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Posts tagged with "earnings call"

Apple Q3 2011 Results: $28.57 Billion Revenue, 20.34 Million iPhones, 9.25 Million iPads, 3.95 Million Macs Sold

Apple has just posted their Q3 2011 financial results. The company posted record-breaking revenue of $28.57 billion, with 9.25 million iPads, 20.34 million iPhones and 3.95 million Macs sold. Apple reported record quarterly net profit of $7.31 billion, or $7.79 per diluted share. Wall Street consensus’ estimate was earnings of $5.80 per share and revenue of $24.92 billion. The company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share.

In Q2 2011, the company said they expected revenue of about $23 billion and diluted earnings per share of about $5.03 in the third fiscal quarter of 2011.

From the results, iPhone is growing 142% year over year, and with 9.25 million units sold the iPad saw a 183% increase over the year-ago quarter. Apple sold sold 7.54 million iPods with a 20% unit decline. The third quarter has been the best non-holiday Mac quarter ever, best iPhone quarter ever, best iPad quarter ever. There are now 28.7 million iPads out there, including 14 million units shipped this calendar year.

In Q2 2011, the company posted revenue of $24.67 billion with 4.69 million iPads, 18.65 million iPhones and 4.69 million Macs sold. In the year-ago quarter, Apple posted revenue of $15.7 billion and net quarterly profit of $3.25 billion. The company sold 3.47 million Macs, 8.4 million iPhones and 3.27 million iPads, which began selling during the quarter.

Apple will provide a live audio feed of its Q3 2011 conference call at 2:00 PM Pacific, and we’ll update this story with the conference highlights. Full press release is embedded after the break. Read more

Reminder: Apple’s Q3 Earnings Call Today – 5 PM ET

Later today, starting at 5:00 PM ET (2:00 PM PT) Apple will hold its Q3 2011 earnings call to reveal their financial results, shortly after the market closes. Apple will, as usual be offering an audio-only live stream of the call that will be available here. Meanwhile here at MacStories, we will be following the earnings call with a post covering it live – this will be a post continuously updated with notes from the call.

As for what today’s earnings call will bring, AllThingsD has an article this morning quoting a JP Morgan analyst who believes Apple will exceed expected earnings “by a lot”. It is also helpful to note that for the last 13 quarters, Apple has beaten analysts’ financial expectations – many expect Apple could do it again for this quarter’s results.

Earlier this month some (non-Wall Street) Apple analysts from The Mac Observer’s Finance Board expected (on average) for Apple to have sold around 17.6 million iPhones, 8.3 million iPads, 8.3 iPods and 4.3 million Macs. The same analysts believe Apple could have seen 69% year-over-year growth in Q3 2011.

Be sure to tune in at 5 PM ET for a full breakdown of the Q3 2011 financial results from Apple’s earnings call. For those in other time zones, the earnings call is at:

2:00 PM – San Francisco

6:00 PM – Rio de Janeiro

10:00 PM – London

11:00 PM – Rome

1:00 AM (Wed) – Moscow

5:00 AM (Wed) – Beijing

7:00 AM (Wed) – Sydney

9:00 AM (Wed) – Auckland

For all other time zones, click here.

Ahead Of Next Week’s Earnings Call, Analysts Predict High Mac, iPhone And iPad Sales

Ahead of next week’s earning call, there are two reports out today by analysts that paint a rosy picture of Mac, iPhone and iPad sales. The first report by Barclays Capital anaylst Ben Reitzes, claims that Apple is likely to exceed 22% growth in Mac computer shipments during the June quarter. This is despite US market data that has been less optimistic, but Reitzes suggests that overseas sales may compensate for the “somewhat muted” US sales due to the fact that many consumers are waiting for new MacBook Air models.

The second report from Brian White of Ticonderoga Securities included some revised figures and claims that Apple is likely to have sold a record of 8.5 million iPads and an impressive 17.53 million iPhones in the June quarter.

After our recent trip to Asia, we indicated that we felt our iPhone estimates for the June quarter were overly conservative, while our iPad projections were achievable and well above the Street.

Apple’s previous record for iPad sales was last years holiday quarter where they sold 7.3 million units. The iPhone sales according to White would be less than last-quarter’s record 18.65 units but still more than double the 8.4 million units Apple sold in the same quarter last year.

While many larger tech companies rely on more cyclical trends to grow sales, we believe Apple enjoys the tailwind of strong secular industry trends, hot new products and market share gain opportunities

[Via Barrons, AppleInsider]

Apple Q2 2011 Financial Results: $24.67 Billion Revenue, 4.69 Million iPads, 18.65 Million iPhones Sold

Apple has just posted their Q2 2011 financial results. The company posted revenue of $24.67 billion, with 4.69 million iPads sold, 18.65 million iPhones and 3.76 million Macs. Wall Street consensus estimate was EPS of $5.36 and revenue of $23.34B. Mac sales saw a 28% increase over the year-ago quarter, while with 9.02 million iPods sold Apple saw a 17% unit decline. Overall, the company posted quarterly revenue growth of 83% and profit growth of 95%. International sales were 59% for the quarter, with Asia and Pacific regions featuring a 182% increase year over year. The reported iPhone sales were stronger than expected by most analysts, with a 113% increase year over year. iPhone revenues, however, grew faster than sales with a 126% increase [source]. Overall, this was the biggest non-holiday quarter in Apple’s history.

With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO. “We will continue to innovate on all fronts throughout the remainder of the year.

In Q1 2011, the company posted a record revenue of $26.74 billion with 7.33 million iPads sold, 16.24 million iPhones and 4.13 million Macs. In the year-ago quarter, Apple posted revenue of $13.50 billion and net quarterly profit of $3.07 billion. The company sold 2.94 million Macs, 8.75 million iPhones and 10.89 million iPods during the quarter.

Apple will provide a live streaming audio feed of its Q2 2011 financial results conference call at 2:00 PM Pacific, and we’ll update this story with the conference highlights. Read more

Analysts and Bloggers Share Q1 2011 Predictions

With Apple’s financial results for Q1 2011 only a few hours away, Fortune has posted its usual chart of predictions from professional and amateur analysts regarding Apple’s sales for the last quarter. To give it a bit of context, in the last quarter (pre-holiday season) Apple sold 3.89 million Macs, 14.1 million iPhones, 4.19 million iPads, 9.05 million iPods. The company posted record revenue of $20.34 billion and net quarterly profit of $4.31 billion.

Looking at Fortune’s chart, it appears that most analysts are predicting revenue between $23 and $27 billion, 14 to 16 million iPhones sold and 6 to 7 million iPads sold. Horace Dediu from Asymco, for instance, is predicting $25.50 billion revenue, 16.16 million iPhones sold, 18.87 million iPods, 4.30 million Macs and 6 million iPads.

Official numbers will be provided by Apple later today. An audio-only webcast of the conference call will be available here.

Reminder: Apple Q1 Financial Results Today – 5 PM ET

Later today starting at 5:00 PM ET (2:00 PM PT) Apple will hold the Q1 2011 earnings call to announce their financial results, shortly after the markets close. An audio-only live streaming will be available at www.apple.com/quicktime/qtv/earningsq111/. We will offer a breakdown of the results and have a post in the homepage with continually updating notes from the earnings call.

Apple is expected to post blockbuster sales from the holiday season, with iPads and iPhones to lead and the new MacBook Airs to follow. In the last quarter, Apple posted record iPhone and Mac sales with 14.1 million iPhone sold, 3.89 million Macs and 4.19 million iPads.The company posted record revenue of $20.34 billion and net quarterly profit of $4.31 billion.

Apple CEO Steve Jobs announced yesterday that he’s taking another medical leave of absence to focus on his health.

Apple Announces Q1 2011 Conference Call For January 18

As noted by Setteb.it, Apple has scheduled its q1 2011 earnings call for January 18, 2011. The conference call will be streamed live on Apple’s website (audio-only) and a link to the webcast will be provided in the following weeks.

Apple plans to conduct a conference call to discuss financial results of its first fiscal quarter on Tuesday, January 18, 2011 at 2:00 p.m. PT. A link to the conference call webcast will be provided at a later date.

At the Q4 earnings call on October 18, Apple announced record sales for iPhones and iPads (14.1 million units and 4.19 million units, respectively), 3.89 million Macs sold and $20.34 billion revenue. At the conference call scheduled in January we’ll hear about the sales of the new MacBook Airs and iOS devices’ performances in the holiday season.

Will we get the chance to listen to Steve Jobs’ thoughts again? Who knows. We’re pretty sure it’s going to be fun and interesting anyway, and we’ll be here live discussing the results with you.