MacSurfer's Headline News™

Apple/Macintosh

Apple Q2 Results

"Apple Reports Second Quarter Results" ["Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016. The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 40.8 percent in the year-ago quarter. International sales accounted for 67 percent of the quarter's revenue."] Apple 3:42 PM

"Apple Reports Second Quarter Results: Capital Return Program Expanding to $250 Billion" Business Wire 3:32 PM

"Apple Reports First Quarterly Sales Drop Since 2003: iPhone sales post first-ever year-over-year decline" WSJ.com [Paid Membership Required] 3:43 PM

"Apple Forecasts Another Sales Decline as iPhone Demand Cools" Bloomberg 3:52 PM

"IPhone Sales Drop, and Apple's 13-Year Surge Ebbs" New York Times [Free/Paid Registration Required] 5:51 PM

"Apple misses sales as iPhone shipments drop for first time ever: CEO Tim Cook said the company faced 'macroeconomic headwinds' which is code for having a really hard time convincing people to buy iPhones, iPads and Macs." CNET 4:11 PM

"Apple suffers first quarterly revenue decline in 13 years" Financial Times [Paid Membership Required] 4:12 PM

"Apple reports slowdown in iPhone sales and first revenue decline in 13 years: Much of the falloff is attributable to the stuggling Chinese economy, still the second-largest market in the world for Apple products behind the US" The Guardian 6:25 PM

"This is Tim: Apple's CEO on the company's 2016 Q2 earnings" [transcript] iMore 7:28 PM

"Apple Announces their Q2 2016 Financials & Capital Return Program Expanding to $250 Billion" Patently Apple 5:54 PM

"Apple Music surpasses 13M paid subscribers on strong services growth" AppleInsider 5:23 PM

"Apple's Q2 numbers: iOS sales, 13m Apple Music subs, record Android switchers, Apple Pay growth, more" 9to5Mac 5:39 PM

"Apple's iPhone sales sink for the first time ever last quarter" CNNMoney 4:20 PM

"Apple just posted its first decline in revenue since 2003" Business Insider 3:53 PM

"Apple reports iPhone sales down, 1st revenue drop since 2003" Associated Press 3:52 PM

"Apple Reports First Year-Over-Year Revenue Decline Since 2003: $10.5B Profit on $50.6B in Revenue" MacRumors 3:54 PM

"Apple reports Q2 earnings: Revenue drops, iPhone sales sink for first time ever" BGR 3:54 PM

"Apple Misses Wall Street Estimates on Earnings, iPhone, Mac, and Raises Dividend" The Mac Observer 4:01 PM

Apple News

"Apple is about to post its first quarterly revenue decline since 2003" Re/code 7:17 AM

"Why Apple Needs To Do Something Huge Soon: Apple is expected to announce a significant drop in iPhone sales/If Silicon Valley has anything resembling an action hero, it's Apple." Time 8:46 AM

"Apple Earnings Smackdown: Final spreadsheet for Q2 2016" Apple 3.0 [Subscription Required for Full Article] 7:19 AM

"Apple Earnings: What to Watch/iPhone maker seen reporting its first decline in quarterly revenue since 2003" WSJ.com [Paid Membership Required] 10:42 AM

"Apple Q2 earnings expectations: 51 million iPhones, $52 billion revenue, first quarterly decline since 2003" 9to5Mac 7:18 AM

"Concerns about iPhone sales loom over Apple's earnings report" Los Angeles Times [Paid Membership Required] 8:17 AM

"FBI Plans to Keep Apple iPhone-Hacking Method Secret: Move would likely keep Apple in the dark about security weakness" WSJ.com [Paid Membership Required] 2:37 PM

"FBI chief: Agency still studying vulnerability on iPhone" Associated Press 10:41 AM