Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed.

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Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust lawsuit against Apple, calling it “misguided.” more…

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AT&T wants you to pay an extra $7 per month for ‘Turbo’ 5G speeds
AT&T thinks people are willing to pay $7 extra per month for what it claims is “enhanced data connectivity for real-time responsiveness.” This new AT&T “Turbo” option is rolling out now, and the carrier says it “boosts all the high-speed and hotspot data” while active. more…

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Apple Vision Pro a big hit in enterprise
During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.Apple Vision Pro is making a splash in enterpriseApple Vision Pro is the first spatial computer from Apple and has proven to be a controversial entry in the product lineup. It launched in February 2024, and very little has been shared about how it is selling.There isn't a line item in Apple's earnings for Apple Vision Pro, but CEO Tim Cook shared a tidbit of interest during the Q2 earnings call. He said Apple Vision Pro has been purchased by half of Fortune 100 companies. Continue Reading on AppleInsider | Discuss on our Forums

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Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients to buy Apple stock because it was at an attractive low price. At the close of trading on Thursday, Apple's shares were at $173.03In aftermarket trading, they have increased. A lot. Continue Reading on AppleInsider | Discuss on our Forums

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This AI-powered tool lets you blast out 150 job applications a day
Make the grueling job application process a thing of the past with LazyApply, an AI job application writer Chrome extension. (via Cult of Mac - Apple news, rumors, reviews and how-tos)

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Tim Cook dismisses misguided DOJ lawsuit in the shadow of strong earnings
Ahead of Apple's second-quarter earnings call, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the US Department of Justice, calling it "misguided."Tim Cook dismisses DOJ claims as "misguided"Apple's second-quarter earnings, which surpassed Wall Street predictions, highlight the company's financial strength and resilience. In the same breath, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the US Department of Justice (DOJ), dismissing it as misguided and affirming it's not a distraction for Apple."I think the case is misguided, and we're going to fight it," Cook said in a comment to CNBC. " It's my job to make sure it doesn't become a distraction. And so, you know, if you look at what they're trying to do, is essentially use the law to define how we design products. And that shouldn't be like that." Continue Reading on AppleInsider | Discuss on our Forums

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Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating Wall Street estimates. The company saw an 8% sales drop year-over-year in China, but despite the drop, it was less severe than initially expected.The iPhone has struggled to see much growth in China due to increased competition from premium smartphone vendors. However, things were going to be much worse, and Apple CEO Tim Cook told CNBC in a live TV segment that he's focused on the long term. Continue Reading on AppleInsider | Discuss on our Forums

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Apple Q2 2024 earnings: iPhone sales take a big hit while Mac sales, services are up
Macworld Apple on Thursday announced its second quarter 2024 earnings, posting revenue of $90.8 billion for the quarter, a 4 percent decline year over year, and quarterly earnings per diluted share of $1.53, which is one cent higher than last year. Apple beat the analysts’ predicted revenue of $90 billion and earnings per diluted share of $1.50. iPhone sales, which usually buoy Apple’s results, took a huge hit this quarter, posting $46 billion in revenue for the quarter, which is a 10.3 decrease from the second quarter of 2023. Wearables, Home, and Accessories revenue was also down 9 percent. iPad sales were also down 16 percent. Apple’s Services saw a jump in revenue YoY of 15 percent, while Mac sales increased about 4 percent. “During the quarter, we were thrilled to launch Apple Vision Pro and to show the world the potential that spatial computing unlocks,” said Apple CEO Tim Cook in a press release. “We’re also looking forward to an exciting product announcement next week and an incredible Worldwide Developers Conference next month. As always, we are focused on providing the very best products and services for our customers, and doing so while living up to the core values that drive us.” How the quarter ended YoY for Apple: iPhone: $46 billion (down from $51.3 billion) iPad: $5.6 billion (down from $6.7 billion) Mac: $7.5 billion (up from $7.2 billion) Wearables: $7.9 billion (down from $8.7 billion) Services: $23.9 billion (up from $20.9 billion) Apple declared a cash dividend of $0.25 per share of common stock payable on May 16, 2024 to shareholders of record at the close of business on May 13, 2024. Apple also authorized an additional program to repurchase up to $110 billion of common stock. Apple is holding its “Let Loose” event on May 7 and is expected to reveal new iPad models and accessories. Learn how you can watch the “Let Loose” event. Apple Inc

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Apple trying to charm investors with biggest stock buyback yet & increased dividend
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, Apple's CFO Luca Maestri described "very high levels of customer satisfaction and loyalty," as reasons for undertaking the company's largest-ever stock buyback."Given our confidence in Apple's future and the value we see in our stock," he said in a statement, "our Board has authorized an additional $110 billion for share repurchases." Continue Reading on AppleInsider | Discuss on our Forums

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Apple quarterly revenue drops but results beat analysts expectations
Apple saw total revenue drop 4% year over year in the first quarter of 2024. Still, it's profitable and financial results were better than expected. (via Cult of Mac - Apple news, rumors, reviews and how-tos)

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Apple published a new Press Release
Apple just published a new Press Release:Apple reports second quarter results

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MacDailyNews presents live notes from Apple’s Q224 conference call
MacDailyNews presents live notes from Apple’s Q224 Conference Call with analysts starting at 2pm PT / 5pm ET today, May 2, 2024… The post appeared first on MacDailyNews.

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Tim Cook confirms Apple will discuss ‘big plans’ for AI at next week’s iPad event
Apple CEO Tim Cook has confirmed that the company will discuss AI at its iPad event next week. Cook is quoted as saying Apple has “big plans to announce” for AI during its May event and June developer conference. more…

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Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quarter figures are lower than Q1 and its high quarterly sales.The figures were released on Tuesday, ahead of the customary analyst and investor conference call. During the call, CEO Tim Cook and CFO Luca Maestri are expected to expand on the figures and comments made in the results release. Continue Reading on AppleInsider | Discuss on our Forums

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Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion in profit, 2.15% decline. Apple reported revenue of $94.8 billion for the same quarter a year ago. Apple argues that last year’s results included around $5 billion in revenue from “pent-up demand from the constraints” of Covid-19 factory shutdowns. Other numbers from Apple’s quarterly results: more…

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Apple beats the street, announces largest-ever $110 billion share buyback
Apple today announced financial earnings results for its fiscal 2024 second quarter. The company posted quarterly revenue of… The post appeared first on MacDailyNews.

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Apple published a new Press Release
Apple just published a new Press Release:Apple reports first quarter results

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9to5Mac Daily: May 2, 2024 – More changes in the EU for App Store and iPad
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Supported by Setapp: Get access to 240+ apps on your Mac for just $9.99. Sign up today for a free 7-day trial.  more…

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iOS 17.5 beta feature makes sending in your iPhone for repair a lot friendlier
Macworld Sending your iPhone in for repair was always a little nerve-wracking. Not just because you no longer have access to what may be the most important gadget in your life, but because you never know if it’s safe. Apple’s recommended procedure for preparing your device for service is to back up your phone, turn off Apple Cash, remove all cards from Wallet, and then remove your iPhone from Find My. This also removes Activation Lock. The fine print says, “Apple might not be able to service your device if Find My isn’t turned off.” It’s all very worrying and not the smooth and seamless experience we’re used to from Apple. That’s about to change, it seems. MacRumors found a new feature in iOS 17.5 (currently in beta) that allows you to set your iPhone to a “Repair State” in which it remains fully functional and has Find My and Activation Lock enabled but still does whatever Apple needs to repair your iPhone. When you go to Find My, then your Devices list, and choose “Remove This Device” on your iPhone with iOS 17.5, you’ll get a message that says “Cannot remove iPhone. Prepare this device for repair?” Choosing Continue will retain your device’s functionality and it can be tracked via Find My. It will have a stethoscope icon next to it in the device list. Foundry Foundry Foundry The feature is currently limited to iOS, but it makes sense that Apple would expand it to other devices, including the Apple Watch and Mac. Allowing users to track their devices as they’re sent in for repair, and keeping Activation Lock enabled, should hopefully give users a lot more piece of mind that it won’t get stolen. iOS

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