| Cult of Mac

Apple surpasses 2 billion active devices


A Mac, iPhone and iPad with the words
Apple continues to woo new users and passes another milestone: 2 billion active devices as of February 2023.
Photo: Oleg Ivanov/Unsplash License

Apple’s installed base now exceeds 2 billion active devices, CEO Tim Cook said during Thursday’s earnings call. Although revenue in Apple’s first quarter fell $6.7 billion short of last year’s, the continued growth helped the company achieve what Cook called “a truly incredible milestone.”

Apple’s boffo quarter easily beats Wall Street expectations


Apple’s financial results were all the company could ask for.
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.

All that revenue led to quarterly earnings per diluted share of $2.10. Again, that solidly beat expectations.

Wall Street expects best-ever Apple quarterly earnings


Apple MacBook cash dollars money
Apple probably raked in more revenue in the 2021 holiday quarter than in any previous quarter in its history.
Photo: Ed Hardy/Cult of Mac

When Apple reveals its financial results from the holiday shopping season on Thursday, analysts predict the company will announce its best quarter ever.

Whether the Mac-maker meets this lofty goal will have a big effect on its stock price, which has been sliding in recent weeks. 

Wall Street’s Predictions For Apple Tomorrow: This Could Be The Best Quarter Ever


Apple Store hype

Apple will announce its quarterly earnings for the 2012 holiday season tomorrow, and investors are nervous. The company’s stock has been on quite the roller coaster ride since its $700 high back in September 2012. AAPL is now trading right around $500, which is the lowest it has been in more than six months.

Recent reports have said that demand for products like the iPhone is faltering. That’s why it may come as a surprise that Wall Street expects Apple to have its best earnings report ever tomorrow. So is it a good time to sell AAPL? Now may actually be the best time to buy.

Sprint: 1.5 Million iPhones Activated Last Quarter



Along with AT&T yesterday, Sprint tosay has announced their third quarter 2012 results, and activated 1.5 million iPhones during that period, 40% of whom are new customers… essentially the same number of new iPhones per quarter Sprint has maintained for the entire year of 2012 to date.

It wasn’t all sunny, though. The company reported a net loss of $767 million for the third quarter against $7.3 billion in revenues.

Source: Sprint

Despite Financial Losses, iPhone Nets Sprint 660,000 New Customers


iPhone sales net Sprint 660,00 new customers
iPhone sales net Sprint 660,00 new customers.


While Apple announced another record-breaking quarter yesterday, U.S. mobile carrier Sprint reported a significant net loss of $863 million – nearly twice the loss that it reported for the same quarter last year. iPhone sales, however, helped increase Sprint’s overall subscriber base – making this the eighth consecutive quarter where the company reported overall growth.