Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2022 (fourth calendar quarter) will be shared on Thursday, January 27.
The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last quarter said that supply constraints caused by chip shortages had cost Apple $6 billion, and the chip shortages and supply issues are also expected to impact Apple's first quarter earnings results.
In the first quarter of 2021, Apple reported record earnings of $111.4 billion revenue and net quarterly profit of $28.8 billion. Apple once again declined to provide guidance for the first fiscal quarter of 2022.
The quarterly earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, with a conference call to discuss the report taking place at 2:00 PM Pacific/5:00 PM Eastern. MacRumors will provide coverage of both the earnings release and conference call on January 27.
Friday September 6, 2024 5:01 am PDT by Tim Hardwick
Apple is "shaking up its color palette" for its iPhone 16 lineup this year, according to well-connected Bloomberg reporter Mark Gurman. Early iPhone 16 Pro dummy models via Sonny Dickson According to Gurman, the iPhone 16 Pro models will come in a Gold Titanium to replace Blue Titanium, while the Black, White, and Natural Titanium options that debuted with the iPhone 15 Pro will remain...
Tuesday September 3, 2024 12:07 pm PDT by Joe Rossignol
iOS 18 has been in beta testing for nearly three months, and the software update will finally be released for all compatible iPhones soon. Apple should reveal iOS 18's exact release date during its September 9 event, with the most likely possibility being Monday, September 16. Below, we have highlighted eight key new features included in iOS 18. Note that Apple Intelligence is not coming...
Friday September 6, 2024 5:43 am PDT by Tim Hardwick
Apple's next-generation iPhone 16 series is expected to launch on September 20 and will compete in a quickly evolving smartphone market, and with some notable upgrades rumored, the new models could see price changes compared to previous years. Successive iPhone models always come with new features and hardware upgrades, but Apple typically does not increase the retail prices as a result....
Bloomberg's Mark Gurman today shared his final expectations for Apple's "It's Glowtime" event, providing some new tidbits and clarifications about the new devices set to be announced on Monday. iPhone 16 Pro Along with larger 6.3- and 6.9-inch display sizes, the iPhone 16 Pro and iPhone 16 Pro Max will have bezels that are "now about a third slimmer" for a "sleeker overall look." The...
Tuesday September 3, 2024 12:59 pm PDT by Joe Rossignol
Apple did not mention CarPlay when it unveiled iOS 18 in June, but the update includes a handful of new features for the in-car iPhone system. iOS 18 includes some changes to the Messages app, Settings app, and Siri on CarPlay. The update should be widely released later in September. Below, we recap CarPlay's key new features on iOS 18. 1. Contact Photos in Messages App iOS 18 adds...
Friday September 6, 2024 4:42 am PDT by Tim Hardwick
The Apple Watch Series 10 will include a new sleep apnea detection feature, but it may not be available as soon as the new model launches, according to Bloomberg's Mark Gurman. Sleep apnea detection, which builds on the watch's existing sleep tracking, will attempt to determine if a wearer has sleep apnea and then suggest further testing with a medical professional. Gurman had expressed...
I can't wait to hear everyone cheer for the richest corporation ever
Ooh..me first. I’ll start early.
Pretty impressive what they were able to pull off being a $3 trillion company in the midst of a global crisis. Don’t ya think?
Personally, I would rather read the cheering -versus- the typical irate-whiny-bitter-people complaining and stomping “Why does Tim Crook still have a job..” given that Apple is in a good spot right now with stock value and the overall company standing.
From 1997 when Steve Jobs rejoined Apple until he passed in 2011, Apple grew 100x.
The 10-20x since Tim Cook took over is a lot less impressive.
Although a fun fact about Jobs's wealth is that it mostly didn't come from Apple, but Disney. When he sold Pixar to Disney, he became Disney's largest shareholder, with 8% of the company. When he passed, those shares went into a trust... it appears that they sold over half of it at some point, because the trust isn't in the top three organizations holding Disney right now (currently Vanguard has 8%, Black Rock has 6%, and State Street has 4%.)
The SEC disclosures showed that Laurene Powell Jobs (his widow who was the beneficial owner of the trust) sold between 12/31/2015 and 12/31/2016 the stake had been cut in about half to under 5% so, iirc, after that she didn't have to disclose it any more.
I can't wait to hear everyone cheer for the richest corporation ever
As a (small) Apple shareholder, I will cheer. Not out loud but I might smile a little.
While I own a few thousand dollars of shares, I also have a retirement account and mutual funds that include Apple shares. When Apple does well, my retirement looks better.
