7 biggest takeaways from Apple’s record Q4 earnings

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Will Apple reach its own targets for Q2?
AAPL shares are on the rise.
Photo: Ste Smith/Cult of Mac

Apple surprised investors with its best Q4 earnings report ever today. The outrageous numbers dispelled doubts about the iPhone-maker’s strategy — and pushed Apple closer to becoming the world’s first trillion-dollar company.

With the launch of the iPhone X just hours away, Apple CEO Tim Cook had a lot to be happy about during the earnings call with investors. Analysts quizzed Cook and Apple CFO Luca Maestri on everything from iPhone 8 sales to how Apple plans to monetize its augmented reality efforts.

Here’s what we found out:

Apple’s earnings call will be the calm before iPhone X superstorm

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

How to shorten text with the Mac’s built-in TL;DR tool

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summarize service tl:dr
The Mac's venerable summarize service is more relevant than ever.
Photo: Cult of Mac

The Mac has a great built-in tool named Summarize, which does just that. If you have a chunk of text that is too long, then you can shorten it using the Mac’s very own TL;DR generator, a system service which will take any text and shrink it, keeping only the important bits.

Perhaps you want to skim-read a too-long text? Maybe you want to reduce a full article to a 140-character Twitter post? Or maybe you want to email this article to a friend of yours who is too lazy to read it, but could totally use the advice.

Google will pay $3 billion to remain top search provider on iOS

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Amount will bolster Apple's services business.
Photo: Google

Google could pay Apple as much as $3 billion this year in order to remain the default search engine on iOS devices, a new report claims.

The claim comes from Bernstein analyst A.M. Sacconaghi Jr. If true, it would represent a sizable increase from the $1 billion that Apple was paid by Google for the same reason back in 2014.

Apple posts its second-highest Q3 earnings ever

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

Investors found a lot to be happy about in Apple’s latest earnings report, which was released by the company this afternoon. While Apple didn’t shatter any records, the company beat expectations for the quarter with a total of $45.5 billion in revenue.

That’s well ahead of Wall Street’s expectation of $43.5 billion. iPad sales proved one of the biggest surprises of the quarter, with shipments rising 15 percent year-over-year. Apple CEO Tim Cook was definitely happy with the results.

What to expect from Apple’s Q3 2017 earnings

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

Apple is already manufacturing its Siri-powered speaker

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The Amazon Echo may finally have competition from Apple.
The Amazon Echo may finally have competition from Apple.
Photo: Jim Merithew/Cult of Mac

Apple’s grand unveiling of its Siri-powered home speaker could come as soon as next week, according to a new report that claims production on the new device is already underway.

Whispers that Apple is working on a speaker to rival the Amazon Echo and Google Home have been swirling around the rumor mill for months. Even though Apple execs have downplayed the possibility of a Siri speaker in the past, but it looks like it’s about to become a reality. And it will boast some new tech its rivals don’t have.

What to expect from Apple’s Q2 2017 earnings report

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Tim Cook and Luca Maestri will reveal Apple's Q2 earnings.
Apple made a ton of money last quarter.
Photo: Jim Merithew/Cult of Mac

Pebble update ensures your watch will work when services die

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Pebble might be dead, but your watch isn't.
Pebble might be dead, but your watch isn't.
Photo: Pebble

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.