It looks like folks wondering how Apple did financially last quarter will find out in just a few short weeks. The Cupertino company announced this afternoon that it will be releasing its financial results for Q2 2013 on April 23.
Apple's earnings reports are typically a major affair in the tech world, and this one is particularly important. The iPad-maker's stock is at its 52 week low, and it needs to post some big numbers to change the conversation...
Towards the end of Apple's earnings call earlier today, Tim Cook and CFO Peter Oppenheimer fielded a number of questions from analysts. And of course, many of them took the opportunity to question the two on the validity of recent rumors.
The Wall Street Journal's 'Apple cutting iPhone 5 part orders' story, the recent 4.8-inch iPhone meme, and the ongoing budget iPhone rumor were all brought up during the Q&A session. And Tim Cook (sort of) addressed each one...
Among some of the more interesting tidbits from Apple's earnings call today was Tim Cook's mention of Apple TV sales. The device has long been called a hobby by Cook and other Apple executives, but it doesn't act like one.
The Cupertino company sold over 2 million Apple TVs during last quarter, a record high for the company. That's a 60% growth over last year's first fiscal quarter, which is bigger than that of both the iPhone and the iPad...
Apple announced its highly anticipated earnings for the fourth quarter of 2012, the first fiscal quarter of 2013, this afternoon. And although they were record-breaking, they missed Wall Street projections. But we'll save the 'doomed' talk for another time.
Right now, we're just getting finished with Apple's earnings conference call. And as usual, Tim Cook and company made a few fascinating revelations and dropped a number of statistics. We have the 15 most interesting points for you after the break...
Here it is folks. After all of the rumors of slipping iPhone and iPad demand, which sent the company's stock tumbling, and the many 'doomed' headlines, Apple's Q1 2013 quarterly earnings report is finally here. So how'd they do?
Given the significance of these numbers, we'll just get right down to it. During the holiday quarter, Apple sold 47.8 million iPhones, 22.9 million iPads and produced 54.5 billion in revenue. We'll have more figures after the break...
Apple is set to announce its iPhone sales and other figures from the holiday quarter tomorrow, in what many are calling its most important earnings report of the last decade. Recently, rumors of slipping iPhone and iPad demand have driven the company's stock down to $500. And this is its chance to start turning things around.
The focal point will be on iPhone numbers, since the handsets account for half of Apple's business. And it needs to have sold in upwards of 50 million of them to avoid disappointing the Street. Well according to analyst Brian White, they hit that mark and then some...
Apple's quarterly earnings call is coming up next Wednesday, where the company will reveal its iPhone sales and other figures from the holiday quarter. And given its recent stock drop due to iPhone demand concerns, all of Wall Street will be watching.
Essentially, if the Cupertino company wants to stop the bleeding, it needs to report big numbers for last quarter. And according to KGI Securities' well-connected analyst Ming-Chi Kuo, it will. He thinks Apple sold 52 million iPhones and 23 million iPads...
With all of the talk of Apple losing its dominance, and its stock price taking a $200 bath towards the end of last year, the Cupertino company needed a big holiday quarter to quiet its critics. Outside figures look good, but we won't know for sure until Apple says something.
Fortunately, we won't have to wait much longer for it to break the silence. The iPad-maker has updated its Investor Relations page this afternoon to note that it will announce its earnings for the first fiscal quarter of 2013 (4th calendar of 2012) on Wednesday, January 23...
Apple CEO Tim Cook during yesterday's conference call with Wall Street analysts briefly touched on Microsoft's Surface tablet, which hit store shelves today, canibalization of its own products by the iPad mini and more. He also addressed his predecessor's public dissing of smaller tablets two years ago, insisting that Apple's position on the matter remains unchanged and stressing that the iPad mini, which has a 7.9-inch display, is "in a whole different league" than other seven inchers. Apple in fact, he said, "would never make" a seven-inch iPad...
While going over its sales figures for the quarter yesterday, Apple once again neglected to mention the Apple TV. In fact, it wasn't even until an analyst asked a question about it, that Tim Cook spoke of the product.
This should kind of give you an idea of how Apple views the $99 set top box. It's obviously not near as important as say the iPhone or, any of its other iOS devices. But that doesn't mean that it's not selling well...
You had to know this was coming: during the Q&A portion of Apple's conference call yesterday, analysts grilled Tim Cook and CFO Peter Oppenheimer about the higher-than-expected pricing on the iPad mini.
As you would expect, the two defended the tablet's $329 price tag, stating that they didn't want to build a small, cheap tablet. "iPad mini is a fantastic product; it's not a compromise like the other 7-inch tablets."
Apple just announced its financial results for Q4 2012, and is now finishing up its earnings call. As promised, we’ve put together a list of some of the more interesting bits from the call to pass on to you.
Among that list, is the fact that Apple added $4 billion to its growing cash pile last quarter, bringing its cash total to more than $121 billion. It also sold a stout 44 million iOS devices during that time...