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Apple Stops Selling Its Products In Russia In Response To Invasion Of Ukraine
Consumers attempting to purchase Apple products on the company’s Russian storefront are now getting an "unavailable" message for every product, according to CNBC. The company also removed Russian state-controlled outlets RT News and Sputnik News from its App Store, except in Russia.
A company spokesman issued the…
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By Tom Tapp
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2 Comments Comment on Apple Stops Selling Its Products In Russia In Response To Invasion Of Ukraine
Apple Revenue, Profit, iPhone Sales, Services All Beat Forecasts In Key Quarter
Apple topped Wall Street forecasts on just about all metrics for its latest fiscal first quarter earnings, with revenue of $123 billion (up 11%, an all time record), EPS of $2.10 (up from $1.68 the year earlier) and iPhone sales of $71.6 billion (vs $65.5 billion).
The services sector, which includes AppleTV+, saw…
Apple CEO Tim Cook On His Favorite ‘Ted Lasso’ Line
Here's Apple CEO Tim Cook's favorite line from the first two seasons of Ted Lasso: "There's two buttons I never like hitting. That's panic, and snooze." (So says Jason Sudeikis' Coach Lasso when asked about his team’s losing streak.)
"I love that. I love that," Cook told The New York Times DealBook Online Summit on…
Apple Rides High-End IPhone Sales, Subscription Gains To Q3 Earnings Beat
Apple topped Wall Street forecasts for its fiscal third quarter thanks to strong sales of high-end, 5G iPhones and strong gains in subscription bundles.
For the period ending June 30, the tech giant reported revenue of $81.4 billion, up 36%, with earnings per diluted share of $1.30. Both numbers were significantly…
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By Dade Hayes
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Apple Revenue Soars 54% In Q2 On Favorable Covid Comparisons; Profit Smashes Wall Street Forecasts
Apple posted a 54% gain in total revenue in its fiscal second quarter, reflecting the tech giant’s bounceback from the worst of Covid-19, which hit results in the same period in 2020.
Revenue for the quarter ending March 27 reached $89.6 billion, with international accounting for 67% of the total. Much of the growth…
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By Dade Hayes
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Apple To Allow Updated Version Of Parler Back Onto IPhone App Store
Apple will allow social media app Parler back onto the iPhone App Store, according to members of Congress who had protested the removal of the controversial service back in January.
Parler had back then become a gathering place for supporters of former President Donald Trump, including insurrectionists who attacked…
Apple Powers Up On Holiday IPhone Sales, Beating Wall Street’s Quarterly Forecasts
Apple roared past Wall Street estimates for the holiday 2020 quarter, riding sales of new iPhones to total revenue of $111.4 billion, up 21% from the same period in 2019.
Earnings per share in the fiscal first quarter, which ended December 26, came in at $1.68, up 35% from the year-ago frame. International sales…
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By Dade Hayes
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Apple Q3 Results Blitz Forecasts As Tech Giant Sets 4-For-1 Stock Split
Apple demolished Wall Street forecasts in its fiscal third quarter, delivering revenue of $59.7 billion and earnings per diluted share of $2.58 billion.
Analysts’ consensus was for revenue of $52.25 billion, which would have been a slight dip from the same quarter a year earlier. Earnings per share were expected to…
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By Dade Hayes
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Apple Stock Flattens After Report Of Virus-Related Delay In IPhone 12 Production
Apple shares moved sideways in early trading Monday after a report in the Wall Street Journal said production of new fall models of its flagship iPhone will be delayed by a month due to COVID-19.
The newest iteration of the handset, unofficially dubbed the iPhone 12, will feature select 5G features. Apple is going to…
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By Dade Hayes
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Apple Releases IPhone SE, A $399 Device For Uncertain Economic Times
Apple has rolled out the iPhone SE, with its $399 price aimed at maintaining demand for the flagship device during a turbulent economic period for much of the world.
Due to COVID-19, Apple stores remain closed, but the company will begin taking online orders for the new iPhone, with deliveries projected to begin on…
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By Dade Hayes
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Apple Says Apple TV+ Didn’t Have Material Impact On Revenue Last Quarter
Apple CEO Tim Cook said the company is measuring the success of its new Apple TV+ streaming service in terms of number of subscribers — though he didn’t give a number. He said that was reflected in the “aggressive” pricing of $4.99 a month and the bundle offer, where purchasers of any Apple device get a year…
Apple Services Growth In Q4 Overcomes iPhone Slip On Eve Of Streaming Launch
Despite flagging revenue from its flagship device, the iPhone, growth in Services and Wearables helped Apple beat Wall Street estimates for its fiscal fourth quarter.
Adjusted earnings per share of $3.03 in the period ending September 30 eclipsed the consensus forecast by analysts for $2.84. Total revenue reached $64…
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By Dade Hayes
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