Net iPhone sales up up by 12%, with global earnings of $102 billion in 2014 versus $91 billion last year. iMac sales are up by the same 12%, too, with 24 million units sold this year compared to 21.5 million in 2013.
The iTunes Store is doing its bit as well, with a total of $10.2 billion in net sales, up from $9.3 billion in 2013. Apple says that app sales are up, but also acknowledges that this increase is partially offset by a decline in digital music sales.
We’re still waiting for Tim Cook and Peter Oppenheimer to start today’s earnings call, but now that the closing bell has rung Apple just released its official financial results for Q4 2013. So far the numbers look pretty good with Apple beating analyst estimations for revenue and profit with $37.5 billion and $7.5 billion respectively.
Sorting through the pile of information and numbers Apple just gave us can make your head spin, so we’ve broken it down for you. Here are the most important numbers you need to know from today’s earnings:
Google stock has risen 13% today, surpassing $1,000 for the first time ever. It comes a day after the search giant announced its earnings for last quarter, which beat Wall Street expectations thanks to a surge in mobile and video advertising that helped increase quarterly revenue by 23%.
For the last four years, T-Mobile has been just battered by the iPhone. Unable to ink the same deals with Apple as AT&T, Sprint, and Verizon to get the Jesus Phone on their networks at a subsidized price, T-Mobile tried to sell itself to AT&T, only to have the deal killed by the FCC.
In desperation, T-Mobile tried a new approach: they decided to call themselves an “Un-carrier” and start offering untraditional no-contract, upgrade-anytime-you-want plans. And you know what? It’s really paying off for them.
Google has released an official AdSense app for Android and iOS, allowing AdSense users to keep track of their earnings on the go. You can keep an eye on your latest earnings for the day, see what you earned yesterday, and view your earnings for the month so far — plus lots more.
Two years ago, Apple overtook Exxon as the world’s most valuable company. It was a heck of a feat for a Silicon Valley company: for the first time, the world seemed to value silicon computer chips more than the bubbling, black goo of long dead dinosaurs. The future seemed rosy, and in the following months, Apple’s share price eventually rose to over $700 a share… before cratering thanks to bizarre Wall Street pessimism.
Somehow, though, even though analysts are bleaker about Apple’s futures than they have ever been, Cupertino has once more managed to claw the title of world’s most valuable company from Exxon. How?
(Editor’s Note: This post originally appeared on Medium, Twitter co-founder Biz Stone and Evan Williams’ new publishing platform.)
Usually during Apple’s quarterly earnings calls, you have to read between the lines to guess what Apple’s really thinking. On Tuesday, all you had to do was read the actual lines, because Cupertino was remarkably candid for a change: there was no way that the Apple of 2013 could match the numbers of the Apple of 2012, but “new product categories” — like the iWatch — were going to blow the roof off the house in 2014. In the meantime, Apple needs investors to be patient… and they’re not above paying them off to make it happen.
Apple has just announced the numbers for a quarter that most on Wall Street have declared to be doom. Apple has comfortably beat Street estimates, but still posted their first decline in year-over-year profit margins since 2008. What does it mean?
To help you make sense of Cupertino’s business this quarter, here’s a breakdown in easy-to-read chart form of everything from the growth of Apple’s revenues, profit and profit margins, to the rise and fall of Cupertino’s various product empires.
We even have a comparison of how Apple did this quarter compared to how Wall Street prediced Apple would do.
Update: Guys, sadly, we’re having server issues that makes this impossible. Stay tuned for the front page for updates on the call as it happens.
In just a few hours, Apple will be hosting its Q2 2013 financial earnings call, and it’s bound to be an interesting call. It’s no secret that Wall Street is expecting a bloodbath, and is calling for Tim Cook’s head amongst fears of stagnating iPhone growth, but can Apple outperform the Street’s expectations?
Check out our summary of what to expect if you want to know more about the expectations going into this thing. Starting at 5PM Eastern/2PM Pacific, we’re going to be live blogging the call, so make sure to check back at this space then. We’ll be covering quotes and questions from the call, as well as posting our own live commentary. Hit the jump for our live blog, and make feel free to listen along if you want.