Apple: What you gon' do with all that junk inside your trunk?
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At&t sold 43% less iPhones the past quarter...
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It's up 5% now. Guess earnings was good?
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Apple Reports Results for Q2 2012: $11.6 Billion Profit on $39.2 Billion in Revenue
Apr 24, 2012 1:35 pm PDT by Jordan Golson
Apple today announced financial results for the first calendar quarter of 2012 and second fiscal quarter of 2012. For the quarter, Apple posted revenue of $39.2 billion and net quarterly profit of $11.6 billion, or $12.30 per diluted share, compared to revenue of $24.67 billion and net quarterly profit of $5.99 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent, compared to 41.4 percent in the year-ago quarter, and international sales accounted for 64 percent of the quarter's revenue. Apple's quarterly profit and revenue were both company records for the March quarter.
Quarterly iPhone unit sales reached 35.1 million, up 88 percent from the year-ago quarter, and the company sold 11.8 million iPads during the quarter, up 151 percent year-over-year. Apple sold 4 million Macintosh computers during the quarter, a unit increase of 7 percent over the year-ago quarter. The company sold 7.7 million iPods, representing 15 percent unit decline year-over-year.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”
Apple's guidance for the third quarter of fiscal 2012 includes expected revenue of $34 billion and earnings per diluted share of $8.68.
Apple will provide live streaming of its Q2 2012 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.
Apr 24, 2012 1:35 pm PDT by Jordan Golson
Apple today announced financial results for the first calendar quarter of 2012 and second fiscal quarter of 2012. For the quarter, Apple posted revenue of $39.2 billion and net quarterly profit of $11.6 billion, or $12.30 per diluted share, compared to revenue of $24.67 billion and net quarterly profit of $5.99 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent, compared to 41.4 percent in the year-ago quarter, and international sales accounted for 64 percent of the quarter's revenue. Apple's quarterly profit and revenue were both company records for the March quarter.
Quarterly iPhone unit sales reached 35.1 million, up 88 percent from the year-ago quarter, and the company sold 11.8 million iPads during the quarter, up 151 percent year-over-year. Apple sold 4 million Macintosh computers during the quarter, a unit increase of 7 percent over the year-ago quarter. The company sold 7.7 million iPods, representing 15 percent unit decline year-over-year.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”
Apple's guidance for the third quarter of fiscal 2012 includes expected revenue of $34 billion and earnings per diluted share of $8.68.
Apple will provide live streaming of its Q2 2012 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.
Shouldve bought more before the bell...
#45
up $42 to $602.
imj0257 should have bought at $556.
imj0257 should have bought at $556.
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#48
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Didn't you put a limit order?
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#51
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Damn, I just set mine for good till executed or I cancel it myself
#52
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http://blogs.barrons.com/focusonfund...d=yahoobarrons
Market check: Apple’s (AAPL) premarket gains are pointing to what would be the biggest impact ever on the S&P 500, writes Standard & Poor’s index analyst Howard Silverblatt, based on limited historical data. The gains translate to roughly 5 points in the S&P 500, or 0.39%. Meanwhile, that crunching sound you hear is the short squeeze among short-term traders who bet against the stock.
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Holy crap, up nearly 10%!!!!
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#57
AAPL down big today. A buying opportunity. You snooze, you lose.
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Yea down almost 3%!
Why?
Why?
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It really was "you snooze you lose"
#60
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You couldve sold before the drop...
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#65
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Unable to hold $600 after the big earnings pop was a big red flag for me. I'll try to get back in sometime before iPhone 5.
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the djia and nasdaq are both down like 5-6% since april or so.
everyone is worried about greece and whatnot.
they had great earnings, but events in the world can just drag stocks down.
everyone is worried about greece and whatnot.
they had great earnings, but events in the world can just drag stocks down.
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id take this opportunity to buy a stock on the cheap.
#68
down a little over $100 from its 52 week high.
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Took profit this morning.
Actually, sold all my stocks.
Actually, sold all my stocks.
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Damn, up nearly 4.5%.
Should've bought back in in friday.
Definitely want to get back in on this after FB...
Should've bought back in in friday.
Definitely want to get back in on this after FB...
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Just like how they dumped AAPL to get FB?
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Why did I sell my apple stock
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I was going to put in a limit order for AAPL too.. I was think 525, doubt I wouldve gotten it anyways.
#76
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#78
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i knew i shouldve bought into yelp after WWDC.. wouldve gained like 25%. ohh well i snooze i lose.
btw Q3 2012 earnings on July 24th for AAPL.
btw Q3 2012 earnings on July 24th for AAPL.
#79
AAPL is up big again
$612.18 - up $12.77 (2.13%)
$612.18 - up $12.77 (2.13%)
#80
AAPL getting slammed AH
After Hours: $572.11 - Down $28.81 (4.79%)
AH low of $565 (so far) - http://www.nasdaq.com/symbol/aapl/after-hours
AAPL sees Q4 eps of $7.65 vs $10.xx and revenue about $3B-$4B below estimates. Not good.
Good chance to pick some up at a lower price point.
Also,
After Hours: $572.11 - Down $28.81 (4.79%)
AH low of $565 (so far) - http://www.nasdaq.com/symbol/aapl/after-hours
Apple Inc. reported a strong jump in earnings for its third fiscal quarter on Tuesday, but the company missed Wall Street's expectations for the period on lower-than-expected sales of the iPhone.
For the quarter ended June 30, Apple reported net income of $8.8 billion, or $9.32 per share, compared to net income of $7.3 million, or $7.79 per share, for the same period the previous year. Revenue jumped nearly 23% to $35 billion. Analysts were expecting earnings of $10.35 per share on revenue of $37.2 billion, according to consensus estimates from FactSet. Apple said it shipped 26 million iPhones during the quarter and 17 million iPads. Mac shipments were 4 million units.
For the quarter ended June 30, Apple reported net income of $8.8 billion, or $9.32 per share, compared to net income of $7.3 million, or $7.79 per share, for the same period the previous year. Revenue jumped nearly 23% to $35 billion. Analysts were expecting earnings of $10.35 per share on revenue of $37.2 billion, according to consensus estimates from FactSet. Apple said it shipped 26 million iPhones during the quarter and 17 million iPads. Mac shipments were 4 million units.
Although Apple’s sales and earnings fell short of estimates on Tuesday, the bigger news could be the company’s weak forecast for the current quarter.
The company predicted a further drop in sales and earnings in the current quarter, with revenue of about $34 billion and per-share earnings of $7.65, both figures way below what Wall Street had been anticipating.
Apple is known for its conservative guidance, but the numbers are even low by Apple standards.
The company predicted a further drop in sales and earnings in the current quarter, with revenue of about $34 billion and per-share earnings of $7.65, both figures way below what Wall Street had been anticipating.
Apple is known for its conservative guidance, but the numbers are even low by Apple standards.
Also,
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.
Last edited by AZuser; 07-24-2012 at 03:51 PM.