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The biggest takeaways from Apple’s dominant Q3 earnings results


Apple is made of money.
Apple is made of money.
Photo illustration: Ste Smith/Cult of Mac

Apple beat Wall Street’s expectations today with its Q3 2018 earnings report. Even though iPhone sales were barely up 1% the company still posted better-than-expected revenues as sales of Apple Watch, services and AirPods picked up the slack leading to Apple’s best Q3 results ever.

Prices of Apple shares skyrocketed closer to the illustrious $204 mark that will make the iPhone-maker the first ever trillion dollar company once the results posted and Tim Cook seemed extremely confident and relaxed on his call with investors this afternoon. While the rest of tech stocks are starting to sink, Apple is as steady ever.

Apple earnings: Can Cupertino’s latest surprise save the Street? [Live blog]


Will Apple reach its own targets for Q2?
Apple's Q3 2018 earnings are expected to be the weakest of the year.
Photo: Ste Smith/Cult of Mac

Apple’s weakest earnings report of 2018 is set to be revealed today but it might also contain a few clues about the 2018 iPhone launch this fall.

Tim Cook and Apple CFO Luca Maestri will talk to investors on an open call at 2 p.m. Pacific. Analysts don’t expect a huge boost in iPhone sales and revenue (in fact some are downright pessimistic). However, Apple could pull out a few surprises like it did the last two quarters.

Per usual, Cult of Mac will be here to live-blog all the action starting at 1:30 p.m. (That’s when the earnings report typically lands.) Come join the fun!