Luca Maestri

As Apple Inc. (NASDAQ:AAPL) prepares for its “Glowtime” event, Wedbush analyst Dan Ives anticipates a “historical period” for the tech giant, ignited by the launch of the iPhone 16 series. What Happened: Ives shared his insights on CNBC’s Squawk on the...

Apple Inc. (NASDAQ:AAPL) is once again the center of Wall Street’s attention, and not just for its tech gadgets. The recent announcement that CFO Luca Maestri will be stepping down on Jan. 1, 2025, and will be succeeded by Kevan Parekh, the current vice president of Financial Planning and...

Apple Inc. (NASDAQ:AAPL) has continued its robust capital return program, returning over $32 billion to shareholders in the third quarter of fiscal year 2024. What Happened: During the earnings call, Apple’s CFO Luca Maestri provided details on the company’s capital allocation strategy...

The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by...

Apple, Inc. (NASDAQ:AAPL) reported fiscal year 2024 second-quarter results that exceeded muted expectations and its stock launched into a relief rally, with the upside also attributable to the shareholder returns it announced. Deepwater Asset Management’s Gene Munster offered his take on the...

Tech giant Apple, Inc. (NASDAQ:AAPL) reported late-Thursday better-than-expected fiscal year 2023 fourth-quarter results but investor sentiment soured as the company’s year-over-year revenue declining streak extended to a fourth straight quarter. More negative tidings followed as CFO Luca...

This story was first published on the Benzinga India portal. After posting quarterly earnings results, Apple Inc.'s (NASDAQ: AAPL) CEO Tim Cook on Thursday presented an optimistic outlook despite a minor slump in comprehensive revenue. The tech behemoth's iPhone sales...

Apple, Inc. (NASDAQ:AAPL) reported fourth-quarter results that exceeded estimates Thursday, with better-than-expected Services and iPad revenue. The company’s Services revenue rose to a record and so did its active installed base of devices, while iPhone revenue was slightly shy of estimates...

Market bellwether Apple, Inc. (NASDAQ:AAPL) is scheduled to release its fiscal year fourth-quarter (Q4) results Thursday after the market close. Given the macro and geopolitical tensions, analysts are guarded in their outlook. What Wall St. Expects: Apple’s year-over-year revenue declining...

Apple, Inc. (NASDAQ:AAPL) shares traded down in premarket trading on Friday as softer fiscal year third-quarter hardware product sales, with the exception of Macs, and disappointing September quarter guidance warded off investors. The company reported third-quarter earnings of $1.26 per share and...

Apple, Inc. (NASDAQ:AAPL) announced fiscal year third-quarter results that came in ahead of expectations, propelled by strong Service sector growth. The company also said its installed devices of active bases rose to a record. While Mac sales exceeded expectations, the rest of the product...

Apple, Inc. (NASDAQ:AAPL) reported forecast-beating results for the fiscal year second quarter, thanks to stronger-than-expected iPhone sales and record Services segment revenue. Following the earnings release, CEO Tim Cook and CFO Luca Maestri delved into the results and outlook and fielded...

Apple Inc (NASDAQ: AAPL) reported fiscal fourth-quarter earnings last Thursday that beat Wall Street expectations on revenue and earnings per share. The company also revealed its paying subscribers grew to more than one in 10 people on the planet. Apple beat estimated earnings by 2.38%,...

Apple Inc (NASDAQ: AAPL) CFO Luca Maestri said that the revenue performance of the iPhone maker is likely to take a hit during the December quarter. What Happened: Maestri said during the company’s fourth-quarter earnings call, “We believe...

The U.S. Stock Market has had a rough 2022 so far and the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA: DIA) has been no exception to that. Since the start of the calendar year, the index has lost close to 6,000 points as inflation continues to rise and consumer spending falls....