AAPL

Apple today announced that its next quarterly earnings conference call will be held on Thursday, October 31 at 2 p.m. Pacific Time/5 p.m. Eastern Time. On the call, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the fourth quarter of its 2024 fiscal year. It will likely be Maestri's final earnings call at Apple, as he will be succeeded by Kevan...

Apple's stock price today dropped amid a broader roader technology sector sell-off that has wiped out nearly $900 billion in market value (via Reuters). Apple's stock fell by over 4%, largely influenced by Berkshire Hathaway's announcement that it has almost halved its stake in the company from 5.6% to approximately 2.8%, alongside escalating fears of a recession in the United States. The...

Apple will report its earnings results for the third quarter of its 2024 fiscal year on Thursday, August 1 at 1:30 p.m. Pacific Time. Apple's CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts a half hour later. Keep reading for some key things to know about the quarter, including a recap of new products announced, revenue expectations, and more. ...

Apple recently announced that its next quarterly earnings conference call will be held on Thursday, August 1 at 2 p.m. Pacific Time. On the call, which anyone can listen to, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the third quarter of the 2024 fiscal year. During the quarter, spanning March 31 through June 29, Apple released new iPad Pro...

Apple's stock price continues to surge following its WWDC keynote this week, where it introduced an Apple Intelligence suite of AI features coming to the iPhone, iPad, and Mac. In intraday trading today, Apple overtook Microsoft to become the world's most valuable company again, but the two tech giants may trade places throughout the day. Apple's stock crossed the $200 mark and set a new...

Apple's stock price has crossed the $200 mark and reached a new all-time high in intraday trading, one day after the company unveiled its Apple Intelligence suite of AI features coming with iOS 18, iPadOS 18, and macOS Sequoia. Apple's stock price has split five times since the company went public, including on a 4-for-1 basis in 2020 most recently. This means that Apple's stock price would...

Fans of large numbers will be happy to know that Apple became a $3 trillion company again today based on market cap, which is the total value of all of the company's outstanding shares. However, chipmaker Nvidia stole the moment. Nvidia not only crossed the $3 trillion mark today for the first time ever, but it overtook Apple to become the world's second most valuable company as of market...

Apple today held its earnings call for the second fiscal quarter of 2024 (first calendar quarter), with Apple CEO Tim Cook and Apple CFO Luca Maestri providing us with some details on Apple's performance, Vision Pro sales, services growth, AI plans, and other topics. We've highlighted the most interesting takeaways from today's earnings call. Next Week's Announcements Apple CEO ‌Tim Cook‌...

During today's earnings call covering the second fiscal quarter of 2024, Apple CEO Tim Cook again spoke about Apple's work on generative AI. He said that Apple has "advantages" that will "differentiate" the company in the era of AI, and some "very exciting things" will be shared with customers in the near future. We continue to feel very bullish about our opportunity in generative AI. We are ...

Apple will report its earnings results for the second quarter of its 2024 fiscal year on Thursday, May 2 at 1:30 p.m. Pacific Time. Apple's CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts a half hour later. Keep reading for some key things to know about the quarter, including a recap of new products announced, revenue expectations, and more. Ne...

Apple's CEO Tim Cook this week sold 196,410 shares of the company's stock, which had a total value of approximately $33.2 million based on the average sale price of the transactions, according to a U.S. Securities and Exchange Commission filing. After taxes, Cook netted nearly $16.4 million from the sales. Cook received all of the shares that he sold this week as a performance-based stock...

Apple today announced that its next quarterly earnings conference call will be held on Thursday, May 2 at 2 p.m. Pacific Time. On the call, which will be streamed live on Apple's investor website, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the second quarter of the 2024 fiscal year. During the quarter, which ran from December 31, 2023 through...

Apple today held its annual shareholders meeting, and during the event, Apple CEO Tim Cook once again commented on Apple's AI plans. Cook said that the company will "break new ground" in generative AI in 2024. "We believe it will unlock transformative opportunities for our users," said Cook. Cook has made several statements on Apple's artificial intelligence ambitions in recent months. Back...

Some of Apple's biggest investors are set to pressure the company tomorrow to reveal its use of artificial intelligence tools (via the Financial Times). Apple's annual shareholder meeting takes place tomorrow, allowing those with a major stake in the company to put forward proposals. One resolution proposed by the American Federation of Labor and Congress of Industrial Organizations...

Apple today held its earnings call for the first fiscal quarter of 2024 (fourth calendar quarter of 2023), with Apple CEO Tim Cook and Apple CFO Luca Maestri sharing details on Apple's performance, recent product sales, services growth, and more. We've highlighted the most interesting takeaways from the earnings call. EU App Ecosystem Changes Maestri and Cook were asked about possible...

Microsoft today overtook Apple as the world's most valuable public company by market value. Apple's share price dropped by just one percent, enabling Microsoft to narrowly pull ahead of Apple at a value of $2.87 trillion. Microsoft has briefly overtaken Apple as the most valuable company since 2018, most recently in 2020 and 2021 when concerns about supply chain shortages dented Apple's...

Apple has announced that its first earnings call of 2024 will be held on February 1, one day before the Vision Pro launches in the United States. On the call, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the first quarter of the 2024 fiscal year. The executives will almost certainly provide some additional commentary about the Vision Pro. A...

Apple will report its earnings results for the fourth quarter of its 2023 fiscal year on Thursday, November 2 at 1:30 p.m. Pacific Time. Apple's CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts a half hour later. Keep reading for some key things to know about the quarter, including a recap of new products announced, revenue expectations, and more. ...

Apple has announced that it will report its earnings results for the fourth quarter of the 2023 fiscal year on Thursday, November 2. The report will be available at 1:30 p.m. Pacific Time on that day, and Apple's CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts at 2:00 p.m. Pacific Time. A live audio stream of the call will be available on Apple's ...

Apple CEO Tim Cook netted around $41.5 million after taxes this week after selling 511,000 shares of Apple stock that he received as part of a performance-based award, according to a filing released by the U.S. Securities and Exchange Commission. The stock award was determined based on Apple's total shareholder return relative to the other companies in the S&P 500 between the first day of...