earnings

By MacRumors Staff

earnings Articles

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Apple to Announce Q1 2022 Earnings on January 27

Tuesday January 4, 2022 2:17 pm PST by
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 ...
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Apple CEO Tim Cook: We're Focused on Maintaining Privacy and Security of the App Store

Thursday October 28, 2021 3:54 pm PDT by
Apple CEO Tim Cook was today asked about some of the regulatory issues that Apple is facing with the App Store, and he said that Apple is keeping its focus on privacy and security. Apple is facing potential regulatory changes that would force it to open up the iPhone to other app stores or alternate ways of loading apps on the ‌iPhone‌. The main thing we're focused on in the App Store is...
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Apple 'Working Feverishly' to Improve iPhone 13 Supplies

Thursday October 28, 2021 3:41 pm PDT by
During today's earnings call for the fourth fiscal quarter of 2021, Apple CEO Tim Cook said that Apple is "working feverishly" to boost iPhone 13 supplies. Cook said that Apple feels "very very good" about where demand is at for the ‌iPhone 13‌, in terms of sales compared to the iPhone 12. Supplies are constrained, though, and Apple has not been able to meet demand. Initial supplies of...
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Apple's Services Achieve All-Time Quarterly Revenue Record

Thursday October 28, 2021 3:02 pm PDT by
Apple today reported services revenue of $18.27 billion in the fourth quarter of its 2021 fiscal year, which is an all-time quarterly revenue record. The company's services revenue was up around 25% from $14.54 billion in the year-ago quarter. Apple's services category includes revenue generated from the App Store, Apple Music, Apple Arcade, Apple Pay, Apple Card, Apple TV+, Apple News+,...
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Supply Constraints Cost Apple $6 Billion in Q4 2021

Thursday October 28, 2021 2:51 pm PDT by
Apple's revenue for the fourth fiscal quarter of 2021 came in under expectations, which Apple CEO Tim Cook said was caused by supply constraints on iPhones, iPads, and Macs. In an interview with CNBC, Cook said the supply issues cost Apple around $6 billion."We had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion," Cook told ...
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Apple Reports All-Time Quarterly Revenue Record for Macs With 'Strong Demand' for M1 MacBook Air

Thursday October 28, 2021 2:47 pm PDT by
Apple today reported Mac revenue of $9.17 billion in the fourth quarter of its 2021 fiscal year, which is an all-time quarterly revenue record for Macs. Apple CEO Tim Cook said there was "strong demand" for the M1 MacBook Air in particular. No new Macs were released during the quarter, with the new 14-inch and 16-inch MacBook Pro models not being released until after the quarter ended, but...
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Apple Reports 4Q 2021 Results: $20.6B Profit on $83.4B Revenue

Thursday October 28, 2021 2:39 pm PDT by
Apple today announced financial results for the fourth fiscal quarter of 2021, which corresponds to the third calendar quarter of the year. For the quarter, Apple posted revenue of $83.4 billion and net quarterly profit of $20.6 billion, or $1.24 per diluted share, compared to revenue of $64.7 billion and net quarterly profit of $12.7 billion, or $0.73 per diluted share, in the year-ago...
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Tim Cook on Apple Deciding to Manufacture Components: 'We Ask Ourselves If We Can Do Something Better'

Tuesday July 27, 2021 4:04 pm PDT by
During today's earnings call for the third fiscal quarter of 2021 (second calendar quarter), Apple CEO Tim Cook was asked how Apple decides what components to purchase and what components to develop, and Cook said that Apple asks if it can be done better. We ask ourselves if we can do something better. If we can deliver a better product. If we can buy something in the market and it's great...
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Apple Saw Double Digit Growth in iPhone Upgraders and Switchers in Q3 2021

Tuesday July 27, 2021 3:45 pm PDT by
Apple experienced "strong double digit growth" in the number of iPhone users who were upgrading an older device or swapping to an ‌iPhone‌ from an Android device, Apple CEO Tim Cook said during today's earnings call covering the third fiscal quarter of 2021. Cook said that it was the largest upgrade quarter for Q3 ever, and that the iPhone 12 upgrade cycle on the whole was "very strong."...
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Apple Expecting iPhone and iPad Supply Constraints in September Quarter

Tuesday July 27, 2021 3:34 pm PDT by
During today's earnings call covering the third fiscal quarter of 2021 (second calendar quarter), Apple CFO Luca Maesteri said that Apple is expecting supply constraints to affect the iPhone and the iPad in the coming quarter. "The supply constraints that we've seen in the June quarter will be higher in the September quarter," said Maestri. The constraints will impact ‌iPhone‌ and ‌iPad‌...
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Apple's Wearables, Home and Accessories Category Sets New June Quarter Revenue Record of $8.8 Billion

Tuesday July 27, 2021 3:24 pm PDT by
Apple's Wearables, Home, and Accessories category saw strong growth during the third fiscal quarter of 2021, Apple CEO Tim Cook said during today's earnings call. The category brought in $8.8 billion, up 36 percent from $6.5 billion in the year-ago quarter. According to Cook, the category set a new all-time June quarter revenue record. Wearables, Home, and Accessories includes the Apple...
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Apple's Services Revenue Reaches $17.5 Billion in Q3 2021, Setting New All-Time Record

Tuesday July 27, 2021 3:22 pm PDT by
Apple's services category, which includes the App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple Fitness+, and more, saw another quarter of incredible growth according to Apple's earnings results for the third fiscal quarter of 2021 (second calendar quarter). Services brought in $17.5 billion during the quarter, up 33 percent from $13.2 billion in the year-ago...
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Apple's Mac and iPad Sales Continue to Surge in Q3 2021

Tuesday July 27, 2021 2:52 pm PDT by
Macs and iPads are selling in record numbers as people continue to work and learn from home. According to Apple's latest earnings report for the third fiscal quarter of 2021 (second calendar quarter), Apple's Mac category brought in $8.8 billion, up from $6.5 billion in the year-ago quarter. Sales were just a bit down from the second fiscal quarter of 2021, when Apple's Macs brought in $9.1 ...
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Apple Reports 3Q 2021 Results: $21.7B Profit on $81.4B Revenue, New June Quarter Records

Tuesday July 27, 2021 2:39 pm PDT by
Apple today announced financial results for the third fiscal quarter of 2021, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $81.4 billion and net quarterly profit of $21.7 billion, or $1.30 per diluted share, compared to revenue of $59.7 billion and net quarterly profit of $11.25 billion, or $0.65 per diluted share, in the year-ago...
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Apple to Announce Q3 2021 Earnings on July 27

Wednesday June 30, 2021 8:37 am PDT by
Apple today announced that it plans to hold its quarter three earnings call for the 2021 fiscal year on July 27, 2021. During the third quarter, which includes late March through late June, the company made several major announcements, including brand new iPad Pros, redesigned 24-inch iMac, AirTags, and a new Apple TV. Additionally, the company held its annual Worldwide Developers...
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Apple Expecting iPad and Mac Supply Shortages in Second Half of 2021

Wednesday April 28, 2021 4:34 pm PDT by
Apple today announced its earnings for the second quarter of 2021 and held an earnings call during which Cook was asked what we can expect for Macs and iPads during the second half of the year in terms of supply. Cook said that he would not provide product level details, but that there would be supply issues affecting the iPad and Mac lines. "To Luca's point about shortages, those...
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Apple CEO Tim Cook: We Feel 'Really Good About Where We Are' With Apple TV+

Wednesday April 28, 2021 3:54 pm PDT by
During today's earnings call covering the second fiscal quarter of 2021, Apple CEO Tim Cook was asked about Apple TV+ and whether he would provide details on how many paid subscribers the service has. Cook declined to provide specific numbers, but he said that ‌Apple TV+‌ is going "very well" and that Apple feels "really good" about where ‌Apple TV+‌ is at.TV+ is going very well, as you know ...
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iPhone 12 is Most Popular Model in Flagship Lineup, Apple Also Seeing Strong Sales of Pro and Pro Max

Wednesday April 28, 2021 3:49 pm PDT by
During today's earnings call, Apple CEO Tim Cook was today asked about iPhone 12 sales and which iPhones were the most popular with consumers during the quarter. He confirmed that the ‌iPhone 12‌ was the most popular, and sales of the ‌iPhone 12‌ Pro and Pro Max were also strong, but there was no mention of iPhone 12 mini sales. iPhone 12, of the family, it's the most popular. We saw very...
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Apple's Wearables Category Sets Quarterly Revenue Record of $7.8 Billion in Q2 2021

Wednesday April 28, 2021 3:26 pm PDT by
Apple's Wearables, Home, and Accessories category reached record revenue numbers in the second fiscal quarter of 2021 (first calendar quarter), hitting $7.8 billion, up from the $6.3 billion it earned in the year-ago quarter. Wearables, Home, and Accessories growth revenue was up a total of 25 percent combined. Apple CEO Tim Cook said that wearables growth was up thanks to strong sales of...
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Apple Reports 2Q 2021 Results: $23.6B Profit on $89.6B Revenue, Record Mac and Services Revenue

Wednesday April 28, 2021 2:38 pm PDT by
Apple today announced financial results for its second fiscal quarter of 2021, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $89.6 billion and net quarterly profit of $23.6 billion, or $1.40 per diluted share, compared to revenue of $58.3 billion and net quarterly profit of $11.2 billion, or $0.64 per diluted share, in the year-ago quarter...