The US smartphone market remained tough for manufacturers in the first calendar quarter of 2023, but Apple's market share grew as Android users moved to iOS.iPhone shipments fell but Apple's market share grew anywayOnce again, Apple was the only company to see growth during a smartphone market contraction. As a result, it took the top place for global smartphone market share, and it also grew in the US, according to Counterpoint Research. Read more...

Apple once again beat analysts’ consensus expectations on Thursday, showing off the world’s most valuable company’s resilience in a slowing global economy thanks to stronger-than-expected iPhone sales and notable inroads in India and other emerging markets. Stephen Nellis for Reuters: Apple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved. Apple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. iPhone sales were up 1.5% to $51.3 billion, besting expectations for…

For three years running, Apple didn't provide specifics on what they expect for the next quarter, but chief financial officer Luca Maestri gave some color on what the company expects.iPhone continues to be a driver for Apple earningsApple's Q2 earnings beat expectations with $94.8 billion in revenue — a slight decline compared to Q2 2022. However, it is an improvement over the disastrous Q1, and it looks Apple will continue to see improvement through Q3. Read more...

For three years running, Apple didn't provide specifics on what they expect for the next quarter, but chief financial officer Luca Maestri gave some color on what the company expects.iPhone continues to be a driver for Apple earningsApple's Q2 earnings beat expectations with $94.8 billion in revenue — a slight decline compared to Q2 2022. However, it is an improvement over the disastrous Q1, and it looks Apple will continue to see improvement through Q3. Read more...

For three years running, Apple didn't provide specifics on what they expect for the next quarter, but chief financial officer Luca Maestri gave some color on what the company expects.iPhone continues to be a driver for Apple earningsApple's Q2 earnings beat expectations with $94.8 billion in revenue — a slight decline compared to Q2 2022. However, it is an improvement over the disastrous Q1, and it looks Apple will continue to see improvement through Q3. Read more...

Macworld Apple on Thursday announced its second quarter 2023 earnings, posting revenue of $94.8 billion for the quarter, a 3 percent decline year over year, and quarterly earnings per diluted share of $1.52, which is unchanged from last year. Apple beat the expectations of analysts that predicted revenue of $92.96 billion and $1.43 earnings per share. Mac sales took the biggest hit, posting net revenue of $7.2 billion, a 31 percent decrease compared to the same quarter last year. iPad revenue was also down 13 percent to $6.7 billion. Apple did say, however, that the Mac and iPad reached all-time highs for their installed bases worldwide, but the company did not provide numbers. Apple’s Wearables, Home and Accessories sales were…