APPLE PROFIT SOARS IN LATEST QUARTER ON HIGHER iPHONE SALES
Techlife News|Techlife News #496
Demand for the iPhone and other Apple products drove profits to more than double in the January-March period as the tech giant continued to capitalize on smartphone addiction.

Profits came to $23.6 billion, or $1.40 per share, while revenue climbed 54% to $89.6 billion in the fiscal second quarter, the company said Wednesday. Analysts polled by FactSet expected 99 cents per share on $77.1 billion in sales.

The iPhone, Apple’s crown jewel, hadn’t sold quite as well as usual over the past few years as people held on to their current phones for longer. But the release of four iPhone 12 models last fall has unleashed purchases, and iPhone sales rose 66% to $47.9 billion on top of a holiday-season quarter when iPhone sales jumped 17%.

Some analysts believe the popularity of the iPhone 12 could lead to the device’s biggest sales year since 2014, when the iPhone 6 came out. It was a big hit because Apple enlarged the device’s screen.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM TECHLIFE NEWSView All

4 SMALLBUSINESS INNOVATIONS THAT WILL OUTLAST THE PANDEMIC

Small businesses that survived the COVID-19 pandemic still face a long road to recovery, but some of the innovations business owners adopted last year may outlast the pandemic itself.

3 mins read
Techlife News
Techlife News #502

CHINA SAYS US REVOKING OF CHINA APPS BAN A ‘POSITIVE STEP'

China’s Ministry of Commerce said that a U.S. move to revoke the Trump administration’s executive orders intended to ban apps like TikTok and WeChat was a “positive step,” amid strained relations between the two countries.

3 mins read
Techlife News
Techlife News #502

EYING DEAL, GM SOFTENS ON TOUGH STANDARDS FOR CAR POLLUTION

The nation’s largest automaker said Wednesday it can support greenhouse gas emissions limits that other car manufacturers negotiated with California — if they are achieved mostly by promoting sales of fully electric vehicles.

3 mins read
Techlife News
Techlife News #502

FERRARI TAPS EUROPEAN CHIP-MAKER EXECUTIVE AS NEW CEO

Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company announced this week.

1 min read
Techlife News
Techlife News #502

OWN AN ECHO? AMAZON MAY BE HELPING ITSELF TO YOUR BANDWIDTH

Do you own an Amazon smart device? If so, odds are good that the company is already sharing your internet connection with your neighbors unless you’ve specifically told it not to.

4 mins read
Techlife News
Techlife News #502

STARTUP LORDSTOWN MOTORS WARNS IT MAY NOT STAY IN BUSINESS

Startup commercial electric vehicle maker Lordstown Motors says it may not be in business a year from now as it tries to secure funding to start full production of an electric pickup truck.

1 min read
Techlife News
Techlife News #502

GERMANY STARTS ROLLING OUT A DIGITAL EU VACCINATION PASS

Germany on Thursday started rolling out a digital vaccination pass that can be used across Europe as the continent gets ready for the key summer travel season.

1 min read
Techlife News
Techlife News #502

SCIENTISTS HAIL GOLDEN AGE TO TRACE BIRD MIGRATION WITH TECH

A plump robin wearing a tiny metal backpack with antenna hops around a suburban yard in Takoma Park then plucks a cicada from the ground for a snack.

4 mins read
Techlife News
Techlife News #502

GLOBAL WAR ON RANSOMWARE? HURDLES HINDER THE US RESPONSE

Foreign keyboard criminals with scant fear of repercussions have paralyzed U.S. schools and hospitals, leaked highly sensitive police files, triggered fuel shortages, and, most recently, threatened global food supply chains.

4 mins read
Techlife News
Techlife News #502

SENATE PASSES BILL TO BOOST US TECH INDUSTRY, COUNTER RIVALS

The Senate overwhelmingly approved a bill that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.

3 mins read
Techlife News
Techlife News #502
RELATED STORIES

Evolution of the App

The introduction of the iPhone in 2007—or, more specifically, Apple opening its App Store to third-party developers in 2008—turned out to be one of the most consequential developments ever to hit the home automation market.

4 mins read
Sound & Vision
April - May 2021

iPad Pro

Next–gen arrives with M1, Liquid Retina XDR, 5G, and Thunderbolt

2 mins read
Mac Life
June 2021

Podcasts revamped

APPLE HAS UNVEILED a redesigned Podcasts app, podcast channels, and Apple Podcasts Subscriptions, a global marketplace for listeners to discover premium subscriptions offered by their favorite creators alongside the millions of free shows available.

1 min read
Mac Life
June 2021

Apple TV 4K

Now with 60fps HDR and all–new remote

1 min read
Mac Life
June 2021

LOSSLESS: APPLE MUSIC PREMIERES DOLBY ATMOS, SPATIAL AUDIO

In an effort to better compete with the likes of Spotify, Apple Music has announced plans to introduce industry-leading sound quality, as well as Spatial Audio and Dolby Atmos support.

6 mins read
AppleMagazine
AppleMagazine #499

EVERYTHING YOU NEED TO KNOW ABOUT APPLE'S TRACKING DEVICE

GET THE LOWDOWN ON APPLE’S OWN ITEM TRACKERS.

4 mins read
Macworld
June 2021

Why did Apple's original Hom fail? Let's count the reasons

Apple’s first smart speaker just met a surprising end, but it was one we could see coming

5 mins read
Macworld
June 2021

24-Inch M1 iMac – How To Pick The Perfect Preorder

Here’s our guide to help you buy the one you need.

7 mins read
Macworld
June 2021

24-Inch M1 iMac

New colors, new chip, and much, more

3 mins read
Macworld
June 2021

Hot Stuff

What we’re raving about this month

2 mins read
Macworld
June 2021