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Apple updated its "risk factors" section in its latest 10-K filing. The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features.
Apple stock tipped lower Friday after Wall Street's first look at whether the company’s Apple Intelligence platform is juicing iPhone sales. Apple's earnings revealed EPS of $0.97 on revenue of ...
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain ...
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
Apple shares were down as much as 3% in after-hours trading. The company's stock was down almost 16% year-to-date as of market close Thursday, just before reporting earnings.
Apple's largest acquisition was that of Beats Electronics in August 2014 for $3 billion. [7] Of the companies Apple has acquired, 71 were based in the United States. In early-May 2019, Apple CEO Tim Cook said to CNBC that Apple acquires a company every two to three weeks on average, having acquired 20 to 25 companies in the past six months alone.
In August 2024, Affirm reported nearly 18.7 million users, 303,000 active merchants and $26.6bn in annual GMV for its fiscal year ending June 30, 2024. [1] [11] In September 2024, the company's installment loans became available to shoppers using Apple Pay, as part of the previously announced partnership between Affirm and Apple. [68]
Despite the miss, Apple CFO Luca Maestri told Yahoo Finance's Josh Lipton that the company's sales are generally improving in the region. What's more, Maestri said Apple is seeing record upgrades ...