Apple said on the Investor webpage that it has scheduled an earnings call to discuss fiscal 2016 fourth quarter earnings a month from today on Thursday, October 27, 2016 at 2:00pm PT / 5:00pm ET. The company's fourth fiscal quarter corresponds to the third calendar quarter. A press release will go out 30 minutes in advance of the earnings call.
Samsung this morning announced results for the second calendar quarter ended June 30, and the numbers are encouraging despite global smartphone sales cooling down. The South Korean conglomerate's mobile division reported “substantial earnings improvement” buoyed by strong sales of its flagship Galaxy S7 and Galaxy S7 edge flagship smartphones.
The data is newsworthy given strong competition Samsung has been facing on the low-end from Chinese rivals like Xiaomi and Huawei and on the high-end from Apple's iPhone. This is the best earning result Samsung has posted in two years, by the way.
Apple announced the financial results for its fiscal third quarter of 2016 this afternoon, and although they beat Wall Street estimates, the numbers are pretty rough. iPhone sales are down 7 million units, and revenue is down $7 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 Apple’s performance over the last few months, and offer up some insights into its future. Here are your 15 most interesting points from that call.
Apple on Tuesday released its earnings report for the third [fiscal] quarter of 2016. The Cupertino company exceeded expectations, selling 40.4 million iPhones, 10 million iPads and earning $42.4 billion in revenue. The numbers are still down year-over-year, however, with 47.5 million iPhones and nearly $50 billion in revenue in Q3 2015.
Apple will talk sales, revenue, profitability, the cost of doing business and other financial metrics pertaining to its third fiscal quarter, which translates into the second calendar quarter of this year, on July 26, according to an announcement posted on the Apple Investor webpage.
A conference call in which the company will discuss the latest quarterly results with investors and Wall Street analysts is scheduled for Tuesday, July 26, 2016 at 2pm Pacific / 5pm Eastern.
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.
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.
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.
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.
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.
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.
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.