Apple stock hit bear market territory this morning and Goldman Sachs has again downgraded its asking price.
Bank of America Merrill Lynch has issued a downgrade its rating of Apple Inc shares following Thursday’s earning call.
Apple reported $62.9 billion in revenue for its fourth fiscal quarter of 2018 with 46.89 million iPhones sold.
Andrew Orr and Dave Hamilton join Jeff Gamet to look at Apple’s second fiscal quarter earnings, plus Andrew tips us off to some alternatives to Safari on the iPhone and iPad.
Apple’s first fiscal quarter typically sees big sales numbers, and this time around CEO Tim Cook says he thinks it’ll be a record breaker. Translation: Apple expects to sell a metric crap-load of iPhones between October and the end of December.
Apple announced Tuesday record revenue for its December quarter of US$78.4 billion, as well as record earnings per share (EPS) of $3.36. That’s up from $75.9 billion in revenue in the year-ago quarter with EPS of $3.28. [Update: This article has been updated with additional details. – Editor]
Apple announced Friday that it will announce earnings for the December quarter—the company’s first fiscal quarter of 2017—on Tuesday, January 31st. Apple’s quarterly conference call with analysts will start at 2:00 PM PST/5:00 EST.
Apple will release its earnings report for its first fiscal quarter on Tuesday, January 31, 2017. Investors expect record-setting revenue thanks to the iPhone 7 and the continued growth of the company’s services business.
Apple’s fourth fiscal quarter earnings conference call is scheduled to start after the market closes this afternoon, Tuesday, October 25th. The Mac Observer will be here to bring you the latest news, announcements, and analysis from the event.
Apple’s 2016 third fiscal quarter earnings report is scheduled to start this afternoon after the market closes. This quarter will include iPhone SE sales, and analysts will be watching closely to see if the company’s smartphone numbers show a year-over-year decline for a second quarter. The Mac Observer will be here to bring you the latest news and analysis from the event, so be sure to follow along with us this afternoon.
Apple’s third fiscal quarter earnings report is scheduled for Tuesday, July 26th. Investors will be watching the iPhone and iPad maker’s numbers closely after last quarter’s disappointing results, and the lack of new product announcements during Q3.