19:49:08 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 10,850,000
Close 2025-03-21 C$ 31.80
Market Cap C$ 345,030,000
Recent Sedar Documents

Globe/wire say Apple's iPhone 16 to propel Q1 results

2025-03-24 09:17 ET - In the News

The Globe and Mail reports in its Monday edition that Apple is expected to post its biggest quarterly revenue jump in two years Thursday, with iPhone demand faring better than recent years toward the end of the company's annual release cycle, especially in China. A Reuters dispatch to The Globe says the results will provide investors the first hints of demand for the latest iPhone 16 series, which was released a few days before the end of the company's fiscal fourth quarter. The focus will be on executive commentary for its fiscal first quarter amid fears that releasing its Apple Intelligence features at a slow pace could dampen a much-awaited AI-led "supercycle" for Apple's biggest seller. The company is playing catch-up in artificial intelligence as Android smart phone rivals such as Samsung and software rivals such as Microsoft aggressively roll out applications aimed at tapping the generative AI boom. The company on Monday started a limited rollout of the features to U.S. customers in English, weeks after the iPhone 16 went on sale. For now, Apple Intelligence will remain unavailable in key markets, including Europe and China, where the tech giant is under pressure from a resurgent Huawei and other domestic players.

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