Apple earnings calls

Read Cult of Mac’s latest posts on Apple earnings calls:

Brush up on financial lingo for Apple’s quarterly earnings call

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Learn the financial lingo to get the most out of earnings call chatter.
Learn the financial lingo to get the most out of earnings call chatter.
Photo: Kevin Dooley/Flickr CC

During quarterly earnings calls, executives often deploy language designed to puff up, excuse or obfuscate their companies’ recent performance. The goal is to make investors pant with delight over implied future success. And ultimately to give the company more money. Always. More. Money.

But when you’re Apple — with a mind-blowing market cap and a seemingly never-ending supply of hit products, including ongoing growth in services — you typically don’t need to craft hopeful-yet-non-material statements or deflect questions designed to get at the bottom line.

Apple’s next earnings call takes place this afternoon. CEO Tim Cook and CFO Luca Maestri will report on all the numbers. Analysts expect revenue to track with last year’s final quarter but with a bump in earnings per share for the quarter, which is the fourth quarter by the calendar but Apple’s Q1 because it starts its fiscal year in the holiday season.

The latest AirTag and Apple Watch rumors make us giddy [The CultCast]

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An Apple AirTag and an Apple Watch Ultra: We're talking the latest Apple rumors on The CultCast, episode 606.
AirTags with new functionality and Apple Watches in new colors sound good to us.
Image: Cult of Mac

This week on Cult of Mac’s podcast: Which gets you more excited, an AirTag with new AR capabilities, a pink Apple Watch or a black titanium Apple Watch Ultra? This week’s top Apple rumors fuel our imaginations …

Also on The CultCast:

  • Apple touts 1 billion paid subscribers, a gigantic number that pushed the company to record-high revenue for its services division last quarter.
  • Leander cooks up a cheap-and-dirty way to add CarPlay to any car, even an old beater. (Still can’t get him to come on the podcast, though, because … 👀.
  • Tim Cook finally plays the AI card as Apple tries to cash in on the latest tech buzzword.
  • Griffin proves he’s a total nerd the consummate tech collector by revealing what he uses an ancient Apple Newton for these days.

Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.

Tim Cook calls AI ‘absolutely critical’ to Apple products

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Apple's got AI inside.
Why doesn't Apple go on and on about the "AI revolution"? Because it's already baked-in to Apple products.
Image: Michael DziedzicUnsplash License/Modified by Cult of Mac

Apple has been conspicuously quiet about its plans for artificial intelligence, even as rivals like Google and Microsoft made headlines touting the latest tech buzzword. But CEO Tim Cook leaped to his company’s defense Thursday, pointing out that AI is already used by many Apple products.

And he also listed upcoming software and services that wouldn’t be possible without machine learning and AI.

Wall Street feels meh about Apple earnings, looks to future

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meh.
Yawn.
Photo: Cult of Mac

Apple is about to reveal the financial results of its most recent quarter, and Wall Street analysts are preparing for a whole lot of ho-hum. They’re predicting a very slight drop in revenue and earnings, during a traditionally slow time of the year for Apple sales.

That said, Apple has a habit of beating analysts’ predictions. So Thursday’s earnings call could be more upbeat than expected.

New MacBook Air is even faster than we dreamed [The CultCast]

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The CultCast Apple podcast: These MacBook Air benchmarks show what a screamer the M2 chip really is.
These MacBook Air benchmarks show what a screamer the M2 chip really is.
Image: Cult of Mac

This week on Cult of Mac’s podcast: The latest benchmarks make Apple’s M2 chip sound better than we thought. In fact, the new MacBook Air that the processor powers might be the perfect laptop for almost everyone.

Also on The CultCast:

  • The iPhone 14 Pro’s always-on screen looks sweeeeet.
  • How does Apple keep pulling off earnings miracles?!?
  • What not to do when a creep steals your AirTag-equipped scooter.
  • Somebody built an Apple Store time machine.
  • And a truffle tangent to end all tangents.

Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video livestream, embedded below.

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8 tantalizing tidbits from Apple’s otherwise stultifying earnings call

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Apple Q3 2022 earnings roundup: The earnings call wasn't that exciting, but Apple still dropped some tantalizing tidbits on us.
The earnings call wasn't that exciting, but Apple still dropped some tantalizing tidbits on us.
Image: Sharon McCutcheon/Unsplash License/Cult of Mac

Apple earnings calls with analysts can offer fascinating glimpses behind the scenes at the iPhone-maker. Most of the time, though, they are dull as toast. That’s true even for the June quarter, when Apple managed to snatch financial success from the jaws of supply constraints.

But we endured the tedium of the call so you don’t have to. Just read on to get the interesting details almost lost in all the talk of basis points and CAPEX.

What to expect from Apple’s quarterly earnings report

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Some analysts think Apple will beat earnings expectations, but others are doubtful.
Some analysts think Apple will beat earnings expectations, but others are doubtful.
Photo: Ed Hardy/Cult of Mac

Apple’s next quarterly earnings report and call with analysts take place on Thursday. (It’s Q3 for Apple’s fiscal year despite being Q2 on your calendar.) And the company has already warned it may take an up to $8 billion revenue hit for several reasons.

As usual, after the fiscal results come out and the stock market closes for the day, Apple CEO Tim Cook and CFO Luca Maestri will talk with financial analysts on a public call about the results and future expectations.

Apple’s $6 billion blues and other earnings revelations

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Apple Q4 2021 earnings call: Supply chain woes cost Apple an estimated $6 billion in revenues last quarter.
Supply chain woes cost Apple an estimated $6 billion in revenues last quarter.
Photo: Alireza Khoddam/Unsplash CC/Cult of Mac

Apple made a record $20.6 billion in profits last quarter but is getting punished because $83.4 billion in revenue didn’t meet Wall Street analysts’ expectations. Turns out even the Cupertino juggernaut is not immune to supply chain problems — $6 billion worth of them.

Here’s the bad news — and the good — from Apple’s September 2021 earnings report and a Q&A session with analysts afterward.

Smashed records, short supplies and other takeaways from Apple’s record Q3

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Smashed records, short supplies and other takeaways from Apple's record Q3
Apple broke records in multiple types of revenue last quarter, from Macs to Services. And its installed base of user hit a new record, too.
Photo: Cult of Mac/EverythingSuperMario

Apple just revealed that its made heaps of money last quarter. It broke all kinds of revenue records, and Mac, iPhone and iPad contributed strongly to the total.

But there are also some dark clouds in Apple future. Read on to get the good news and bad from the company’s most recent financial earnings results.

5 takeaways from Apple’s latest Mac-tastic quarter

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Mac FTW! Apple earnings Q2 2021: Sales of new M1 Macs powered Apple to yet another record-smashing quarter.
Sales of new M1 Macs powered Apple to yet another record-smashing quarter.
Photo: Wes Hicks/Unsplash CC

Apple did it again. It just announced a quarter where it didn’t just beat everyone’s expectations, it blew them away. The Mac had a phenomenal quarter, and so did iPhone and iPad.

But you don’t have to bury yourself in spreadsheets to get the lowdown on what it all means. Just read on.

Apple investors prepare for another boffo quarter

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Apple’s financial results were all the company could ask for.
Multiple products are expected to contribute to Apple announcing stellar financial results for last quarter.
Graphic: Cult of Mac

Wall Street thinks Apple recently finished an amazing quarter. If the analysts are right, the company will reveal on Wednesday the results of a January-through-March period with significant revenue growth in all its products, both hardware and services.

1 billion iPhones and other mind-blowing tidbits from Apple’s blowout earnings call

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Apple roars through another record-setting financial quarter, with a massive $111.4 billion in revenue for Q1 2021.
Apple roars through another record-setting financial quarter. Here’s what the number mean.
Image: Vista Wei/Unsplash CC/Cult of Mac

The results of each Apple financial quarter somehow keep topping the one before. This time, the big news is that revenue blew past $100 billion for the first time, buoyed by record-breaking sales of iPhone and other products.

But there’s more to Apple’s announcement than a parade of figures. Here’s what all those number mean for the company, and for users, based on what Apple’s top brass told investors on Wednesday.

Will Apple’s Oct. 29 earnings call bring another pandemic miracle?

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Apple Q4 2020 earnings on Oct. 29: When it comes to Apple earnings, CEO Tim Cook seems to have a reality-distortion field of his own.
When it comes to Apple earnings, CEO Tim Cook seems to operate a reality distortion field of his own.
Photo illustration: Cult of Mac

When Apple holds its fiscal Q4 2020 earnings call on Oct. 29, can the company deliver another pandemic miracle?

We’ll all find out at 2 p.m. Pacific that day, when Apple live-streams its earnings call. (Actually, we’ll undoubtedly find out a half-hour earlier than that, when Cupertino issues its press release outlining its quarterly results).

Following last quarter’s record-setting results, Wall Street will be waiting with bated breath to see if Apple once again found a way to spin gold amid the economic disaster caused by COVID-19.

10 years of iPad: How Apple’s tablet changed mobile computing [Cult of Mac Magazine 334]

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10 years of iPad: How Apple's tablet changed mobile computing.
A decade ago, the iPad changed everything.
Cover: Leander Kahney/Cult of Mac

When the iPad came out 10 years ago, some people dismissed it as nothing but a super-sized iPhone. In reality, Apple’s tablet changed mobile computing forever.

We pay tribute to the iPad in this week’s Cult of Mac Magazine cover story. We’ve also featuring a rundown on Apple’s blow-out earnings call as well as the usual tips for Mac and iOS users. Plus, some sweet product reviews and recommendations.

Download your free issue now — and read it on a revolutionary iPad — or hit the links below.

Apple’s best-ever quarter, strictly by the numbers

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Apple financial results on an iPad Pro
A dive into Apple’s most recent financial results shows what’s really happening with the company.
Photo: Ed Hardy/Cult of Mac

Apple pulled in more revenue and profits last quarter than it ever has before. These numbers were buoyed by strong iPhone and wearable sales. But the news isn’t all good.

Check out these charts that show with a glance how the company made its money last quarter.

Apple wants to build new Mac Pro in US

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Mac Pro and Pro Display XDR orders start Tuesday
Who knew?
Photo: Apple

Apple would prefer to build the upcoming Mac Pro in the United States. In fact, the company is trying to make it happen, CEO Tim Cook said Tuesday.

“We’ve been making the Mac Pro in the United States and we want to continue doing that,” Cook said during Apple’s earnings call. “We’re working and investing currently in the capacity to do so. We want to continue to be there.”

4 key reasons Apple’s China problem is going away

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Activist shareholders push Apple on why it booted Hong Kong protest app
Activist shareholders push Apple on why it booted Hong Kong protest app
Photo: Fredrik Rubensson/Flickr CC

Apple’s business in China is finally turning around, according to execs who say Cupertino’s troubles in the country might be a thing of the past.

“We feel positive about our trajectory,” Apple CEO Tim Cook said during Tuesday’s earnings call, noting that the company’s “year-over-year revenue performance in Greater China improved relative to the December quarter.”

Then Cook laid out four reasons why Apple’s “China problem” is going away.

Apple still has mojo for attracting new customers

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new Apple customers
Apple Watch could be better than ever next year.
Photo: Ste Smith/Cult of Mac

To listen to Apple’s Q2 earnings call is to get inundated with numbers. But the stockholder looking for a set of numbers giving them a reason to buy more shares should consider the rise of new Apple customers.

Apple CFO Luca Maestri delivered the usual dry intro into quarterly reports: the ups, downs, gross margins, basis points and other wonky indicators important to analysts listening in.

It was in his next breath where Maestri provided “color” that explained Apple’s optimism in the road ahead. There was double-digit growth in services, subscriptions and a blockbuster quarter for both the iPad and wearables, particularly, the Apple Watch Series 4.

Did Apple reverse its revenue slide? We’ll know April 30.

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apple park
The end of 2018 went badly for Apple. We’ll know soon how it’s doing in 2019.
Photo: Duncan Sinfield

We’ll soon know if Apple made progress drumming up more demand for the latest iPhones in Asia. Weak demand in China caused a surprising year-over-year drop in Apple’s total revenue during the last quarter of 2018.

CEO Tim Cook and co. have just scheduled an earning call with investors for April 30. We’ll find out then if the company managed to improve its situation during the first three months of 2019.

Apple posts record-breaking Q4 2018 earnings

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apple
Q4 is another record-breaker.
Photo: Ste Smith/Cult of Mac

Apple just posted its Q4 2018 earnings report and, per usual, it was another record-breaking quarter for the iPhone-maker.

Revenue and iPhone sales came in slightly higher than Wall Street’s expectations, while Services revenue hit an all-time high of $10 billion. Another record-breaking quarter looks like it’s on the horizon, too. Apple CEO Tim says the company is heading into the holiday season with its strongest lineup ever.

Affordable first drones and the perfect minimalist camera strap, this week on The CultCast

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Affordable first drones and our favorite gadgets on The CultCast!
Affordable first drones and our favorite gadgets on The CultCast!
Photo: 3DR

This week on The CultCast: Astounding facts and figures from Apple’s newest earnings report; Nintendo promises a bunch of new iOS games; how to get the best deal in cloud storage; affordable options for your first drone; the perfect minimalist strap for your mirrorless camera; and we pitch you our favorite gadgets in an all-new Fave N Raves!

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