Snap reports strong Q2 earnings, beating revenue and daily active user expectations

Snap today reported its second quarter earnings, and the results sent its stock up over 10 percent in after-hours trading. Snapchat generated an increase in daily users, and beat analyst expectations on revenue and earnings-per-share. more… The post Snap reports strong Q2 earnings, beating revenue and daily active user expectations appeared first on 9to5Mac. 9to5Mac

Wall Street expects AAPL Q2 2019 revenue to be down 5-6%; more iPhone price-cuts likely

Tuesday will see AAPL Q2 2019 revenue announced by the company, and the Wall Street consensus is that Apple will announce numbers somewhere around the midpoint of its $ 55-59B guidance. That would represent a year-on-year decline of around 5-6%. The averages of four different analyst surveys show predictions ranging from $ 57.44B to $ […]

Analyst questions whether Apple’s 70/30 revenue split in the App Store could hurt Services growth

While Apple has been touting its ever-growing Services segment as the future of growth, one analyst has concerns. As reported by CNBC, Bernstein analyst Toni Sacconaghi has addressed concerns that the growing revolt against Apple’s 70/30 App Store revenue will hurt its long-term growth. more… The post Analyst questions whether Apple’s 70/30 revenue split in the […]

Publications reportedly embracing Apple News for ad revenue potential, not immediate returns

News outlets have seen extensive growth in readership within Apple News as of late, with many prioritizing its audience over other forms of distribution. The only issue? Few — if any — have been able to actually monetize it, according to a new report. AppleInsider – Frontpage News

Report: Apple says it sucks at selling ads, will soon let publishers do the hard work but keep all the revenue

Apple’s rocky iAd advertising platform is about to see some major changes, says Buzzfeed’s John Paczkowski. According to the report, Apple plans to dismantle its iAd sales team and stop its role as a middleman between publishers and customers: While iAd itself isn’t going anywhere, Apple’s direct involvement in the selling and creation of iAd units is […]

iPad Pro predicted to push tablet sales back up to 15% of Apple’s total revenue

While the iPad lineup has continued to shrink to a smaller portion of Apple’s total business, this week’s launch of the iPad Pro could reverse that trend, one analyst believes, predicting total iPad sales will account for 15 percent of the company’s revenue in 2016. AppleInsider – Frontpage News

Apple Reports Q3 2015 Earnings of $10.7B on $49.6B Revenue: 47.5M iPhones, 10.9M iPads, 4.8M Macs

Apple today announced financial results for the third fiscal quarter and second calendar quarter of 2015. For the quarter, Apple posted revenue of $10.7 billion and net quarterly profit of $49.6 billion, or $1.85 per diluted share, compared to revenue of $37.4 billion and net quarterly profit of $7.7 billion, or $1.28 per diluted share, […]

Latest Apple Watch estimates: 3M sales, $2B revenue, Apple’s most profitable product ever

A leading technology analyst has estimated that Apple Watch sales in the first two weeks are likely to hit 3M, comprising 1.8M Sport models, 1.2M steel and 40,000 Editions – generating more than $ 2B revenue. Think Big Analytics principal Carl Howe also estimates that gross margins on the wearable are likely to exceed 60%, making […]