Apple Q2 Earnings
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Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
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TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
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Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
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Samsung Tops Global Smartphone Shipments in Q3; Apple Top Earner in Q2 2021: Reports
Samsung retained the top spot in global smartphone shipments in the third quarter of 2021, while Apple earned the most operating profit and revenue in Q2 2021, as per analyst reports. Global smartphone shipments declined 6 percent due in Q3 due to component shortages.
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iPhone 12 Most Popular in Series, Pro Models See ‘Strong Sales’: Tim Cook
During the earnings call for fiscal Q2 2021, Cook said that the iPhone 12 is the most popular in the series, but that the Pro models are also seeing ‘very strong sales’. “iPhone 12 is the most popular, but we did see very strong sales of the Pro portion of the family as well. So the revenue that you’re seeing is a function of unit growth an...
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OnePlus Leads Premium Smartphone Segment in India in Q2 2020, Bolstered by OnePlus 8 Sales: Counterpoint Research
OnePlus has regained its top rank in the premium smartphone segment in India during the second quarter of this year, according to an analysis by Counterpoint Research. Samsung followed closely in second, and Apple earned the third spot. The Chinese manufacturer’s impressive performance was boosted by the launch of its latest flagship model, the 5...
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Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
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Apple Delivers Blowout Q2 Results, Market Shrugs Off iPhone Delays
Apple delivered blowout quarterly results, reporting revenue gains across every category and in every geography. Apple CFO Luca Maestri confirmed a delay in this year’s iPhone launch. However, executives predicted continued strong performance from the company's products.
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Global Smartphone Shipments Drop 13 Percent in Q1 2020 Due to Pandemic, Q2 Could Be Worse: Research
Global smartphone shipments fell 13 percent in the first quarter of 2020 due to coronavirus pandemic, a report by research firm Canalys claims. The report says that after several quarters of decline, the market had seen two consecutive quarters of growth in the third and fourth quarters of 2019.
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Spotify Paid Music Subscribers Rise to 130 Million, Beats Quarterly Estimates
"We are fortunate that as a business we are able to operate with very little disruption and our hope is that providing music, information, and an escape for many can provide some joy and comfort," the company said in a statement.
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Apple Sets 'New First-Half Record' in India, Retail Initiatives in Pipeline: CEO Tim Cook
The latest comments from Apple CEO Tim Cook come months after the Union Cabinet opened an avenue for Apple Stores in India by giving green signal to 100 percent FDI through automatic route in single-brand retail.
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Samsung Posts Record Earnings on Memory Chips, Galaxy S8; Set to Overtake Apple
Samsung said operating profit soared a forecast-beating 72.9 percent from the previous year to $12.6 billion, compared with consensus forecasts of $10.6 billion for Apple.
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Apple Needs the 'iPhone 8' to Succeed More Than Ever
Apple faces more pressure than ever to deliver with its highly anticipated next-generation iPhone.
-
Galaxy phones drive Samsung to record profit during Apple lull
Samsung benefited from runaway demand for its Android-powered smartphones as rivals including Apple were yet to release new models.
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
-
TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
-
Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
-
Samsung Tops Global Smartphone Shipments in Q3; Apple Top Earner in Q2 2021: Reports
Samsung retained the top spot in global smartphone shipments in the third quarter of 2021, while Apple earned the most operating profit and revenue in Q2 2021, as per analyst reports. Global smartphone shipments declined 6 percent due in Q3 due to component shortages.
-
iPhone 12 Most Popular in Series, Pro Models See ‘Strong Sales’: Tim Cook
During the earnings call for fiscal Q2 2021, Cook said that the iPhone 12 is the most popular in the series, but that the Pro models are also seeing ‘very strong sales’. “iPhone 12 is the most popular, but we did see very strong sales of the Pro portion of the family as well. So the revenue that you’re seeing is a function of unit growth an...
-
OnePlus Leads Premium Smartphone Segment in India in Q2 2020, Bolstered by OnePlus 8 Sales: Counterpoint Research
OnePlus has regained its top rank in the premium smartphone segment in India during the second quarter of this year, according to an analysis by Counterpoint Research. Samsung followed closely in second, and Apple earned the third spot. The Chinese manufacturer’s impressive performance was boosted by the launch of its latest flagship model, the 5...
-
Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
-
Apple Delivers Blowout Q2 Results, Market Shrugs Off iPhone Delays
Apple delivered blowout quarterly results, reporting revenue gains across every category and in every geography. Apple CFO Luca Maestri confirmed a delay in this year’s iPhone launch. However, executives predicted continued strong performance from the company's products.
-
Global Smartphone Shipments Drop 13 Percent in Q1 2020 Due to Pandemic, Q2 Could Be Worse: Research
Global smartphone shipments fell 13 percent in the first quarter of 2020 due to coronavirus pandemic, a report by research firm Canalys claims. The report says that after several quarters of decline, the market had seen two consecutive quarters of growth in the third and fourth quarters of 2019.
-
Spotify Paid Music Subscribers Rise to 130 Million, Beats Quarterly Estimates
"We are fortunate that as a business we are able to operate with very little disruption and our hope is that providing music, information, and an escape for many can provide some joy and comfort," the company said in a statement.
-
Apple Sets 'New First-Half Record' in India, Retail Initiatives in Pipeline: CEO Tim Cook
The latest comments from Apple CEO Tim Cook come months after the Union Cabinet opened an avenue for Apple Stores in India by giving green signal to 100 percent FDI through automatic route in single-brand retail.
-
Samsung Posts Record Earnings on Memory Chips, Galaxy S8; Set to Overtake Apple
Samsung said operating profit soared a forecast-beating 72.9 percent from the previous year to $12.6 billion, compared with consensus forecasts of $10.6 billion for Apple.
-
Apple Needs the 'iPhone 8' to Succeed More Than Ever
Apple faces more pressure than ever to deliver with its highly anticipated next-generation iPhone.
-
Galaxy phones drive Samsung to record profit during Apple lull
Samsung benefited from runaway demand for its Android-powered smartphones as rivals including Apple were yet to release new models.
