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.
Google today announced that Waze is getting a handful of new features, including some Gemini-powered personalization enhancements for Conversational Reporting.
Conversational Reporting already uses Gemini when users report traffic incidents like slowdowns, but now you can use it to suggest map updates like road closures or outdated addresses. Saying something like "The road is closed here"...
Apple's M7 Ultra chip coming in 2028 is designed to support up to 1.5TB of unified memory, according to Bloomberg's Mark Gurman. However, whether such a configuration is offered may depend on the state of the ongoing memory chip shortage.
In 2019, Apple released an Intel-based Mac Pro with up to 1.5TB RAM....
Ever since the Mac switched from Intel processors to Apple silicon starting in 2020, each generation of M-series chips has included higher-end Pro and Max variants. If a recent report proves to be accurate, though, that streak will be coming to an end.
According to Bloomberg's Mark Gurman, Apple will be releasing a regular M6 chip, but it has no plans to offer higher-end M6 Pro and M6 Max...
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.
Apple's first foldable iPhone, with a book-style design featuring a ~5.5-inch outer display and a ~7.8-inch inner display with a minimal crease down the middle.
