Here are 5 interesting facts to note from Apple’s earnings call.

1. Apple beat every company in the world with the highest quarterly net profit.

Apple’s Q1 2015 net profit was more than any other company in the world. In the top 20 list of highest quarterly net profit Apple is the only consumer electronics company to be featured on the list, others are Oil & Gas companies. Apple is featured 5 times on the same list.

2. Apple made a net profit of $8.3 million every hour this quarter.

When you were happy that you got a good 7 hour sleep on a certain day, Apple earned about $58.1 million in the same amount of time. That’s not bad for a company whose entire product lineup could fit on top of your dinning table.

3. The billionth iOS device Apple sold was a Space Gray 64GB iPhone 6 Plus.

During its earnings call Apple’s CEO Tim Cook announced that on November 22nd the company shipped their 1 billionth iOS device. Apple has saved the billionth iOS device at the Apple HQ in Cupertino.

4. Apple Pay makes up more than $2 out of $3 spent on purchase using contactless payment in the U.S.

Within three months after launch of Apple Pay, the service now supports about 750 banks and credit unions. According to Apple WholeFoods saw a 400% increase in mobile payment since the introduction of Apple Pay.

5. iPad sales slumped this quarter.

While all major product categories grew in revenue and units sold, Apple’s iPad sales figures were lower than expected. In Q1 2015 Apple sold 21.4 million devices compared to 26 in the year ago quarter. Apple introduced the all-new iPad Air 2 and iPad mini however, this did not help Apple is posting record sales for the tablet.

Apple Inc. (AAPL) will announce its Q4 FY13 earnings on October 28 during a conference call at 2:00 p.m. PT. AAPL CEO Tim Cook and CFO Peter Oppenheimer will discuss the results during the live earnings call.

The company set an all new record this year with the iPhone sales. Apple Inc. sold 9 million devices (iPhone 5s and iPhone 5c) during the launch weekend. Even though Apple did not release individual sales figures many reports published online have suggested that iPhone 5s sales were greater than the iPhone 5c.

Apple witnessed high demand for the iPhone 5s and because of the low yield rates of the fingerprint sensor the shipping date for many customers was pushed to October. The company is still struggling to meet the demand as the online store still mentions shipping in October as opposed to within 24 hours for the iPhone 5c.

iOS 7 has been a huge success for Apple has more than 200 million devices were upgraded to the latest operating system during the first week. Even iTunes Radio saw massive adoption with over 11 million unique listeners. The launch of the new streaming music service could have resulted in boost for the iTunes Match service as with the subscription iTunes Radio goes ad free.

Apple will be questioned about the rumored Apple television set and iWatch and the company as usual is unlikely to provide any update related to future products.

The shares of AAPL have improved in the recent past however it hasn’t recovered to the all time high of $700. At the time of writing the shares are trading at $490.97 and the company’s market capital is valued at $445.8 billion.

With Apple Inc. (NASDAQ:AAPL) under intense criticism over the past several months, it is not surprising that the company’s CEO, Tim Cook would come out and regret some of the steps they took in the past. Apple Inc. (NASDAQ:AAPL) has been seeing its stock in a tailspin, analysts worrying about gross margins, and many claiming that the company is lacking in innovation.

On Tuesday, during Apple Inc. (NASDAQ:AAPL)’s Q2 2013 earnings call, Cook admitted that Apple should have waited until 2013 to release the new redesigned iMac. The new iMac uses a new screen lamination process that caused many problems when it was introduced in late 2012, and the radically thin design appeared to be slightly bold for something was to be released within weeks of its announcement.

The new iMac was released into a mass of customers that hadn’t seen any new products in months, and as a result, expectations were high. Unfortunately, the Apple Inc. (NASDAQ:AAPL) delayed the iMac, which resulted in a decline in sales for the holiday quarter. Mac sales slipped to 4.1 million, mainly because of the failure of iMac’s launch. Cook admitted during the earnings call that this was a mistake and commented on the situation:

We felt our customers had to wait too long. In retrospect, yes, I sort of wish we had done it after the turn of the year. Customers wouldn’t have had to have waited as long as they did.

Tim Cook’s apology is a sign of the type of leadership that the company is now under, with Apple Inc. (NASDAQ:AAPL)’s former CEO, Steve Jobs rarely offering up an apology for any mistakes made. Jobs simply found a way to prove the company right or make amends through actions. Cook has already apologized for the failed Maps app in iOS, as well as for its subpar handling of warranty issues in China.

{Via AppleInsider}

With the second fiscal quarter of 2013 (first calendar quarter) at an end, Apple Inc. (AAPL) is once again set to report its quarterly earnings. AAPL will announce the Q2 2013 earnings results on April 23, exactly 3 months after they announced the Q1 earnings of 2013. The company notified the public of this earnings call by posting the date on its investor relations page.

Normally, Apple’s earnings calls start around 4:30 PM Eastern Time at around 5:00 PM Eastern / 2:00 PM Pacific because stock trading, which happens on the East Coast stops for the day around 4:20 PM. Apple proposed that this quarter, the company will record revenue between $41 and $43 billion and gross margin between 37.5% and 38.5%. Majority of the revenue will come from the sale of the iPad mini and the iPhone 5.

Three months ago, the company reported one of its most successful quarters, increasing its revenue and profit each year. However, in recent weeks and months, the company has experienced a major drop in stock price after reports began suggesting that Apple was no longer and innovative company and that it had nothing new to move towards now that Steve Jobs was gone.

It will be interesting to see how Apple’s CEO Tim Cook will handle the earnings call, especially since many of the negative reports on the company’s innovation emerged very recently.

{Via MacRumors}

Last week Apple Inc. (AAPL) announced that it would be offering a new iPad model with more storage. Today AAPL began offering the 128GB iPad on its online store with shipping estimate as 1-3 business days.

The higher capacity iPad is available in WiFi and WiFi + cellular models. The cellular models will be available with AT&T, Sprint and Verizon. 128GB WiFi costs $799 and WiFi+Cellular costs $929. Both versions carry $100 premium which is consistent with Apple’s existing pricing strategy for the iPad.

Apple announced the 128GB iPad on January 29, 2013 via a press release and highlighted the importance of offering twice the storage of the 64GB version. With more and more apps being available for the iPad, more flash storage would allow users to work with larger files and photos.

At a price of $929 for the WiFi + Cellular model the pricing is just $70 less than the entry level MacBook Air. With apps AutoCAD, iWork, iLife and many more available on the App Store users can create more content on their tablet. The new model would also help Apple push the profit margins.

Apple has been struggling with supply constraints, which affected both the new iMac and the iPad mini. During the earnings call Tim Cook noted that Apple could have pushed more iMac sales if the supply constraints would have not affected the launch. It will be interesting to see if Apple will be able to manage the supply for its new launches and push for higher sales figures.

Earlier this week, Apple Inc. (AAPL) announced its financial results for the fourth quarter of 2012 and the first fiscal quarter of 2013, marking the best quarterly results ever in the company’s history. Last year, during this quarter, AAPL posted revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share.

For this quarter, the company shattered the previous revenue cap, posting a revenue of $54.5 billion and net quarterly profit of $13.1 billion, which comes out to about $13.81 per diluted share. Although analysts predicted higher figures, the Cupertino, California based company is reporting one of its most successful quarters. Apple also reported a gross margin of 38.6 percent, a decrease from last year’s 44.7 percent. The company has been experiencing a very strange shift since the start of the 2013 year.

Strangely, Apple’s stock has been in a nosedive lately, shifting back and forth and finally closing below 500 the day after the reporting of the financial results. Amid all of the uncertainty, the company is starting to gain a massive international presence with international sales accounting for 61 percent of total revenue. The company is also offering its shareholder a dividend of $2.65 per share, which will be paid by February 14 after trading ceases on February 11.

Apple has sold over 47.8 million iPhone units, an increase from the 37 million units sold a year ago. The company also sold 22.9 million iPads, up from 15.4 million from last year. Alongside these main products driving Apple’s growth the past few quarters, Apple also sold 4.1 million Macintosh computers, a decline from 5.2 million as well as 12.7 million iPods. Last year, Apple sold 15.4 million iPods, which has been experiencing a decrease in sales since several quarters.

With all of its profits and revenues calculated, Apple currently holds $137.1 billion in cash for miscellaneous acquisitions and other ventures. Despite all of the success this quarter, Apple is still seeing a decline in stocks with a 5% decline on the day of its earnings call and with a per share price of about $450 two days after. The stock currently shows no signs of rebounding as it has been in a dive for the past several days and as shareholders continue to show concerns for the company’s future.

{Via MacRumors}

Early last week, reports of Apple Inc. (AAPL) opening a third store in Beijing were published, with photos from chinese site MicGadget showing the entrance of the new store under construction. On Sunday, Apple confirmed that they are going to open the third store in Beijing, located on the iconic Wangfujing Street. The Cupertino, Calif., company confirmed that the store is scheduled to open at 10am this Saturday, as with all other Apple grand openings.

China is a major market for AAPL, as the company has experienced massive growth in numerous Asian nations including China. Apple CEO Tim Cook reiterated numerous times in past earnings calls that China is very important to Apple’s growth worldwide. According to 9to5Mac, Apple is also planning to open a massive data center in Hong Kong during the first quarter of 2013, allowing the company to expand and integrate more into the country and support its international users.

By opening the new store, Apple is looking at growth in sales, as the company receives a large part of its revenue from China, Japan and other Asian nations. During the grand opening, Apple typically gives out free commemorative t-shirts to the first 10,000 visitors and has even given out goody bags in its retail stores in China, consisting of gift cards, iPod Shuffles, and even iPads.

{Via 9to5Mac — Image Credit: MicGadget}

Apple Inc. (AAPL) recently updated their investor relations page to mention that they are going to announce their Q4 quarter earnings. This is the third calendar quarter of the year and is scheduled for Thursday, October 25th. AAPL will live stream an audio webcast 5:00 PM Eastern / 2:00 PM Pacific which is generally the time that the Cupertino company scheduled other earnings calls in the past. The company will release details about sales of the iPhone 5.

Apple is expected to post a revenue of $34 billion and earnings per diluted share of $7.65. According to MacRumors, Apple is looking at $150 billion in sales, roughly $40 billion higher than 2011. This shows Apple’s exceptional growth over the past several years, topping iPad and iPhone sales each year and experiencing massive increases in revenue each quarter. Apple is expected to have also sold 27 million iPhones, fueled by the surge in sales from the iPhone 5. This quarter is slated for more success with revenues for Q3 of 2012 amounting to a total of $35 billion, with only $8.8 billion in quarterly net profit.

This is roughly $9.32 earnings per diluted share for Q3 of 2012. With the iPhone 5, the all new fifth gen iPod touch 5G with an all new metal design, and iPod nano with a larger screen and home button, Apple is also expected to have a breakthrough holiday quarter. The holiday quarter will most likely top 2011, because the iPod touch and nano did not receive updates last year and pent up demand from users waiting for product refreshes will naturally boost sales.

{Via MacRumors}

Apple Inc. (AAPL) on Tuesday reported their Q2 2012 earnings results. As always, AAPL is showing record numbers from revenue to profit and is seeing great increase in the sales of their mobile devices. The company reported quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion. That’s roughly $6.40 per diluted share, which is up almost 94% from the previous year.

Apple sold a whopping 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods in the quarter. This represents an 88 percent growth for iPhone sales a massive 151 percent increase for the iPad, a 7 percent increase for Macs, and unsurprisingly, a 15 percent decline in iPod sales. iPod sales have been steadily declining for the last two years, and decreased by about 21% just last quarter.

Even with this decline, Apple is surpassing its expectations from last quarter, where revenue for the second quarter of fiscal 2012 was projected to be $32.5 billion, with an earnings per diluted share of $8.50. Apple CEO Tim Cook spoke about the earnings, noting that he is pleased with the profit margins and sales:

We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.

Apple has not been resting on their laurels with meeting their expectations and has continued to go above and beyond their financial projections. Following Apple’s earnings calling, CFO, Peter Oppenheimer even went as far as to say that he expects revenue of about $34 billion and diluted earnings per share of about $8.68.

{via Apple}

Many tablets have been introduced in the market from companies looking to create the “iPad killer”. Top contenders include the Motorola Xoom and Kindle Fire, which failed to follow through with the original hype that it created upon release.

On Tuesday, following Apple’s announcement of their 4th quarter earnings for 2011, an analyst during the earnings call, asked Apple CEO Tim Cook if the iPad was impacted by lower priced tablets. Cook, as a reply, noted that Apple sold a record 15.4 million iPads and that Apple doesn’t consider “limited function tablets and e-readers to be in the same category as the iPad”.

Cook also noted that ecosystem for the iPad is “in a class by itself”. Tim Cook may have a point as it proves true during sales, where customers seem to gravitate towards product that offer a more solidified user experience, simplifying email, web, and desktop computer integration seamlessly, all of which iOS does very well.

We strongly believe in optimizing applications from day one to take advantage of the larger canvas. There are only a few hundred apps designed for the competition, versus more than 170,000 apps designed specifically for iPad. People who want an iPad won’t settle for a limited function tablet.

However, Cook wasn’t the only person praising the iPad. A number of executives from the Cupertino company have said that tablets are going to overtake the PC market in units and according to IDC, tablets outsold desktop PC’s last quarter on a unit basis in the United States. Following his statements about the iPad, Cook also mentioned that Apple will “continue to innovate like crazy” and will compete with any tablet out in the market.

Apple is consistently leading the smart phone and tablet market, guided by Steve Jobs’ quote from famous hockey player Wayne Gretzky, “Skate to where the puck is going to be, not where it has been”. Apple’s advanced intuition of the trends helps them to adjust their new product lines to the ever shifting technology market.

Apple is expected to announce the iPad 3 sometime between February and March, with a new A6 chip, higher resolution screen, and better cameras.

The figures, as reported by Seeking Alpha, seem to confirm that Apple will yet again beat industry expectations, and will have sold around 18 million iPhones, and 4.2 million iPads in their last financial quarter. Most analysts are predicting around 15 – 16 million units of iPhones.

The way that Seeking Alpha has arrived at these figures is by taking previous quarterly results and the total confirmed iPhone and iPad sales figures as of those filings, and then calculating the difference between those sales figures and more recent figures quoted by Apple in the lawsuit which include sales up to March of this year.

Those figures confirm 108 million iPhones sold in total, up to March of 2011, and almost 15 million iPads sold in total up to the same date. The difference between those figures and the last gross sales figures confirmed in Apple’s previous quarterly earnings reports gave them this, apparently advance information.

Apple is due to officially release its sales figures for this last quarter imminently. But this gives us a little early insight into just how well the tech giant is doing, yet again.

Are these figures correct? We should know in a few hours! Let us know your reaction in the comments…