Tim Cook reveals Apple Watch sales topped expectations

By

post-329284-image-a9f97ef415fcdb2b900c684e26a91057-jpg
The Apple Watch may be a slow builder.

Apple didn’t officially announce any Apple Watch sales numbers during today’s earnings call, but according to Tim Cook, the company has already beat its own internal expectations.

While the official number of units sold remains a secret, the Apple exec said the number of Apple Watches sold in the first nine weeks was greater than the number of iPhones or iPads the company sold in the same period after they launched.

Liveblog: Apple’s Q3 2015 earnings bonanza

By

Apple earnings
What will today's Apple earnings call reveal?
Photo: Jim Merithew/Cult of Mac

Apple is set to report its financial results from Q3 2015 to investors this afternoon and, as usual, Cult of Mac will be here to liveblog all the action, from the numbers down to the analysts’ questions.

Apple Watch sales have been looming large in the minds of investors and analysts now that the device has been available for a full quarter. We don’t expect CEO Tim Cook or CFO Luca Maestri to announce the Watch sales as their own category, but there’s sure to be plenty of speculation as to whether the new wearable has met sales expectations.

Today’s earning’s call is set to kick off at 2 p.m. Pacific, but we’ll be kicking off the liveblogging party early with a breakdown of all the numbers. Bookmark this page and join us for the Apple earnings bonanza.

Liveblog: Apple looks to make history with Q2 2015 earnings call

By

Apple earnings are on the way. Photo: Jim Merithew/Cult of Mac
Apple earnings are on the way. Photo: Jim Merithew/Cult of Mac
Photo:

In less than an hour, Tim Cook and CFO Luca Maestri will reveal whether iPhone 6 sales have continued to sail past Wall Street’s expectations. We’ll be on hand to liveblog all the action from the Q2 2015 Apple earnings call.

The results are expected to be monstrous, thanks to strong demand for the iPhone 6 and 6 Plus carrying over from last quarter’s historic results. Wall Street is expecting Q2 2015 to be the second-biggest quarter in the history of Apple, with revenue believed to top $56 billion, for 23 percent year-over-year growth.

Apple only needs to sell more than 58.1 million iPhones to make it the second-biggest quarter ever, but what we’re most anxious to hear is whether Tim and Luca drop some Apple Watch numbers on us.

The call begins at 2 p.m. Pacific, but the liveblog action starts now. Keep this tab open and come back throughout the day for coverage and commentary.

Apple’s Luca Maestri named most admired CFO

By

Everybody loves Luca. Photo: Apple
Everybody loves Luca. Photo: Apple

Luca Maestri controls the purse strings of the most profitable company in the world, so it’s no wonder why he was just named the most admired CFO in the world.

Apple’s money man won nearly one in four votes among top Fortune 500 CFO’s of the world in Model N’s annual rankings. His company announced last week that it made more profits in the last three months than any company in history.

Liveblog: Will Apple’s earnings call blow Wall Street’s mind?

By

Apple earnings call. Photo: Jim Merithew/Cult of Mac
Apple's earnings from last quarter will be historic. Photo: Jim Merithew/Cult of Mac
Photo:

Tim Cook and CFO Luca Maestri are getting ready to announce Apple’s biggest earnings ever to investors this afternoon, and we’ll be on hand to liveblog all the action.

The results are expected to be historic, thanks to unprecedented demand for the iPhone 6 and 6 Plus in not only the US, but also China. Wall Street expects Apple to blow past its projected revenue of $63.5 billion to $66.5 billion and hit somewhere closer to an all-time high of $68 billion.

Analysts expect iPhone 6 sales to have topped more than 66 million, but Apple expert Ben Bajarin is predicting any number lower than 70 million would be a result of supply chain limitations, not demand. Mac sales are also expected to be strong, while the iPad remains the only wild card.

The call begins at 2 p.m. Pacific, but the liveblog action starts now. Keep this tab open and come back throughout the day for coverage of Apple’s biggest quarter ever.