Apple’s worst quarter reveals financial woes: Today in Apple history

Apple’s worst quarter reveals financial woes: Today in Apple history

March 28, 1996: In a dire message to Wall Street, Apple warns that it will report a $700 million after-tax loss for its most recent quarter. Apple’s biggest quarterly loss in history, the shocking news reveals a company in far more financial trouble than previously thought. More than half the loss comes from $1 billion … Read more

Apple reports fourth quarter financial results 2023

Apple reports fourth quarter financial results 2023

Apple Inc. reported its financial results ending September 30, 2023, revealing a slight dip in quarterly revenue compared to the previous year but an increase in earnings per share. The quarterly revenue for the tech giant was $89.5 billion, marking a 1% decrease from the corresponding period in the previous year. However, despite this slight … Read more