Yep, iPhone revenue is down

January 30, 2019

Apple’s Q1 earnings are in, and things don’t look too rosy for the iPhone. Revenue for the handset has declined 15 percent year over year for the quarter. It’s a pretty hefty drop for a device that’s been flying high for so long, but you can’t say Apple didn’t warn us. Earlier this month, Tim Cook noted that the company was lowering its guidance, thanks in no small part to…

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Apple Beats Sales Estimates; Shares Rise

May 2, 2018

Revenue grows the most since 2015; sales of wearables jump IPhone sales meet projections; Apple sees more revenue gains Apple Inc. reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most-important product. The Cupertino, California-based company also raised its dividend, unveiled a new $100 billion share buyback and climbed following the results. Apple revenue rose 16 percent to…

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Fitbit beats analyst estimates but takes a net loss of $113 million in Q3

November 6, 2017

It seems Fitbit is only slightly benefitting from the news of its new products — particularly the Fitbit Ionic device. The company just reported it beat analyst estimates with a non-GAAP net loss per share of $0.01, with $393 million in revenue; though that’s down from the $504 million in revenue last October, leading to a net loss of $113 million, or 48 cents per share. Yahoo Finance analysts had…

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Tim Cook will take this Apple Watch secret to the grave\n

July 24, 2017

This is the look Apple CEO Tim Cook gives you when you ask him for more details about Apple Watch sales.Image: Evan Vucci/AP/REX/Shutterstock Tim Cook has a secret about the Apple Watch, and he’s not any closer to telling us. Apple’s latest quarterly earnings report for Q2 2017 was yet another big showing for the company, and CEO Tim Cook was, as always, pleasant and positive on the publicly-streamed conference…

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Tim Cook will take this Apple Watch secret to the grave\n

May 24, 2017

This is the look Apple CEO Tim Cook gives you when you ask him for more details about Apple Watch sales.Image: Evan Vucci/AP/REX/Shutterstock Tim Cook has a secret about the Apple Watch, and he’s not any closer to telling us. Apple’s latest quarterly earnings report for Q2 2017 was yet another big showing for the company, and CEO Tim Cook was, as always, pleasant and positive on the publicly-streamed conference…

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