Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported blowout first-quarter earnings on Thursday, and predicted growth of as much as 16% in the current quarter, matching the period that just ended….
Apple on Thursday evening reported a blowout holiday quarter, driven by a 23% increase in iPhone sales. A strong revenue guide for the current March quarter suggests this strong device cycle will continue. Revenue in Apple’s fiscal 2026 first quarter, which ended back on Dec. 27, rose 16% year over year to $143.76 billion, exceeding…
Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis. Shares of the company were up slightly in extended trading. Here are the results versus what Wall Street was expecting according to LSEG consensus estimates for the quarter ending in December: EPS: $2.84 vs. $2.67 estimated Revenue: $143.76 billion vs. $138.48 billion estimated Here is how Apple’s major product…
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC…
Demonstrators gather on Michigan Avenue during a heavy snowstorm to protest against U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) in Chicago, US on January 25, 2026. Jacek Boczarski | Anadolu | Getty Images Some tech leaders are beginning to speak out after the shooting of ICU nurse Alex Pretti in…
Apple is joining forces with Google to power its artificial intelligence features for products such as Siri later this year. The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer. “After careful evaluation, we determined that Google’s technology provides…
Elon Musk looks on as President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Three Democratic senators are calling on Apple and Google to suspend the X and Grok apps from their stores,…
Shoppers near a Nike store in the SoHo neighborhood of New York, Nov. 24, 2025. Michael Nagle | Bloomberg | Getty Images Nike shares rose 3% in Wednesday trading after insiders picked up the stock near the end of a rough year. Apple CEO Tim Cook, who serves as a director at the athletic apparel…
Apple CEO Tim Cook speaks as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, Sept. 9, 2025. Manuel Orbegozo | Reuters Apple has one heck of a mulligan coming ahead of its 50th anniversary in 2026. After failing on its promise to launch an artificial intelligence-supercharged version of…
The stock market broke records during the holiday-shortened trading week. The S & P 500 hit an all-time intraday high Friday but closed slightly lower. Nevertheless, the index rose 1.4% last week, padding an almost 18% year to date advance. Economic data last week lifted investor spirits, with weekly jobless claims, as well as third-quarter…
