Earnings Call

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

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...

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

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…

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

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...

Apple announces 20 million Apple TVs sold to date

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...

15 interesting points from today’s earnings call

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…

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

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...

Apple reports earnings Wednesday: Here’s what analysts expect

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: 

Apple to announce second quarter earnings on April 23

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...

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

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...

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

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...

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

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...

15 interesting points from today’s earnings call

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…