Tag Archives: financial results

Apple reports 2012 Q4 earnings: $8.2b profit, $36b revenue, Macs up 1%, iPhones up 58%, iPads up 26%, iPods down 19%

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On Thursday Apple reported its fourth quarter financial results, and it’s another record-breaker for the company. Apple posted a $8.2 billion profit on $36 billion in revenue. Compare this to one year ago, that’s up from a profit of $6.62 billion on $28.72 billion in revenue. Says CEO Tim Cook: “We’re very proud to end a fantastic fiscal year with record September quarter results. We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

Now let’s break it down by product category. Apple sold 4.9 million Macs during the quarter (representing a 1 percent unit increase over the year-ago quarter); 26.9 million iPhones (representing an 58 percent unit growth); 14 million iPads (representing a 26 percent unit growth); and 5.3 million iPods (representing an 19 percent unit decline). Their “hobby” known as Apple TV sold 1.3 million units generating revenue that Cook admits is “quite small” but he is still dedicated to the streaming product.

Looking ahead to the first fiscal quarter of 2013, Apple CFO Peter Oppenheimer expects revenue of about $52 billion and diluted earnings per share of about $11.75.

[Via Apple; Engadget]

Apple reports 2012 Q3 earnings: $8.8b profit, $35b revenue, Macs up 2%, iPhones up 28%, iPads up 84%, iPods down 10%

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On Tuesday Apple reported its third quarter financial results, and while this wasn’t a typical record-setting quarter, it was one the company still remains confident about. Apple posted a $8.8 billion profit on $35 billion in revenue.  Compare this to one year ago, that’s up from a profit of $7.3 billion on $28.6 billion in revenue.  Says CEO Tim Cook: “We’re thrilled with record sales of 17 million iPads in the June quarter. 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.”

Now let’s break it down by product category.  Apple sold 4 million Macs during the quarter (representing a 2 percent unit increase over the year-ago quarter); 26 million iPhones (representing an 28 percent unit growth); 17 million iPads (representing a 84 percent unit growth); and 6.8 million iPods (representing an 10 percent unit decline).

Looking ahead to the fourth quarter, Apple CFO Peter Oppenheimer expects revenue of about $34 billion and diluted earnings per share of about $7.65.

[Via Apple]

Apple reports 2012 Q2 earnings: $11.6b profit, $39.2b revenue, Macs up 7%, iPhones up 88%, iPads up 151%, iPods down 15%

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On Tuesday Apple reported record March quarter results and they go like this. Apple posted a $11.6 billion profit on $39.2 billion in revenue.  Compare this to one year ago, that’s up from a profit of $6.0 billion on $24.7 billion in revenue.  Says CEO Tim Cook: “We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. 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.”

Now let’s break it down by product category.  Apple sold 4 million Macs during the quarter (representing a 7 percent unit increase over the year-ago quarter); 35.1 million iPhones (representing an 88 percent unit growth); an impressive 11.8 million iPads (representing a 151 percent unit growth); and 7.7 million iPods (representing an 15 percent unit decline).

Following this announcement, Apple stock (AAPL) jumped significantly to $610 (a +50 increase), just surpassing Google’s stock that was at $609 that day. Today APPL has cooled down a bit and rests at $603 and Google has taken the lead once more and holds steady at $614.98.

Looking ahead to the third quarter, Apple CFO Peter Oppenheimer expects revenue of about $34 billion and diluted earnings per share of about $8.68.

[Via Apple]

Apple reports 2012 Q1 earnings: $13.06b profit, $46.33b revenue, Macs up 26%, iPhones up 128%, iPads up 111%, iPods down 21%

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Apple’s 2012 first quarter financial results are in and it’s reporting record breaking numbers here including highest quarterly revenue and earnings ever and all-time record sales for the Mac, iPhone, and iPad. Apple posted a $13.06 billion profit on $46.33 billion in revenue.  Compare this to one year ago, that’s up from a profit of $6 billion on $26.74 billion in revenue.  Says CEO Tim Cook: “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Now let’s break it down by product category.  Apple sold 5.2 million Macs during the quarter (representing a 26 percent unit increase over the year-ago quarter); an impressive 37.04 million iPhones (representing a 128 percent unit growth); 15.43 million iPads (representing a 111 percent unit growth); and 15.4 million iPods (representing an 21 percent unit decline).

Other interesting facts to come out of the earnings call… Apple sold 1.4 million units of Apple TV, its designated “hobby” in the TV space; the company’s latest effort to revolutionize the education market has started off strong seeing over 600,000 downloads of iBooks Author from the Mac App Store; there are currently over 85 million people using Apple’s iCloud services; and CEO Tim Cook admitted this: “There is cannibalization of the Mac by the iPad, but we think there’s more cannibalization of Windows PCs by the iPad – we love that trend.” Oh snap, indeed.

Looking ahead to the second quarter, Apple CFO Peter Oppenheimer expects revenue of about $32.5 billion and diluted earnings per share of about $8.50.

[Via Apple; Engadget 1, 2, 3, 4]

Apple reports 2011 Q1 earnings: $6b profit, Macs up 23%, iPhones up 86%, iPods down 7%, iPad…

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Apple’s first quarter financial results are in!  And it’s another record-breaking quarter for Jobs & co.  Number crunching time.  Apple posted a $6 billion profit on $26.74 billion in revenue.  Compare this to one year ago, that’s up from a profit of $3.38 billion on $15.68 billion in revenue.  Says CEO Steve Jobs: “We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales. We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.”

Now let’s break it down by product category.  Apple sold 4.13 million Macs during the quarter (representing a 23 percent unit increase over the year-ago quarter); 16.24 million iPhones (representing a 86 percent unit growth); and 19.45 million iPods (representing an 7 percent unit decline).  This is the second quarter that includes iPad sales, and how did they do?  7.33 million iPads were sold and that’s way up from the total sold last quarter (3.27 million, in case you’re wondering).

Looking ahead to the second quarter, Apple CFO Peter Oppenheimer expects revenue of about $22 billion and diluted earnings per share of about $4.90.

Unfortunately the earnings call administered by Oppenheimer and COO Tim Cook did not shed light on the health of Steve Jobs who decided to take a medical leave of absence from the company yesterday.  However, the call did bring to light an interesting news bite.  Cook spilled that Apple has invested a ton of money to secure a “very strategic” component for its products.  Though he failed to mention the mystery component, most sources are pinpointing it on the development of extremely high-resolution displays for future iterations of the iPhone and iPad.

Also during the call, Cook commented on iPad’s competitors.  “If you look at what’s out there today, there’s not much,” said Cook. “There’s the ones that use Windows, they’re generally big and heavy and expensive. They have weak battery life, they require a keyboard or a stylus as an input device, customers are frankly just not interested in them. Then you have Android tablets, and the varieties that are out shipping today, their operating system wasn’t designed for tablets. Google has said this, this isn’t just Apple saying this. That means you have the size of a tablet that just isn’t reasonable for what we call a ‘real tablet experience.’ That’s just a scaled-up smartphone, which is a bizarre product category. If you do a side-by-side with an iPad, you’ll pick an iPad.”  He went on to uphold Job’s stance on Android from last quarter’s call: “We firmly believe that our integrated approach is better than the fragmented approach.”

[Via Apple; Engadget, here & here]