Apple: What you gon' do with all that junk inside your trunk?
#81
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It's ok, still made a lot with them... :-)
#82
If AAPL is giving lower Q4 earnings, maybe there won't be an iPhone 5 until Q1 of 2013 (Oct.-Dec. 2012) or until next year (Q2 of 2013)?
Apple earnings:
Apple earnings:
Reporting third-quarter earnings after market close Tuesday, Apple reported a strong jump in earnings, but still missed estimates. The company posted net income of $8.8billion on revenue of $35 billion. Earnings per share were $9.32. Both numbers missed Wall Street estimates. Analysts surveyed by Thomson Reuters had been expecting Apple to post earnings per share of $10.36 on revenue of $37.2 billion.
Apple’s guidance for the fourth quarter also disappointed: The company forecast $7.65 a share for earnings on revenue of $34 billion. Analysts had been looking for $10.22 a share in earnings on revenue of $38 billion.
Apple said it sold 26 million iPhones for the quarter, up 28 percent from the year prior; 17 million iPads, up 84 percent; 4 million Macs, up 2 percent; and 6.8 million iPods, down 10 percent. Wall Street was expecting iPhone sales of 29 million units, iPad sales of 16 million units, Mac sales of 4.1 million units and iPod sales of 5.9 million units.
One bit of good news: Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012.
“We’re thrilled with record sales of 17 million iPads in the June quarter,” Apple CEO Tim Cook pointing to the lone highpoint in the company’s earnings release. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”
Apple shares are getting hammered in after-hours trading. At $570.05 they’re down more than 5 percent.
http://allthingsd.com/20120724/apple...er-not-a-beat/
Apple’s guidance for the fourth quarter also disappointed: The company forecast $7.65 a share for earnings on revenue of $34 billion. Analysts had been looking for $10.22 a share in earnings on revenue of $38 billion.
Apple said it sold 26 million iPhones for the quarter, up 28 percent from the year prior; 17 million iPads, up 84 percent; 4 million Macs, up 2 percent; and 6.8 million iPods, down 10 percent. Wall Street was expecting iPhone sales of 29 million units, iPad sales of 16 million units, Mac sales of 4.1 million units and iPod sales of 5.9 million units.
One bit of good news: Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012.
“We’re thrilled with record sales of 17 million iPads in the June quarter,” Apple CEO Tim Cook pointing to the lone highpoint in the company’s earnings release. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”
Apple shares are getting hammered in after-hours trading. At $570.05 they’re down more than 5 percent.
http://allthingsd.com/20120724/apple...er-not-a-beat/
#83
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I can see 4q being low tho. I mean what do they got? No new iPhone yet, no new iPods. Only the new iPad and the retina Mac. But I don't see sales blowing thru the roof for the macs
Anyways I'll get in at the lower price.
Anyways I'll get in at the lower price.
#84
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The 4S was in October. So I can see them releasing at the same time.
#85
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Time for Blackberry to take advantage.
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I dont get it thou, any other company that posts a 21% gain in income would have their stock soar. But with apple it tanks
#87
Chipotle Mexican Grill (NYSE: CMG) announced its earnings results on Thursday. The company reported $2.56 earnings per share for the quarter, beating the analysts' consensus estimate of $2.30 by $0.26. Chipotle Mexican Grill's revenue was up 20.9% compared to the same quarter last year.
On Tuesday the restaurant reported a 7% rise in EPS to 62 cents. Revenue jumped 30% to $238.7 million.
It's like the opposite of what you'd expect.
Last edited by AZuser; 07-24-2012 at 09:03 PM.
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#88
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yea its so
#89
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wait.. CMG is down?
been wanting to get in on that for a while
been wanting to get in on that for a while
#90
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So who got their $2.65/share?
I'll be getting 26.50...
Wish I put all my eggs into apple back when I first bought in, could've gotten myself like a 328i
I'll be getting 26.50...
Wish I put all my eggs into apple back when I first bought in, could've gotten myself like a 328i
#91
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Hawt damn! $662.87
#93
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Nooo!!!!
#95
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Apple has quietly created the world’s largest hedge fund worth $117 billion
http://finance.yahoo.com/news/apple-...143008110.html
http://finance.yahoo.com/news/apple-...143008110.html
Apple (AAPL) is not only the most profitable company in the world, but it also now owns the world’s largest hedge fund as well. Zero Hedge reports that Braeburn Capital, a Nevada-based asset management corporation that Apple founded specifically to manage its cash, now has more than $117 billion in assets under management, making it even larger than hedge fund giant Bridgewater that currently has around $100 billion in AUM.
As Zero Hedge notes, Apple has been very secretive about Braeburn’s investments and activities and has kept the company’s profile decidedly low since “Apple for now uses Braeburn primarily in its capacity to find legal tax loopholes all around the world and avoid paying taxes.” What’s more, Zero Hedge says that Braeburn exists in a sort of legal black hole where it has no reporting requirements and thus isn’t obligated to disclose to anyone what it owns. The website speculates that Braeburn could soon become much more well-known, however, as the government could soon turn its attention toward closing legal loopholes that have allowed hugely profitable companies to avoid paying taxes.
As Zero Hedge notes, Apple has been very secretive about Braeburn’s investments and activities and has kept the company’s profile decidedly low since “Apple for now uses Braeburn primarily in its capacity to find legal tax loopholes all around the world and avoid paying taxes.” What’s more, Zero Hedge says that Braeburn exists in a sort of legal black hole where it has no reporting requirements and thus isn’t obligated to disclose to anyone what it owns. The website speculates that Braeburn could soon become much more well-known, however, as the government could soon turn its attention toward closing legal loopholes that have allowed hugely profitable companies to avoid paying taxes.
#96
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6.5% off from its 52 week high
#97
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So, buy before earnings Thursday?
#98
But I did get back in. Bought 25 today at $616. Went from high of $705 on Sept 21 to $610 on Oct. 19.... down $95. Seems over-sold.
Hoping they beat , but a part of me can't help but think that since they reported lower-than-expected iPhone 4 sales last quarter, it will be the same this quarter too due to people waiting for iPhone 5. Not sure iPhone 5 sales will have made up difference.
Do iPhone 5 pre-orders count? I think they only count shipped orders.
I know they sold something like 7 million (2 million of which were pre-sale) iPhone 5's during first weekend, but I can't find any accurate info on how many shipped before quarter ended Sept. 30. Then there's the iPhone 5 supply constraint. Wonder how that will affect #s.
If Apple only shipped 26 million iPhones this past quarter, that's the same # as the previous quarter. Not good.
AT&T reports tomorrow. They supposedly sold 5 million iPhone 5's before quarter end.
On the plus side, sales of iPad, MBP, rMBP, MB Air, OS 10.8 should help #s
If they miss, will probably drop to $580-$590 levels like last quarter. If so, I'll pick up some more for Q1 2013 earnings. It should be a blowout 1st quarter. iPad, iPad mini, iPod touch/nano, new MBP's, iMac's, and Mac mini's should all sell well for Christmas.
AAPL sees Q4 EPS of $7.65. Analysts are expecting $8.85.
Hoping they beat , but a part of me can't help but think that since they reported lower-than-expected iPhone 4 sales last quarter, it will be the same this quarter too due to people waiting for iPhone 5. Not sure iPhone 5 sales will have made up difference.
Do iPhone 5 pre-orders count? I think they only count shipped orders.
I know they sold something like 7 million (2 million of which were pre-sale) iPhone 5's during first weekend, but I can't find any accurate info on how many shipped before quarter ended Sept. 30. Then there's the iPhone 5 supply constraint. Wonder how that will affect #s.
Verizon said on record that it had seen supply constraints for the iPhone 5 during the September-ending quarter.
After Verizon reported that it had made 650,000 iPhone 5 activations, Jefferies & Co. released a trimmed estimate for total iPhone 5 sales unit sales in the quarter, cutting its initial prediction of between 8 and 10 million to 5 million. “We had thought that Apple could recognize 8 to 10 million in iPhone 5 sales in Q3, but Verizon’s 650,000 implies that the number could be closer to 5 million,” Jefferies analyst Peter Misek said in a report.
Misek added that it appeared that the iPhone 4 and 4S had “made up for any iPhone 5 shortfall” and maintained his prediction of a total 26 million iPhone shipments for Apple in the quarter.
http://wallstcheatsheet.com/stocks/a...expected.html/
After Verizon reported that it had made 650,000 iPhone 5 activations, Jefferies & Co. released a trimmed estimate for total iPhone 5 sales unit sales in the quarter, cutting its initial prediction of between 8 and 10 million to 5 million. “We had thought that Apple could recognize 8 to 10 million in iPhone 5 sales in Q3, but Verizon’s 650,000 implies that the number could be closer to 5 million,” Jefferies analyst Peter Misek said in a report.
Misek added that it appeared that the iPhone 4 and 4S had “made up for any iPhone 5 shortfall” and maintained his prediction of a total 26 million iPhone shipments for Apple in the quarter.
http://wallstcheatsheet.com/stocks/a...expected.html/
AT&T reports tomorrow. They supposedly sold 5 million iPhone 5's before quarter end.
On the plus side, sales of iPad, MBP, rMBP, MB Air, OS 10.8 should help #s
If they miss, will probably drop to $580-$590 levels like last quarter. If so, I'll pick up some more for Q1 2013 earnings. It should be a blowout 1st quarter. iPad, iPad mini, iPod touch/nano, new MBP's, iMac's, and Mac mini's should all sell well for Christmas.
AAPL sees Q4 EPS of $7.65. Analysts are expecting $8.85.
Last edited by AZuser; 10-23-2012 at 11:52 PM.
#99
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too expensive for me to get more shares
#100
Damn. iPad sales possibly down for quarter.
Analyst expectations:
Number of iPads sold by Apple by quarter
Apple said it sold its 100 millionth iPad two weeks ago, two and a half years after the first model came out.
That means Apple has sold 16 million since June 30, when it last disclosed iPad sales. Apple is expected to get a boost with the release next month of a smaller iPad and an update to its full-sized one.
Here's the breakdown of iPad sales by quarter.
— 3.3 million in fiscal third quarter 2010 (through June 26); iPad went on sale April 3, 2010.
— 4.2 million in fiscal fourth quarter 2010 (through Sept. 25)
— 7.3 million in fiscal first quarter 2011 (through Dec. 25)
— 4.7 million in fiscal second quarter 2011 (through March 26); iPad 2 went on sale March 11, 2011.
— 9.3 million in fiscal third quarter 2011 (through June 25)
— 11.1 million in fiscal fourth quarter 2011 (through Sept. 24)
— 15.4 million in fiscal first quarter 2012 (through Dec. 31, 2011)
— 11.8 million in fiscal second quarter 2012 (through March 31, 2012); third-generation iPad went on sale March 16.
— 17 million in fiscal third quarter 2012 (through June 30, 2012).
— About 16 million from July to early October.
http://finance.yahoo.com/news/number...201153619.html
Apple said it sold its 100 millionth iPad two weeks ago, two and a half years after the first model came out.
That means Apple has sold 16 million since June 30, when it last disclosed iPad sales. Apple is expected to get a boost with the release next month of a smaller iPad and an update to its full-sized one.
Here's the breakdown of iPad sales by quarter.
— 3.3 million in fiscal third quarter 2010 (through June 26); iPad went on sale April 3, 2010.
— 4.2 million in fiscal fourth quarter 2010 (through Sept. 25)
— 7.3 million in fiscal first quarter 2011 (through Dec. 25)
— 4.7 million in fiscal second quarter 2011 (through March 26); iPad 2 went on sale March 11, 2011.
— 9.3 million in fiscal third quarter 2011 (through June 25)
— 11.1 million in fiscal fourth quarter 2011 (through Sept. 24)
— 15.4 million in fiscal first quarter 2012 (through Dec. 31, 2011)
— 11.8 million in fiscal second quarter 2012 (through March 31, 2012); third-generation iPad went on sale March 16.
— 17 million in fiscal third quarter 2012 (through June 30, 2012).
— About 16 million from July to early October.
http://finance.yahoo.com/news/number...201153619.html
Analyst expectations:
The Street's consensus put iPad sales at just under 17.6 million, while the consensus among the indies was for sales of 19.23 million, more than 9% higher.
The average estimate among all 61 analysts was 18.38 million. The median was 18.13 million.
http://tech.fortune.cnn.com/2012/10/...ast-quarter-3/
The average estimate among all 61 analysts was 18.38 million. The median was 18.13 million.
http://tech.fortune.cnn.com/2012/10/...ast-quarter-3/
Last edited by AZuser; 10-24-2012 at 02:43 AM.
#101
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good lord these analysts are really dumb. i mean seriously. you really expect apple to sell THAT many more iPads quarter after quarter?
when you get to such a large number sold per quarter, supply constraints and whatnot start taking into effect. Those chinese factory workers can only make so many iPads.
when you get to such a large number sold per quarter, supply constraints and whatnot start taking into effect. Those chinese factory workers can only make so many iPads.
#102
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and also no one was expecting an iPad 4 to be announced since its off their normal schedule. so i see no reason for sales to slow down due to a new model on the horizon.
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#104
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But I did get back in. Bought 25 today at $616. Went from high of $705 on Sept 21 to $610 on Oct. 19.... down $95. Seems over-sold.
Hoping they beat , but a part of me can't help but think that since they reported lower-than-expected iPhone 4 sales last quarter, it will be the same this quarter too due to people waiting for iPhone 5. Not sure iPhone 5 sales will have made up difference.
Do iPhone 5 pre-orders count? I think they only count shipped orders.
I know they sold something like 7 million (2 million of which were pre-sale) iPhone 5's during first weekend, but I can't find any accurate info on how many shipped before quarter ended Sept. 30. Then there's the iPhone 5 supply constraint. Wonder how that will affect #s.
If Apple only shipped 26 million iPhones this past quarter, that's the same # as the previous quarter. Not good.
AT&T reports tomorrow. They supposedly sold 5 million iPhone 5's before quarter end.
On the plus side, sales of iPad, MBP, rMBP, MB Air, OS 10.8 should help #s
If they miss, will probably drop to $580-$590 levels like last quarter. If so, I'll pick up some more for Q1 2013 earnings. It should be a blowout 1st quarter. iPad, iPad mini, iPod touch/nano, new MBP's, iMac's, and Mac mini's should all sell well for Christmas.
AAPL sees Q4 EPS of $7.65. Analysts are expecting $8.85.
Hoping they beat , but a part of me can't help but think that since they reported lower-than-expected iPhone 4 sales last quarter, it will be the same this quarter too due to people waiting for iPhone 5. Not sure iPhone 5 sales will have made up difference.
Do iPhone 5 pre-orders count? I think they only count shipped orders.
I know they sold something like 7 million (2 million of which were pre-sale) iPhone 5's during first weekend, but I can't find any accurate info on how many shipped before quarter ended Sept. 30. Then there's the iPhone 5 supply constraint. Wonder how that will affect #s.
If Apple only shipped 26 million iPhones this past quarter, that's the same # as the previous quarter. Not good.
AT&T reports tomorrow. They supposedly sold 5 million iPhone 5's before quarter end.
On the plus side, sales of iPad, MBP, rMBP, MB Air, OS 10.8 should help #s
If they miss, will probably drop to $580-$590 levels like last quarter. If so, I'll pick up some more for Q1 2013 earnings. It should be a blowout 1st quarter. iPad, iPad mini, iPod touch/nano, new MBP's, iMac's, and Mac mini's should all sell well for Christmas.
AAPL sees Q4 EPS of $7.65. Analysts are expecting $8.85.
AT&T sold 6.1 million smartphones in the third quarter, 1.3 million more than in the third quarter a year ago. Smartphones represented 81 percent of postpaid device sales. At the end of the quarter, 63.8 percent, or 44.5 million, of AT&T's postpaid subscribers had smartphones, up from 52.6 percent, or 36.1 million, a year earlier and up 1.4 milion from the second quarter. [...]
In the quarter, the company activated 4.7 million iPhones, with 18 percent new to AT&T. The company also had its best-ever sales quarter for Android and Windows smartphones.
In the quarter, the company activated 4.7 million iPhones, with 18 percent new to AT&T. The company also had its best-ever sales quarter for Android and Windows smartphones.
#105
24 hours....
#106
Trading halted.
Apple Reports Fourth Quarter Results
26.9 Million iPhones Sold; Record Fourth Quarter Revenue and Profit
Board Declares Quarterly Dividend of $2.65 per Common Share
Wonder where it will re-open at once halt is lifted. $570? $580?
Apple Reports Fourth Quarter Results
26.9 Million iPhones Sold; Record Fourth Quarter Revenue and Profit
Board Declares Quarterly Dividend of $2.65 per Common Share
The Company posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter.
The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.
Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.
For the current quarter the company forecasts $52 billion in revenue and $11.75 per share in profit, way, way below the consensus $55.15 billion and $15.59.
The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.
Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.
For the current quarter the company forecasts $52 billion in revenue and $11.75 per share in profit, way, way below the consensus $55.15 billion and $15.59.
Wonder where it will re-open at once halt is lifted. $570? $580?
Last edited by AZuser; 10-25-2012 at 03:48 PM.
#107
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Is that good/bad?
#108
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So didn't meet expectations...
#109
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Under 600
#111
Closed at $610. After hours low of $585.10
Put in limit order at $570. Should bounce tomorrow if it drops too much.
EDIT.... seems to be stabilizing. Back to $605
Put in limit order at $570. Should bounce tomorrow if it drops too much.
EDIT.... seems to be stabilizing. Back to $605
#112
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Well was under 600
#113
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Should've sold at 700 and put in a limit of $600 like I planned.
#114
And down we go...
$596.25 - Down $13.29 (2.18%)
F me.
$596.25 - Down $13.29 (2.18%)
F me.
#115
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F me too... I didn't think it would tank more today since after hours it recovered.
#116
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Still got a 10.5% gain right now at the new price I got back into apple with.
Sell sell sell? Or buy at the discounted price?
Sell sell sell? Or buy at the discounted price?
#117
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No bump in stock price from the latest earnings report is disturbing considering iPhone 5 was released. Lots of competition now from Google and Microsoft.
Last edited by doopstr; 10-26-2012 at 03:44 PM.
#118
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iPhone 5 was released like the last week if 4Q...
#120
$582.53 - Down $14.01 (2.35%)