15 interesting points from Apple’s Q2 2016 earnings call

By Cody Lee on Apr 26, 2016

Apple announced the financial results for its fiscal second quarter of 2016 this afternoon, and the numbers are pretty rough. While they fall within the company’s own guidance, iPhone sales are down 10 million units from the year-ago quarter, and revenue is down $7 billion.

We’ve just finished up the conference call, where Tim Cook and CFO Luca Maestri discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below. Read More

 

Apple’s Q2 2016 earnings: 51.2M iPhones, 10.2M iPads, $50.6B revenue

By Cody Lee on Apr 26, 2016

Apple on Tuesday released its earnings report for the second [fiscal] quarter of 2016. The Cupertino company fulfilled expectations that it was going to report its first ever year-over-year decline in iPhone sales, moving just 51.2 million handsets vs. 61.2 million in Q2 last year. Revenue is also down substantially from the year-ago quarter. Read More

 

Tim Cook: virtual reality is really cool and has some interesting applications

By Cody Lee on Jan 26, 2016

During Apple’s Q1 2016 earnings call on Tuesday, Tim Cook and CFO Luca Maestri discussed the company’s performance over the past 3 months. We’ve put together a nice little roundup of all the interesting stuff, but we thought this particular exchange was worth a separate post.

In the Q&A portion of the call, Piper Jaffray analyst Gene Munster—who made a name for himself through his tireless predictions that Apple was building a TV set—asked Tim Cook what he thought about virtual reality. And in his first public comments on the topic, Cook answered. Read More

 

15 interesting points from Apple’s Q1 2016 earnings call

By Cody Lee on Jan 26, 2016

Apple announced the financial results for its fiscal first quarter of 2016 this afternoon, and the numbers are pretty solid. The company broke its own records on handset sales, moving 74.8 million iPhones, and revenue, garnering nearly $76 billion during the three-month holiday period.

We’ve just finished up the conference call, where Tim Cook and CFO Luca Maestri discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below. Read More

 

Apple’s Q1 2016 earnings: 74.8M iPhones, 16.1M iPads, $75.9B revenue

By Cody Lee on Jan 26, 2016

Apple on Tuesday released its earnings report for the first [fiscal] quarter of 2016. As most of you know, this was the iPhone-maker’s holiday quarter, where most consumer electronic companies—particularly Apple—tend to put up monster numbers. And of course Tim Cook and his team did not disappoint.

Once again, Apple has delivered a record-breaking first quarter. The company sold 74.8 million iPhones, up slightly from last year’s 74.5 million, and increased its revenue by more than $1 billion. Not all of the numbers are impressive though, as Mac sales are slightly down and iPad sales continue to tumble.

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Apple to announce Q1 2016 earnings on January 26

By Cody Lee on Jan 4, 2016

Apple just confirmed via its Investor Relations portal that it will be releasing financial results for its first fiscal quarter of 2016 (fourth calendar quarter of 2015) on Tuesday, January 26. As usual, the company will be hosting a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET that day.

While earnings reports aren’t typically worth getting excited about, Apple loves to show off during the holiday quarter. The company routinely crushes smartphone sales and revenue records for the 3-month period, besting itself last year by moving 75 million iPhones and recording almost $75 billion in revenue. Read More

 

15 interesting points from Apple’s Q4 2015 earnings call

By Cody Lee on Oct 27, 2015

Apple announced its financial results for its fiscal fourth quarter of 2015 this afternoon, and the numbers are pretty solid. The company sold 48M iPhones and earned $51.5B in revenue, handily beating numbers from last year but falling short of Wall Street’s expectations.

We’ve just finished up the conference call, where Tim Cook and CFO Luca Maestri discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below. Read More

 

Apple’s Q4 2015 earnings: 48.05M iPhones, 9.88M iPads, $51.5B revenue

By Cody Lee on Oct 27, 2015

Apple on Tuesday posted its [fiscal] fourth quarter earnings for 2015, offering a look at its performance over the past 3 months. The company shattered most of its sales figures from the same year-ago quarter, but came in under Wall Street expectations in the most important category: iPhone sales.

Analysts were expecting Apple to sell 48.5 million smartphones during Q4, but it fell a bit short at 48.05 million. And although market watchers anticipated lower-than-last-year iPad numbers, the firm came in under tablet sales projections as well. Keep reading for a full breakdown of the numbers.

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15 interesting points from Apple’s Q3 2015 earnings call

By Cody Lee on Jul 21, 2015

Apple announced its financial results for its fiscal third quarter of 2015 this afternoon, and the numbers are solid. The company sold 47.5 million iPhones and earned $49.6 billion in revenue, breaking June quarter records and beating Wall Street expectations.

We just finished up the conference call, where Tim Cook and other executives discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below. Read More

 

15 interesting points from Apple’s Q2 2015 earnings call

By Cody Lee on Apr 27, 2015

Apple announced its financial results for its fiscal second quarter of 2015 this afternoon, and the numbers are impressive. The company sold 61.2 million iPhones and earned $58 billion in revenue, breaking March quarter records and beating Wall Street expectations.

We just finished up the conference call, where Tim Cook and other executives team discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below. Read More

 

Apple to announce Q2 2015 earnings on April 27

By Cody Lee on Mar 30, 2015

Apple just confirmed via its Investor Relations portal that it will be announcing the financial results for its second fiscal quarter of 2015 on Monday, April 27. As usual, the company will be hosting a live conference call to discussing its earnings, beginning at 2:00 p.m. PT / 5:00 p.m. ET.

While Q2 is typically an uneventful quarter for Apple this one should prove quite interesting. Industry watchers are anxious to see how it follows up its record-breaking holiday quarter, and the firm is sure to share initial thoughts and feedback regarding the just-launched Apple Watch. Read More

 

Apple’s record-smashing Q1 2015 earnings: 74.5M iPhones, 21.4M iPads, $74.6B revenue

By Cody Lee on Jan 27, 2015

Apple has posted its [fiscal] first quarter earnings report for 2015 this afternoon and they are incredible. The company says it sold a staggering 74.5 million iPhones and recorded $74.6 billion in revenue during the holiday-driven 3-month period.

Both of the numbers beat even the most optimistic Wall Street estimates, and are all-time records for the company. To give you an idea of how big this is, Apple sold 51 million iPhones and earned $57.6 billion in the exact same quarter last year.

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15 interesting points from today’s earnings call

By Cody Lee on Oct 20, 2014

Apple announced its financial results for Q4 2014 this afternoon, and for the most part it beat the Street’s expectations. The company sold 39.3 million iPhones and pulled in $42.1 billion in revenue during the three month period, and iPad sales fell short at just 12.3 million.

We’re just finishing up the conference call, where Tim Cook, CFO Luca Maestri and other members of the executive team have discussed Apple’s performance, and offered some insight into its future. As usual, we’ve rounded up the to 15 most interesting points for you below. Read More

 

Apple Q4 2014 earnings: 39.3M iPhones, 12.3M iPads, $42.1B revenue

By Cody Lee on Oct 20, 2014

Apple has posted its [fiscal] fourth quarter earnings report this afternoon, announcing that it has sold 39.3 million iPhones and 12.3 million iPads. The numbers are just about as expected, with iPhones coming in a little higher than anticipated, and iPads coming in quite a bit lower.

It’s been a significant quarter for Apple in terms of announcements, as it unveiled two new iPhones, Apple Pay and Apple Watch. It’s worth noting, however, that neither Apple Pay nor Watch were available in September, and the new iPhones were only on sale for the last 10 days. Read More

 

Apple to announce fourth quarter earnings on October 20

By Cody Lee on Sep 30, 2014

Apple on Tuesday updated its Investor Relations webpage to confirm that it will be announcing its financial earnings for its fourth fiscal quarter (or third calendar quarter) of 2014 this month. The earnings statement will be released at 1:30 PM PST on October 20, with a conference call scheduled for 2 PM.

This earnings report will cover the three month period from July through September, giving us our first real glimpse at how Apple’s new handsets are selling. The iPhone 6 and 6 Plus were unveiled at a media event this month, and launched in several countries on September 19 with record-breaking figures. Read More

 

iTunes software and services fastest growing part of Apple’s business this year

By Cody Lee on Jul 22, 2014

During Apple’s Q3 earnings call this afternoon, Tim Cook praised the success of its iTunes software and services arm. The CEO said the division was the fastest-growing of the company’s business in the first 9 months of its fiscal year 2014.

The segment generated $4.5 billion in revenue during the 3-month period, an increase of 12% YoY (or year over year). And Cook attributed the growth to a number of factors, including growing interest in China and strong App Store numbers… Read More

 

Apple has acquired 5 companies since April, 29 in past nine months

By Cody Lee on Jul 22, 2014

One of the more interesting tidbits from today’s earnings call was a revelation about Apple’s recent acquisitions. Tim Cook said the company has purchased 5 companies since the end of the March quarter, and a total of 29 companies during the past 9 months.

Apparently these numbers do not include the Beats Electronics deal—Apple’s largest acquisition to date—because it has not completely finalized yet, and isn’t expected to until later this quarter. So who are the other companies? These are the ones we know about… Read More

 

$165 billion cash pile and other interesting bits from today’s earnings call

By Cody Lee on Jul 22, 2014

Apple announced its financial results for Q3 2014 this afternoon, and for the most part it met the Street’s expectations. The company sold 35.2 million iPhones and pulled in $37.4 billion in revenue during the three month period, and iPad sales fell short at just 13.2 million.

We’re just finishing up the conference call, where Tim Cook, CFO Luca Maestri and other members of the executive team have discussed Apple’s performance, and offered some insight into its future. As usual, we’ve rounded up the to 15 most interesting points for you below… Read More

 

Apple Q3 2014 earnings: 35.2M iPhones, 13.2M iPads, $37.4B revenue

By Cody Lee on Jul 22, 2014

As expected, Apple is out with its financial report for Q3 2014 this afternoon. In a press release issued just a few moments ago, the company announced that it sold 35.2 million iPhones, 13.2 million iPads, and pulled in $37.4 billion in revenue during the three month period.

Apple beat its own guidance, and met projections on just about everything but iPad numbers. It would seem that the problems continue with the popular tablet line, as sales came in more than 1 million units less than expected. We have a full breakdown of the numbers below…
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Apple announces 20 million Apple TVs sold to date

By Cody Lee on Apr 23, 2014

During Apple’s earnings call earlier this afternoon, CEO Tim Cook announced that the company crossed the 20 million sold mark for the Apple TV during the last quarter. The mention is noteworthy as Apple doesn’t typically breakout numbers for the set-top box (though it has on occasion).

The move falls in line with Cook’s previous sentiments regarding the Apple TV—at a shareholders meeting in February Cook said ‘it’s a little more difficult to call the Apple TV a hobby these days,’ and comes amid rumors that the company is preparing to launch a new version of the device… Read More

 
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