| Cult of Mac

8 tantalizing tidbits from Apple’s otherwise stultifying earnings call


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.

Apple investors prepare for another boffo quarter


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.

Apple still has mojo for attracting new customers


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.


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.

8 takeaways from Apple’s Q4 2016 earnings call


Apple's Q2 earnings weren't that impressive.
iPhone sales were down in Q4 2016.
Photo: Ste Smith/Cult of Mac

Apple can’t make enough iPhone 7 devices to satisfy demand from customers (and from Wall Street to make more money).

During Apple’s Q4 2016 earnings call today, Apple CEO Tim Cook and CFO Luca Maestri hinted that big things are in the pipeline that should put the company back on track to growth — and it all starts Thursday with the MacBook Pro.

Here’s what we learned from the Q4 earnings call:

Apple schedules Q3 2016 earnings call for July 26


Apple's next earnings call is less than a month away.
Photo: Ste Smith/Cult of Mac

Apple has scheduled its next earnings call for Tuesday, July 26, at 2 p.m. Pacific. The call, which will be broadcast live, will cover the company’s third fiscal quarter results following the first-ever decline in iPhone sales last quarter.

8 optimistic takeaways from Apple’s slumptastic earnings call


Is it time for Apple to get spiritual?
Is it time for Apple to get spiritual?
Photo: Ste Smith/Cult of Mac (original image: Wired)

With quarterly revenue declining for the first time in more than a decade, Apple execs Tim Cook and Luca Maestri put on their game faces during today’s Apple earnings call to tell us why things aren’t really all that bad in Cupertino.

The sad truth is that slumping iPhone sales, which joined the iPad and Mac lineups in the down column, will likely take a toll on Apple’s image — and on its stock price.

Still, there were plenty of other intriguing and optimism-inspiring things we heard during Apple’s Q2 2016 earnings call. Here are the most important takeaways from this historic Apple moment.

The 5 biggest takeaways from Apple’s biggest quarter ever


It's a veritable tornado of cash!
It's a veritable tornado of cash!
Photo: PublicDomainPictures/Pixabay

Apple reported record revenue during its earnings call Tuesday, but Tim Cook almost sounded like he was channeling Game of Thrones characters. He didn’t actually say “winter is coming,” but he might as well have.

Revenue is high for now, but iPhone sales are slowing down, the iPad continues to underperform and — most troublesome of all — the global economy will continue to play havoc with Apple’s bottom line.

Still, Cook and Co. remain optimistic about Apple’s ability to continue its world-beating performance. Here are five of the biggest takeaways we got from Apple’s Q1 2016 earnings call today with Cook and Apple CFO Luca Maestri.

Trust the magic pipeline and other key takeaways from Apple’s Q3 earnings call


Last quarter was bright but the future's even brighter, according to Apple.
Last quarter was bright but the future's even brighter, according to Apple.

Even Apple execs sounded pleasantly surprised as they revealed last quarter’s mostly higher-than-expected numbers Tuesday. But in what’s become something of a refrain in Cupertino, they couldn’t stop themselves from vague and knowing references to the incredible products waiting in the magical Apple pipeline.

Trust us, they seemed to say: Last quarter’s net profit of $7.7 billion — fueled by robust sales of iPhones, MacBooks and a surprisingly strong showing in the iTunes Software and Services category — was totally great, but wait till you see what we’ve got up our sleeves.

“We’re expecting a very busy fall,” said Luca Maestri, Apple’s chief financial officer. “We’re very excited about what’s in the pipeline.”

What else did Apple executives have to say during Tuesday’s Q3 earnings call? Here’s our take on everything you need to know from the latest numbers talk.

Rogue Trader Winds Up In Jail After Fraudulently Purchasing $1 Billion Of Apple Stock


Photo: The Dark Knight

If you’re looking for a way to get rich overnight, here’s an idea: somehow borrow $1 billion without anyone knowing what you’re doing, invest it all in Apple shares the night before an earnings call (when the stock price is all but guaranteed to rise), immediately sell the next morning, return the original capital, and then pocket the profit without anyone the wiser.

Sound too straightforward to be true? That’s because it is — although that didn’t stop 40 year old trader David Miller from trying the stunt back in 2012.