Apple extends share buybacks by $90B, raises dividends by 5%
Apple has announced that it has authorized a new share buyback program totaling $90 billion and is raising its dividend by 5%. Apple logo The announcement came after Apple reported stronger-than-expected results for the March quarter, with revenues totaling $94.0 billion. Read more… Source link
Apple has another record-breaking quarter, reporting $97.28B in revenue for Q2 2022
Apple has confirmed it has raked in $97.28 billion in revenue in the second quarter of 2022, again breaking its year-over-year figures in a still challenging environment. Announced by the iPhone maker on Thursday ahead of the usually-scheduled conference call with analysts, the revenue for the quarter ending March 2022 is an increase year-over-year from […]
Snap Pixy launches as the Snapchat-makers first drone camera
Far from the seemingly outlandish and elusive Metaverse is Snap’s much more grounded and accessible Pixy. Well, that is if you are living in the US or France, the only markets where it has been launched for now. It retails at $229 (around ₹17,548) and for that price, you are getting a small drone that […]
Apple sees March quarter records for iPhone, Mac, Services & More
Apple has announced that its $77.5 billion revenue from products was a March quarter record, as was the number of Mac users upgrading to new devices. Speaking during Apple’s legally-mandated earnings call, Chief Financial Officer Luca Maestri said that the company was “pleased to report very strong financial results for the March quarter.””[We] set a […]
'Disney Dreamlight Valley' coming to Mac in 2023
Gameloft has announced a new adventure game featuring Disney and Pixar characters that will be free-to-play on Mac when it arrives in 2023. “Disney Dreamlight Valley” is a life-simulation adventure game geared toward players of all ages. It’s slated for a summer 2022 launch as an Early Access title on Xbox, with a full release […]
Apple forecasts $4B to $8B revenue hit in Q3 because of Covid disruptions
Apple is not providing revenue guidance for the June quarter, but says that it expects a $4 billion to $8 billion impact from Covid-19 disruptions and supply constraints. Credit: Foxconn Luca Maestri, Apple’s chief financial officer, said that Apple is expecting year-over-year revenue performance to be impacted in the June quarter because Covid-19 lockdowns and […]
Apple says reduced iPad revenue is partially a result of supply constraints
The iPad line brought in $7.65 billion in revenue in Q2 2022, down year-over-year from 2021, and Apple attributes this to supply constraints rather than lack of demand. The iPad Air 5 is driving demand despite a decrease in revenue Apple brought in $97.28 billion in revenue and the iPad contributed to $7.65 billion of […]
Notes of interest from Apple's Q2 2022 earnings report and conference call
Apple posted another record-breaking quarter, beating the street consensus in nearly every regard. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and CFO Luca Maestri. Apple CEO Tim Cook (left) with CFO Luca Maestri Ahead of the usually-scheduled conference call with analysts, Apple reported $97.28 billion in […]
Call of Duty: Mobile Season 4 Wild Dogs update rolling out now
Call of Duty: Mobile’s Season 4 Wild Dogs update is finally out. The update should be available to all users, and if you haven’t got it yet, just sit tight and you should get it soon. As with any major update, players can expect a bunch of new updates. This includes new maps, new game […]
Alleged 'iPhone 14' display panels shown in leaked photo
Images of the display panels for the “iPhone 14” lineup have been shared online showing off the new pill-and-hole cutouts. Apple’s pill-and-hole cutout put on display in latest leaks Manufacturers are preparing for mass production of the “iPhone 14,” so parts are sure to begin leaking out. A photo showing off the potential display panels […]