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

 

Samsung expects 10 percent profit growth on better-than-expected Galaxy S7 sales

By Christian Zibreg on Apr 7, 2016

According to preliminary results posted Thursday, there’s a light at the end of a long tunnel for Samsung Electronics and that light is the new Galaxy S7 flagship smartphone. After more than two straight years of decline in its mobile division, the South Korean firm is now projecting more than ten percent profit growth for the first quarter of 2016, beating market estimates.

The Galaxy S7 and Galaxy S7 edge were announced back in February ahead of their March 11 debut. Both phones, which have managed to address some of user complaints like memory expandability, were met with mostly positive reviews. Thus far, the new devices have moved three times as many units in their first month compared to their predecessor,  the Galaxy S6/edge series, according to Bloomberg. Read More

 

Apple to hold Q2 2016 earnings call on April 25

By Christian Zibreg on Mar 29, 2016

Apple has scheduled an earnings call to discuss its second fiscal quarter results for Monday, April 25, 2016 at 2:00pm Pacific Time, 5pm Eastern Time, according to a note on the Apple Investor website. The conference call will discuss Apple’s financial performance during a three-month period ending this month following its lucrative holiday quarter.

The quarterly earnings statement will be released thirty minutes in advance of the conference call. The company provided revenue guidance of $50 to $53 billion for the quarter and gross margin between 39 and 39.5 percent, prompting concern among investors as these numbers represent Apple’s first revenue decrease in thirteen years. 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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Samsung’s woes continue with yet another disappointing quarterly earnings

By Christian Zibreg on Jul 30, 2015

Surging iPhone demand on the high-end and plummeting sales of its feature phones that are getting squeezed out of the market by Chinese upstarts like Xiaomi are largely blamed for yet another disappointing quarterly earnings that Samsung posted Thursday.

The South Korean conglomerate reported an eight percent annual decline as profits decreased to 5.75 trillion Korean won, or approximately $4.9 billion, from 6.3 trillion won a year earlier. Analysts predicted 5.6 trillion won of net income. The results mark a fifth straight drop in quarterly earnings for the consumer electronics giant.

The bad news gets worse as Samsung’s mobile division, its bread and butter, reported a huge 37.6 percent drop in mobile operating income which fell from 4.42 trillion won in 2014 to 2.76 trillion won during the April-June period. Read More

 

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

 

Apple’s Q3 2015 earnings: 47.5M iPhones, 10.9M iPads, $49.6B revenue

By Cody Lee on Jul 21, 2015

Apple has posted its third quarter earnings report for 2015 this afternoon, and says it has broken its own record for the three-month period. The company earned a net profit of $10.7 billion on $49.6 billion in revenue.

That money comes from strong international hardware sales, which accounted for 64% of all revenue. Overall, Apple moved 47.5 million iPhones and 10.9 million iPads during its third quarter, as well as 4.8 million Macs. Read More

 

Samsung bracing itself for another profit drop after miscalculated Galaxy S6/Edge demand

By Christian Zibreg on Jul 7, 2015

Samsung just can’t catch a break.

Although Korean investors thought the flagship Galaxy S6 and Galaxy S6 Edge smartphones would turn Samsung’s fortunes around, the financial freefall continued when the South Korean conglomerate said Tuesday it expected to report a decline in revenue and profits when its second-quarter results go public later this month.

As the Wall Street Journal noted today, the unfortunate development marks Samsung’s seventh straight quarterly profit decline. A source attributed worse than expected results to seemingly lackluster sales of Samsung’s latest flagship handsets and a gross miscalculation in demand for the Galaxy S6 versus the Galaxy S6 Edge. Read More

 

Apple to reveal June quarter earnings on July 21

By Christian Zibreg on Jun 30, 2015

Apple is going to release earnings for its third fiscal 2015 quarter on Tuesday, July 21, according to an update published last evening on the company’s Investor Relations webpage. A conference call to discuss third fiscal quarter earnings with Wall Street investors will be taking place on Tuesday, July 21, 2015 at 2pm Pacific / 5pm Eastern Time.
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Samsung’s Q1 profits drop 39%, but company sees redemption in Galaxy S6 line

By Sébastien Page on Apr 29, 2015

Samsung reported its financial results for Q1 yesterday, and the numbers aren’t great. The company reported net profits of 4.63 trillion won (about $4.35 billion), representing a 39% drop from the year ago quarter. 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’s Q2 2015 earnings: 61.2M iPhones, 12.62M iPads, $58.01B revenue

By Cody Lee on Apr 27, 2015

Apple has posted its [fiscal] second quarter earnings report for 2015 this afternoon, and they are impressive. The Cupertino company beat Wall Street estimates, recording $58.01 billion in revenue on the back of strong iPhone sales.

More than 61 million iPhones were purchased during the usually-slow, post-holiday second quarter. That’s over 4 million above analyst estimates, and it looks like the handset did particularly well in China—up 72% year-over-year. 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

 

15 interesting points from Apple’s Q1 2015 earnings call

By Cody Lee on Jan 27, 2015

Apple announced its financial results for its fiscal first quarter of 2015 this afternoon, and the numbers are staggering. The company sold 75.4 million iPhones and earned $74.6 billion in revenue, smashing both Wall Street expectations and its own records.

We’re just finishing up the conference call, where Tim Cook and other members of the executive team discussed Apple’s performance, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points for you below. 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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