Apple’s record $83.4B Q4 misses Wall Street expectations

By news@appleinsider.com (Mike Peterson) Apple earned $83.4 billion in revenue during its fourth fiscal quarter of 2021, missing Wall Street expectations but showing strong growth across its many product categories.Credit: Andrew O’Hara, AppleInsiderThe company published its Q4 2021 earnings on Thursday shortly before a call with investors. Apple’s $83.4 billion in revenue represents year-over-year growth of 29% for the period ending in September, with this quarter’s earnings per share calculated at $1.24….

Source:: Apple Insider

      

Notes of interest from Apple’s Q4 2021 and annual earnings report

By news@appleinsider.com (Mike Wuerthele) Apple has published its fourth fiscal quarter of 2021 results, breaking all of the company’s fourth fiscal quarter records. 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 calendar quarter and fourth fiscal quarter of 2020 earnings…

Source:: Apple Insider

      

Facebook changes the one thing it doesn’t need to, is now called ‘Meta’

By news@appleinsider.com (Mike Peterson) Amid a firestorm of controversy, Facebook has officially changed its company name to Meta, though its social media platforms will retain their previous monikers.Credit: Meta/FacebookMark Zuckerberg, the CEO of the new company, announced the name change at the social media juggernaut’s Connect 2021 keynote. The chief executive says he hopes the new name will “reflect who we are and what we hope to build.”…

Source:: Apple Insider

      

Intel to outpace Moore’s Law, surpass rivals in 2025, CEO says

By news@appleinsider.com (Mike Peterson) Intel says it will work to outpace Moore’s Law and create new processors that first catch up to its competitors in 2024 before eclipsing them in 2025, according to the company’s chief executive.Credit: IntelMoore’s Law, a term describing the steady pace of processor progress, was coined by Intel co-founder Gordon Moore. Although the law has been …

Source:: Apple Insider