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Apple Inc. reported quarterly revenue that topped $100 billion for the first time, fueled by strong holiday sales of the iPhone 12, the company’s first device for 5G wireless networks. Shares of the the Cupertino, California-based technology giant were little changed in extended trading. The s
Source: Apple Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts during the company's Q1 2021 earnings call. Here's our ongoing live transcript of their remarks! If you want some quick analysis on Apple's results, we recommend checking out the awesome charts from Six Colors. Cook's opening remarks Tim Cook Good afternoon, everyone. Thanks for joining the call today. It's with great gratitude for the tireless and innovative work of every Apple team member worldwide that I share the results of a very strong quarter for Apple. We achieved an all-time time revenue record of $111.4 billio...
Apple's cautious outlook looms over US$111B sales haul Mark Gurman, Bloomberg News Apple Inc. shares slid 2.9 per cent in premarket trading Thursday after a cautious outlook from executives overshadowed quarterly revenue that topped US$100 billion for the first time. While the company didnât provide an official forecast for the fourth quarter in a row, executives said sales growth from AirPods and other wearables will decelerate in the current quarter. They also warned that Services sales in the period will face tougher comparisons with a year earlier. Overall, however, analysts saw the ...
El Intransigente Apple’s cautious outlook overshadows $111 billion sales haul IPhone revenue reaches $65.6 billion in sign of «super cycle». Company sees slower Wearables, AirPods and Services growth. Compártelo: 28 enero, 2021 Apple Inc. shares fell more than 3% in extended trading after a cautious outlook from executives overshadowed quarterly revenue that topped $100 billion for the first time. While the company didn’t provide an official forecast for the fourth quarter in a row, executives said sales growth from AirPods and other wearables will decelerate in the current quarter. T...
The Cupertino-based company crossed $100bn in quarterly revenue for first time in its history