Apple on Tuesday disclosed its [fiscal] Q1 2019 earnings report, offering a look at its performance over the past 3 months. During the holiday period, the company says it pulled in $84.3B in revenue, a decline of 5% from the year-ago quarter.
Apple today filed the definitive proxy statement concerning its fiscal 2018. Aside from revealing executive salaries, compensations and bonuses, the SEC filing includes a bunch of tidbits such as the company's milestones, growth figures, the cost of flying private and more.
Despite its revenue miss and revised guidance, Apple has topped financial targets for fiscal 2018 so the company's board has decided to give CEO Tim cook a 22% increase in pay.
After slashing Apple's revenue guidance for the important holiday quarter by a whopping $7 billion amid a slowdown in China and iPhone sales deceleration, Tim Cook will hold an all-hands meeting with workers today to assuage any concerns they may have about the situation.
Following Tim Cook's unexpectedly long and detailed open letter to investors in which he revised Apple's projected earnings for the lucrative holiday quarter, the company said today it will be holding a conferences call with Wall Street investors and analysts to discuss the latest quarterly earnings on Tuesday, January 29, at 2:00pm PT / 5:00pm ET.
Apple on Wednesday issued a revision for its fiscal Q1 2019 earnings, lowering its revenue expectations from $89 billion to $93 billion, down to 'approximately $84 billion." Tim Cook made the announcement in an open letter to investors, and trading halted on the news.
Apple lost a whopping nine billion bucks in 2018 by overpaying for its own shares.
Apple this afternoon disclosed its [fiscal] Q4 earnings report, offering a look at its performance over the past 3 months. During the period, the company sold nearly 47 million iPhones and earned just under $63 billion in revenue. Here's a full breakdown of the numbers.
Tim Cook's about to collect a huge financial reward. On Friday, Aug. 24, the Apple CEO will receive additional shares in Apple worth around $120 million. The award is tied to Cook's continued service at the world's largest publicly traded company and Apple's relative performance on the stock market during his tenure as CEO, according to Bloomberg.
Apple CEO Tim Cook has penned an internal memo to troops in which he thanked employees for helping the company achieve a record-setting $1 trillion market capitalization while cautioning that the money is “not the most important measure of our success.”
Following the release of its Q3 financial results, Apple's CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about the numbers. You already know Apple set a June quarter record earning $53.3B in revenue on 41.3M iPhone sales, but below we've listed some other highlights from the call.
Apple this afternoon disclosed its [fiscal] Q3 2018 earnings report, offering a look at its performance over the past 3 months. During the period, the company beat both its own and Wall Street's expectations by selling 41.3M iPhones and earning $53.3B in revenue. Here's a full breakdown of the numbers.