Apple Expected to Report Best Quarter in Company History
Apple will report its earnings results for the fourth quarter of 2021 on Thursday, and it could be the best quarter in the company's history.
Wall Street analysts on average estimate that Apple will report revenue of $118.3 billion for the quarter, according to Yahoo Finance. This figure would be an all-time quarterly revenue record for Apple, topping the $111.4 billion that it earned in the year-ago quarter.
New products on sale during the fourth quarter included iPhone 13 models, Apple Watch Series 7 models, the sixth-generation iPad mini, the ninth-generation iPad, third-generation AirPods, and redesigned 14-inch and 16-inch MacBook Pro models. Apple also made the HomePod mini available in three new colors and released a polishing cloth.
Apple has reported strong earnings results throughout the pandemic, as its devices and services have been in especially high demand as more people have worked, learned, and connected with others remotely over the last two years.
Apple will report its earnings results on Thursday at 1:30 p.m. Pacific Time. A conference call with Apple's CEO Tim Cook and CFO Luca Maestri will follow at 2:00 p.m. Pacific Time. As usual during the pandemic, Apple did not provide its own guidance for the quarter.
Popular Stories
While the iPhone 18 Pro and iPhone 18 Pro Max are not launching until September, there are already plenty of rumors about the devices.
It was initially reported that the iPhone 18 Pro models would have fully under-screen Face ID, with only a front camera visible in the top-left corner of the screen. However, the latest rumors indicate that only one Face ID component will be moved under the...
In select U.S. states, residents can add their driver's license or state ID to the Apple Wallet app on the iPhone and Apple Watch, and then use it to display proof of identity or age at select airports and businesses, and in select apps.
Starting today, the feature is available in Arkansas, which is the 14th state to offer it. However, it may take some time to roll out to all users.
To...
For many years now, it has been rumored that the Apple Watch will eventually gain non-invasive blood sugar monitoring capabilities, which would enable millions of people with diabetes to track their blood glucose levels without needing to prick their skin with a needle or wear a dedicated continuous glucose monitor.
According to Bloomberg's Mark Gurman, Apple recently shifted oversight of...
