Apple today announced financial results for the fourth fiscal quarter of 2020, which corresponds to the third calendar quarter of the year. For the quarter, Apple posted revenue of $64.7 billion and net quarterly profit of $12.7 billion, or $0.73 per diluted share, compared to revenue of $64.0 billion and net quarterly profit of $13.7 […]

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Apple in September announced Apple One, a new series of services bundles that will let Apple device customers purchase several services together in one package instead of separately, saving money for those who use multiple Apple service products. Ahead of Apple’s earnings call, Apple CFO Luca Maestri told Bloomberg that ‌Apple One‌ is set to […]

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Apple’s iPhone 12 lineup launched too late to be included in the Q4 earnings results being shared today, but Apple CEO Tim Cook today said in an interview with CNBC that he’s “optimistic” about Apple’s ‌iPhone 12‌ sales because of 5G support, carrier promotions, and a loyal install base. According to Cook, initial data points […]

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Apple’s services category, which includes iTunes, the App Store, Mac App Store, Apple Music, Apple Pay, AppleCare, Apple TV+, Apple Arcade, Apple News+ and more, continues to see major growth each quarter. According to today’s earnings report covering the fourth fiscal quarter of 2020 (third calendar quarter), Apple’s services segment brought in $14.5 billion, up […]

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During today’s earnings call for the fourth fiscal quarter of 2020 (third calendar quarter), Cook said that while he doesn’t want to give too much away, “this year has a few more exciting things in store.” Cook is likely speaking about the Apple Silicon Macs, as Apple has previously said the first ‌Apple Silicon‌ Mac […]

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Apple’s Wearables, Home, and Accessories category, which was previously known as the “Other” category, brought in record revenue in the fourth fiscal quarter of 2020, hitting $7.9 billion, up 21 percent from $6.5 billion in the year-ago quarter. Apple CFO Luca Maestri said that Apple hit September quarter records in every geographic segment in these […]

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With many people continuing to learn and work from home, Apple’s Mac sales in the fourth quarter of 2020 hit a new all-time revenue record, hugely outpacing sales in the fourth quarter of 2019. Apple’s Mac category brought in $9 billion, up from $7 billion in the year-ago quarter, marking growth of 29 percent. Apple […]

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During today’s earnings call covering the fourth quarter of 2020, Apple CEO Tim Cook was asked about Apple’s payment services, where he said that contactless payment usage could see growth in the United States due to the pandemic, where people are aiming to use cash less and less. As you can imagine in this environment, […]

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Multiple Apple products are seeing supply constraints, including the new iPhone 12 models, Macs, iPads, and some Apple Watch models. Apple CEO Tim Cook today told investors that Apple is “working really, really hard” to remedy the supply issues. If you look at iPhone, we’re constrained today. Not a surprise at the front end of […]

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New Macs are on the horizon, with Apple promising to release the first Mac with an Apple Silicon chip before the end of 2020, and Apple’s latest macOS Big Sur 11.0.1 beta suggests we could see several Macs updated. Files in the macOS Big Sur beta discovered by HarckerTech on Twitter point to three unreleased […]

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