Month: October 2021

Meta’s Zuckerberg takes shots at Apple App Store fees, maintains its own

Posted on By admin
Meta’s Zuckerberg takes shots at Apple App Store fees, maintains its own

Mark Zuckerberg continues to claim that Apple App Store costs stifle innovation while at the same time saying that he is maintaining developer fees on augmented and virtual reality.Credit: Facebook/MetaDuring the Facebook Connect 2021 keynote Thursday, Zuckerberg announced that the company, rebranded as Meta, would focus more heavily on building out the “metaverse.” Read more……

Read More “Meta’s Zuckerberg takes shots at Apple App Store fees, maintains its own” »

Apple Day

Notes of interest from Apple’s Q4 2021 and annual earnings report

Posted on By admin
Notes of interest from Apple’s Q4 2021 and annual earnings report

Apple has published its fourth fiscal quarter of 2021 results, breaking all of the company’s records for the quarter. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and Chief Financial Officer Luca Maestri.Tim Cook (left) and Luca Maestri (right)Apple’s third calendar quarter and fourth fiscal quarter of…

Read More “Notes of interest from Apple’s Q4 2021 and annual earnings report” »

Apple Day

Tim Cook says supply constraints cost Apple $6 billion during Q4 2021

Posted on By admin

Apple today reported earnings for fiscal Q4 2021, with revenue increasing 29% year-over-year to a new September quarter record of $83.4 billion. Nonetheless, this was below analyst expectations, and AAPL stock is down nearly 5% in after-hours trading. In an interview with CNBC, Apple CEO Tim Cook said that supply chain shortages cost Apple around…

Read More “Tim Cook says supply constraints cost Apple $6 billion during Q4 2021” »

Apple Day

Apple (AAPL) reports Q4 2021 earnings miss: $83 billion in revenue, more

Posted on By admin

Apple (AAPL) has officially reported its earnings for fiscal Q4 2021, covering the months of July, August, and September (aka calendar Q3). Amid ongoing supply chain shortages, Apple reported a September quarter revenue record of $83.4 billion, up 29% year over year. It reported profit of $20.5 billion and earnings-per-share of $1.24. Head below for…

Read More “Apple (AAPL) reports Q4 2021 earnings miss: $83 billion in revenue, more” »

Apple Day

Hands-on: Pikmin Bloom is a delightful way to get your steps in, even if you’re not a Nintendo fan

Posted on By admin

When Nintendo announced that their next collaboration with Niantic Labs was going to be Pikmin-branded, I was surprised. The Pikmin brand isn’t well-known outside of deeply passionate circles of Nintendo fans. But I think that’s about to change with Pikmin Bloom, the latest Nintendo mobile game that hit the App Store today in the United…

Read More “Hands-on: Pikmin Bloom is a delightful way to get your steps in, even if you’re not a Nintendo fan” »

Apple Day

Apple stock tanks despite hitting another record-breaking quarter

Posted on By admin

Apple’s stock is tanking in after hours trading, despite announcing yet another record-breaking quarter. The problem? Wall Street expected it to make way more. Apple shares tumbled 5% after the company failed to beat Wall Street earnings expectations. It’s the first time Apple’s missed analyst projections since 2016. Overall, the company reported record revenue of…

Read More “Apple stock tanks despite hitting another record-breaking quarter” »

Apple Day

Apple CEO Tim Cook: We’re Focused on Maintaining Privacy and Security of the App Store

Posted on By admin
Apple CEO Tim Cook: We’re Focused on Maintaining Privacy and Security of the App Store

Apple CEO Tim Cook was today asked about some of the regulatory issues that Apple is facing with the App Store, and he said that Apple is keeping its focus on privacy and security. Apple is facing potential regulatory changes that would force it to open up the iPhone to other app stores or alternate…

Read More “Apple CEO Tim Cook: We’re Focused on Maintaining Privacy and Security of the App Store” »

Apple Day

Apple predicts record-setting holiday quarter despite worsening supply shortages

Posted on By admin

During its September quarter earnings call, Apple’s CFO Luca Maestri shared the company’s expectations for how supply chain issues could impact the December quarter. Even though shortages are expected to become worse, Apple believes it will set a new holiday quarter record. more… The post Apple predicts record-setting holiday quarter despite worsening supply shortages appeared…

Read More “Apple predicts record-setting holiday quarter despite worsening supply shortages” »

Apple Day

Apple’s services segment maintains explosive growth in Q4

Posted on By admin
Apple’s services segment maintains explosive growth in Q4

Apple continues to see double-digit growth in services as revenue for that segment broke records for Q4 2021 and has nearly tripled in six years to $18.3 billion.Apple Services revenue is up 26% in Q4 2021Despite a number of headwinds, Apple managed to earn $83.4 billion during the fourth quarter of 2021, breaking it’s quarterly…

Read More “Apple’s services segment maintains explosive growth in Q4” »

Apple Day

Apple says supply constraints will have a bigger impact on Q1 2022

Posted on By admin
Apple says supply constraints will have a bigger impact on Q1 2022

As expected, Apple is not providing revenue guidance for the December quarter, but the company is warning that the effect of supply constraints could be larger during the busy holiday shopping season.Credit: Andrew O’Hara, AppleInsiderApple CFO Luca Maestri said that the company is operating under the assumption that Covid-19 supply issues aren’t going to worsen…

Read More “Apple says supply constraints will have a bigger impact on Q1 2022” »

Apple Day

Apple ‘Working Feverishly’ to Improve iPhone 13 Supplies

Posted on By admin
Apple ‘Working Feverishly’ to Improve iPhone 13 Supplies

During today’s earnings call for the fourth fiscal quarter of 2021, Apple CEO Tim Cook said that Apple is “working feverishly” to boost iPhone 13 supplies. Cook said that Apple feels “very very good” about where demand is at for the ?iPhone 13?, in terms of sales compared to the iPhone 12. Supplies are constrained,…

Read More “Apple ‘Working Feverishly’ to Improve iPhone 13 Supplies” »

Apple Day

Apple says record Mac revenue in Q4 2021 driven by ‘strong demand for M1 MacBook Air’

Posted on By admin

Despite missing analyst estimates for overall revenue due to supply constraints in Q4 2021, Apple still saw a new all-time high for revenue in the Mac category. During a call with analysts this afternoon, Apple CFO Luca Maestri attributed this record quarter to “strong demand for the M1 MacBook Air.” more… The post Apple says…

Read More “Apple says record Mac revenue in Q4 2021 driven by ‘strong demand for M1 MacBook Air’” »

Apple Day

Tim Cook says that Apple TV+ has already ‘proved itself’ to fans

Posted on By admin

Apple CEO Tim Cook said that the company’s Apple TV+ streaming service has “already proved itself to fans around the world.”Credit: AppleThe Apple chief executive made the comments during the company’s earnings call on Thursday. During the bit on Apple TV+, he offered his congratulations to the “actors, writers, storytellers, and producers, and everyone else…

Read More “Tim Cook says that Apple TV+ has already ‘proved itself’ to fans” »

Apple Day

Supply issues cost Apple $6 billion in Q4 2021, CEO Tim Cook says

Posted on By admin
Supply issues cost Apple $6 billion in Q4 2021, CEO Tim Cook says

Apple CEO Tim Cook says that ongoing supply problems cost Apple $6 billion in the September quarter, leading to the company missing Wall Street revenue expectations.Credit: Laurenz Heymann/UnsplashThe Cupertino tech giant reported revenue of $83.4 billion for its fourth quarter, which corresponds to the third calendar quarter of the year. Although it marks 29% year-over-year…

Read More “Supply issues cost Apple $6 billion in Q4 2021, CEO Tim Cook says” »

Apple Day