Apple Inc. reports news around its consumer technology ecosystem, including iPhone, Mac, iPad, Apple Watch, AirPods, Apple Vision Pro, Apple silicon, software platforms and Services. Recurring updates cover quarterly results, product introductions, developer events such as WWDC, and expansion of hardware features, displays, wireless chips and on-device AI capabilities across Apple’s product lines.
Apple news also includes governance and leadership developments, retail and geographic activity, and service categories such as the App Store, Apple Music, Apple Pay, iCloud and Apple TV. The company’s operating model combines internally designed hardware, software and semiconductors with a global manufacturing and distribution network.
Apple reported financial results for its fiscal 2024 second quarter, with revenue of $90.8 billion, down 4% year over year, and earnings per diluted share of $1.53. The company achieved a new all-time record in Services revenue and set a March quarter record in EPS. Apple's CEO, Tim Cook, highlighted the launch of Apple Vision Pro and upcoming product announcements. The CFO, Luca Maestri, emphasized the active installed base of devices reaching an all-time high, driving a new EPS record. The board authorized an additional $110 billion for share repurchases and raised the quarterly dividend by 4%.
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