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.
Apple’s earnings fell just shy of Wall Street’s expectations for third-quarter revenue despite continued strong sales of the iPhone 6, which helped the company bring in $49.6 billion in gross revenue and $10.7 billion in profit.
Perhaps even worse for AAPL, the company’s fourth-quarter revenue forecast fell short of analysts’ best guesstimates.
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.
Apple’s quarterly earnings call is set to take place later today, but one set of figures we’re not expecting to get is the initial Apple Watch sales. Apple has already acknowledged this data be hidden in the “other products” category — alongside the iPod, Apple TV, Beats Electronics and accessories division.
However, while Apple is likely to keep quiet on the exact breakdown of Apple Watch sales, it will be possible to get a rough idea of how the company’s debut wearable device is faring by doing the following:
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 is set to announce record-breaking earnings tomorrow for its 2014 holiday quarter. Apple projected making $63.5 billion to $66.5 billion in revenue, but Wall Street’s consensus is that the company will blow past its own guidance and report revenue closer to $68 billion.
That’s about $20 billion more than Google’s last three quarters of revenue combined.
Growth will likely be fueled by strong iPhone sales, although the Mac is also projected to reach record sales.
Apple surpassed analysts’ expectations with $42.1 billion in revenue in the back-to-school season, buoyed by unprecedented iPhone sales and surprisingly strong demand for Macs.
While breaking down the Q4 2014 numbers during today’s earnings call, Apple CEO Tim Cook and CFO Luca Maestri offered insights into the company’s Q4 performance in China, the struggling iPad and hints of new product categories coming down the pipeline.
Here are the biggest takeaways.
Tim Cook and CFO Luca Maestri are getting ready to follow up the launch of Apple Pay by revealing Apple’s Q4 earnings with investors this afternoon. The results are expected to be record breaking, anchored by the unprecedented demand of the iPhone 6 and 6 Plus.
Apple’s earnings call will reveal just how much money the company raked in over the past three months and we’ll be here to liveblog whole thing. AAPL shares are up 1.60% this afternoon, with the earnings expected to arrive shortly after the market closes, so keep this page open for the full scoop on how ridiculously profitable Apple was last quarter.
Apple fell just shy of Wall Street’s third-quarter revenue predictions but came in well within its own guidance, bringing in $37.4 billion gross and $7.7 billion in profit for Q3 2014.
iPhone sales were modest at best, but that’s probably because everyone is waiting for the iPhone 6 in September.
Apple sold 35 million iPhones, 13.2 million iPads and 4.4 million Macs in the just-ended quarter, the company announced Tuesday just prior to its Q3 earning call. That’s decent for what’s traditionally the company’s slowest quarter of the year, but they’re not numbers to sing about—which is why Apple is steering everyone’s attention to what it has planned for the coming months.
Apple has announced its earnings for this past holiday quarter, and the results are a doozy. The company reported $57.6 billion in revenue, which is an all-time record. 51 million iPhones and 26 million iPads were sold, which are both records as well.
This quarter’s results are particularly important for Apple because of all the new hardware it announced before Christmas. The iPhone is obviously selling well, but the iPad’s growth is insane when you consider that Apple only sold 14 million units in Q1 of 2013.
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?
Apple has revealed that it will announce its official earnings for the second fiscal quarter of 2013 on Tuesday, April 23rd. The call will be held at 2:00 P.M. Pacific, and anyone can stream it from Apple’s Investors Relations page.
After weeks of wild price swings, Apple’s stock closed today at its highest value ever, $420 a share. The previous high was about $413; many were expecting that value to fall tremendously when (my hero) Steve Jobs passed, but to much surprise Apple’s stock remained relatively unaffected by his passing.
The new high comes right before Apple’s Q4 FY11 earnings report and conference call next week (Tuesday, Oct. 18th). This will of course be their first earnings call since Steve Jobs’ passing, and though I think the report will be their usual “we made ALL the money we win” type, whatever success they have had will surely be sobered by the loss of their visionary CEO and friend Steve Jobs.
Apple has been on quite the winning streak lately. With the next iPhone announcement on the horizon, things are only looking up for the folks in Cupertino.
With Apple set to reveal its last quarter financial results on October 18th, predictions are that the company will see growth in Mac and iPad sales, with a slight decline in iPhone sales.
Apple has announced the date for its Q4 2011 earnings call to investors. The Cupertino company will hold its financial conference call on October 18th for the fourth fiscal quarter.
Q4 of 2011 ended on Saturday, September 24th. After stellar results in Q3 of 2011, Apple is expected to do just as well, if not better, in its results for the fourth quarter.
Apple has held its earnings call for the third business quarter, and there’s plenty of new information and speculation to glean from what was said. The rumor mills are always churning, but rarely does the industry get as much actual hard data from Apple as it does during one of these earnings calls.
Apple’s success up to this point is phenomenal, but what’s even more interesting is the future of Apple’s business. We’ve gathered the main highlights from this last earnings call to give you a good idea of where Apple is headed in the coming months.
Apple announced a record $20.4 billion in revenue during the fiscal 2010 fourth quarter, and a profit of $4.31 billion, in a press release ahead of their quarterly financial conference call.
Sales of Macs increased a sizable 27 percent from the same quarter last year; 14.1 million ipPhones were sold, a whopping 91 percent increase from last year’s Q4.
“We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings—both all-time records for Apple,” Steve Jobs said in Apple’s press release.
iPad sales topped out at just over four million, and iPod sales declined by 11 percent.