Apple CEO Tim Cook says that the company has a "lot more to do," but is excited by how the first Apple Silicon M1 Macs have been received. Speaking during the legally-mandated quarterly earnings call, Cook responded to analyst questions about M1 Macs, the first of Apple's computers to be powered by in-house designed silicon. Stressing repeatedly that he sees…
Apple today announced financial results for its first fiscal quarter of 2021, which corresponds to the fourth calendar quarter of 2020. For the quarter, Apple posted revenue of $111.4 billion and net quarterly profit of $28.8 billion, or $1.68 per diluted share, compared to revenue of $91.8 billion and net quarterly profit of $22.2 billion,…
Apple is expected to release new 14-inch and 16-inch MacBook Pro models with Apple Silicon chips in late 2021, putting increased pressure on Intel, plus driving growth in the laptop market share. Taiwan-based research firm TrendForce says that although the Apple M1 chip was officially released in November 2020, its market share only reached 0.8% by the end of that year.…
The new M1-equipped Mac mini has propelled Apple to the number one spot in the Japanese desktop PC market in the two weeks after the device's launch. That's according to new data from Japanese analysis firm BCN Retail, which aggregated the sales data of mass retailers and online stores in the country. In the period between August 1 and…
Apple retained its position as the fourth-largest global notebook PC vendor in the third quarter of 2020, shipping six million units in total, according to a new report by Strategy Analytics. Apple shipped 1.7 million more notebook PC units in the third quarter of this year compared to last year, achieving growth of 39 percent. This…
Apple on Thursday reported its earnings for the fourth quarter of the 2020 fiscal year, including Mac revenue of $9 billion, a new quarterly record. Apple ended the year with annual Mac revenue of $28.6 billion, an all-time high. In its annual Form 10-K report [PDF], filed with the U.S. Securities and Exchange Commission today, Apple said…
Apple is facing antitrust scrutiny in a number of countries around the world, among them the US, UK, France, Germany, Australia, and South Korea. Japan is now joining the list. The new head of the country’s antitrust regulator has said that the country is ready to play its part in responding to anti-competitive behavior by…
Apple partner supplier TSMC reported earnings for the third quarter of 2020 on Thursday, revealing strong guidance for the coming period that provides vision into products like iPhone and Apple silicon Macs. For the just-ended quarter, TSMC notched revenue of 356.4 billion New Taiwan dollars (about $12.14 billion) and net income of NT$137.31 billion, up 21.6% and…
Apple's Mac segment grew nearly 39% year-over-year in the third quarter of 2020 amid double-digit growth across the broader PC market. As consumers and businesses switch to remote education and work during the ongoing coronaviruspandemic, research firm IDC estimates that global PC shipments grew 14.6% in Q3 2020 and reached 81.3 million units shipped. The research…
Apple stock is on its way to having its worst day since mid-March. Thus far today, AAPL is down nearly 6% as part of (and helping drive) broader market fluctuations. AAPL stock also fell on Wednesday and is down nearly 9% since Tuesday. As CNBC points out, today is on track to be the worst day for…
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