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Apple sales smash expectations on surging demand for devices


Apple Inc. reported quarterly revenue that crushed Wall Street expectations, fueled by sales of the 5G iPhone 12 line and purchases of iPads and Macs as people continued to work and learn from home.
The Cupertino, California-based technology giant reported fiscal second-quarter sales of $89.6 billion, up 54% from the same period in 2020. Analysts, on average, estimated $77.3 billion, according to data compiled by Bloomberg. Profit was $1.40 a share, also easily topping Wall Street forecasts.
“iPad and Mac sales nearly doubled, showing the strength of the PC market and education channels,” said Shannon Cross, an analyst at Cross Research. “These results also show their control over the supply chain and their ability to outmaneuver competitors.” ....

New York , United States , Shannon Cross , Luca Maestri , Tim Cook , Cross Research , Apple Inc , Wall Street , Chief Executive Officer Tim Cook , Macbook Pros , Macbook Airs , Pad Pro , Apple One , Greater China , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஶ்யாநந் குறுக்கு , லூகா மேஸ்திரி , நேரம் சமைக்கவும் , குறுக்கு ஆராய்ச்சி , ஆப்பிள் இன்க் , சுவர் தெரு , தலைமை நிர்வாகி அதிகாரி நேரம் சமைக்கவும் , மேக்புக் ப்ரோஸ் , மேக்புக் ஒளிபரப்பாகிறது , பட் ப்ரொ ,

Apple sales crush estimates on surging device demand


Apple sales crush estimates on surging device demand
Mark Gurman, Bloomberg News
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Apple Inc. reported quarterly revenue that crushed Wall Street expectations, fueled by sales of the 5G iPhone 12 line and purchases of iPads and Macs as people continued to work and learn from home.
The Cupertino, California-based technology giant reported fiscal second-quarter sales of US$89.6 billion, up 54 per cent from the same period in 2020. Analysts, on average, estimated US$77.3 billion, according to data compiled by Bloomberg. Profit was US$1.40 a share, also easily topping Wall Street forecasts.
“iPad and Mac sales nearly doubled, showing the strength of the PC market and education channels,” said Shannon Cross, an analyst at Cross Research. “These results also show their control over the supply chain and their ability to outmaneuver competitors.” ....

New York , United States , Shannon Cross , Luca Maestri , Tim Cook , Cross Research , Apple Inc , Intel Corp , Wall Street , Chief Executive Officer Tim Cook , Macbook Pros , Macbook Airs , Pad Pro , Apple One , Greater China , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஶ்யாநந் குறுக்கு , லூகா மேஸ்திரி , நேரம் சமைக்கவும் , குறுக்கு ஆராய்ச்சி , ஆப்பிள் இன்க் , இன்டெல் கார்ப் , சுவர் தெரு , தலைமை நிர்வாகி அதிகாரி நேரம் சமைக்கவும் , மேக்புக் ப்ரோஸ் ,

VMware Inc (VMW) Q4 2021 Earnings Call Transcript


VMware Inc (VMW) Q4 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
Logo of jester cap with thought bubble.
VMware Inc (NYSE: VMW)
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the VMware s Fourth Quarter and Fiscal Year 2021 Earnings Call. At this time, all participants are in a listen-only mode. Please be advised that today s conference is being recorded. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your first speaker for today, the Vice President, Investor Relations, Mr. Paul Ziots. Thank you. Please go ahead, sir. ....

United Kingdom , Robert Majek Raymond James , Sanjit Singh , Mark Murphy , Robert Majek , Raimo Lenschow , Parthiv Varadarajan Jefferies , Matt Coss , Zane Rowe , Sanjay Poonen , Kirk Materne , Sanjit Singh Morgan Stanley , Brent Thill , Matt Hedberg , Mark Moerdler , Shannon Cross , Raghu Raghuram , Keith Weiss , Paul Ziots , Phil Winslow , Walter Pritchard , Kash Rangan , Ben Bollin , Keith Bachman , Ben Bollin Cleveland Research Analyst , Matt Coss Jpmorgan Chase Co ,

Parliamentary Committee Hears Allegations Of Intellectual Property Theft At Mighty Kingdom


Parliamentary Committee Hears Allegations Of Intellectual Property Theft At Mighty Kingdom
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Mighty Kingdom, the studio behind 
Conan Chop Chop, has been accused of intellectual property theft, with two Adelaide-based games developers giving evidence to a parliamentary committee. Justin Daley and Shannon Cross claim the company took advantage of their creations to gain taxpayer-funded grants worth $480,000. ....

South Australia , Shannon Cross , Justin Daley , Mighty Kingdom , Conan Chop , Kitty Keeper , Kotaku Australia , South Australian Government , Intellectual Property , App Store , Play Store , State Government , Dungeon Chop , தெற்கு ஆஸ்திரேலியா , ஶ்யாநந் குறுக்கு , ஜஸ்டின் டேலி , வலிமைமிக்க கிஂக்டம் , கோனன் நறுக்கு , கிட்டி கீபர் , தெற்கு ஆஸ்திரேலிய அரசு , அறிவுசார் ப்ராபர்டீ , செயலி கடை , விளையாடு கடை , நிலை அரசு , நிலவறை நறுக்கு ,