All items tagged with "earnings"

Apple Curb Stomps Exxon, Once More World’s Most Valuable Company

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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?

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Infinite Loop, Finite Hooplah: What Apple’s Latest Earnings Really Mean [Feature]

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(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.

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Apple’s Q2 2013 Earnings At A Glance [Charts]

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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.

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We’re Live Blogging The Apple Q2 2013 Earnings Call At 5PM/2PM EDT/PDT [Update: Nope!]

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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.

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Analysts Expect Apple To Announce Revenues Between $41 Billion And $43 Billion

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Apple will announce its second quarter financial results at 5 p.m. EST today, and this could be one of the company’s most interesting earnings calls for some time. Wall Street has been less than optimistic about the Cupertino company’s recent performance, and some believe that Apple will post its first quarter of negative growth income for over a decade.

But some analysts are a little more positive. According to averages put together by Yahoo! Finance, Apple is likely to announce revenue between $41 billion and $43 billion for the second quarter, with margins between 37.5% and 38.5%.

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Summing Up The Crazy: What Today’s Apple Quarterly Earnings Actually Means

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Today at 2PM Pacific/5PM Eastern, Apple will announces its 2013 first quarter earnings. Cult of Mac will, of course, be covering it live, but here’s a very brief primer of what to expect.

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Bullsh*t Rumor Claims Apple Could Be Looking To Replace Tim Cook

Going nowhere.

Going nowhere.

I’ve been writing for Cult of Mac for almost three years now, and in that time I’ve covered some pretty farfetched Apple rumors. But the latest from Forbes comes with a whole new level of crazy.

“Some Wall Street sources close to some Apple executives” say the Cupertino company could be searching for a replacement for Tim Cook, it claims, before suggesting Cook could turn Apple into another Hewlett-Packard or JC Penney and insisting “Apple’s shine has faded” since the passing of Steve Jobs.

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Apple Profit Probably Fell For The First Time In A Decade

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Apple’s quarterly profit probably fell for the first time in over a decade, thanks to new products with lower profit margins and a slowing demand for the iPhone, Bloomberg reports. Fourteen analysts have reduced their estimates for Apple in recent weeks, and on Friday, the Cupertino company’s share price fell below $400 for the first time since December 2011.

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Samsung Estimates Another Record Quarter Driven By Smartphone Sales

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Samsung has today announced its estimated earnings for Q1 2013, and it looks like the Korean electronics giant is set for another record quarter, exceeding Wall Street expectations. The company has forecast a 53% rise in profit to 8.7 trillion won ($7.7 billion) for the three-month period between January and March, driven by smartphone sales.

Read the rest of this post at Cult of Android »

Apple’s Monstrous Mega-Earnings And Must-Have Mac Apps On Our Newest CultCast

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You should probably check if your cash is still in your wallet… ’cause according to Apple’s recent earnings call, they just made all the money. We put some perspective on just how huge Apple’s Q1 cash hoard was on our all-new CultCast, then expertly deconstruct Tim Cook’s cryptic words about new and unannounced products.

But wait, there’s more! From iOS 7, to bigger-screen iPhones, to our favorite Mac apps, we answer your Facebook questions in our newest segment, CultCast Q&A.

Get a fun weekly dose of all things Apple! Subscribe to The CultCast now on iTunes, or easily stream new and previous episodes via Apple’s free Podcasts App.