iPhone, iPad Games, Apps, Reviews, News Thu, 30 Jul 2015 08:09:28 +0000 en-US hourly 1 Apple Inc. (NASDAQ:AAPL) to Announce Q2 2013 Earnings Results on April 23 Wed, 03 Apr 2013 17:37:06 +0000 Read More]]>  

Apple Q2 2013 Earnings Results

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}

]]> 3 Apple Inc. (AAPL) to announce Q3 FY12 Earnings on July 24 Wed, 04 Jul 2012 16:19:11 +0000 Read More]]>

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.

]]> 3 Apple Inc. (AAPL) Reports Best Sales Quarter Ever Wed, 19 Jan 2011 19:35:19 +0000 Read More]]> After a brief panic related to the concerning news about Steve Jobs, Apple’s CEO, which we reported on a couple of days ago, Apple Inc. (NASDAQ:AAPL) bounced back with its best ever sales report in the company’s history. And the small dip in its share price seems to have reversed almost completely today. Analysts are now confirming that a $450 target price for AAPL (Apple Inc.) shares is almost inevitable in the near future.

Overall Apple’s global sales grew by 71%, and its earnings on those sales increased by 78% in the last quarter of 2010.

Those sales included 4.13 million Macintosh Computers, 16.24 million iPhones, 19.45 million iPods and 7.33 million iPads. The only fall in sales was the continued slow decline in original iPod sales, which is to be expected with newer products in Apple’s product line superseding them. All other products continued to exhibit stellar growth.

Overall that means that Apple sold just under 15 million iPads in total in 2010. The best estimate made by pundits outside of Touch Reviews was for 9 million iPads being sold in 2010. But if you cast your mind back to May of 2010 we predicted 15 million iPads being sold in 2010. Gold star for us!

Apple’s revenues for the holiday quarter at the end of 2010 was $26.74 billion in cash, of which $6 billion was profit, not far off double that same quarter of the year prior to that. Pretty impressive stuff.

Statements from Steve Jobs and Peter Oppenheimer were as follows..

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Steve Jobs, Apple’s CEO. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.”

“We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.”

Some people are now talking about a $100 Billion quarter for Apple in the not too distant future? What do you think? Is Apple set to continue to grow at that record pace in 2011? Or is it inevitable that their growth will plateau sometime soon? Have your say in the comments…

]]> 0 Apple (AAPL) Posts Stellar Q3 Earnings – As Expected! Wed, 21 Jul 2010 17:57:31 +0000 Read More]]> No surprises from Apple (NASDAQ:AAPL) yesterday. But the Q3 results were impressive nonetheless. Analysts predicted Apple (AAPL) would earn $3.00 per share this quarter, and generate revenues of around $15 Billion. What Apple actually achieved was $3.51 per share, revenue of $15.7 Billion, and a net profit of $3.25 Billion. Overall an increase of around 50% over last years figures for the same period.

Apple 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…

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