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.
Following nearly two years of rumors about a fourth-generation iPhone SE, The Information today reported that Apple suppliers are finally planning to begin ramping up mass production of the device in October of this year. If accurate, that timeframe would mean that the next iPhone SE would not be announced alongside the iPhone 16 series in September, as expected. Instead, the report...
Key details about the overall specifications of the iPhone 17 lineup have been shared by the leaker known as "Ice Universe," clarifying several important aspects of next year's devices. Reports in recent months have converged in agreement that Apple will discontinue the "Plus" iPhone model in 2025 while introducing an all-new iPhone 17 "Slim" model as an even more high-end option sitting...
Wednesday July 24, 2024 9:06 am PDT by Joe Rossignol
Apple supply chain analyst Ming-Chi Kuo today shared alleged specifications for a new ultra-thin iPhone 17 model rumored to launch next year. Kuo expects the device to be equipped with a 6.6-inch display with a current-size Dynamic Island, a standard A19 chip rather than an A19 Pro chip, a single rear camera, and an Apple-designed 5G chip. He also expects the device to have a...
Thursday July 25, 2024 5:43 am PDT by Tim Hardwick
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
Apple’s iCloud Private Relay service is down for some users, according to Apple’s System Status page. Apple says that the iCloud Private Relay service may be slow or unavailable. The outage started at 2:34 p.m. Eastern Time, but it does not appear to be affecting all iCloud users. Some impacted users are unable to browse the web without turning iCloud Private Relay off, while others are...
Apple is planning to release at least one iPhone 17 model next year with mechanical aperture, according to a report published today by The Information. The mechanical system would allow users to adjust the size of the iPhone 17's aperture, which refers to the opening of the camera lens through which light enters. All existing iPhone camera lenses have fixed apertures, but some Android...
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.
