Despite headline misses, Apple gave us a lot to like under the hood in its fiscal 2023 first quarter.
Here’s how to interpret Apple financial chief Luca Maestri’s directional insights from the company’s quarterly earnings call.
Analysts expect the iPhone maker to post its first year-over-year revenue decline since 2019.
The tech giants went on a hiring spree over the last few years, with one exception.
Apple introduced the second generation of its HomePod Wednesday, the company announced in a release.
While Bluetooth tracking devices like Apple AirTag, Tile and Samsung SmartTag are helping find keys and wallets, they’re also being used to stalk people.
The move, if it were to happen, would mark a significant reversal for Apple, which has said for years that touchscreen laptops are ergonomically inferior.
The features announced on Wednesday are free and Apple isn’t selling ad units in Maps.
Barclays cut its Apple price target from $144 per share to $133 per share and said it’s also slashing its revenue estimates by 7%.