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Apple Just Posted Its Best-Ever Quarter in History: 5 Things You Should Know
Apple announced the financial results for its fiscal 2026 first quarter on Thursday. The Cupertino-based tech giant posted a quarterly revenue of $143.8 billion (roughly Rs. 13.22 lakh crore), reaching a year-on-year (YoY) growth of 16 percent overall. The company CEO Tim Cook called it the “quarter for the record books,” highlighting that it w...
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Apple Forecasts Strong Sales Growth as iPhone Demand in Asia Rebounds
Apple said Thursday it expects revenue growth of up to 16 percent in the March quarter, exceeding forecasts on strong iPhone demand, a rebound in China, and faster momentum in India. The outlook follows a holiday-quarter earnings beat, with CEO Tim Cook describing demand for the latest iPhones as “staggering,” easing worries of a prolonged hard...
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Apple Predicts Higher Memory Costs Will Impact Its Q2 Gross Margin Despite Record Earnings
During its earnings call, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage chip prices in the supply chain. He said that rising RAM and storage costs had a limited impact on its financial performance so far. The iPhone maker expects the memory shortage to have a slightly greater effect on the Q2 gross margin. Apple reported record re...
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Apple Eyes Record Sales Even Without AI Sparkle Thanks To iPhone 17
Apple's quarterly results on Thursday are expected to show the company can spark a strong iPhone upgrade cycle even without the flashy artificial intelligence tools it has been slow to release, a delay that has dulled its appeal on Wall Street.
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TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-expected 39 percent rise in quarterly revenue. Hsinchu-based TSMC is one of the key companies at the heart of a global surge in spending on AI development.
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Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
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iPhone Assembler Foxconn Reports One-Percent Drop in Q2 Net Profit Amid Weak Global Demand for Electronics
iPhone assembler Foxconn on Monday reported that its Q2 net profits have dropped by one percent, amid a decline in consumer demand. The net profit for the April-June quarter slipped to T$33 billion (roughly Rs. XXX crore), according to the Apple supplier. Foxconn said it expects revenue for smart consumer electronics to see a year-on-year decline i...
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Apple Supplier Foxconn’s Sales Drop 9.5 Percent YoY Due to Low Global Smart Electronics Consumption
Taiwan's Foxconn said on Monday that revenue in May fell 9.5 percent year-on-year due to weakness in smart consumer electronics during the traditional low season. Foxconn, formally called Hon Hai Precision Industry, said revenue last month reached TWD 450.7 billion (roughly Rs. 1,21,300 crore), in line with its expectations, though it was up 5 perc...
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iPhone Assembler Foxconn's April Sales Fall 12 Percent On Slow Smartphone Business
Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler, said on Friday revenue in April fell 11.77 percent year-on-year due to weakness in smart consumer electronics, and expected business to drop this quarter.
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iPhone Sales Up 1.5 Percent as Apple's Quarterly Revenue Beats Expectations After Making Inroads in India
Apple's results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets.
-
Apple Just Posted Its Best-Ever Quarter in History: 5 Things You Should Know
Apple announced the financial results for its fiscal 2026 first quarter on Thursday. The Cupertino-based tech giant posted a quarterly revenue of $143.8 billion (roughly Rs. 13.22 lakh crore), reaching a year-on-year (YoY) growth of 16 percent overall. The company CEO Tim Cook called it the “quarter for the record books,” highlighting that it w...
-
Apple Forecasts Strong Sales Growth as iPhone Demand in Asia Rebounds
Apple said Thursday it expects revenue growth of up to 16 percent in the March quarter, exceeding forecasts on strong iPhone demand, a rebound in China, and faster momentum in India. The outlook follows a holiday-quarter earnings beat, with CEO Tim Cook describing demand for the latest iPhones as “staggering,” easing worries of a prolonged hard...
-
Apple Predicts Higher Memory Costs Will Impact Its Q2 Gross Margin Despite Record Earnings
During its earnings call, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage chip prices in the supply chain. He said that rising RAM and storage costs had a limited impact on its financial performance so far. The iPhone maker expects the memory shortage to have a slightly greater effect on the Q2 gross margin. Apple reported record re...
-
Apple Eyes Record Sales Even Without AI Sparkle Thanks To iPhone 17
Apple's quarterly results on Thursday are expected to show the company can spark a strong iPhone upgrade cycle even without the flashy artificial intelligence tools it has been slow to release, a delay that has dulled its appeal on Wall Street.
-
TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-expected 39 percent rise in quarterly revenue. Hsinchu-based TSMC is one of the key companies at the heart of a global surge in spending on AI development.
-
Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
-
iPhone Assembler Foxconn Reports One-Percent Drop in Q2 Net Profit Amid Weak Global Demand for Electronics
iPhone assembler Foxconn on Monday reported that its Q2 net profits have dropped by one percent, amid a decline in consumer demand. The net profit for the April-June quarter slipped to T$33 billion (roughly Rs. XXX crore), according to the Apple supplier. Foxconn said it expects revenue for smart consumer electronics to see a year-on-year decline i...
-
Apple Supplier Foxconn’s Sales Drop 9.5 Percent YoY Due to Low Global Smart Electronics Consumption
Taiwan's Foxconn said on Monday that revenue in May fell 9.5 percent year-on-year due to weakness in smart consumer electronics during the traditional low season. Foxconn, formally called Hon Hai Precision Industry, said revenue last month reached TWD 450.7 billion (roughly Rs. 1,21,300 crore), in line with its expectations, though it was up 5 perc...
-
iPhone Assembler Foxconn's April Sales Fall 12 Percent On Slow Smartphone Business
Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler, said on Friday revenue in April fell 11.77 percent year-on-year due to weakness in smart consumer electronics, and expected business to drop this quarter.
-
iPhone Sales Up 1.5 Percent as Apple's Quarterly Revenue Beats Expectations After Making Inroads in India
Apple's results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets.
