Apple kills it again in Q2, exceeds earnings expectations

apple tim cook lunch big
Apple reported its second quarter earnings late Monday and the news was better than expected. The Cupertino-based company, which is currently the highest valued company in the world, posted per-share earnings of $2.33, beating out the market estimate of $2.18. Shares of the company are already up 20 percent in 2015, up 62 percent over the last 12 months, and have jumped another 1 percent since the closing bell at the NYSE.

As for sales of its flagship product, Apple reports that it shipped 61.17 million iPhones in Q2, beating estimates that placed sales at 56 million units. It’s also a noteworthy increase over the 43.7 million iPhones sold in Q2 2014. The numbers themselves look attractive, but the dollar signs are looking pretty as well. Apple has upped their quarterly dividend by 11 percent after the board approved a raise from $90 billion to $140 billion of share buyback purchasing power.

“We believe Apple has a bright future ahead, and the unprecedented size of our capital return program reflects that strong confidence,” said CEO Tim Cook. “While most of our program will focus on buying back shares, we know that the dividend is very important to many of our investors, so we’re raising it for the third time in less than three years.”

Total earnings for the quarter reached $13.6 billion, bolstered by steady sales of the iPhone 6 and 6 Plus, blowing away concerns over slowing sales of previous iPhone models. Positivity is teeming back into the consciousness of Apple shareholders as the company continues the launch of its first new product since 2010. The only negative number to come out of the earnings report was a drop in iPad sales, which slumped a bit lower than anticipated. Apple moved 12.6 million units of the tablet in Q2 — about 2.4 million below what it expected to sell.

Much of the increased profits are attributed to clever workings with China and India to grow Apple’s reach and sell units in markets where Apple previously held little weight. For example, sales in China grew 71 percent year over year.

Gaming

Brace yourself. Sony’s PlayStation 5 is going to be expensive

How much will Sony's PlayStation 5 cost? Official pricing will stay under wraps for months, but early details provide enough information to make a guess. Our estimate suggests the price will be higher than fans expect to pay.
Computing

MacOS update may include external display support for iPads

Apple's upcoming MacOS is rumored to include a new native external display support feature. Code-named "Sidecar" the new feature is expected to allow MacOS computers to send app windows to external displays like iPads.
Mobile

Apple's iOS 13 will reportedly offer a systemwide Dark Mode and windowed apps

iOS 12 was a relatively large update to Apple's iPhone, but iOS 13 could be even bigger. Rumors have begun circulating about what we should expect from iOS 13, which suggest a much more productive operating system for both iPhone and iPad.
Deals

Need a new tablet? Here are the best iPad deals for April 2019

In the wide world of tablets, Apple is still the king. If you're on team Apple and just can't live without iOS, we've curated an up-to-date list of all of the best iPad deals currently available for April 2018.
Deals

The excellent Moto G6 is just $99 from Google Fi for a limited time

Getting a cheap smartphone can be a great way to squeeze value out of your dollars. Motorola's Moto G-range has always been good value, but never better than this: Get the Moto G6 for just $99 from Google Fi.
Mobile

Keep your huge phone beautiful with the best iPhone XS Max cases

Apple's iPhone XS Max might be the best large phone the company has ever released. But a bigger OLED display and body means there's more glass to crack. Keep your massive phone safe with the best iPhone XS Max cases.
Product Review

The Xperia 10 Plus feels great in your hand, but you'll still want to put it down

There has never been a better time to buy a smartphone with an unusual design, and one of the cheaper models out there vying for your attention is the Sony Xperia 10 Plus, with its 21:9 aspect ratio screen.
Deals

Apple iPads and iPad Pros get price cuts up to $150 on Amazon

In the market for a new iPad? Now might be the time to buy -- Amazon has discounted a range of iPad models, including the 10.5-inch, 11-inch, and 12.9-inch iPad Pro models, plus the standard iPad.
Deals

Ultra Wideband is here, and you can use it with the 5G Moto Mod (and save $150)

5G is rolling out in the U.S., and Motorola’s Moto Z3 is one of the few phones that can use it. Select people can take advantage of Verizon’s 5G service and enjoy a $150 discount with the purchase of a Moto Z3 and 5G Moto Mod bundle.
Deals

The best Amazon Prime Day 2019 deals: Everything you need to know

Amazon Prime Day 2019 is still a few months off, but it's never too early to start preparing. We've been taking a look at the best discounts from previous Prime Days to give you our predictions of what to expect this year.
Mobile

The 15 most stylish iPhone docks and charging stands for your device

The right iPhone dock does more than just hold your phone. If you’re looking for the perfect dock for your bedroom, or one to sit discretely on your office desk, there’s a good chance you’ll find it here.
Trash

How to save yourself money by buying a refurbished iPhone

There’s a lot to consider when you’re looking for a new iPhone, and it can be very expensive. Save yourself some heartache and some money with our guide on how to buy a refurbished iPhone.
Mobile

BlackBerry Messenger to shut down in May, be replaced by enterprise version

BlackBerry Messenger for consumers will shut down at the end of May, nearly six years after it was launched. The app is going back to its roots, in a way, as it is being replaced by the much simpler BlackBerry Messenger Enterprise.
Deals

Apple Watch Series 3 and Samsung Gear S3 smartwatches get big price cuts

The Apple Watch Series 3 and Samsung Gear S3 are at some of the lowest prices we've seen since so far this year. With discounts from Amazon and Walmart, now is a great time to find spring savings on wearables.