For Apple, the smartphone production cuts may be a tell on consumer fickleness – or just much sound and fury, signifying nothing. As with just about everything in life, time will tell. News comes Monday from Nikkei, as cited by ZDNet, CNBC and a host...
Apple’s taken a beating since announcing its Q4 earnings last week. The stock price is off nearly 7 percent, even though its trillion-dollar market cap remains intact. Analysts and the media smelled blood in the water after CEO Tim Cook said Apple would stop reporting...
Apple had plenty of bright spots to report during its Q4 earnings call. Revenue hit a record $62.9 billion with a 20 percent year-on-year increase. Profit was up 32 percent to $14.2 billion and earnings grew 42 percent year on year, beating Wall Street’s estimate....
Thanks to a strong showing out of Apple’s services business during the June ending quarter, Wall Street is getting more bullish on Apple. According to a report in CNBC, the growth in Apple’s services business, which includes its App Store, Apple Music and iCloud, is...
November 02, 2018
Apple had plenty of bright spots to report during its Q4 earnings call. Revenue hit a record $62.9 billion with a 20 percent year-on-year increase. Profit was up 32 percent to $14.2 billion and earnings grew 42 percent year on year, beating Wall Street’s estimate. Apple Services — home to the App Store, Apple Pay […]
May 02, 2018
After weeks of speculation, falling stock prices and an analyst undercurrent that yesterday’s earnings report might mark the beginning of the end for the iPhone X due to weak sales, Apple’s results...
February 02, 2018
To say that Apple didn’t sell a lot of phones during the holiday season would not be fair. It did. Saying Apple didn’t make money during its first fiscal quarter of...
August 02, 2017
Despite many predictions that the numbers would reflect a “lame duck” quarter for Apple, as consumers kept their wallets shut tight in anticipation of the next big iPhone upgrade, the team at Cupertino managed a...
October 31, 2019
iPhone growth continues to look sluggish, but Apple’s earnings report was a mostly story about growth once one got away from the figures on the firm’s flagship product. Particular areas of strength were Apple wearables and the services business line. On the whole, Q4 was a strong enough showing that investors were satisfied and Apple […]
August 01, 2018
Thanks to a strong showing out of Apple’s services business during the June ending quarter, Wall Street is getting more bullish on Apple. According to a report in CNBC, the...
May 07, 2018
Apple shares set a new all-time high in trading late last week after Berkshire Hathaway, led by Warren Buffett, bought more shares of the iPhone maker. Reuters, citing a Berkshire...
April 25, 2018
Concerns over low iPhone demand continue to plague Apple, with the company’s shares cumulatively down 7.1 percent in the three trading sessions through Monday (April 23). According to USA Today,...
