quarterly earnings

Tim Cook: iPhone X pricing, strategy here to stay [UPDATE]

Tim Cook: iPhone X pricing, strategy here to stay [UPDATE]

This is the first time since the iPhone line was split into two devices that the more expensive unit sold more than the lesser. That's what Apple CEO Tim Cook suggested during Apple's fiscal Q2 financial results call this afternoon. Cook responded to a question of the current Apple strategy of releasing three phones at once - specifically on the iPhone X and it's starting price of $999 USD. Tim Cook said he couldn't be prouder of the work they'd done and the way they've done business in the quarter at hand - and the one before that, too.

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Apple Q2 2018: When “doomed” is actually $61.1bn in revenue

Apple Q2 2018: When “doomed” is actually $61.1bn in revenue

Apple has published the financial results for its fiscal Q2 2018, revealing a 16-percent increase in quarterly revenue to $61.1 billion. The company primarily has international sales to thank for the success -- 65-percent of Q2 2018's sales were overseas. Overall, Apple saw its strongest March quarter ever, giving the company another record milestone.

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Sony earnings: PS4 booming, Mobile not so much

Sony earnings: PS4 booming, Mobile not so much

Sony's earnings report for the year 2017 suggested they'd sold a whopper of an amount of units of their current gaming console, PlayStation 4. After selling 76 million+ PlayStation 3 units over the product's lifetime, Sony's on track to sell that many by the end of the current financial year. That's no small feat - but it's still a while away from the greatest selling home console of all time - PlayStation 2.

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Apple says Q1 2018 was its biggest quarter ever with $88b in revenue

Apple says Q1 2018 was its biggest quarter ever with $88b in revenue

Apple has announced record revenue in its first quarter for the fiscal year, having raked in an all-time quarterly record of $88.3 billion. This represents a 13-percent year-on-year increase, according to Apple, which says that 65-percent of Q1's revenue was from international sales. In a statement, Apple CEO Tim Cook credited the new iPhone lineup, and the iPhone X in particular, with helping spur the company's biggest quarter ever.

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iPhone sales revenue Q1 2018: iPhone X premium pricing in effect

iPhone sales revenue Q1 2018: iPhone X premium pricing in effect

Apple released Q1 2018 earnings this afternoon with iPhone revenue up, but unit sales down, year over year. Because units went down but revenue went up, we can assume only one thing: People are spending more cash on their iPhone. That very likely means that the iPhone X took a big chunk of sales this quarter, and also likely means that iPhone sales tended to trend higher - the larger of the two standard iPhone 8 models, and iPhone X.

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Apple had its best fourth quarter ever with $52 billion in revenue

Apple had its best fourth quarter ever with $52 billion in revenue

Apple has announced its fiscal Q4 2017 quarterly results, saying that it achieved record revenues during the quarter that ended on September 30. Overall, the company raked in $52.6 billion during the past quarter, a 12-percent increase over the same quarter last year. It marked good times for the company's Services, too, which had its best quarter ever. Overall, Apple says that 62-percent of its revenue last quarter came from international sales.

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Why Tesla Model 3 production seems a little low

Why Tesla Model 3 production seems a little low

Tesla just reported their Q3 Vehicle Deliveries and Production results for the Model S, Model X, and Model 3. This was apparently the company's all-time best quarter for deliveries on both the Model S and the Model X - by just a tiny bit - at a 4.5% increase over this same quarter in the year 2016. Quarter-by-quarter, though, Tesla's production rose a cool 17.7% (over Q2, 2017).

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Apple Earnings Q3: $APPL up as all product revenue grows

Apple Earnings Q3: $APPL up as all product revenue grows

Apple's latest earnings call says that Services Revenue is the big winner for the quarter - while the rest is up for the third quarter in a row. That includes quarterly revenue of $45.4 billion compared to this same quarter one year ago at a revenue of $42.4 billion. "With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services revenue," said Apple CEO Tim Cook.

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iPhone sales up in Q3 despite iPhone 8 promises

iPhone sales up in Q3 despite iPhone 8 promises

Apple has just announced the results of its third fiscal quarter 2017, and detailed among the numbers is word about the iPhone's performance. The company has revealed that its iPhone sales were better than had been expected, increasing 1.6-percent year-on-year to hit the 41.03 million unit mark this past quarter; this is compared to the 40.4 million units it moved in the same quarter last year.

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Samsung beats Intel to become world’s biggest chipmaker

Samsung beats Intel to become world’s biggest chipmaker

We've been anticipating such an announcement for a couple months, and now it's finally here: Samsung has officially bumped Intel down a peg, taking over the top slot as the world's premiere chipmaker. It has been expected for a couple months now that Samsung would announce record-breaking profits in its latest Q2 report, and that's exactly what happened. Among the details is a big tidbit: Samsung's chip business had higher sales revenue than the entirety of Intel this past quarter.

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LG G6 sales aren’t doing it for the company

LG G6 sales aren’t doing it for the company

The LG G5 was an utter flop last year. But if LG was hoping the G6 would be its salvation, better luck next time. The Korean giant has just released its second quarter financials and, while it’s doing OK over all, its mobile division isn’t turning out to be so healthy. LG says that its mobile business basically saw no change compared to second quarter of 2016. And that’s all due to the “weaker than expected” sales of premium smartphones, a.k.a. the LG G6.

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Tesla boasts record production and car deliveries during Q1 2017

Tesla boasts record production and car deliveries during Q1 2017

Tesla's first quarter fiscal results are in and things are looking up. The company reports a huge 64-percent vehicle production increase year-on-year; during Q1, the automaker delivered 25,051 vehicles to customers. This ultimately resulted in $2.7 billion in GAAP revenue, though year-on-year losses increased this past fiscal quarter due to 'operations improved' during its most recent fourth fiscal quarter. All things considered, Tesla says that it is still on track for the initial Model 3 production to kick off in July.

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