15 interesting points from today’s earnings call

By Cody Lee on Apr 23, 2014

Apple announced its financial results for Q2 2014 this afternoon, and for the most part it beat the Street’s expectations. The company sold 43.7 million iPhones and pulled in $45.6 billion in revenue during the three month period, although it did miss slightly on iPad sales at just 16.3 million.

We’re just finishing up the conference call, where Tim Cook, CFO Peter Oppenheimer and other members of the executive team have discussed Apple’s performance, touted some user stats, and offered insight into the future. And as usual, we’ve rounded up the 15 most interesting points for you… Read More

 

Apple Q2 2014 earnings: 43.7M iPhones, 16.3M iPads, $45.6B revenue

By Cody Lee on Apr 23, 2014

As expected, Apple is out with its financial report for Q2 2014 this afternoon. In a press release issued just a few moments ago, Apple announced that it sold 43.7 million iPhones, 16.3 million iPads, and pulled in $45.6 billion in revenue during its fiscal Q2.

Other than iPad sales, Apple beat the Street estimates by a wide margin. The Cupertino company also announced an accelerated strategy for its stock buyback plans, adding an additional $30 billion to the pot (for a total of $90 billion), as well as a 7-1 stock split…

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Apple reports earnings Wednesday: Here’s what analysts expect

By Jake Smith on Apr 21, 2014

Apple reports its quarterly earnings on Wednesday for the January to March quarter – a typically slow time for technology companies following the Christmas quarter crunch.

On its last earnings call in January, Apple told investors to expect revenue between $42 billion and $44 billion, gross margin between 37 percent and 38 percent, operating expenses between $4.3 billion and $4.4 billion, other income/(expense) of $200 million, and a tax rate of 26.2 percent. Really, no better than the company did last year.

Analysts have been checking with industry sources, looking at retail logs, and number crunching to predict what Apple will announce on Wednesday. Whether the company misses or beats the expectations could have a big impact on the stock price, which is up roughly 36 percent year-over-year. Last quarter, the stock tanked in after hours following a bad guidance for the numbers that are set to be report on Wednesday. Here’s what analysts are expecting:  Read More

 

Apple to announce second quarter earnings on April 23

By Cody Lee on Apr 1, 2014

Folks wondering how Apple did during its quiet second quarter will have their answer in just a few short weeks. The Cupertino company has updated its Investor Relations page to note that it will be releasing its financial results for Q2 2014 on April 23rd.

There were no new products announced during the 3-month period, but Apple did make some changes to its device lineup. In March, the company launched a new 8GB version of its iPhone 5c in certain countries, and reintroduced its 4th generation iPad… Read More

 

Tim Cook: Apple has ‘zero issue’ coming up with new ideas

By Cody Lee on Jan 28, 2014

Continuing our coverage on Apple’s earnings call from yesterday afternoon, we have an interesting comment made by Tim Cook in response to a question asked by an analyst during the Q&A portion. The question was in regards to Apple entering new product categories this year.

Obviously, Cook didn’t say exactly what the company’s plans are for future products, but parts of his otherwise boiler-plate answer were worth noting. The CEO said Apple has zero issue coming up with new ideas, but the challenge is focusing on the few of them that deserve energy… Read More

 

Tim Cook: we’ve known for some time that ‘iPod is a declining business’

By Cody Lee on Jan 27, 2014

Apple posted some huge sales numbers for the holiday quarter earlier today. During the 3-month period, the company sold 51 million iPhones, 26 million iPads—both records—and a surprisingly high 4.8 million Macs. But not all of its device sales were impressive.

iPod sales decreased by more than 50% since last year’s holiday quarter, with Apple selling just 6 million units during the time frame. And during the company’s earnings call, Tim Cook admitted that it has known for some time that the iPod is a declining business… Read More

 

Tim Cook: mobile payments ‘one of the thoughts behind Touch ID’

By Cody Lee on Jan 27, 2014

Apple just finished up its quarterly earnings call a few hours ago where it offered up sales numbers for the holiday quarter, forecasts for next quarter, and everything in between. Tim Cook even fielded some questions from overly-eager analysts.

While most of these questions were fairly dull, there were a handful of them worth noting, including one about Apple’s plans for the mobile payment space. Obviously Cook wouldn’t answer the query directly, but his response was rather interesting… Read More

 

15 interesting points from today’s earnings call

By Cody Lee on Jan 27, 2014

Apple just announced its earnings for its September quarter, and despite all of the ‘doom’ talk and lowball analyst predictions, the numbers are actually pretty good. In fact, the company set records for iPhone and iPad sales, and revenue.

We’re just finishing up the conference call, where Tim Cook and his CFO Peter Oppenheimer talked about Apple’s performance, and offered some insight into its future. And as usual, we’ve rounded up the 15 most interesting points for you… Read More

 

Apple Q1 2014 earnings: 51M iPhones, 26M iPads, $57.6B revenue

By Cody Lee on Jan 27, 2014

As expected, Apple is out with its financial report for Q1 2014 this afternoon. It’s an important one, as it follows a number of product releases in the late fall of last year, and then of course the holiday season, where the company typically posts huge numbers.

And it continues that tradition today. In a press release issued just a few moments ago, Apple announced that it sold 51 million iPhones, 26 million iPads, and pulled in $57.6 billion in revenue during its fiscal Q1—all record-breaking for the Cupertino firm… Read More

 

Apple to discuss holiday sales in January 27 conference call

By Christian Zibreg on Jan 6, 2014

According to the Apple Investor webpage, the company will hold a conference call on Monday, January 27, to discuss financial results of its first fiscal 2014 quarter. The call is scheduled at 2:00pm Pacific / 5pm Eastern Time.

Apple typically announces quarterly earnings via a press release issued half an hour ahead of these calls and we’ll be providing around the clock coverage to make sure you’re up to date on all matters concerning the company’s business metrics.

The upcoming earnings report should be interesting on many levels as it will cover the all-important holiday season sales data for the iPhone 5s/5c, the iPad Air and iPad mini with Retina displayRead More

 

15 interesting points from today’s earnings call

By Cody Lee on Oct 28, 2013

Apple just announced its earnings for its September quarter, and despite all of the ‘doom’ talk and lowball analyst predictions, the numbers are actually pretty good. In fact, the company set a record for iPhone sales during the 3-month period.

We’re just finishing up the conference call, where Tim Cook and his CFO Peter Oppenheimer talked about Apple’s performance, and offered some insight into its future. And as usual, we’ve rounded up the 15 most interesting points for you… Read More

 

Apple Q4 2013 earnings: 33.8M iPhones, 14.1M iPads, $37.5B revenue

By Cody Lee on Oct 28, 2013

As expected, Apple is out with its financial report for Q4 this afternoon. It’s an important one, as the company began selling two new handsets simultaneously last month, and Wall Street is dying to know how the strategy is working thus far.

Well, so far so good. Apple announced today that during its fourth quarter of 2013, it sold 33.8 million iPhones, beating Wall Street expectations of 31 million. It also sold 14.1 million iPads and garnered $37 billion in revenue. More after the fold… Read More

 

15 interesting points from today’s earnings call

By Cody Lee on Jul 23, 2013

Apple just announced its earnings for its June quarter, and despite all of the ‘doom’ talk and lowball analyst predictions, the numbers are actually pretty good. In fact, the company set a record for iPhone sales during the 3-month period.

We’re just finishing up the conference call, where Tim Cook and his CFO Peter Oppenheimer talked about the quarter, offered some insight and fielded several questions. And as usual, we’ve rounded up the 15 most interesting points for you… Read More

 

Apple Q3 2013 earnings: 31.2M iPhones, 14.6M iPads, $35.3B revenue

By Cody Lee on Jul 23, 2013

Facing increasing competition from Samsung and other vendors, without a new product in several months, most analysts predicted that Apple’s earnings for the June quarter would be somewhat of a disappointment. But Apple just beat most of the Street’s estimates.

Apple’s earnings are out, and for the most part the numbers are impressive. The company managed to sell 31.2 million iPhones during the 3-month period, where most analysts predicted 26 million. And it also sold 14.6M iPads (very low), and posted $35.3B in revenue… Read More

 

Apple to webcast June quarter earnings call

By Christian Zibreg on Jul 19, 2013

As per usual with Apple’s earnings releases, the company will webcast its upcoming June earnings call. The live webcast will be provided here, beginning at 2pm PDT on Tuesday, July 23, and will also be available for replay for approximately two weeks thereafter.

You can tune in to the audio webcast using your iPhone, iPad or iPod touch running iOS 4.2 or above or a Mac running OS X 10.5 or above. If you’re on a Windows PC, you’ll want to install QuickTime 7 or later… Read More

 

Apple to announce third quarter earnings on July 23

By Cody Lee on Jul 1, 2013

Folks wondering how Apple did financially during its quiet third quarter will have their answer in just a few short weeks. The Cupertino company announced this afternoon that it will be releasing its financial results for Q3 2013 on July 23.

Apple’s earnings reports are typically a major affair in the tech world, and this one won’t likely be much different. The iPad-maker’s stock continues to take a beating, and it desperately needs to post some big numbers to change the conversation… Read More

 

Tim Cook talks new product categories, downplays chances of larger iPhone

By Cody Lee on Apr 23, 2013

Apple’s Q2 earnings conference call just ended, and by most counts it went rather well. The company beat Wall Street estimates for iPhone and iPad sales, and revenue, and announced a huge initiative to return $100 billion back to investors by 2015.

So why has Apple’s stock fallen from its huge after-hours spike back down to where it started? Well, it might have something to do with Tim Cook’s comments on Apple’s product pipeline. The CEO indicated that we won’t see any new stuff until the fall… Read More

 

15 interesting points from today’s earnings call

By Cody Lee on Apr 23, 2013

Apple just announced its earnings for its first quarter of 2013, second fiscal quarter, and despite all of the lead-in ‘doom’ talk, the numbers are actually very impressive. The company beat Wall Street projections in nearly every metric.

We’re just finishing up the conference call, where Tim Cook and company have made several announcements and dropped a number of impressive statistics. And as usual, we’ve rounded up the 15 most interesting points for you… Read More

 

Apple Q2 2013 earnings: 37.4M iPhones, 19.5M iPads, $43.6B revenue

By Cody Lee on Apr 23, 2013

The news headlines for Apple have been getting progressively worse over the past few months, as rumors continue to swell of falling iPhone and iPad demand, and the company’s stock dipping below $400 for the first time since 2011.

But it looks like they might be able to change the conversation. Q2 numbers are out, and Apple beat Wall Street projections in nearly every category, selling 37.4 million iPhones, 19.5 million iPads and producing $43.6 billion in revenue… Read More

 

Apple to announce Q2 2013 earnings on April 23

By Cody Lee on Apr 1, 2013

It looks like folks wondering how Apple did financially last quarter will find out in just a few short weeks. The Cupertino company announced this afternoon that it will be releasing its financial results for Q2 2013 on April 23.

Apple’s earnings reports are typically a major affair in the tech world, and this one is particularly important. The iPad-maker’s stock is at its 52 week low, and it needs to post some big numbers to change the conversation… Read More

 
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