Apple today announced that its next quarterly earnings conference call will be held on Thursday, May 2 at 2 p.m. Pacific Time.
On the call, which will be streamed live on Apple’s investor website, Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the company’s earnings results for the second quarter of the 2024 fiscal year. During the quarter, which ran from December 31, 2023 through March 30, 2024, Apple launched the Vision Pro headset in the U.S., and it updated the 13-inch and 15-inch MacBook Air models with its latest M3 chip.
Apple has not provided formal guidance since early 2020, but analysts expect the company to report quarterly revenue of $90.6 billion on average, according to Yahoo Finance. Apple reported $94.8B revenue in the year-ago quarter.
AAPL closed at $168.82 today, down from a 52-week high of $199.62.
Popular Stories
iPhone 16 Pro Expected Later This Year With These 12 New Features
While the iPhone 16 Pro and iPhone 16 Pro Max are still months away from launching, there are already over a dozen rumors about the devices. Below, we have recapped new features and changes expected for the devices so far. These are some of the key changes rumored for the iPhone 16 Pro models as of April 2024:Larger displays: The iPhone 16 Pro and iPhone 16 Pro Max will be equipped with large…
Alleged iOS 18 Design Resource Reveals visionOS-Like Redesign [Updated]
A first look at iOS 18’s rumored visionOS-style redesign may have been revealed by a new image of the Camera app. Alleged iOS 18 design resource. MacRumors received the above iPhone frame template from an anonymous source who claims they obtained it from an iOS engineer. It will allegedly be included as part of the Apple Design Resources for iOS 18, which helps developers visually design apps …
Apple Exploring ‘Mobile Robot’ That ‘Follows Users Around Their Homes’
Apple is exploring various “personal robotics” projects in an effort to create its “next big thing,” according to Bloomberg’s Mark Gurman. Amazon’s Astro robot One of these projects is described as a “mobile robot” that would “follow users around their homes,” while another is said to be an “advanced table-top home device that uses robotics to move a display around”:Engineers at Apple have…
Apple Card Savings Account to Receive First-Ever Interest Rate Decrease
Nearly one year after it launched in the U.S., the Apple Card’s high-yield savings account will be receiving its first-ever interest rate decrease. Starting on April 3, the Apple Card savings account’s annual percentage yield (APY) will be lowered to 4.4%, according to data on Apple’s backend discovered by MacRumors contributor Aaron Perris. The account currently has a 4.5% APY. 4.4% will …
What to Expect From iOS 17.5
Apple has yet to release the first beta of iOS 17.5 for the iPhone, but two changes are already expected with the upcoming software update. iOS 17.5 will likely allow iPhone users in the EU to download apps directly from the websites of eligible developers, and the update might include some changes to how Apple ID recovery contacts work. More details about these potential changes follow. W…
Apple Says iPhone 6 Plus Now ‘Obsolete’ and iPad Mini 4 Now ‘Vintage’
Apple today added a handful of devices to its public-facing vintage and obsolete products list, including some older iPhone and iPad models. Apple now considers the iPhone 6 Plus to be “obsolete” worldwide, meaning that Apple Stores and Apple Authorized Service Providers no longer offer repairs or other hardware service for the device. Apple says it considers a product “obsolete” once seven…
Best Buy Introduces All-Time Low Prices on Apple’s M3 MacBook Pro for Members
Best Buy is discounting a large collection of M3 MacBook Pro computers today, including both the 14-inch and 16-inch versions of the laptop. Every deal in this sale requires you to have a My Best Buy Plus or Total membership, although non-members can still get solid second-best prices on these MacBook Pro models. Note: MacRumors is an affiliate partner with Best Buy. When you click a link and…
Apple Researchers Reveal New AI System That Can Beat GPT-4
Apple researchers have developed an artificial intelligence system named ReALM (Reference Resolution as Language Modeling) that aims to radically enhance how voice assistants understand and respond to commands. In a research paper (via VentureBeat), Apple outlines a new system for how large language models tackle reference resolution, which involves deciphering ambiguous references to…
