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  • Apple Tumbles 6.5% After Growth Flattens

    Apple Tumbles 6.5% After Growth Flattens

    Normally, a 6 percent drop in a stock price is somewhat significant but probably wouldn’t be considered a huge deal. But it’s a different story for Apple, where a 6 percent drop erases tens of billions of dollars in value. That’s exactly what happened during trading today following the company’s earnings report last night, which signaled the company’s first… Read More

  • Apple TV And Apple Watch (Probably) Had A Big Quarter

    Apple posted its quarterly earnings after the bell on Tuesday, showcasing record profits of $18.4 billion. While the release made it easy to determine that 74.8 million iPhones were sold, in line with analyst estimates, Apple’s “other” category makes it difficult to assess how many Apple Watches and TVs were purchased. Read More

  • Apple Shows Soft China Revenues At $18.37B In Q1, Up 14% YoY

    Apple Shows Soft China Revenues At $18.37B In Q1, Up 14% YoY

    Apple showed soft year-over-year revenue growth for China in Q1, and it’s clear the party may be slowing down in the region. During Q1, Apple saw 14 percent year-over-year revenue growth in the Greater China region, which accounts for the company’s sales in China, Taiwan and Hong Kong. Read More

  • Apple’s iPhone Grows 0.4% Yearly With 75 Million Units Sold In Q1

    Apple’s iPhone Grows 0.4% Yearly With 75 Million Units Sold In Q1

    Apple today reported sales of 74.8 million iPhones, 16.1 million iPads, and 5.3 million Macs in its Q1 earnings report today. Apple’s first quarter includes holiday sales, as the three-month period ends December 31, 2015. As such, it was supposed to be one of Cupertino’s best quarters of the year. Plus, the iPhone 6s and iPhone 6s Plus both went live on September 25, meaning… Read More

  • Apple Beats Earnings Expectations, But Misses On iPhone Sales

    Apple Beats Earnings Expectations, But Misses On iPhone Sales

    It was a hugely important quarter for Apple, and it looks like it came about in line with what investors were expecting — including, potentially, the company’s first sales decline going into the second quarter. Apple said it recorded $75.9 billion in revenue and earnings of $3.28 per share in the first quarter. That represents a record quarter for Apple on revenue, but slightly… Read More