Apple’s $64.7B Q4 beats Street estimate, but China sales flag

By news@appleinsider.com (Malcolm Owen) Apple’s revenue in the fourth and final quarter of the fiscal year 2020 reached $64.7 billion, the iPhone maker revealed on Thursday, with the quarter also resulting in Apple’s highest annual revenue figure.Announced by Apple ahead of a customary conference call with analysts, Apple earned $64.7 billion for the quarter ending September 2020, an increase of about 1% from the $64 billion earned last year. Earnings-per-share for the quarter reached $0.73, down from the $3.03 seen in pre-stock split Q4 2019.The gross margin of $24.7 billion is up from the $24.3 billion seen in Q4 2019, while operating expenses hit $9.9 billion….

Source:: Apple Insider

      

Deals: iPad Air 4 discount returns, prices slashed on Apple Watch SE, Beats, AirPods Pro in Early Black Friday Sale

By news@appleinsider.com (Christine McKee) Proving to be a popular deal after initially selling out, Amazon has reissued its $40 discount on the brand-new iPad Air, this time on the tablet in the stylish green finish. Early Black Friday deals on Beats and the new Apple Watch SE offer savings of up to 44% off, plus last call for $199 AirPods Pro.iPad Air 4 on saleIt’s back. Price wars continue to offer shoppers aggressive savings on new Apple hardware, with the …

Source:: Apple Insider

      

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