earnings

By MacRumors Staff

earnings Articles

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Apple to Announce Q1 2021 Earnings on January 27

Tuesday January 5, 2021 3:17 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 1:24 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 4:11 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 4:01 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 3:37 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 3:32 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 3:20 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 3:08 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 3:07 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 2:39 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 2:38 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 5:38 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...
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iPhone Revenue Saw Growth in Q3 2020 Thanks to iPhone SE Launch

Thursday July 30, 2020 3:23 pm PDT by
Apple's retail stores in many parts of the world were shut down for much of the third fiscal quarter of 2020, but the iPhone still saw two percent growth, which Apple CEO Tim Cook said was a surprise as the company expected year over year ‌iPhone‌ performance to decrease. COVID-19 had the biggest hit on Apple's sales in April, but demand for the ‌iPhone‌ increased in May and June, which Cook ...
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Apple's Q3 Mac and iPad Sales Surge Despite Supply Constraints as People Work From Home

Thursday July 30, 2020 3:17 pm PDT by
Apple today shared its earnings results for the third fiscal quarter of 2020, and iPad and Mac sales saw a surge in growth as people transitioned from working in offices to working from home. Both ‌iPad‌ and Mac saw double digit growth during the quarter. Mac sales brought in $7 billion, up from $5.8 billion in the year-ago quarter, while ‌iPad‌ sales brought in $6.5 billion, up from $5...
appleservices

Apple's Services Segment Sees Double-Digit Growth in Q3 2020

Thursday July 30, 2020 3:03 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, and more, continues to see major growth each quarter. According to today's earnings report covering the third fiscal quarter of 2020, Apple's services segment brought in $13.2 billion, up nearly $2 billion from the $11.5 billion earned in the third...
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Apple Reports 3Q 2020 Results: $11.25B Profit on $59.7B Revenue, 4-for-1 Stock Split Announced

Thursday July 30, 2020 2:39 pm PDT by
Apple today announced financial results for the third fiscal quarter of 2020, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $59.7 billion and net quarterly profit of $11.25 billion, or $2.58 per diluted share, compared to revenue of $53.8 billion and net quarterly profit of $10.0 billion, or $2.18 per diluted share, in the year-ago...
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Apple to Announce Q3 2020 Earnings on July 30

Monday July 13, 2020 5:49 am PDT by
Apple has announced that it will report its earnings results for the third quarter of fiscal 2020 on Thursday, July 30. The quarter began on March 29, just over two weeks after the World Health Organization declared COVID-19 a global pandemic. Apple did not provide guidance for the quarter due to these uncertain times, but analysts expect the company to report revenue of $51.4B on average,...
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Apple Reports 2Q 2020 Results: $11.2B Profit on $58.3B Revenue, All-Time Record for Services Revenue

Thursday April 30, 2020 2:40 pm PDT by
Apple today announced financial results for the second fiscal quarter of 2020, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $58.3 billion and net quarterly profit of $11.2 billion, or $2.55 per diluted share, compared to revenue of $58.0 billion and net quarterly profit of $11.6 billion, or $2.46 per diluted share, in the year-ago quarter...
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Apple CEO Tim Cook on 5G: 'We're Excited About Our Pipeline'

Tuesday January 28, 2020 2:48 pm PST by
During today's earnings call covering the first fiscal quarter of 2020, Apple CEO Tim Cook was asked about 5G, and how much of a demand driver it might be for Apple. Cook of course said that he wouldn't comment on future Apple products with respect to 5G, but said 5G is in the "early innings of its deployment on a global basis." Cook went on to say that Apple "couldn't be prouder" of its ...
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Apple Limiting Employee Travel to China Amid Coronavirus Outbreak, Working to Avoid Supply Shortages

Tuesday January 28, 2020 2:39 pm PST by
During today's earnings call, Apple CEO Tim Cook commented on the coronavirus outbreak in China, which investors fear could potentially impact Apple's business, affecting production of both current iPhones and the new low-cost iPhone that's on the horizon. Cook said that Apple is donating to China to help with the outbreak and working with partner companies. We're donating to groups that...