Apple’s first fiscal quarter typically sees big sales numbers, and this time around CEO Tim Cook says he thinks it’ll be a record breaker. Translation: Apple expects to sell a metric crap-load of iPhones between October and the end of December.
Be sure to follow The Mac Observer’s Apple’s 2017 fourth fiscal quarter earnings report coverage this afternoon.
The news sent shares of $AAPL up as trading bots reacted to the news without being able to tell it was fake.
In addition to her work as a law clerk at the highest court in the land, Ms. Adams is currently General Counsel for electronics firm Honeywell.
Apple is hosting its 2017 fourth fiscal quarter earnings report on Thursday, November 2nd. The conference call will start after the market closes at about 2PM pacific time (5PM eastern time).
Canaccord Genuity analyst T. Michael Walkley told clients that Apple’s share of the profits from the smartphone industry dipped to 64% during the June quarter.
Could Apple be the Microsoft of cars? Bryan and Jeff dig deep into this idea, as well as some of the quirkier aspects of Apple’s quarterly conference call with analysts. They also chat about the importance of Apple Park.
John Martellaro and Kelly Guimont join Jeff Gamet discuss Apple’s third fiscal quarter earnings report, the upswing in iPad sales, and Apple’s growing services business.
Apple not only reported increased revenue for iPads in general, but growth in its education market in specific.
In the minutes before Apple’s conference call with analysts began, $AAPL was trading at US$158.15, up $8.10 (+5.40%).
Apple reported revenues of US$45.4 billion and earnings per share (EPS) of $1.67 on Tuesday for the June quarter, the company’s 3rd fiscal quarter. [Updated with additional info and unit sales. – Bryan]
Apple’s 2017 third fiscal quarter earnings conference call is scheduled for this afternoon about 5PM eastern time after the market closes.
Bryan Chaffin would like to like to take a moment to note that at a combined US$38.8 billion in profit, both companies add up to less than Apple’s $45.7 billion.
Apple is hosting its 2017 third fiscal quarter earnings conference call on Tuesday, August 1st, after the market closes.
Nasdaq is blaming Bloomberg and other market-tracking sites for publishing test data that reset the prices of several tech stocks.
Citigroup analyst Jim Suva put together a list of seven companies Apple could buy with its vast cash hoard. The idea seems more thought exercise than anything else, prompted by Trump administration plans to reduce taxes on corporate profits earned overseas. Bryan Chaffin thinks it’s a fun thought exercise, but Apple’s likely to buy any of these companies.
Apple reported some big numbers during its second quarter earnings report yesterday, and raised a few questions, too. Kelly Guimont and John Martellaro join Jeff Gamet look share their reactions to Apple’s iPhone and iPad sales, plus they have some thoughts on Microsoft’s just announced Surface Laptop, too.
Apple Watch sales, along with AirPods and Beats headphones have hit Fortune 500 level, which means they’re bringing in over US$5 billion to Apple’s “other products” category. Company CEO Tim Cook shared that detail during the company’s second fiscal quarter earnings report on Tuesday.
Apple reported US$52.9 billion in revenues during the March quarter on Tuesday. That’s up year over year from $50.6 billion. Earnings clocked in at $11 billion, or $2.10 in earnings-per-share, up year-over-year from $1.90. The company announced a boost in its shareholder capital return program from $200 billion to $300 billion.
Apple is hosting its second fiscal quarter earnings conference call this afternoon at about 5PM eastern time after the market closes. The iPhone and iPad maker’s guidance for the quarter is targeting between US$51.5 billion and $53.5 billion in revenue with a gross margin just under 40%.