By news@appleinsider.com (Stephen Silver) Apple CEO Tim Cook on earnings call Thursday said the coronavirus gave Apple Pay and other contactless solutions a boost, and will change how payments work for good.The Apple Card During Apple’s fourth quarter …
Source:: Apple Insider
By news@appleinsider.com (Mike Peterson) Apple’s number of paid subscriptions for its various Services hit a new high of 585 million, and the company expects to hit 600 million by the end of the year.Credit: AppleDuring the company’s September quarter earnings call, Apple CFO Luca Maestri said that new services like …
Source:: Apple Insider
By news@appleinsider.com (Wesley Hilliard) During Apple’s fourth quarter earnings call, CEO Tim Cook remarked that the …
Source:: Apple Insider
By news@appleinsider.com (Mike Peterson) Apple’s Mac and Services segments reached all-time record highs during the company’s fourth fiscal quarter of 2020, smashing previous records in both sectors.Credit: Andrew O’Hara, AppleInsiderThe company reported Services revenue of $14.5 billion during the period, topping the previous record of $13.3 billion. Apple’s Mac segment brought in more than $9 billion in revenue, up significantly from the previous record of $7.4 billion and 29% year-over-year….
Source:: Apple Insider
By news@appleinsider.com (William Gallagher) Apple has revealed it achieved $7.9 billion in sales in China, down considerably from last year’s $11.1. However, …
Source:: Apple Insider
By news@appleinsider.com (Mike Wuerthele) Apple has published its fourth fiscal quarter of 2020 results. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and Chief Financial Officer Luca Maestri surrounding the particulars of the report.Tim Cook (left) and Luca Maestri (right)Apple’s third fiscal quarter of 2020 earnings…
Source:: Apple Insider
By news@appleinsider.com (Malcolm Owen) Apple’s revenue in the fourth and final quarter of the fiscal year 2020 reached $64.7 billion, the iPhone maker revealed on Thursday, with the quarter also resulting in Apple’s highest annual revenue figure.Announced by Apple ahead of a customary conference call with analysts, Apple earned $64.7 billion for the quarter ending September 2020, an increase of about 1% from the $64 billion earned last year. Earnings-per-share for the quarter reached $0.73, down from the $3.03 seen in pre-stock split Q4 2019.The gross margin of $24.7 billion is up from the $24.3 billion seen in Q4 2019, while operating expenses hit $9.9 billion….
Source:: Apple Insider