AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020. Apple's first fiscal quarter was one to remember, breaking records left and right on its way to a staggering $111.4 billion in total revenue. While that number was the biggest takeaway, it was far from the only record the company shattered. Total revenue Apple brought in a staggering $111.4B in Q1 2021 During the 1Q 2021 financial quarter, Apple raked in $111.4 billion in total revenue. This is the first time the company has passed $100 billion for a quarter, breaking its previous record of $91.8 billion in the prior year's December-ending quarter. It's all the more surprising that Apple did this during a global pandemic, as many working families cut down on luxury purchases. Impressive iPad and Mac sales boosts may have partially reflected the greater need for work-from-home and Zoom-friendly computing devices. However, the iPhone continued … [Read more...] about Ten records Apple broke in its historic holiday 2020 quarter
Discontinued apple products
Apple discontinues full-size HomePod, to focus on HomePod mini
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple on Friday announced the discontinuation of the full-size HomePod , saying it plans to focus on production and development of the HomePod mini. Apple informed TechCrunch of the product's end of life in a statement today. HomePod mini has been a hit since its debut last fall, offering customers amazing sound, an intelligent assistant, and smart home control all for just $99. We are focusing our efforts on HomePod mini. We are discontinuing the original HomePod, it will continue to be available while supplies last through the Apple Online Store, Apple Retail Stores, and Apple Authorized Resellers. Apple will provide HomePod customers with software updates and service and support through Apple Care. The company plans to sell remaining HomePod units until … [Read more...] about Apple discontinues full-size HomePod, to focus on HomePod mini
Kuo: Apple’s major product lines enjoy healthy demand in Q4, but AirPods shipments muted
TF Securities analyst Ming-Chi Kuo in a note to investors on Tuesday reported stronger than expected demand for the tech giant's major device lines, including high-end iPhone 12 Pro and iPhone 12 Pro Max models. According to a recent survey, demand for Apple's top-tier iPhone 12 models, the new iPad Air , Apple Watch Series 6 and SE , and M1 MacBook models is better than expected moving into the lucrative holiday season, Kuo said. The analyst references a number of previous predictions regarding future products, including new M1 MacBook Pro variants and " AirPods 3 ." The analyst is tracking positive momentum for Apple's important iPhone business despite lower than expected demand for iPhone 12 and 12 mini , with increased interest in the high-end iPhone 12 Pro and 12 Pro Max picking up the slack. Those trends should carry forward into the first half of 2021 and toward an anticipated refresh cycle next fall. Apple's iPad Air, which benefitted from a … [Read more...] about Kuo: Apple’s major product lines enjoy healthy demand in Q4, but AirPods shipments muted
Apple reportedly cuts iPhone 12 mini production amid tepid demand
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has informed partner suppliers that it has reduced iPhone 12 mini production plans for the first half of 2021, with manufacturing of some specialty parts suspended altogether, according to a report on Wednesday. Citing industry sources familiar with the matter, Nikkei reports major suppliers were recently informed of the production shift that marks a change in Apple's procurement strategy. Prior to the reported downward revision, the tech giant was aggressively buying semiconductors, printed circuit boards and displays amid a worldwide parts shortage. Apple is targeting output at around 75 million iPhone units for the first half of 2021, down 20% from December 2020, the report says. Much of that downgrade is blamed on iPhone 12 mini. Nikkei sources note … [Read more...] about Apple reportedly cuts iPhone 12 mini production amid tepid demand
Apple’s $111.4B Q1 shatters quarterly record with massive growth across all categories
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple earned $111.4 billion in revenue in the first quarter of 2021, blasting past the $100 billion barrier for the first time on double-digit growth across all product categories. Announced before the company's usual conference call with analysts, Apple's revenue of $111.4 billion for the quarter ending December 2020 represents growth of 21% on the $91.8 billion seen one year prior , itself a record-setting set of results. Earnings per share is set at $1.68, comparatively higher than the $4.99 seen in Q1 2020 before the four-way stock split . The gross margin of $44.3 billion is up from Q1 2020's $35.2 billion, while operating expenses are up/down year-on-year to $10.8 billion from $9.6 billion. Net profit is $28.8 billion, an improvement from $22.2 billion one … [Read more...] about Apple’s $111.4B Q1 shatters quarterly record with massive growth across all categories
Apple now displays iPhone and Mac repairability scores in France
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple this week posted repairability scores for flagship iPhone and Mac products in France, a measure mandated by the country's government in January. The listings, known as repair indexes, are now displayed on official Apple Store app purchase pages and on Apple's website, reports MacGeneration . Current-generation flagship devices including the iPhone 12 , iPhone 11 and iPhone SE series, as well as MacBook Pro and MacBook Air models, carry the informational mark designed to offer insight into a product's life cycle. Separately, Apple has posted a dedicated webpage on its French website with links to detailed repair index reports covering documentation; disassembly, access and tools; parts availability; parts pricing; and software and services support. … [Read more...] about Apple now displays iPhone and Mac repairability scores in France
Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini , while Apple has charged Foxconn with making more of the iPhone 12 Pro series. Despite recently expanding its manufacturing capacity, Pegatron was already facing a slowdown in orders from Apple over its alleged student labor violations. Now it has also seen a reduction in orders, with Apple reportedly requiring fewer of the iPhone 12 mini. According to Digitimes , Pegatron has seen a slowdown in orders for the smallest iPhone, blamed on the coronavirus affecting demand in the US and Europe. Citing unnamed market observers, Digitimes separately reports that Foxconn has received an increase in orders for its production of the iPhone 12 Pro and iPhone 12 Pro Max . … [Read more...] about Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro
Returning to the Apple Store – the new normal
Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. For the first time since March 2020 all 270 Apple Stores in the US are now open in some capacity. AppleInsider has visited a few stores in the last few weeks, and the experience is radically different than what it was a year ago, or even when the stores reopened for the first time. Over the past year, my local Apple Store found in the Westfield Brandon Town Center mall has remained open save for only a few sporadic weeks. While I haven't had much need to visit in-person over the past year, two faulty MacBooks finally required me to make a Genius Bar appointment and bring them in for repair. Users looking to make any kind of Genius Bar appointment should plan far ahead as the earliest appointments for this location were at least one week out. If … [Read more...] about Returning to the Apple Store – the new normal
Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Everything you need to know about USB-C & Thunderbolt 3 on Apple’s new MacBook Pro
Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has decisively transitioned its new MacBook Pros to use the slim, unidirectional new USB-C port first introduced on the Retina MacBook a year and a half ago. Its latest MacBook Pro machines not only supply more connectors, but also support the enhanced new USB 3.1 Gen 2 and Thunderbolt 3 protocols for blazing fast wired connectivity and high resolution displays. Flex your power Like the Retina MacBook, the new MacBook Pro models no longer use MagSafe, Apple's quick release magnetic plug for delivering power. Power is now delivered via USB-C, which fits snuggly enough to pull your laptop off the edge of a table if something inadvertently tugs the cable hard enough. While many are weeping over the death of their beloved MagSafe, I've … [Read more...] about Everything you need to know about USB-C & Thunderbolt 3 on Apple’s new MacBook Pro