iPhone 8 sales mystery ends Nov. 2

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iPhone
This will be the first earnings report with iPhone 8 sales figures.
Photo: Ste Smith/Cult of Mac

Apple shareholders waiting to find out what iPhone 8 sales will mean for the company’s bottom line will have to wait one more month before getting the news.

On its investor portal this afternoon, Apple revealed that its Q4 2017 earnings report will come out November 2.

What to expect from Apple’s Q3 2017 earnings

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money
Apple is raking in the cash.
Photo illustration: Ste Smith/Cult of Mac

Samsung likely to smash previous records with Q2 profits

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Samsung
...and Apple may have helped.
Photo: Jim Merithew/Cult of Mac

Samsung’s Q2 operating profit rose 72 percent from this time last year, setting a new record for the South Korean tech giant in the process.

Operating profit likely sits around the 14 trillion won ($12.1 billion) mark, according to the company. Revenue meanwhile increased 18 percent from a year earlier to 60 trillion won — beating analyst forecasts in the process.

Apple’s Q3 2017 earnings call to be held on August 1

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money
Apple earnings are on the way.
Photo: Ste Smith/Cult of Mac

Investors will get their next glimpse into how well iPhone sells are doing on August 1 when Apple reveals its Q3 earnings for 2017.

Apple updated its investor relations page today confirming the time and date of its next earnings call, which will include early sales of the new iPad Pro and MacBook Pros unveiled at the company’s Worldwide Developers Conference at the beginning of June.

Warren Buffett stays high on Apple despite iPhone slump

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The Oracle of Omaha is still in love with AAPL.
The Oracle of Omaha is still in love with AAPL.
Photo: CNBC

Apple’s big pause in iPhone sales leading up to this year’s new models isn’t worrying one of the company’s biggest investors.

Berkshire Hathaway CEO Warren Buffett says he loves what Apple is doing with its buyback program for investors and even though sales are slow, the stock is still a great buy.

Liveblog: Just how good (or bad) was Apple’s Q2?

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apple earnings
Apple's money-making machine is on a new level.
Photo illustration: Steve Smith/Cult of Mac

Apple’s cash pile heads for $250 billion milestone

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Apple raked in the cash last quarter.
Apple raked in the cash last quarter.
Photo: Jim Merithew/Cult of Mac

Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.

The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.

Apple will reveal Q2 2017 earnings on May 2

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Will Apple reach its own targets for Q2?
Will Apple reach its own targets for Q2?
Photo: Ste Smith/Cult of Mac

Apple has confirmed that it will reveal its Q2 2017 earnings during a conference call on May 2.

The company’s results for the second fiscal quarter of this year will reveal the state of demand for iPhone 7 almost eight months into its cycle, and whether there is still plenty of excitement for the new MacBook Pro.