The fiscal third-quarter results announced last week covered an April-June period that's typically a sluggish stretch for Apple as its loyal customer bases awaits the next version of the iPhone that's traditionally unveiled shortly after Labor Day.
Even so, Apple boosted its sales from a year ago — a welcome reversal of fortune on the heels of five consecutive quarters of year-over-year revenue declines.
This time around, Apple’s revenue rose 5% from a year to $85.78 billion — a figure that exceeded analysts’ projections. The Cupertino, California, company earned $21.45 billion, or $1.40 per share, an 8% increase from the same time last year. The profit also topped analyst forecasts.
Apple’s shares swung between slight increases and modest declines after the announcement as investors assessed the results.
Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year to $39.3 billon. That decrease wasn’t as bad as the January-March period when iPhone sales plummeted 10% from last year, and now the product appears headed toward a major upswing.
هذه القصة مأخوذة من طبعة August 10, 2024 من Techlife News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 10, 2024 من Techlife News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
OFFSHORE WIND INDUSTRY SAYS 'MISINFORMATION' FROM FOES IS A STRONG HEADWIND IT MUST FIGHT
The U.S offshore wind energy industry says it needs to fight back against disinformation being spread by opponents of wind farms.
HOW TO PROTECT YOURSELF FROM SCAMMERS OFFERING FAKE JOBS
Between finding openings, sending out your resume and interviewing, looking for a job is tough. Now a growing trend of scammers impersonating recruiters is making it even harder.
HOW TO PREPARE YOUR BODY AND MIND FOR THE END OF DAYLIGHT SAVING TIME
The good news: You will get a glorious extra hour of sleep. The bad: It’ll be dark as a pocket by late afternoon for the next few months in the U.S.
IN 'IBELIN' AND 'GRAND THEFT HAMLET,' VIDEO GAME REALMS DRAW FILMMAKERS WITH VIRTUAL CAMERAS
Film productions often wrestle with shifts in the weather, the threat of the crew going into overtime or the fading of a day’s light. Less common are concerns over the cast slipping off the top of a blimp.
RESEARCHERS SAY AN AI-POWERED TRANSCRIPTION TOOL USED IN HOSPITALS INVENTS THINGS NO ONE EVER SAID
Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”
WORLD SERIES GAME 3 AVERAGES 13.64 MILLION.BEATS 'MONDAY NIGHT FOOTBALL'
The World Series beat “Monday Night Football” in the battle for television viewers.
FITNESS APP STRAVA GIVES AWAY LOCATION OF BIDEN, TRUMP AND OTHER LEADERS, FRENCH NEWSPAPER SAYS
An investigation by French newspaper Le Monde found that the highly confidential movements of U.S. President Joe Biden, presidential rivals Donald Trump and Kamala Harris, and other world leaders can be easily tracked online through a fitness app that their bodyguards use.
GOOGLE'S MONEYMAKING MACHINE STILL PUMPING OUT MASSIVE PROFITS DESPITE MULTIPLE THREATS
Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire.
ROBERT DOWNEY JR. SAYS HE 'INTENDS TO SUE' ALL FUTURE EXECUTIVES WHO USE HIS AI REPLICA
Robert Downey Jr. doesn’t think Marvel executives would ever recreate his portrayal of Tony Stark using artificial intelligence. But if they did, he would lawyer up — even posthumously.
APPLE LAUNCHES THE IPHONE INTO THE AI ERA WITH FREE SOFTWARE UPDATE
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 lineup as the trendsetting company tries to catch up with technology’s latest craze.
