January 12, 2005: Apple reports record earnings for the preceding three months. Holiday sales of the iPod, and demand for the latest iBook, give the company a four-fold increase in profits.
Apple brags that it sold a total of 10 million iPods, and rightly so. The massive popularity of the portable music player drives Apple to its highest earnings yet.
December 6, 2000: Apple Computer’s stock price falls after the company posts its first quarterly loss since Steve Jobs’ return to Cupertino in 1997.
Shares tumble $3 to just $14 a share as doom-predicting pundits worry that the big Apple comeback might come screeching to a halt. Little did they know …
Although economists can’t agree whether a global recession is on the way, it’s definitely a possibility. But Apple execs don’t seem to have a lot to worry about – market analysts remain generally upbeat about the company.
Here are comments from a range of experts that are sure to warm Apple CEO Tim Cook’s heart.
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 overcame considerable headwinds to set a new revenue record during its most recent financial quarter, the company said Thursday. Cupertino once again beat analysts’ expectations, despite COVID-19 lockdowns in China that slowed Mac and iPad production.
“Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment,” said Luca Maestri, Apple’s chief financial officer, in a press release announcing the Q3 2022 earnings.
Apple’s next quarterly earnings report and call with analysts take place on Thursday. (It’s Q3 for Apple’s fiscal year despite being Q2 on your calendar.) And the company has already warned it may take an up to $8 billion revenue hit for several reasons.
As usual, after the fiscal results come out and the stock market closes for the day, Apple CEO Tim Cook and CFO Luca Maestri will talk with financial analysts on a public call about the results and future expectations.
Apple made more money in the last year than any other company in the world, according to the new Fortune 500 rankings. With annual profits of $57.5 billion, no other enterprise came particularly close, with the nearest rival earning about $8 billion less.
This goes a long way toward explaining why Apple remains the most valuable publicly-traded company in the world.
Apple just revealed that its made heaps of money last quarter. It broke all kinds of revenue records, and Mac, iPhone and iPad contributed strongly to the total.
But there are also some dark clouds in Apple future. Read on to get the good news and bad from the company’s most recent financial earnings results.
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.
The results of each Apple financial quarter somehow keep topping the one before. This time, the big news is that revenue blew past $100 billion for the first time, buoyed by record-breaking sales of iPhone and other products.
But there’s more to Apple’s announcement than a parade of figures. Here’s what all those number mean for the company, and for users, based on what Apple’s top brass told investors on Wednesday.
