Tim Cook says Apple is working on a ‘large project’ around autonomous systems
Earlier this year, Tim Cook called self-driving car technology “incredibly exciting” and said that Apple is focusing heavily on autonomous systems. During Apple’s earnings call today, however, Cook offered some more color on Apple’s investments in autonomy…
Apple Pay expanding to the UAE, Denmark, Finland, & Sweden by year’s end
Buried in today’s Q3 2017 Apple earnings call was Luca Maestri’s announcement that Apple Pay is coming to a handful of new countries by the end of the year. The Apple CFO announced that Apple Pay will come to the UAE, Denmark, Finland, and Sweden by the end of this year…
Apple announces it has now sold over 1.2 billion iPhones
Tim Cook today touted that Apple has now sold over 1.2 billion iPhones, a milestone achieved in just a decade. The news was announced during Apple’s Q3 2017 earnings call and comes a year after Apple revealed it had sold 1 billion iPhones.
Apple increasing production capacity for AirPods as availability issues persist
Since their release late last year, Apple’s completely wireless AirPods have been plagued by availability and supply issues. While they’re sometimes easy to find from third-party retailers, they’re still nearly impossible to come by in Apple retail stores and are carry a 6-week shipping window from Apple’s online store.
During Apple’s earnings call today, Tim Cook noted of the production difficulties and said the company is working to make AirPods as available as possible…
Tim Cook hopeful China will loosen regulations on VPN applications
Over the weekend, Apple made the controversial decision to remove VPN applications from the App Store in China in response to local laws. CEO Tim Cook was asked about this decision during the company’s Q3 earnings call this evening…
Tim Cook: iPhone 8 rumors cause temporary dip, but that ‘bodes well for the future’
In addition to Tim Cook’s comments and answers to the press’ questions on Apple’s earnings call today, Cook has spoken with The Wall Street Journal, sharing some more thoughts on the company’s successful fiscal Q3 and predictions for the iPhone 8.
Tim Cook dodges question about Trump’s claim of US Apple plants, says company is committed to job creation
During the company’s Q3 earnings call this evening, Tim Cook finally addressed President Trump’s promise that Apple had agreed to build three “big, beautiful” production plants in the United States. While Cook was somewhat vague in his response, he explained that Apple is committed to the U.S. economy and looking how to expand its investments.
AAPL hits all time high in after hours trading
In after hours trading following Apple’s announcement of strong fiscal Q3 results, AAPL stock has jumped to almost $160 as of this writing.
Live blog: Apple’s fiscal year Q3 2017 earnings call
Apple just announced its earnings for the third quarter of 2017, reporting profits of $8.72 billion on revenues of $45.4 billion. The company sold 41 million iPhones, 11.4 million iPads, and 4.29 million Macs.
Now that the numbers are out there in the public, Apple is set to hold its quarterly earnings call, which will kick-off at 2PM PT/5PM ET and we’ll have live coverage right here…
Apple announces Q3 2017 revenue of $45.4b: 41m iPhones, 11.4m iPads, 4.29m Macs
Apple has announced its latest quarter results including $45.4b in revenue from 41m iPhones, 11.4m iPads, and 4.29m Macs sold.
FY17 Q3 results compare to the previous quarter’s $52.9 billion in revenue, $11.03 billion in profit, 50.7 million iPhones, 8.92 million iPads, and 4.19 million Macs. In the same quarter a year ago, Apple reported $42.4 billion in revenue, $7.8 billion in profit, 40.4 millions iPhones sold, 9.9 million iPads sold, and 4.2 million Macs sold.
Full press release after the break, and stick around for our earnings call live blog at the top of the hour: