Multiple products contributed to Apple having a stellar financial results last quarter. Graphic: Cult of Mac
Apple raked in $123.9 billion in revenue during the last three months of 2021. That’s a year-over-year increase of 11%. More importantly, it’s significantly higher than financial analysts had predicted.
Business is booming for the App Store. Photo: PhotoAtelier/Flickr
Apple is making more revenue off the App Store alone in 2017 than it did in all of 2007, according to a new study that analyzed Apple’s money-printing app empire.
When the iPhone launched in 2007, Steve Jobs absolutely refused to let third-party apps on his beloved device. Fast forward ten years later and not it’s not just hard to imagine the iPhone without the App Store. It’s hard to imagine Apple being as profitable without it.
Apple investors will have to wait a day to hear the latest financials from the mother ship. Photo: Apple
Apple has delayed its annual Q2 financial report by one day to April 26, 2016.
Apple’s investor site shared the news Wednesday, saying the postponement is out of respect for Bill “The Coach” Campbell, one of Steve Job’s favorite tech advisors and longtime Apple board member, who passed away earlier this week.
Rumors, leaks, gear, and so much more. Cover Design: Stephen Smith/Cult of Mac
There are so many new leaks and rumors about upcoming Apple gear, we’re awash in joyful speculation. There’s the new iPhone 7 just for photographers, new iPad Air 3 details, and some hidden iPad Pro firmware features, just for starters.
Add to that some fine new how-tos, some great app roundups and a look at Apple’s biggest financial quarter yet, and you’ve got a fantastic digital magazine ready for downloading right now.
Like flipping the bird to everyone else. Photo: Netflix
Netflix just added 3.3 million more subscribers, the company said in a live Google Hangout Wednesday morning, making cable just that much more irrelevant with the news.
CEO Reed Hastings even showed up to the earnings call in a Bojack Horseman sweater, contrasting nicely with all the other suits onscreen.
It’s like he’s letting everyone know that Netflix can’t be stopped, and he’ll wear whatever he damn well pleases, thank you very much.
Netflix’s stock price has also rocketed up for the just finished fiscal quarter, which comes on the heels of the June 23rd announcement of a seven-to-one stock split.
Sounds like Netflix is taking a cue from Apple’s playbook on this one.
Apple turned what could have been a deathly boring financial ritual into an occasion for celebration Wednesday, posting record numbers and making headlines with some unexpected moves.
Here’s our take on everything you need to know from the latest quarterly earnings call.
For the last four years, T-Mobile has been just battered by the iPhone. Unable to ink the same deals with Apple as AT&T, Sprint, and Verizon to get the Jesus Phone on their networks at a subsidized price, T-Mobile tried to sell itself to AT&T, only to have the deal killed by the FCC.
In desperation, T-Mobile tried a new approach: they decided to call themselves an “Un-carrier” and start offering untraditional no-contract, upgrade-anytime-you-want plans. And you know what? It’s really paying off for them.
According to its investor’s page, Apple, Inc. will conference call with investors on July 23, 2013, discussing its financial performance for the fiscal third quarter of 2013, which ended June 30.
The call will be live streamed on Apple’s web page for anyone to listen in, and should cover revenue and sales figures. We can expect to hear from Tim Cook, CEO, and probably Peter Oppenheimer, CFO of Apple, both explaining the current performance as well as making some sort of financial forecast for the coming quarter, Q4 2013.
This time around on CultCast: why we need $150,000$230,000 $500,000 for coffee with Tim Cook; Mr. Cook talks iPhone with a 5-inch screen; and with mobile products like the iPad taking over, could Apple eventually stop selling Macs? Plus, we’re finally getting a new Xbox console; the next iOS and OS X at WWDC; and the current Apple hardware drought needs to end!
All that and more on this week’s CultCast. Stream or download new and past episodes on your Mac or iDevice by subscribing now on iTunes, or hit play below and let the good times roll.