Stocks

Interesting points from Apple’s Q2 earnings call

Cody Lee ∙ Updated May 7, 2018

Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.

Following the release of its earnings report, CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about Apple's performance. And as usual, we've put together a roundup of some of the more interesting points and highlights from the call.

Apple’s Q2 2018: 52.2M iPhones, 9.1M iPads, $61.1B revenue

Cody Lee ∙ May 1, 2018

Apple this afternoon disclosed its [fiscal] Q2 2018 earnings report, offering a look at its performance over the last 3 months. The company beat Wall Street expectations in just about every category, selling 52.2 million iPhones and earning $61.1 billion in revenue. Here's a full breakdown of the numbers.

iOS 12 code-named “Peace” reportedly includes a redesigned Stocks app

Christian Zibreg ∙ February 12, 2018

iOS 12 should bring some notable interface improvements to the overall user experience, and the upcoming changes reportedly include a thoroughly overhauled Stocks app.

Apple’s Q4 2017: 46.7M iPhones, 10.3M iPads, $52.6B revenue

Cody Lee ∙ November 2, 2017

Apple on Thursday reported its [fiscal] Q4 2017 earnings, offering a look at its performance over the last 3 months. The company absolutely crushed expectations, selling 46.7 million iPhones, up a little over a million units from the same quarter a year ago, and made $52.6 billion in revenue, up over $5 billion year-over-year. Here's a full breakdown of the numbers.

Robinhood simplifies investing and brings it to the masses

Samuel Rentz ∙ October 3, 2017

Stock exchanges have been a core component of the world economy for a long time now, but they are not exactly easily approachable for novices. Robinhood’s goal is to make investment easy even for those who are not experienced Wall Street aficionados.

Tim Cook: you will see Apple do more in the pro space

Cody Lee ∙ February 28, 2017

Apple on Tuesday held its annual shareholder meeting at its Cupertino headquarters. The gathering is standard affair—company executives and board members meet with stockholders to discuss a wide range of topics, including performance and proposals.

The most interesting part of today's meeting, however, was Tim Cook's informal Q&A session. The casual section allows attending shareholders to offer up their questions and comments to the CEO and other members of the company's senior leadership team.

Apple stock hits 14-month high, its highest price since 2015

Christian Zibreg ∙ January 18, 2017

We didn't want to let this milestone pass by without acknowledging it: shares of Apple have hit the $119.95 mark in intraday trading, the highest stock price for the Cupertino firm since late 2015 and good for a cool $639.7 billion market cap. $AAPL hit a 52-week low of $89.47 in May 2016.

Apple will announce its Q1 2017 earnings on January 31

Cody Lee ∙ January 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.

Apple’s Q3 2016 earnings: 40.4M iPhones, 10M iPads, $42.4B revenue

Cody Lee ∙ Updated May 11, 2018

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.

Tim Cook tells CNBC Apple has ‘great innovation in the pipeline’

Cody Lee ∙ Updated May 17, 2018

Tim Cook on Monday appeared on CNBC's 'Mad Money' to talk with host Jim Cramer about Apple's recent earnings report. The iPhone maker announced weaker-than-expected Q2 sales last week, and its stock has since dropped more than 10 points.

While the interview is transparently a PR move to let Wall Street know that Apple is still on the right path, Cook did offer up some interesting comments about the future of his company. Naturally, we've highlighted some of our favorites for you below.

15 interesting points from Apple’s Q4 2015 earnings call

Cody Lee ∙ Updated April 19, 2018

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.

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

Cody Lee ∙ Updated April 19, 2018

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.