Following the release of its Q3 financial results, Apple's CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about the numbers. You already know Apple set a June quarter record earning $53.3B in revenue on 41.3M iPhone sales, but below we've listed some other highlights from the call.
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Apple’s Q3 2018: 41.3M iPhones, 11.5M iPads, $53.3B revenue
Apple this afternoon disclosed its [fiscal] Q3 2018 earnings report, offering a look at its performance over the past 3 months. During the period, the company beat both its own and Wall Street's expectations by selling 41.3M iPhones and earning $53.3B in revenue. Here's a full breakdown of the numbers.
Warren Buffett’s Berkshire Hathaway now second largest Apple shareholder
Warren Buffett's Berkshire Hathaway recently revealed its increased stake in Apple. With 239.3 million shares, the company is now the second largest Apple shareholder behind Vanguard Group, according to Reuters.
Bill Gates: Apple is “an amazing company”
Microsoft's co-founder, former CEO, philanthropist and longtime Apple rival Bill Gates has called Apple “an amazing company” with the best profit potential in the technology sector.
Interesting points from Apple’s Q2 earnings call
Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.
Following the release of its earnings report, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about Apple's performance. And as usual, we've put together a roundup of some of the more interesting points and highlights from the call.
Apple’s Q2 2018: 52.2M iPhones, 9.1M iPads, $61.1B revenue
Apple this afternoon disclosed its [fiscal] Q2 2018 earnings report, offering a look at its performance over the last 3 months. The company beat Wall Street expectations in just about every category, selling 52.2 million iPhones and earning $61.1 billion in revenue. Here's a full breakdown of the numbers.
Apple’s Q1 2018: 77.3M iPhones, 13.2M iPads, $88.3B revenue
Apple on Thursday reported its [fiscal] Q1 2018 earnings, offering a look at its performance over the last 3 months. The company beat expectations in revenue, earning $88.3 billion, but fell short on iPhone sales at 77.3 million. Here's a full breakdown of the numbers.
Apple employees get a $2500 bonus following new US tax law
According to a new report out of Bloomberg, Apple will be giving the majority of its employees an extra bonus following a new tax laws passed here in the US.
Apple announces plans for new campus, $350 billion boost to U.S. economy
Apple on Wednesday announced plans to bolster the U.S. economy over the next 5 years through job creation and other new investments. According to the press release, those plans include building a new corporate campus, creating 20,000 new jobs, and devoting some $350 billion in total resources over the next 5 years.
Tim Cook earned over $100 million in 2017
Apple CEO Tim Cook earned just over $100 million this year, Bloomberg reports. The news was spotted in the company's latest proxy statement, which was filed Wednesday with the US Securities and Exchange Commission ahead of its February shareholders meeting.
As Bitcoin surges, so does the Coinbase app in App Store
The price of Bitcoin has reached insanely ridiculous levels in the past few weeks, and no one knows exactly why. And as the popular blockchain cryptocurrency continues its surge, the Coinbase app for iPhone has now risen to the top of the free apps chart in App Store.
Apple Pay Cash officially launches today after appearing for some users yesterday
Apple has announced that Apple Pay for Messages and the Apple Pay Cash card are officially launching today. Yesterday, some users had begun to see the feature appear, but now it is widely available for everyone who is running the latest iOS 11.2 update.