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Apple's Q4 2020 earnings surpass expectations without iPhone 12 – MobileSyrup

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Apple surpassed fiscal fourth-quarter 2020 revenue expectations without the boost of iPhone 12 sales, hitting $64.7 billion USD (roughly $86 billion CAD) in revenue and $0.73 per share amid the ongoing COVID-19 pandemic.

This is a slight increase year-over-year from last year’s $64 billion USD (about $85.2 billion CAD) in revenue during the same quarter. The number also surpasses the $63.7 billion USD (roughly $84 billion CAD) Wall Street expected the company to earn this quarter.

“Apple capped off a fiscal year defined by innovation in the face of adversity with a September quarter record, led by all-time records for Mac and Services,” said Tim Cook, Apple’s CEO, in a recent press release.

The tech giant’s Mac and iPad lined showed strong sales performance, with iPad sales hitting $6.8 billion (roughly $9 billion CAD) compared to $4.66 billion USD (about $6.2 billion CAD) last quarter, and the Mac earning $9 billion USD (roughly $11.9 billion CAD) in sales compared to $6.99 billion USD (about $9.3 billion CAD) during the same quarter last year.

Regarding the company’s growing services division, the tech giant earned $14.5 billion (roughly $19.3 billion CAD) in revenue this quarter from $12.51 billion (approximately $16.6 billion CAD), and wearables, home and accessories revenue took home $7.8 billion (about $10.3 billion CAD) from $6.52 billion (approximately $8.6 billion CAD) last quarter.

On the other hand, iPhone revenue declined to $26.4 billion (about $35 billion CAD) from $33.36 billion (roughly $44 billion CAD) during the same quarter last year.

Apple’s Q4 earnings typically include the sale of new iPhone models, but because the tech giant is running slightly behind when it comes to its typical smartphone release strategy, iPhone 12 series devices aren’t included in this report.

Instead, the iPhone 12, iPhone 12 mini, iPhone 12 Pro and iPhone 12 Pro Max will be bundled in Apple’s Q1 holiday 2021 earnings report. While the iPhone 12 and iPhone 12 Pro are already available and released on October 23rd, the iPhone 12 mini and iPhone 12 Pro Max are releasing on November 13th.

“Despite the ongoing impacts of COVID-19, Apple is in the midst of our most prolific product introduction period ever, and the early response to all our new products, led by our first 5G-enabled iPhone lineup, has been tremendously positive. From remote learning to the home office, Apple products have been a window to the world for users as the pandemic continues, and our teams have met the needs of this moment with creativity, passion, and the kinds of big ideas that only Apple can deliver,” said Cook.

Apple hasn’t provided earnings guidance during the last two quarters due to the uncertainty surrounding how the pandemic will affect its sales. As expected, the tech giant once again didn’t offer guidance regarding how it expects the iPhone 12 series to perform next quarter.

Looking to the future, Apple is expected to launch its first Mac computer to feature its own ARM-based silicone this coming November. The tech giant also announced that ‘Apple One,’ its bundle of subscription services that includes Apple Music, Apple TV Plus, Apple Arcade and iCloud storage for $20.95 CAD per month on October 30th.

At the time of writing, Apple’s stock is down five percent in after-hours trading.

Source: Apple

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iPhone 7 Cyber Monday Deals 2020: Unlocked iPhone 7 & 7 Plus Deals Revealed by Save Bubble – GlobeNewswire

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Cyber Monday iPhone deals are finally here, review the best Cyber Monday Apple iPhone 7 & 7 Plus deals on this page

Find the latest iPhone deals for Cyber Monday, including unlocked and network phone offers. Links to the latest deals are listed below.

Best iPhone 7 Deals:

Best iPhone Deals:

Want some more deals? Click here to enjoy the entire selection of live deals at Walmart’s Cyber Monday sale and click here to check out Amazon’s latest Cyber Monday deals. Save Bubble earns commissions from purchases made using the links provided.

About Save Bubble: Save Bubble round-up the latest online sales news. As an Amazon Associate and affiliate Save Bubble earns from qualifying purchases.

Contact: Andy Mathews (andy@nicelynetwork.com)

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Better than Black Friday pricing hits new iPad Air 4 at Amazon – AppleInsider

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Better than Black Friday pricing is going on now at Amazon, with Apple’s latest iPad Air 4 dropping back to $559, matching the all-time record low price.

On sale for $569 on Black Friday, Amazon has slashed the price of Apple’s new iPad Air 4 even further, dropping it down to down to $559, and matching the all-time record low price we’ve seen. At the time of publication, Amazon says the tablet is expected to ship by Dec. 20, so you’ll want to secure your spot in line for the best delivery dates.

Stay tuned for Cyber Monday Apple deals

AppleInsider will be highlighting the best Cyber Monday throughout the holiday weekend. Be sure to download our app and follow us on social media for the latest news and best prices on your favorite Apple gear and accessories.

Additional Apple deals

Lowest Apple prices

AppleInsider and Apple authorized resellers are also running additional exclusive discounts on hardware that will not only deliver the lowest prices on many of the items, but also throw in bonus deals on AppleCare, software and more. Here are some of the offers:

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Best Cyber Monday iPhone 12 Deals 2020: Top iPhone 12 & 12 mini Savings Rounded Up by Save Bubble – GlobeNewswire

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Find the best iPhone 12 deals for Cyber Monday 2020, featuring offers on carrier-locked and unlocked Apple iPhone devices

Compare the best iPhone 12 deals for Cyber Monday, featuring iPhone 12 mini offers. Check out the full range of deals by clicking the links below.

Best iPhone 12 Deals:

Best iPhone Deals:

Interested in more deals? Check out Walmart’s Cyber Monday sale and Amazon’s Cyber Monday deals to compare even more live savings. Save Bubble earns commissions from purchases made using the links provided.

About Save Bubble: Save Bubble round-up the latest online sales news. As an Amazon Associate and affiliate Save Bubble earns from qualifying purchases.

Contact: Andy Mathews (andy@nicelynetwork.com)

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