Apple Reports Record First Quarter Results

Results Produce Record Quarterly Profit of $18.4 Billion CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per...

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Apple Reports Record Third Quarter Results

CUPERTINO, California — July 21, 2015 — Apple® today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to...

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Tesla’s UK prices are about to go up by 5 percent

It’s actually the second time Tesla has increased UK prices in the past few months, after a roughly 3 percent bump in early October. In the email concerning the 5 percent increase next year, Tesla attributed the decision to “currency fluctuations,” which almost certainly refers to significant drops in the value of the pound following the Brexit vote in June.Many, many companies have taken to protecting their bottom...

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Tesla’s UK prices are about to go up by 5 percent

It’s actually the second time Tesla has increased UK prices in the past few months, after a roughly 3 percent bump in early October. In the email concerning the 5 percent increase next year, Tesla attributed the decision to “currency fluctuations,” which almost certainly refers to significant drops in the value of the pound following the Brexit vote in June.Many, many companies have taken to protecting their bottom...

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Apple Reports Record Fourth Quarter Results

CUPERTINO, California — October 27, 2015 — Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent...

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