By news@appleinsider.com (William Gallagher) Apple has revealed $9.329 billion sales in the greater China region, making a small increase over the same period last year.During its legally-mandated third quarter 2020 financial call, Apple revealed earnings of $9.33 billion in China. That compares to $9.12 billion in the same quarter 2019, making a 1.9% increase in a territory where Apple has recently struggled.”The growth that we saw….” said Tim Cook on the call, “we did see growth in Greater China for the quarter of 2% [but currency fluctuations] affected China a bit more than in other places. In constant currency we would have grown 6%.”…
By news@appleinsider.com (Wesley Hilliard) In 2016, Apple announced the plan to double its services revenue by the end of 2020. The company achieved that goal six months ahead of schedule.Apple continues to grow despite the condition of the world economy…
By news@appleinsider.com (Stephen Silver) Apple’s first virtual Worldwide Developers Conference in June saw 22 million app makers tune in, setting “a new standard for what online events can achieve.”Tim Cook at 2020 WWDC During Apple’s earnings conference call Tuesday, Apple CEO Tim Cook shared some numbers about the success of the company’s virtual WWDC in June….
By news@appleinsider.com (Mike Wuerthele) Following the publication of its third fiscal quarter of 2020 results, Apple CEO Tim Cook and Chief Financial Officer Luca Maestri are providing additional detail surrounding the particulars of the report during an hour-long conference call.Tim Cook (left) and Luca Maestri (right)Apple’s third fiscal quarter of 2020 earnings…
By news@appleinsider.com (William Gallagher) Apple’s CEO has said that staff will not be returning to its US offices until early next year, saying the final date still depends upon the …
By news@appleinsider.com (Mike Peterson) Apple’s stock price has hit a new milestone of $400 per share in after hours trading on Thursday after the company reported better-than-expected quarterly earnings of $59.7 billion for its third fiscal quarter of 2020.Credit: AdobeThe price of a share of AAPL has been on the rise since a low-point on March 23 amid …
By news@appleinsider.com (Mike Wuerthele) Six years after Apple had its last split, the company has announced that a four-to-one stock split will happen on August 24.Apple’s Board of Directors has approved a four-for-one stock split, “to make the stock more accessible to a broader base of investors” says the company. Each Apple shareholder of record at the close of business on August 24, 2020 will receive three additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on August 31, 2020.This is on top of an earnings report for a coronavirus-impacted quarter that is well above Wall Street’s expectations….
By news@appleinsider.com (Malcolm Owen) Apple has reported revenue earnings of $59.7 billion for the third quarter of 2020, beating Wall Street estimates, in a quarter where the company continues to feel the effects of the COVID-19 pandemic.Overall revenue for Apple is up/down 11% from …
By news@appleinsider.com (Mike Peterson) Internal emails provided to the House Judiciary Committee as part of its antitrust probe indicate that there is some debate and uncertainty surrounding Apple’s position on the “right to repair.”Credit: AppleApple has historically …
