earnings - page 4

(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.

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.

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.

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%.

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.

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.

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.

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.

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.

Apple just posted one of their most successful financial quarters ever. A bunch of records were broken for iPad sales, iPhone sales, net revenue, and net profit.

Sorting through the pile of information and numbers Tim Cook and Peter Oppenheimer just gave us can make your head spin, so we’ve broken it down for you. Here are the most important numbers you need to know from today’s earnings call:

Apple has just announced the numbers for what has proven to be another record quarter, yet compared to the numbers Cupertino was showing a year ago, Wall Street is worried that Apple’s growth may have finally stalled. Are they nuts?

To help you make sense of Cupertino’s incredible growth, here’s a breakdown in easy-to-read chart form of everything from the growth of Apple’s revenues, profit and cash hoards, 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. Usually, Apple does better than analyst predictions, but this time, they did worse. What does it mean?

Apple has just announced it’s best quarter EVER, but the stock is taking a pounding on Wall Street.

Apple announced earnings for the first fiscal quarter of 2013: $54.5 billion and a net profit of $13.1 billion. But the stock is down more than 4% in after-hours trading because Wall Street is worried that Apple’s phenomenal growth is slowing. Don’t you love how a record-breaking quarter is still considered an “ouch?”

Apple was expected to report decent numbers despite the public’s perception that Apple’s streak of runaway sales of iPhones and iPads is plateauing. AAPL has been falling due to a number of factors, including analysts’ low predictions for the next March 2013 quarter. Apple is printing money, but not fast enough for Wall Street.

There have also been reports that Apple has cut back supply orders for the iPhone due to weakening demand, but iPhone sales are still up from 30 million last quarter.

Here are some of the key points from Apple’s Q1:

Google just announced its earnings for Q4 2012, and guess what? They made a ton of money. We’re shocked.

Actually, Q4 2012 was really great for Google. The company earned $14.4 billion in revenue, which is 36% better than what they did last year. While we tend to think of Google as an American company, only $5.99 billion of that revenue came from the U.S. while the rest was made in international markets.

The shipping delay for the 21.5-inch iMac increased today to 2-3 weeks on the U.S. Apple Online Store. Prior to this, the new all-in-one was shipping in 7-10 days, and that had been the case since early December. Now new customers will have to wait until at least mid-February for their machine to turn up at their door.

No one tell former Vice President Al Gore that it’s a bad time to buy AAPL. He just exercised a big chunk of his Apple stock options, walking off with $29 million worth of shares at a steep discount.

A day after AT&T announced its “best-ever” quarter for smartphone sales, rival operator Verizon Wireless is doing exactly the same thing. The carrier has announced that it expects to have reached a record 9.8 million sales during the fourth quarter of 2012, and it’s attributing that success to the popularity of the iPhone.

AT&T will announce its earnings for the fourth quarter of 2012 later this month, but the carrier has today confirmed that the quarter saw its “best-ever” sales of both Android and iOS devices. More than 10 million smartphones were sold during the three-month period, with an average of more than 110,000 smartphone sales a day.

The holidays were great for me, but they were probably even better for Apple. Fiscal Q1 is when Apple always has record-breaking sales numbers, and this year will probably be no different.

Apple has announced that they will release their first quarter earning report and call on Wednesday, January 23, 2012 at 2:00pm PT.

During the fiscal year of 2012, Apple made more money than ever before and became the world’s most valuable company. But they also managed to pay only 1.9% of income tax on earnings outside of the U.S.  Of the $36.8 billion Apple earned outside the U.S. Apple only paid $713 million in taxes.

Some may see those numbers and cry foul, but Apple hasn’t done anything illegal. Like a lot of other Fortune 500 companies, Apple keeps their international profits stashed somewhere outside the U.S. rather than having to pay a heavy tax rate for bring that cash back to America. The strategy saves Apple billions on their tax bill, but it also limits what they can do with those profits.

“We’re very proud to end a fantastic fiscal year with record September quarter results,” said Apple CEO Tim Cook in today’s fourth quarter earnings report. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

While Apple didn’t see a ‘blowout’ quarter this time around, things are still looking very good for the Cupertino company. Apple is still the most valuable company on earth, and its flagship products are seeing crazy growth in sales. We’ve collected all of the big numbers from today’s earnings call:

As a publicly traded company, Apple submits its financial reports every quarter to let their investors know how well the company is doing. However, Apple is under no obligation to share specific financial results about each of the individual products it sells, data that it is still trying to protect via the court in the Apple v Samsung case in Northern California.

However, rabid interest in the specifics continues unabated. In a survey reported today, CNN Money asked 61 Apple analysts, 31 from Wall Street and 30 independent analysts, what their estimates were for specific device sales in the quarter that just ended on September 29, 2012. Turns out, the analysts estimates were all over the place when it came to predicting the number of iPads sold.

It seems financial printer RR Donnelley made one hell of mistake earlier today, causing Google’s stock to drop 9% before Google was able to halt trading. What did they do? They filed an early draft of Google’s earnings without authorization.

Sprint announced its financial results for the second quarter of 2012 today, which includes “strong” iPhone sales of 1.5 million units. 40% of these devices went to new customers, but they couldn’t help the carrier get out of the red. It reported a net loss of $1.2 billion over the three-month period, compared to a net loss of $847 million for the same quarter last year.

AT&T announced its financial results for the second quarter of 2012 today, and yet again the iPhone driving the company’s sales. Of the 5.1 million smartphones the carrier sold, a whopping 72.5% were iPhones.

Apple CEO Tim Cook will announce the company’s second-quarter earnings on April 24, and according to one analyst, it will report sales of 33 million iPhone, 12 million iPads, and 4.3 million Macs. Sounds like another great quarter, but those predictions are, on the whole, a little less than Wall Street is anticipating.