In a stellar performance, Apple has announced its fiscal year 2023 Q4 earnings, boasting an impressive $89.50 billion in revenue over the past three months. This figure surpasses analysts’ expectations, who had anticipated revenue to be around $84.18 billion. Comparatively, during the same quarter last year, Apple reported revenue of $90.15 billion. This strong showing…
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In an eagerly awaited announcement, Apple Inc. has revealed that it will unveil its earnings report for the fourth quarter of the 2023 fiscal year on Thursday, November 2. The disclosure is scheduled for 1:30 p.m. Pacific Time, with a subsequent conference call featuring Apple’s CEO, Tim Cook, and CFO, Luca Maestri, slated for 2:00…
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Apple, a company known for its innovative products, has recently faced scrutiny over its claims of producing carbon-neutral devices. A new report by the Institute of Public and Environmental Affairs (IPE) raises questions about Apple’s transparency regarding supply chain emissions and the attainment of carbon neutrality in its latest products. The IPE report emphasizes the…
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In a groundbreaking move towards transparency, Apple has unveiled its latest report detailing customer data requests received from the U.S. government during the first half of 2022. For the first time in history, Apple has disclosed the aggregate count of “geofence requests” originating from the U.S. government. These requests aim to obtain specific latitude and…
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In a much-anticipated move, tech giant Apple has officially disclosed its earnings for fiscal Q3 2023, successfully allaying concerns among analysts about a potential drop in revenue. The results reveal that despite a 1% year-over-year dip, the company still managed to rake in an impressive $81.79 billion in revenue. Additionally, earnings-per-share stood at a healthy…
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A notable shift is underway in South Korea’s smartphone landscape as younger users under 30 are increasingly opting for iPhones over Android devices. This surprising trend challenges the longstanding tradition of patriotic support for local brands, especially Samsung, which has enjoyed a dominant position in the country’s smartphone market. Recent research by Counterpoint reveals that…
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Apple has just unveiled its latest adoption statistics for iOS 16 and iPadOS 16, providing an insight into the operating system landscape just days before the highly anticipated Worldwide Developers Conference (WWDC). As users eagerly await Apple’s announcement of iOS 17, the data sheds light on the current state of iOS 16 adoption among Apple…
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Apple’s App Store continues to make waves in the tech world, and the company has just released a new report that highlights the economic impact of its iconic marketplace. According to a study conducted by economists at the Analysis Group, the App Store ecosystem generated a staggering $1.1 trillion in total billings and sales in…
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Apple’s strategic decision to update its entry-level iPad last year with a sleek all-screen design has proven to be a resounding success. Recent market intelligence data indicates that the tech giant experienced substantial growth in iPad shipments during the first quarter of this year. Canalys, a leading market research firm, estimates that iPad sales surged…
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Apple has released its 2022 App Store Transparency Report, providing a comprehensive look at how the App Store has been instrumental in preventing fraud and safeguarding developers and customers. The report goes above and beyond the requirements set forth in Apple’s settlement with developers and shareholders, demonstrating the company’s commitment to transparency. The report delves…