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How Will Services, Mac and iPad Fare in Apple's Q3 Earnings?
How Will Services, Mac and iPad Fare in Apple's Q3 Earnings?

Globe and Mail

time5 hours ago

  • Business
  • Globe and Mail

How Will Services, Mac and iPad Fare in Apple's Q3 Earnings?

Apple 's AAPL third-quarter fiscal 2025 results, to be reported on July 31, are expected to reflect the impact of Apple Intelligence on iPhone, as well as non-iPhone devices: Mac and iPad. Introduction of Apple Intelligence, an advanced personal intelligence system seamlessly integrated into iOS 18, iPadOS 18, and macOS Sequoia, is helping Apple sell more of its devices, including the iPhone. The Services business is expected to have benefited from a growing installed base of devices as well as subscriber base of its offerings, including Apple TV+, Apple Pay, Apple Music and more. Apple had more than 1 billion paid subscribers across its Services portfolio at the end of the fiscal second quarter. Paid subscriptions grew double-digits, a trend expected to have continued in the to-be-reported quarter. However, while Mac sales are expected to grow year over year, iPad is anticipated to decline. Apple Inc. Revenue (TTM) Click here to learn how Apple's overall fiscal third-quarter earnings results are likely to be. Services Growth to Ride on Apple TV+, Strong Install Base Severance, along with Ted Lasso, Slow Horses, Silo, and The Gorge, are a few of the Apple TV+ shows and movies that have gained fame in recent years. The company leverages Apple TV+, along with Apple Music, Apple Arcade, and Apple Pay, to attract users to its Services portfolio, which currently has more than 1 billion paid subscribers, more than double what Apple had four years ago. However, Apple TV+ is suffering from stiff competition in the streaming space from the likes of Disney 's DIS Disney+, Netflix NFLX and Peacock. For the fiscal third quarter, Disney expects a modest increase in its Disney+ subscriber base on a sequential basis. Disney closed the second quarter of fiscal 2025 with 180.7 million total streaming subscribers, representing a 2.5% sequential increase. Netflix's strong content performance across global markets, including hits like Exterritorial (89M views) and Tyler Perry's STRAW (109M views), drove member growth that exceeded forecasts in the second quarter of 2025. The quarter was highlighted by Squid Game S3 becoming Netflix's sixth biggest season ever with 122M views. The Zacks Consensus Estimate for third-quarter fiscal 2025 Services is pegged at $26.96 billion, suggesting 11.3% year-over-year growth. Apple to Benefit From Y/Y Growth in Mac Sales The PC segment climbed up in the second quarter of calendar 2025. Per IDC, Apple had a market share of 9.1%, up 110 basis points (bps) on a year-over-year basis. Shipment grew 21.4% year over year to 6.2 million. Per Gartner, Apple had a market share of 9%, up 70 bps year over year. Apple's estimated shipment growth rate is the largest in IDC's vendor list, followed by ASUS and Lenovo's growth of 16.7% and 15.2%, respectively. Dell Technologies ' DELL shipment declined 3%, while HP saw shipment growth of 3.2%. According to Gartner's list, Lenovo was placed at the #1 spot with shipment growth of 13.9%, trailed by Apple's 13.4% and ASUS' 8.7%. Dell Technologies' shipment declined 3%, while HP saw growth of 3.2%. The Zacks Consensus Estimate for fiscal third-quarter Mac net sales is pegged at $7.16 billion, suggesting 2.2% year-over-year growth. Apple's iPad Sales to Decrease Y/Y iPad accounted for roughly 6.7% of fiscal third-quarter net sales. Strong demand for iPad Pro and the launch of 11-inch and 13-inch iPad Air benefited sales, which increased 15.2% year over year to $6.4 billion. However, iPad revenues are expected to have suffered from sluggish demand in the to-be-reported quarter. The Zacks Consensus Estimate for fiscal third-quarter iPad net sales is pegged at $6.78 billion, suggesting 5.3% year-over-year decline. Zacks Rank Apple currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Higher. Faster. Sooner. Buy These Stocks Now A small number of stocks are primed for a breakout, and you have a chance to get in before they take off. At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We've combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month. You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days. Download the report free now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Netflix, Inc. (NFLX): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report

Beyoncé's final 'Cowboy Carter' concert draws A-list celebrities to Las Vegas
Beyoncé's final 'Cowboy Carter' concert draws A-list celebrities to Las Vegas

Yahoo

time2 days ago

  • Entertainment
  • Yahoo

Beyoncé's final 'Cowboy Carter' concert draws A-list celebrities to Las Vegas

Beyoncé Knowles-Carter concluded her "Cowboy Carter" tour with a final performance in Las Vegas, drawing some of Hollywood's biggest names to Sin City for the occasion. The Grammy-winning singer kicked off her final concert at Allegiant Stadium in Vegas on July 26. The concert marked her last of two back-to-back shows at the stadium on her Cowboy Carter and the Rodeo Chitlin' Circuit Tour. It also served as the last of her 32 stadium concerts across the U.S. and Europe. While celebrities have been showing up all tour long, the Las Vegas closer brought out some of the biggest names in one star-studded night. Of course, Beyoncé's core circle, including her husband, Jay-Z, her mom, Tina Knowles, and her dad, Mathew Knowles, were among those to attend the final shows. However, other attendees included some of biggest power players in the industry. Gayle King, Oprah Winfrey, Tyler Perry, Kris Jenner attend Beyoncé's final show Before the show began, Gayle King shared photos from the venue alongside some famous friends — including Oprah Winfrey, Tyler Perry, Kris Jenner and Khloe Kardashian. 'Grand opening, grand closing!' she captioned the post. 'Here in Las Vegas with the cowboy crew to watch Beyoncé close out her historic Cowboy Carter tour!!' King, Oprah and Perry were amongst those to attend opening night in Los Angeles on April 28. Kerry Washington, Maya Randolph, Paul Thomas Anderson, more attend night 2 in Vegas Kerry Washington, who also posed for photos with King's crew, was in attendance for the final show. Other special guests included Maya Rudolph and director Paul Thomas Anderson. Fans also spotted actor Daniel Kaluuya at the show — to name a few. There were also a number of celebrities who attended the tour and the final show who are not listed or pictured. Beyoncé also filed the stage with some very special guests. During the show, she reunited with her former Destiny's Child members Kelly Rowland and Michelle Williams as they performed some of their classic hits. 'Cowboy Carter' collaborator Shaboozey also joined her to perform their song 'Sweet Honey Buckin'' Adding to the surprises, her husband Jay-Z made joined her once again for one last memorable performance. Of course, Beyoncé first debuted her tour at SoFi Stadium in Los Angeles on April 28 with 39 songs on the set list. Her shows have been filled with family, fashion, different music genres, and most notably country music and cultural commentary. As fans know, she released her eighth studio album, "Cowboy Carter," in March 2024. It has since made history and broken multiple records. As Beyoncé's first country album, she deliberately featured country legends and emerging Black country artists alike. Follow Caché McClay, the USA TODAY Network's Beyoncé Knowles-Carter reporter, on Instagram, TikTok and X as @cachemcclay. This article originally appeared on Nashville Tennessean: Beyonce's final 'Cowboy Carter' show: Celebrities attend in Las Vegas

‘Global sensation' Netflix movie tops chart with 106 million views
‘Global sensation' Netflix movie tops chart with 106 million views

Metro

time4 days ago

  • Entertainment
  • Metro

‘Global sensation' Netflix movie tops chart with 106 million views

Steve Charnock Published July 24, 2025 1:32pm Updated July 24, 2025 2:55pm Link is copied Comments Film fans, gather 'round. Netflix has delivered another top 10 movies list for the week. And it's a menu featuring a cocktail of animated wonders, heart-stopping thrillers, dumb-founding documentaries and a dose of Tyler Perry's cross-dressing chaos. Whether you prefer subtitles, swordplay, supernatural pop idols or just want to witness Madea's latest disaster, this ranking reflects Netflix subscribers' loves across the genres. Strap in for a tour through what's making waves on the world's most popular streaming service right now…(Picture: Netflix) This Thai action‑horror flick exploded onto Netflix globally in its first week thanks to its martial arts‑infused zombie carnage. It's not your average undead romp, either. Choreographed Muay Thai meets dystopian grimness here, with emotional punches landing alongside physical ones. Critics praised the intensity but some flagged that the character arcs are on the thin side. Still, with its stylish violence and high‑energy pace, it's a welcome jolt for anyone bored of the standard watered‑down zombie fare - or just curious as to what K‑zombies might look like (Picture: Netflix) A quiet indie flick that snuck into Netflix's top 10 for the past week, this Maine‑based drama combines fall foliage with emotional isolation. It never attempts to provide the viewer with flashy spectacle, this is all about subtle performances and introspective pacing. To the point that it might just feel a wee bit like it's plodding unless you're really in the mood. Yet it drew in over 4 million viewers over the last seven days, possibly because people love looking at New England scenery. Not unforgettable, but oddly soothing for a film about a 12 year-old boy trying not to die in the wilderness (Picture: Everett/Shutterstock) Next up we have a Brazilian comedy‑drama from director Felipe Joffily that passes as a more-than-watchable flick. It's charmed audiences across the world with its messy familial twists and warm humor. Thankfully, its blend of romance, subtle laughs and tear‑jerking sincerity feels earnest rather than forced. It boasts a cast that sparkles with chemistry, though critics were quick to point out that it has more than a few predictable plot points. At roughly 5.5 million weekly viewers, it's clear the appeal lies in watching ordinary chaos unfold with genuine heart. And maybe in reminding yourself that your own family gatherings could always be worse (Picture: Netflix) Charlize Theron reprises her immortal warrior role in this sequel that Netflix viewers have been enjoying over the past couple of weeks. Expect slick fight choreography, a touch of existential angst and a franchise that seems to have legs. Critics say it glosses over character development in favor of all-out action, but if adrenaline is what you want from your next movie pick, then this delivers in spades. Who said you can't age gracefully with a double-headed axe in your hand? Probably no one. But if anyone ever does, show them this action flick to prove them wrong (Picture: Netflix/AP) Netflix's South Korean psychological thriller set in a pressure‑cooked apartment building has captivated audiences globally this week. A man discovers unsettling secrets beneath his new home. Think claustrophobia meets urban paranoia. Film reviewers applauded its tense atmosphere and sharp production design, though some found the specifics of the 'mystery' a little predictable. Still, if you enjoy slow‑burn dread rather than CGI jump scares, Wall to Wall offers a stylish and unsettling ride through your worst neighbor‑from‑hell scenario (Picture: Young-Uk Jeon/Netlix) Maybe you thought this anthology docuseries had already peaked with the wonderfully titled Poop Cruise. But this Trainwreck exploring the 2009 'Balloon Boy' hoax may just prove otherwise. It brings to life a truly odd story that's a perfect storm of ridiculousness with serious implications. Critics were mixed: some saw it as sensationalist, others found it illuminating. Watch it if you've ever wondered how the internet and tabloids turn absurdity into spectacle and allow ridiculous lies to snowball into something quite extraordinary (but still extremely stupid) (Picture: Netflix) This Rotterdam-set Dutch buddy‑comedy climbed into Netflix's top five mostly due to its big laughs and even bigger stunts. Two mismatched cops fumble through crime scenes, slapstick disasters and heartfelt confessions, all before you can say 'slightly cliched plot'. Critics called it silly but effective at delivering crowd‑pleasing chaos. If you're after uncomplicated laughs with a fair few explosions, this pairs well with popcorn and fairly low expectations (Picture: Netflix) Tyler Perry's diva grandma returns in this sun‑drenched matrimonial adventure in the Bahamas. As always, Madea is equal parts troublesome gran and moral compass, stirring up family drama when her nephew's daughter marries a rapper she barely knows. Critics like to dismiss the franchise as broad throwaway slapstick, but Perry's audience just loves that familiar chaos. It's comfort viewing. If your comfort involves exaggerated accents, hugely unflattering dresses and fairly easy jokes, that is (Picture: Netflix/Everett/Shutterstock) This German thriller has a smart premise: out of the blue, a mysterious brick wall encloses an apartment building, leaving residents trapped inside. Matthias Schweighöfer and Ruby O. Fee anchor the film with a fair bit of emotional realism as panic and paranoia start to spread. Movie writers lauded its clever premise and escalating tension, though some said the resolution of the film feels a little contrived. And not super well executed. Hence its 38% rating on Rotten Tomatoes (Picture: Netflix/Sasha Ostrov) This animated gem - called 'a global sensation' by the movie website Bloody Disgusting - has slowly but surely turned into a cultural phenomenon in its fifth week of being available. Since first landing in Netflix's top 10, it's racked up an incredible 106 million views, with almost 26 million of those in the last week alone. The premise: the stars are a K‑pop girl band by day and demon‑hunting superheroes by night. It's frantic, flamboyant and occasionally baffling. Arden Cho's lead voice performance went down so well it even rallied fans to try and keep the movie at top spot until a sequel gets greenlit by Netflix. Surely, given the incredible success of the thing, that decision isn't far off…? (Picture: Netflix)

Billionaire filmmaker explains why he cut ties financially with family
Billionaire filmmaker explains why he cut ties financially with family

The Independent

time5 days ago

  • Entertainment
  • The Independent

Billionaire filmmaker explains why he cut ties financially with family

Tyler Perry discussed firing his aunt and ending financial support for other family members on Kirk Franklin's YouTube series, King of Dens. He explained he fired his aunt, who frequently asked for money, after giving her a job she failed to perform, stating he did not want to be 'welfare' to her. Following his mother's death in 2009, Perry informed family members they had 60 days to secure employment, ceasing his financial assistance to them. Perry asserted that providing continuous financial handouts can handicap individuals, stressing the importance of working for what one wants. He recounted an instance where a family member became upset because he declined to give them $1 million.

Billionaire Tyler Perry reveals why he fired his aunt and financially cut off family members: I'm not ‘welfare'
Billionaire Tyler Perry reveals why he fired his aunt and financially cut off family members: I'm not ‘welfare'

New York Post

time6 days ago

  • Entertainment
  • New York Post

Billionaire Tyler Perry reveals why he fired his aunt and financially cut off family members: I'm not ‘welfare'

Tyler Perry is keeping his (credit) cards close to his chest. The media mogul, who amassed a net worth upwards of $1.4 billion, revealed that he doesn't believe in providing family members with handouts. What's more, the Hollywood filmmaker said that he once went so far as to fire his aunt from a job because she didn't take it seriously enough. 4 Tyler Perry revealed that he doesn't believe in providing family members with handouts. YouTube / Kirk Franklin Perry detailed his firm stance on finances during an appearance on YouTube series 'Den of Kings,' saying that the unidentified relative would always ask for money. 'She said she wanted a job. She would always call asking for money, I would send her the money,' he told host Kirk Franklin and fellow guests Derrick Hayes and Jay 'Jeezy' Jenkins. 'I said, 'Listen, I want to help you. I want to help you build this thing, not be welfare to you. So, let me give you a job.'' But the 'Madea Goes to Jail' star said his aunt was constantly calling off sick, which forced him to put his foot down. ''Well, you gotta go,'' he recalled telling her. 'Because you want me to hand you the money, but you don't want to work for it. See, that doesn't work for me.' Perry, who was recently slapped with a $250M sexual assault suit, admitted that he has adopted a similar approach when raising his 10-year-old son, Aman. 'I don't believe in giving us things that are just going to handicap us,' he shared. 'That is the worst thing you can do.' 4 The Hollywood filmmaker has amassed a net worth upwards of $1.4 billion. Tyler Perry / Facebook The director said that he sent letters to family members that his mother had asked him to help out with financially after she died in 2009. In the letter, he told his family members they had 60 days to get a job. 'I'm not going to keep supporting you like that,' he told them, adding that all family members ended up finding employment. 'And it wasn't even, like, jobs where they made a lot of money, but it was a job,' he said. 'It was something else for them to do, feel some pride in. That's the same thing I would want someone to do for me.' 4 Tyler Perry pictured with his late mom, Maxine (right) and aunt, Mayola. FilmMagic Perry currently boasts a net worth of $1.4 billion, according to Forbes. He owns 100% of the projects he creates, with his most successful franchise to date, 'Madea,' grossing over $660 million. It's not the first time Perry had opened up about his parenting choices. During an appearance on 'The Sherri Shepherd Show' in December 2024, the filmmaker revealed that his son only gets 'books and Legos' for Christmas, and that the pair fly coach. 'He was complaining once, this was about five years ago, he was complaining about flying commercial because the lines were so long,' he shared. Perry said that he and Aman's mother, Gelila Bekele, came to a mutual agreement that their child would be flying commercial from then on out. 4 Perry owns 100% of the projects he creates, with his most successful franchise to date, 'Madea,' grossing over $660 million. Chip Bergman 'So he understands, I worked, he did not. So when he works, he can learn that lesson,' he said. 'He's not gonna be one of those ridiculously spoiled rich kids, I can't stand that. He ain't got no money.'

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