15 interesting points from Apple’s Q1 2017 earnings call

By Cody Lee on Jan 31, 2017

Apple announced the financial results for its fiscal first quarter of 2017 this afternoon, and the numbers for the holiday period are pretty good. The company beat Wall Street estimates by putting up a record 78.3 million iPhone sales and more than $78 billion in revenue.

Following the release of its earnings, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about their company’s performance over the last 3 months, and offer up some insights into its future. Here are some of the most interesting points from the call. Read More

 

Apple’s record Q1 2017 earnings: 78.3M iPhones, 13.1M iPads, $78.4B revenue

By Cody Lee on Jan 31, 2017

Apple on Tuesday reported its [fiscal] Q1 2017 earnings,  offering a look at its performance over the all-important 3-month holiday quarter. To the surprise of many analysts, the company beat Wall Street’s expectations by posting a record 78.3 million iPhone sales and $78.4 billion in revenue. Read More

 

Despite Note 7 fiasco & bribery scandal, Samsung just had the most profitable quarter in 3 years

By Christian Zibreg on Jan 24, 2017

Despite seeing its brand tarnished and anywhere between $2 billion and $5 billion wiped off its operating profit in the aftermath of Note 7 fiasco, Samsung of South Korea has managed to boost its fourth quarter earnings on the back of its semiconductor division and strong sales of the Galaxy S7 and Galaxy S7 Edge flagship devices.

Operating profits rose to $7.2 billion over the last three months of 2016 on sales of about $45.8 billion. Samsung’s mobile division captured $2.1 billion in operating income, a four percent year-over-year profit increase.

Samsung Mobile expects sales of its low-cost phones in the Galaxy A and J series to grow in the coming months. All in all, this was Samsung’s most profitable quarter in three years as the company has clearly bounced back from the global Note 7 recall. Read More

 

Apple will announce its Q1 2017 earnings on January 31

By Cody Lee on Jan 4, 2017

Apple is planning to announce its earnings results for Q1 of [fiscal] 2017 on January 31. The company on Wednesday updated its investor website to show that it will be hosting a conference call to discuss the quarter that Tuesday at 2:00pm PT.

Apple’s first quarter is of course its holiday quarter, which covers the popular 3-month holiday shopping period between October and December. And as usual, all eyes will be on the company to see if it was able to solve its recent growth problems. Read More

 

Why Apple shouldn’t pass on the rumored Jet White iPhone 7

By Steffen Reich on Dec 30, 2016

On Tuesday, Apple afficionados were treated to a new wave of white shell iPhone 7 mock-ups and purported leaks hitting the internet, advancing the notion that the Cupertino-based company could plan to release a white counterpart to their Jet Black coating some time around March 2017.

From an aesthetic standpoint, everyone is going to have their two cents on the necessity of it in the grand scheme of things. Simply by moving the discussion from the fashion sphere to the finance department though, the ambivalence in regard to whether or not this iPhone release is genuinely necessary quickly crumbles and clearly comes down on one side of the fence.

As we will learn in late January, Apple’s first quarter of the fiscal year 2017 is going to look after itself nicely, but in view of the Q2 figures and a long summer following, Jet White definitely needs to happen. Two key reasons must be paid attention to in order to understand the imperative of a Jet White iPhone for a healthier bottom line in the fiscal year of 2017. Read More

 

Foxconn revenue rises on brisk iPhone 7 sales, but earnings fall due to losses at Sharp

By Christian Zibreg on Nov 11, 2016

Foxconn Technology Group, the world’s top contract manufacturer and the biggest assembler of Apple products, reported rising revenues for the September quarter and a decline in net profit. Revenue for the July-September quarter climbed from NT$1.066 trillion ($33.43 billion) a year earlier to NT$1.075 trillion ($33.7 billion) thanks to brisk sales of the iPhone 7 and iPhone 7 Plus.

However, losses produced by Foxconn-owned electronics maker Sharp caused net profit to fall to NY$34.6 billion ($1.09 billion) from NY$37.9 billion ($1.19 billion) a year earlier. Read More

 

Apple now has $237.6 billion and other highlights from the Q4 earnings call

By Cody Lee on Oct 25, 2016

Apple announced the financial results for its fiscal fourth quarter of 2016 this afternoon, and although they met Wall Street estimates, the numbers are still pretty rough. iPhone sales are down 3 million units, and revenue is down $4.5 billion from the year-ago quarter.

Following the release of its earnings, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about their company’s performance over the last 3 months, and offer up some insights into its future. Here are some of the most interesting points from the call. Read More

 

Apple’s Q4 2016 earnings: 45.5M iPhones and 9.3M iPads sold, revenue down to $46.9B

By Cody Lee on Oct 25, 2016

Apple on Tuesday posted its [fiscal] fourth quarter earnings for 2016, offering a look at its performance over the past 3 months. The Cupertino company came close to most of Wall Street’s expectations, selling 45.5 million iPhones, 9.3 million iPads and earning $46.9 billion in revenue. The numbers are still down year-over-year, however, as the struggle to find new growth continues. Read More

 

T-Mobile sees improved customer retention on strength of iPhone 7 release

By Christian Zibreg on Oct 24, 2016

Wireless carrier T-Mobile on Monday announced earnings for the September quarter. Total revenues for the quarter were $9.2 billion, an eighteen percent year-over-year increase. T-Mobile said it was able to increase revenue thanks to new T-Mobile One plans and add-ons, the launch of the iPhone 7 and iPhone 7 Plus in September and an influx of prepaid customers who migrated to postpaid plans.

Services revenue during the quarter came in at $7.1 billion, a thirteen percent year-over-year increase. The carrier has added two million new customers during the quarter. Read More

 

Apple’s rescheduled earnings call could hint at unveiling of new Macs around October 27

By Christian Zibreg on Oct 5, 2016

Apple originally told investors it would be publicizing its quarterly earnings report on Thursday, October 27.

Curiously, a notice posted on the Apple Investor Relations website earlier this week has moved up the upcoming earnings call with Wall Street investors by two days to Tuesday, October 25, over what Apple describes as a simple “scheduling conflict”.

Longtime Apple reporter Philip Elmer-DeWitt speculates that the move might mean that Apple could be planning to hold a launch event for new Macs on October 27. Read More

 
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