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Posts tagged earnings
Apple Hits 45B App Downloads Milestone
Apr 24th
Apple may be in the slumps according to the stock market but Apple just updated investors earlier today of one of the company’s recent victories. According to Apple, they have surpassed 45 billion unique App downloads as of today. Apple reported reaching 40B App downloads as of January, which means there have been more than 5B downloads in less than five months. It is estimated that Apple is getting a download rate of 800 App downloads per second. Apple also said in the earnings call that as of present they have paid out approximately $9 billion to App developers. According to Apple, they are currently paying as much as $1 billion to App Developers every quarter. Read More
Apple’s Much Awaited Q2 2013 – $43.6B Revenue, $9.5B Profit, First YOY Decline Since 2003
Apr 23rd
With Apple’s stock price constantly declining, much eyes were focused on Apple’s Q2 2013 earnings call today. The Cupertino based giant just released its fiscal Q2 2013 earnings. Apple made $43.6B in revenue (was $39.2 last year), $9.5B in profit which brings to $10.09 per share. Read More
Tim Cook: “We Acknowledge That Our Growth Rate Has Slowed”
Apr 23rd
During Apple’s latest earnings call today, Tim Cook said “We acknowledge that our growth rate has slowed.” Apple’s stock has been on the decline constantly and with no new product being launched for so long, it is likely that the stock price will continue to dip. Tim Cook mentioned that Apple has always been successful because of its innovative products. Read More
2M Apple TVs Sold During Holiday Quarter, Up 60% From Last Year
Jan 23rd
Apple during its earnings call today announced that it has sold 2 million Apple TVs during the holiday quarter which is 60% more compared to last year during the same period. Apple’s hobby is definitely on the verge of becoming a fully matured business now. Over the years, Apple has sold 10 million Apple TV device units making it a hugely popular player in the TV industry. Read More
Apple’s Q1 2013 Results Out Now – $54.5B Revenue, $13.1B Profit
Jan 23rd
Apple today announced Q1 2013 results during an earnings call and the results are stunning. Although every industry pundit along with the Wall Street estimated crazy figures, what Apple has reported today is good, but not great. An astonishing $54.5 billion in revenue and quarterly profits of $13.1 billion and earnings of $13.81 per share. Read More
Apple Q4 Financial Results Call Scheduled For October 25
Oct 1st
Apple today announced that the Q4 financial results call has been scheduled for October 25th, 2012 at 2PM PT / 5PM ET. Apple should also be announcing during the call that the company has already sold 5 million units of iPhone 5 within the first three days of launch. The iPhone went on sale in 22 more countries recently and will soon be available in 100 more during the coming months. Read More
Apple’s Latest Earning Impressive, But Wall Street Predicted Higher
Oct 19th
Apple Inc. today announced its financial results for its fourth quarter of 2011. Although the 54 percent increase in profits, the earnings result disappointed investors, and does not meet Wall Street expectations. Read More
