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Apple to Report Q2 2021 Earnings Results on April 28

Wednesday March 31, 2021 8:00 am PDT by
Apple has announced that it will report its earnings results for the second quarter of the 2021 fiscal year on Wednesday, April 28. The earnings report should be released at 1:30 p.m. Pacific Time, followed by a conference call at 2:00 p.m. Pacific Time with Apple's CEO Tim Cook and CFO Luca Maestri to discuss the results in more detail. The earnings report will provide an overview of...
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Apple Saw Largest Number of iPhone Upgraders Ever in Q1 2021

Wednesday January 27, 2021 1:45 pm PST by
The launch of the new iPhone 12 models that have all-OLED displays, edge-to-edge designs, 5G connectivity, and significant camera improvements, drove an increase in both switchers and upgraders year over year, Apple CEO Tim Cook said during today's earnings call covering the first fiscal quarter of 2021. Cook said that while those switching over from Android and upgraders both increased,...
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Tim Cook: We Love to Work on Products Where Hardware, Software, and Services Intersect

Wednesday January 27, 2021 1:38 pm PST by
During today's earnings call covering the first fiscal quarter of 2021 (fourth calendar quarter of 2020), Apple CEO Tim Cook was asked to provide a framework for how Apple evaluates product opportunities in new markets. Cook of course declined to give specific information, but he did provide some insight into what Apple considers when making a decision on whether to develop a product. The...
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Apple's Wearables Category Sets New Revenue Record in Q1 2021

Wednesday January 27, 2021 1:26 pm PST by
Apple's Wearables, Home, and Accessories category, previously known as the "Other" category, brought in record revenue in the first fiscal quarter of 2021 (fourth calendar quarter), hitting $13 billion, up from $10 billion in the year-ago quarter. The 30 percent growth the category saw during the quarter was driven by demand for the Apple Watch, HomePod mini, and all of the AirPods models,...
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Apple's Services Revenue Hits All-Time High of $15.8B Billion in Q1 2021

Wednesday January 27, 2021 1:10 pm PST by
Apple's services category, which includes the App Store, Mac App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple News+, Apple Fitness, and more, saw significant growth in the first fiscal quarter of 2021 (fourth calendar quarter of 2020). According to Apple's latest earnings report, the services segment brought in $15.8 billion, up from $12.7 billion in the year-ago...
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Apple's Mac and iPad Sales Continue to Soar in Q1 2021

Wednesday January 27, 2021 1:01 pm PST by
As people continue to work and learn from their homes, Apple's Mac and iPad sales during the holiday quarter have seen ongoing growth, with Apple reaching a new all-time quarterly revenue record for the Mac category thanks to 21 percent year-over-year growth. During the first fiscal quarter of 2021 (fourth calendar quarter of 2020), Apple's Mac category brought in $8.7 billion, up from $7.2...
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Apple Now Has Over 1 Billion Active iPhones Worldwide, 1.65 Billion Total Devices

Wednesday January 27, 2021 12:57 pm PST by
Alongside today's earnings release that saw Apple share record numbers thanks to strong iPhone, iPad, Mac, and services sales, Apple CEO Tim Cook told Reuters that Apple now has an active installed base of 1.65 billion devices, up from 1.5 billion devices in the year-ago quarter. Apple has also hit an ‌iPhone‌ milestone, reaching more than 1 billion active iPhones, up from 900 million in...
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Apple Reports Record-Setting 1Q 2021 Results: $28.8B Profit on $111.4B Revenue [Conference Call Transcript]

Wednesday January 27, 2021 12:37 pm PST by
Apple today announced financial results for its first fiscal quarter of 2021, which corresponds to the fourth calendar quarter of 2020. For the quarter, Apple posted revenue of $111.4 billion and net quarterly profit of $28.8 billion, or $1.68 per diluted share, compared to revenue of $91.8 billion and net quarterly profit of $22.2 billion, or $1.25 per diluted share, in the year-ago quarter. ...
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Apple to Announce Q1 2021 Earnings on January 27

Tuesday January 5, 2021 2:17 pm PST by
Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2021 (fourth calendar quarter) will be shared on Wednesday, January 27. The first quarter earnings call will likely provide some insight into the sales of the iPhone 12 models, which were released in October, along with the M1 Macs that came out in November. Because the new iPhones were...
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Apple Says Record 2020 Mac Sales Attributed Primarily to MacBook Pro

Friday October 30, 2020 12:24 pm PDT by
Apple on Thursday reported its earnings for the fourth quarter of the 2020 fiscal year, including Mac revenue of $9 billion, a new quarterly record. Apple ended the year with annual Mac revenue of $28.6 billion, an all-time high. In its annual Form 10-K report [PDF], filed with the U.S. Securities and Exchange Commission today, Apple said increased Mac sales in fiscal 2020 compared to fiscal ...
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Apple Working 'Really, Really Hard' to Remedy Supply Constraints on iPhones, Macs, iPads and Some Apple Watches

Thursday October 29, 2020 3:11 pm PDT by
Multiple Apple products are seeing supply constraints, including the new iPhone 12 models, Macs, iPads, and some Apple Watch models. Apple CEO Tim Cook today told investors that Apple is "working really, really hard" to remedy the supply issues. If you look at iPhone, we're constrained today. Not a surprise at the front end of the ramp, and how long we'll be constrained is hard to predict. We...
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Tim Cook Says Pandemic Boosting Contactless Payment Adoption in United States

Thursday October 29, 2020 3:01 pm PDT by
During today's earnings call covering the fourth quarter of 2020, Apple CEO Tim Cook was asked about Apple's payment services, where he said that contactless payment usage could see growth in the United States due to the pandemic, where people are aiming to use cash less and less. As you can imagine in this environment, people are less wont to hand over a card. Contactless payment has taken on ...
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Apple Sees All-Time High Mac Revenue of $9 Billion in Q4 2020

Thursday October 29, 2020 2:37 pm PDT by
With many people continuing to learn and work from home, Apple's Mac sales in the fourth quarter of 2020 hit a new all-time revenue record, hugely outpacing sales in the fourth quarter of 2019. Apple's Mac category brought in $9 billion, up from $7 billion in the year-ago quarter, marking growth of 29 percent. Apple says that sales were up despite supply constraints that the company was...
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Apple's Wearables, Home and Accessories Category Sets All-Time Revenue Record of $7.9 Billion

Thursday October 29, 2020 2:32 pm PDT by
Apple's Wearables, Home, and Accessories category, which was previously known as the "Other" category, brought in record revenue in the fourth fiscal quarter of 2020, hitting $7.9 billion, up 21 percent from $6.5 billion in the year-ago quarter. Apple CFO Luca Maestri said that Apple hit September quarter records in every geographic segment in these categories. Apple's wearables category...
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Apple CEO Tim Cook: 'More Exciting Things' in Store For This Year

Thursday October 29, 2020 2:20 pm PDT by
During today's earnings call for the fourth fiscal quarter of 2020 (third calendar quarter), Cook said that while he doesn't want to give too much away, "this year has a few more exciting things in store." Cook is likely speaking about the Apple Silicon Macs, as Apple has previously said the first ‌Apple Silicon‌ Mac will be coming before the end of 2020. There are rumors of a third fall...
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Apple's Services Revenue Hits New All-Time High of $14.5 Billion in Q4 2020

Thursday October 29, 2020 2:08 pm PDT by
Apple's services category, which includes iTunes, the App Store, Mac App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple News+ and more, continues to see major growth each quarter. According to today's earnings report covering the fourth fiscal quarter of 2020 (third calendar quarter), Apple's services segment brought in $14.5 billion, up from $12.5 billion in the...
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Apple CEO Tim Cook 'Optimistic' About iPhone 12 Sales, Early Data 'Quite Good'

Thursday October 29, 2020 2:07 pm PDT by
Apple's iPhone 12 lineup launched too late to be included in the Q4 earnings results being shared today, but Apple CEO Tim Cook today said in an interview with CNBC that he's "optimistic" about Apple's ‌iPhone 12‌ sales because of 5G support, carrier promotions, and a loyal install base. According to Cook, initial data points on ‌iPhone 12‌ sales are "really quite good." During the earnings...
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Apple One Service Bundles Set to Launch Tomorrow, Fitness+ Coming This Quarter

Thursday October 29, 2020 1:39 pm PDT by
Apple in September announced Apple One, a new series of services bundles that will let Apple device customers purchase several services together in one package instead of separately, saving money for those who use multiple Apple service products. Ahead of Apple's earnings call, Apple CFO Luca Maestri told Bloomberg that ‌Apple One‌ is set to launch on Friday, October 30. ‌Apple One‌...
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Apple Reports 4Q 2020 Results: $12.7B Profit on $64.7B Revenue

Thursday October 29, 2020 1:38 pm PDT by
Apple today announced financial results for the fourth fiscal quarter of 2020, which corresponds to the third calendar quarter of the year. For the quarter, Apple posted revenue of $64.7 billion and net quarterly profit of $12.7 billion, or $0.73 per diluted share, compared to revenue of $64.0 billion and net quarterly profit of $13.7 billion, or $0.76 per diluted share, in the year-ago quarter...
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Apple to Announce Q4 2020 Earnings on October 29

Thursday October 1, 2020 4:38 pm PDT by
Apple today updated its investor relations page to announce that it will share its earnings results for the fourth fiscal quarter (third calendar quarter) of 2020 on Thursday, October 29. Fourth quarter earnings calls typically provide some insight into the early sales of new iPhones, but since this year's iPhones have been delayed until October, initial iPhone sales data will not factor...