Displaying items by tag: Luca Maestri

Apple has reported revenue of US$90.8 billion (A$137.34 billion) for its fiscal 2024 second quarter which ended on 30 March, down 4% year-on-year.

Apple has recorded quarterly revenue of US$81.8 billion (A$124.5 billion) for its third fiscal quarter which ended on 30 June, a drop of 1% year-on-year, the company said on Thursday.

Apple has performed the best among big technology companies for the current quarter, posting US$90.1 billion (A$140.6 billion) in revenue, an increase of 8% year-on-year.

Apple's biggest supplier, Foxconn Technology, has been forced to halt recruitment at its complex in the central city of Zhengzhou, raising fears over the extent to which this would upset Apple's production schedules.

Apple's iPhone sales fell sharply, both for the fourth quarter of its financial year and also for the full year, the company's results, released on Friday, show.

The coronavirus pandemic has failed to halt the growth of the Apple juggernaut, with the company posting quarterly revenue of US$58.3 billion for its second quarter, an increase of 1% year-on-year. Earnings at US$11.25 billion were slightly down from US$11.56 billion posted in the corresponding 2019 quarter.

Apple's iPhone revenue for the first quarter of the financial year 2019, which ended on 29 December, was down by 15% compared to the corresponding quarter a year prior, but its total revenue from all other products and services grew by 19% year-on-year.

Apple has reported better earnings than expected for its fiscal fourth quarter, but the company's shares fell 7% on Thursday after chief executive Tim Cook warned that the next quarter, that covers the holiday season, could see less sales than predicted.

A smaller than usual rise in iPhone shipments has not prevented Apple from delivering its best June quarter, with the world's richest technology company registering revenue of US$53.3 billion for the third fiscal quarter.

Apple's revenues for the second quarter of the current financial year rose to US$61.1 billion, a 16% rise from the corresponding quarter in the previous financial year. International sales accounted for 65% of the revenue in the quarter.

Apple sold less iPhones in the latest quarter but earned a lot more than a year ago, given the price of its iPhone X began at US$1000, according to the company's results for the first fiscal quarter of 2018. The user base of active devices rose to 1.3 billion in January.

Apple sold a record 78.3 million iPhones during the first quarter of fiscal 2017 which ended on 31 December 2016, the company announced on Tuesday, US time.

Apple has done it yet again, despite the incredibly negative suggestions and speculation that Apple wouldn’t be able to deliver record results this time around.