Apple Inc. (AAPL) recently updated its ‘investor relations’ webpage to announce that the company will conduct a conference to discuss Q3 FY12 Earnings on July 24. The live conference call will be held at 2 PM Pacific / 5 PM Eastern time. The call will later be available for streaming via QuickTime through Apple’s website.
AAPL has been reporting record quarters each year with sales of iPhone on the rise and outstanding sales figures of its tablet computer. During last quarter Apple Inc. reported revenue of $39.2 billion and quarterly net profit of $11.6 billion. The company sold 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods in the quarter representing 88% growth for iPhone sales and 151 percent increase for the iPad.
Apple’s CFO, Peter Oppenheimer, during the end of the conference call added, “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”
The third quarter revenue hasn’t seen introduction of any new hardware while on the other hand iPhone sales are expected to slow down as users anticipate the launch of next gen iPhone 5. However, the new iPad 3 has been added to a number of new countries and the Cupertino based company is expected to report impressive sales figures for its tablet computer.
Moving forward Apple is expected to see higher growth in its Mac hardware products as with the introduction of MacBook Pro with Retina Display the company has shown its commitment to remain aggressive in the notebook business. The availability of MacBook Pro with retina display on Apple’s online store moved up to 3-4 weeks shipping time shortly after its release suggesting fast adoption rate among users. Although, Apple hasn’t released any public sales figures for the next gen MacBook Pro.
Apple’s upcoming software releases for OS X and iOS are also worth mentioning as the OS of both the platforms continue to merge. Mountain Lion for OS X will be made available to users later this month exclusively from Mac App Store and iOS 6 is expected to be made available later this fall.
]]> https://touchreviews.net/apple-inc-aapl-announce-q3-fy12-earnings-july-24/feed/ 3Apple sold 3.47 Million Macs in the quarter. Which is a growth in sales of 33% over the previous year. The Mac is certainly not dead!
They also sold 8.4 Million iPhones, which is an astounding 60% growth over the same quarter in the previous year. Remember this does not include the bulk of iPhone 4 sales yet to come this quarter.
iPods sold were 9.41 Million, and total iPads an impressive 3.27 Million.
Steve Jobs issued this statement…
It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.
Peter Oppenheimer had this to say about the future…
“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44”
Did Apple impress you? Or do you think they can do better? Have you say in the comments…
[Apple] ]]> https://touchreviews.net/apple-q3-earnings-report-2010/feed/ 0Adjusting the figures from last year Apple generated about $2.00 per share, on revenues of around $10 Billion. This year the prediction is for $3.00 per share and revenues of $15 Billion.
This new accounting practice may be one reason that the markets have seen AAPL slide back to almost $240 per share today. Another may still be uncertainty over the iPhone 4 reception issue.
For those who want to listen in there is a live webcast of the event.
WEBCAST: Apple will provide live audio streaming of its FY 10 Third Quarter Results Conference Call using Apple’s industry-leading QuickTime® multimedia software. The live webcast will begin at 2:00 p.m. PDT on July 20, 2010 at www.apple.com/quicktime/qtv/earningsq310/ and will also be available for replay for approximately two weeks thereafter. Viewers simply need a copy of QuickTime, available for download from www.apple.com/quicktime, to listen to the conference call.
Are you expecting Apple to beat analysts expectations or fall short? Make your guess in the comments…
[Apple] ]]> https://touchreviews.net/apple-2010-quarter-earnings-conference-call-tomorrow/feed/ 3