Apple Q4: iPhone revenue up 9.67% YoY to $42.63B, Mac up 25.3% to $11.51B, iPad down 13.06% to $7.17B, Other Products up 9.8% to $9.65B, and Services up 4.98% (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Nvidia reports Q3 revenue down 17% YoY to $5.93B, vs. $5.77B est., including Data Center revenue up 31% YoY to $3.83B and Gaming revenue down 51% YoY to $1.57B  —  – Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light.

Kif Leswing / CNBC:
Block Q3: revenue up 17% YoY to $4.52B, vs. $4.49B est., gross profit up 38% YoY to $1.57B, vs. $1.53B est., and Cash App gross profit up 51% YoY; stock up 12%+  —  – Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.

Jason Snell / Six Colors:
Apple’s new iPad lineup is a mess, with the M2 iPad Pro missing some of the advances in the low-end 10th-gen iPad and the 9th-gen iPad still available for sale  —  On Tuesday morning, Apple announced new iPad and iPad Pro models via press release.  On their own, they are reasonable …

Mark Gurman / Bloomberg:
Sources: Apple will launch new iPad Pros with M2 chip this month, and is working on a Mac mini with M2, Apple TV with A14, and a new entry-level iPad with USB-C  —  Apple’s next product launch is just days away.  Also: The company withholds new employee benefits from its unionized retail store …

Jordan Novet / CNBC:
IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast  —  – IBM beat on the top and bottom lines and raised its revenue growth forecast for all of 2022.

Mark Gurman / Bloomberg:
Sources: 14″ and 16″ MacBook Pro with M2 Pro and M2 Max, M2 Mac mini are coming soon; Apple is testing Mac Pro with 24 CPU cores, 72 graphics cores, 192 GB RAM  —  Apple’s latest iPad lineup and software strategy is its most confusing to date, but here’s how the company could ultimately fix it.