Topic 2 Posts

Earnings

Apple Reports Record Q3 2024 Financial Results: An Analysis

Apple has just dropped its financial results for the third quarter of 2024, and the numbers are looking great. With new records and impressive growth, it's clear Apple is on a roll. Key Financial Highlights * Revenue: Apple pulled in $85.8 billion this quarter, a 5% bump from last year. * Earnings Per Share (EPS): EPS hit $1.40, which is up 11% from the same time last year. * Operating Cash Flow: They raked in nearly $29 billion in operating cash flow. * Shareholder Returns: Apple gave ba…

Apple Q3 Earnings Preview: What to Expect

Apple's Q3 earnings report will be released on August 1, 2024, at 2 p.m. Pacific Time. This quarter's results are particularly intriguing given Apple's recent product launches and the broader market dynamics. Recent Product Launches In the last quarter, Apple introduced several new products, including the iPad Pro models featuring the M4 chip, new iPad Air models with the M2 chip, and the Apple Pencil Pro. Additionally, the company began accepting orders for the Vision Pro in multiple countri…