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.
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’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 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.
A number of U.S. states have banned the new MacBook Pro with Touch Bar from law exams due to the predictive text feature that suggests words as you type. However, others will still allow it so long as predictive text is disabled.
Here’s how to turn off the feature on your machine.
Iconfactory, the awesome team behind apps like Twitterrific and Flare, just launched a stellar new drawing app for iPad. It’s called Linea, and it’s a perfect match for Apple Pencil, offering all the tools you’ll need for sketching, taking notes, and more.
Apple is preparing to end support for 32-bit iOS apps, according to an error message discovered in the new iOS 10.3 beta.
The company warns that certain titles won’t work with future versions of its mobile operating system, and encourages developers to update them.
Apple has missed the deadline to pay the 13 billion euros ($14.52 billion) tax bill it owes to the Irish government, according to a new report.
The bill was handed out last August by European Union competition officials, who ruled that Apple was taking advantage of illegal state aid allowing the company to route profits through Ireland.
Apple’s latest beta software for Apple Watch brings two new handy features in addition to the general bug fixes we expect to see with each release. Check out the video below to see watchOS 3.2 beta 1 in action.
Animal Crossing, another Nintendo game bound for iOS, is being delayed until April at the earliest, according to the company’s most recent financial statement. Originally it was set to arrive on iOS by the end of March.
Gamers shouldn’t be too upset, however, as they’ll have Nintendo’s Fire Emblem Heroes — announced at the same time as Animal Crossing, but launching over the next few days — to play instead.
iOS devices look sharp, but their sleek exterior conceals a turbulent inner life. Chunks of uncompressed photos, forgotten files, cookies, app caches, backup logs, all of it eventually gums up the works of any mobile device. There are also all kinds of lurking issues that could cause them to freeze or refuse to turn on. iMyfone’s Umate and System Recovery apps can handle both, keeping your iOS devices clear of data clutter and reviving them from nearly any internal snag. And right now you can get both for $34.99 at Cult of Mac Deals.
After being snubbed by some professionals for its 16GB RAM limit and lack of traditional USB ports, the new MacBook Pro with Touch Bar has now been banned from bar examinations in a number of U.S. states.
A testing company has warned that the Touch Bar — specifically its predictive text feature — compromises exam integrity, so students are forced to use another laptop.
Apple has its first quarter earnings call for fiscal 2017 today, and if you’re an investor — or just an Apple fan — signs point to it being a great one.
With revenue having declined year-on-year for the past three quarters, investors expect today’s announcement to reveal that Apple is rebounding.
Apple has made accessories companies busy working furiously to create the perfect dongle or hub for users furious over a new MacBook Pro will only USB-C ports.
We crave change and innovation from Apple, then moan when we are not ready for it. SCOSCHE Industries hopes to ease your transition with a new USB-C AV multiport adaptor with three ports for your peripheral devices.
Apple Music has announced its entry into the world of high profile sport sponsorship, by agreeing a sponsorship deal with top German soccer club FC Bayern Munich.
The club, which is the biggest in Germany, has revealed that as part of the deal it will be offering exclusive Apple Music playlists and other content.
President Donald Trump’s executive order banning immigrants from some Islamic countries from entering the United States has been met with a flood of tech companies making record-breaking donations to the American Civil Liberties Union.
Still looking for the perfect gift for Valentine’s Day? In the year 2017, nothing says I love you more than a set of matching custom gold iPhones with engravings of U.S. President Donald Trump and Russian President Vladimir Putin.
The first beta build of watchOS 3.2 has finally been made available to developers today, less than a week after iOS 10.3 beta 1 and macOS 10.12.4 beta 1 came out.
Among the new features in watchOS 3.2 beta 1 is a new Theater Mode that makes wearing an Apple Watch in movie theaters a little less annoying for fellow film watchers.
Buying a Plus-sized iPhone doesn’t just get you a bigger screen, but also a better phone with more RAM and a greater camera. And there’s a good reason for that.
These things attract a greater number of buyers to Apple’s larger handsets, increasing its profits and the average selling price of the iPhone. And that’s why the iPhone Plus will always be better than its smaller siblings.
For years, “the last mile” earned the title of broadband’s biggest boogeyman. Now that most of us benefit from having a fairly fat pipe to our houses, it’s more like the last 10 feet — Wi-Fi dead spots can drive you crazy.
The AmpliFi HD System, one of a new pack of mesh systems that pave the way to our trouble-free Wi-Fi future, solves the problem. With a charming little router and a couple of mesh points, AmpliFi HD makes it possible to get a strong Wi-Fi signal to your basement, your attic or that awkward back bedroom where you can never stream anything. It also eliminates the sort of nerdy pain points typically associated with setting up and managing a home Wi-Fi network.
The latest versions of the WhatsApp beta for Android and iOS reveal an upcoming feature that will allow users to locate their friends.
Just like the Find My Friends app offered by Apple, WhatsApp will ask for your permission before making your location data available to your contacts.
Remember when we all got excited about Apple TV and how it had the potential to change TV as we know it?
It seems that fewer and fewer people do. New data from eMarketer suggest Apple is currently “at the bottom of the U.S. connected TV market, behind Google Chromecast and Roku, with its share shrinking.”
In the wake of CES, we’ve all got the next generation of tech on the brain. But we’re impatient, so we’ve gathered some of the best deals on the most futuristic gear and gadgets in the Cult of Mac Store.
Below you’ll find a head-up display for your car, a charging cable that adds a MagSafe-style connection to your phone, a flash drive for both computers and iPhones, and the most feature-packed charging hub you’ll find. By entering the coupon code CES10 at checkout, you’ll get 10 percent off each deal.
A new 4K drone flyover video from UAV operator Matthew Roberts shows that Apple’s “spaceship” Campus 2 is looking virtually ready to go, with the final touches being added to the massive HQ.
The site was originally supposed to be completed last year, but overran slightly. From the look of things, however, the wait is going to certainly be worthwhile.
Check out the video below:
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: