnings call Tuesday, but Tim Cook almost sounded like he was channeling Game of Thrones characters. He didn’t actually say “winter is coming,” but he might as well have.
Revenue is high for now, but iPhone sales are slowing down, the iPad continues to underperform and — most troublesome of all — the global economy will continue to play havoc with Apple’s bottom line.
Still, Cook and Co. remain optimistic about Apple’s ability to continue its world-beating performance. Here are five of the biggest takeaways we got from Apple’s Q1 2016 earnings call today with Cook and Apple CFO Luca Maestri.
Last quarter was bright but the future's even brighter, according to Apple.
Even Apple execs sounded pleasantly surprised as they revealed last quarter’s mostly higher-than-expected numbers Tuesday. But in what’s become something of a refrain in Cupertino, they couldn’t stop themselves from vague and knowing references to the incredible products waiting in the magical Apple pipeline.
Trust us, they seemed to say: Last quarter’s net profit of $7.7 billion — fueled by robust sales of iPhones, MacBooks and a surprisingly strong showing in the iTunes Software and Services category — was totally great, but wait till you see what we’ve got up our sleeves.
“We’re expecting a very busy fall,” said Luca Maestri, Apple’s chief financial officer. “We’re very excited about what’s in the pipeline.”
What else did Apple executives have to say during Tuesday’s Q3 earnings call? Here’s our take on everything you need to know from the latest numbers talk.
If you’re looking for a way to get rich overnight, here’s an idea: somehow borrow $1 billion without anyone knowing what you’re doing, invest it all in Apple shares the night before an earnings call (when the stock price is all but guaranteed to rise), immediately sell the next morning, return the original capital, and then pocket the profit without anyone the wiser.
Sound too straightforward to be true? That’s because it is — although that didn’t stop 40 year old trader David Miller from trying the stunt back in 2012.
Apple is set to announce its quarterly earnings today and host a conference call at 2:00 PM Pacific, so naturally, analysts have been making last minute predictions about what they think today’s results may bring.
To make sense of all these predictions, Phillip Elmer-Dewitt has compiled a list of predications from 68 analysts over at CNNMoney. The results? Divided expectations.