Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem. Investors bid the shares up by about 0.5% after hours — indicating what might be...
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales —...
Showing little immunity to macroeconomic headwinds crimping its hardware side, Apple services including payments and subscriptions showed strength in its fiscal 2023 first quarter. On its FY23 Q1 earnings call on Thursday (Feb. 2), Apple CEO Tim Cook said revenue of $117.2 billion for the...
April has arrived, and once we’ve sorted out the various pranks, we can all take a minute to appreciate that winter is over. Granted, depending on how far north one lives, it may still feel like winter, but as of this month, spring’s presence begins...
August 01, 2024
Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem. Investors bid the shares up by about 0.5% after hours — indicating what might be termed a muted response to at least some of the […]
May 02, 2024
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up...
August 28, 2024
Apple is reportedly eliminating around 100 jobs in its crucial digital services division. The cuts are part of a shift in priorities for the unit, Bloomberg News reported late Tuesday (Aug. 27), citing sources with knowledge of the matter. Among the cuts are workers in engineering roles, with the biggest layoffs happening in the Apple […]
March 13, 2019
In a change of pace from recent years, Apple continues to push its services with the launch of Apple Music on Amazon Fire TV, according to a report from CNBC....
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...
June 19, 2017
Apple wants people to lose their wallets. But in a good way. The company’s “Lose Your Wallet” event in San Francisco will highlight 36 merchants in Hayes Valley and the...
