Apple to Report Earnings on May 2 Following Vision Pro Launch

Apple today announced that its next quarterly earnings conference call will be held on Thursday, May 2 at 2 p.m. Pacific Time. On the call, which will be streamed live on Apple’s investor website, Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the company’s earnings results for the second quarter of the 2024 […]

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Apple’s Q1 2024 Earnings Call Takeaways

Apple today held its earnings call for the first fiscal quarter of 2024 (fourth calendar quarter of 2023), with Apple CEO Tim Cook and Apple CFO Luca Maestri sharing details on Apple’s performance, recent product sales, services growth, and more. We’ve highlighted the most interesting takeaways from the earnings call. EU App Ecosystem Changes Maestri […]

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Apple Reports 1Q 2024 Results: $33.9B Profit on $119.6B Revenue

Apple today announced financial results for the first fiscal quarter of 2024, which corresponds to the fourth calendar quarter of 2023. For the quarter, Apple posted revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, compared to revenue of $117.2 billion and net quarterly profit of $30.0 billion, […]

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Samsung expects its 2023 profit to drop by 85% compared to last year

Last year was extremely challenging for Samsung, as smartphone and semiconductor chip sales were quite low. Those are the two most important product categories for Samsung. However, the company and even analysts expect this new year to be much better as sales are recovering. Today, Samsung Electronics posted its earnings guidance for the fourth quarter […]

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Apple to Hold February 1 Earnings Call Just Ahead of Vision Pro Launch

Apple has announced that its first earnings call of 2024 will be held on February 1, one day before the Vision Pro launches in the United States. On the call, Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the company’s earnings results for the first quarter of the 2024 fiscal year. The executives […]

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Apple’s Q4 2023 Earnings Call Takeaways

Apple today held an earnings call for the fourth fiscal quarter of 2023 (third calendar quarter), with Apple CEO Tim Cook and Apple CFO Luca Maestri sharing details on recent product sales, services growth, Apple’s future plans, and more. We’ve highlighted the most interesting takeaways from Apple’s earnings call. Services Apple’s quarterly revenue was down […]

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Apple CEO Tim Cook on Generative AI: ‘We’re Investing Quite a Bit’

During today’s earnings call covering the fourth fiscal quarter of 2023, Apple executives held a Q&A session with analysts and investors. Apple CEO Tim Cook was questioned about how Apple might be able to monetize generative AI, which he of course declined to comment on, but he said that Apple is “investing quite a bit” […]

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Mac Revenue Down 34% Year-Over-Year, But Tim Cook Expects ‘Significant’ Improvement With M3 Macs

Apple today shared its earnings results for the fourth fiscal quarter of 2023 (third calendar quarter), and Mac revenue saw a major drop compared to last year. Mac sales came in at $7.6 billion in Q4 2023, down 34 percent from $11.5 billion in the year-ago quarter. Mac revenue for all of 2023 was $29.4 […]

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Apple Reports 4Q 2023 Results: $23B Profit on $89.5B Revenue

Apple today announced financial results for the fourth fiscal quarter of 2023, which corresponds to the third calendar quarter of the year. For the quarter, Apple posted revenue of $89.5 billion and net quarterly profit of $23.0 billion, or $1.46 per diluted share, compared to revenue of $90.1 billion and net quarterly profit of $20.7 […]

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M3 Max Chip Around as Fast as M2 Ultra in Early Benchmark Results

The first benchmark results for Apple’s M3 Max chip surfaced in the Geekbench 6 database today, providing a look at CPU performance. Based on the “Mac15,9” model identifier shown, the results appear to be for the new 16-inch MacBook Pro. The highest multi-core score for the M3 Max with a 16-core CPU is currently 21,084 […]

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What to Expect From Apple’s Earnings Report Tomorrow Following iPhone 15 Launch

Apple will report its earnings results for the fourth quarter of its 2023 fiscal year on Thursday, November 2 at 1:30 p.m. Pacific Time. Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts a half hour later. Keep reading for some key things to know about […]

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Samsung posts improved Q3 earnings thanks to strong demand for flagship smartphones

Samsung posted its Q3 earnings report and the numbers show quarterly revenue of KRW 67.40 trillion ($49.99 billion) and operating profit of KRW 2.43 trillion ($1.80 billion). The revenue figures represent a gradual decline of 12.3% on the yearly basis but are 12% up from the Q2 values while the operating profit is up over […]

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Samsung reports best quarterly profit of 2023, thanks to displays and foldables

Three weeks after revealing its earnings guidance, Samsung Electronics revealed its full earnings data for Q3 2023. The South Korean firm’s revenue was KRW 67.4 trillion (around $49.86 billion) during the July-August period, and its operating profit was KRW 2.43 trillion (around $1.79 billion). That’s the highest quarterly profit the company achieved this year, and […]

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Samsung reports low profits for Q3 2023 as semiconductor chip losses narrow

Samsung has been going through tough times due to the downturn of the semiconductor chip segment, leading to huge losses for the company. However, it looks like the company is recovering from that downturn and narrowing losses in its semiconductor chip business. Samsung has reported earnings guidance for Q3 2023, revealing better-than-expected results. Its profits […]

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Apple to Report Earnings on November 2 Following iPhone 15 Launch

Apple has announced that it will report its earnings results for the fourth quarter of the 2023 fiscal year on Thursday, November 2. The report will be available at 1:30 p.m. Pacific Time on that day, and Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts […]

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Samsung’s battery business gets record profit, thanks to higher EV demand

A few days ago, Samsung Electronics announced a 95% drop in its operating profit due to the worst downturn in the history of semiconductor chips. However, the company’s battery manufacturing and electronics material business, Samsung SDI, isn’t doing so badly. In fact, it is thriving, and it has recorded its highest-ever second-quarter revenue and profit. […]

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Apple’s Third Quarter Earnings Call Takeaways: Work on AI, Vision Pro Demo Success, iPad and Mac Sales to Fall in Q4

Apple today held its third earnings call of 2023, covering the second calendar quarter of the year. During the call, Apple CEO Tim Cook and Apple CFO Luca Maestri shared tidbits on recent product sales, services results, future plans, and revenue impacts. We’ve highlighted the most interesting parts of the call below for those who […]

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Apple Reports 3Q 2023 Results: $19.9B Profit on $81.8B Revenue

Last Updated: Thursday August 3, 2023 1:42 pm PDT by Jordan Golson Apple today announced financial results for its third fiscal quarter of 2023, which corresponds to the second calendar quarter of the year. For the quarter, Apple posted revenue of $81.8 billion and net quarterly profit of $19.9 billion, or $1.26 per diluted share, […]

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What to Expect From Apple’s Earnings Next Week Following New Macs

Apple will report its earnings results for the third quarter of its 2023 fiscal year on Thursday, August 3 at 1:30 p.m. Pacific Time. Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts a half hour later. Keep reading for some key things to know about […]

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Apple to Announce Q3 2023 Earnings on August 3 Following New Macs

Apple has announced that it will report its earnings results for the third quarter of the 2023 fiscal year on Thursday, August 3. The report will be available at 1:30 p.m. Pacific Time, and Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts at 2:00 p.m. […]

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