Posts tagged apple earnings

Latest News: Apple Earnings

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcment
“The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices. Apple’s reputation as a luxury brand hasn’t dented its ability to put up better numbers even as many computer buyers gravitate toward cheaper options. Apple sold 8.7 million iPhones in the quarter, double what it sold in the same period the year before. And its sales of Macintosh computers rose 33 percent. But the 21 million iPods it sold marked an 8 percent decline.

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcement
SAN FRANCISCO (AP, Jordan Robertson) – Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly 50 percent jump in net income. The company offered no clues about what it plans to unveil Wednesday in San Francisco, although analysts expect the new product to be a tablet-style computer. CEO Steve Jobs indicated that investors should expect a significant event. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices.

Apple, IBM, earnings top estimates
High tech heavyweights Apple Inc. and IBM each reported better-than-expected earnings Monday..

Apple earnings soar 78%
Apple Inc. said Tuesday sales of its iPhone and new iPad tablet computer helped push third quarter net income up 78 per cent over the same period in 2009..

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Apple Earnings: Recent News

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcment
“The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices. Apple’s reputation as a luxury brand hasn’t dented its ability to put up better numbers even as many computer buyers gravitate toward cheaper options. Apple sold 8.7 million iPhones in the quarter, double what it sold in the same period the year before. And its sales of Macintosh computers rose 33 percent. But the 21 million iPods it sold marked an 8 percent decline.

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcement
SAN FRANCISCO (AP, Jordan Robertson) – Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly 50 percent jump in net income. The company offered no clues about what it plans to unveil Wednesday in San Francisco, although analysts expect the new product to be a tablet-style computer. CEO Steve Jobs indicated that investors should expect a significant event. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices.

Apple earnings soar 78%
Apple Inc. said Tuesday sales of its iPhone and new iPad tablet computer helped push third quarter net income up 78 per cent over the same period in 2009..

Apple Earnings up 50%
Helped by iPhone and Mac Sales, the Company Notches its Most Profitable Quarter Ever.

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Expect Apple to deliver another blowout quarter when it announces earnings this week… What’s going for Apple to have a huge earnings blowout–… Check out the article to learn more…

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Apple earnings jump on strong iPhone, iPad sales – MarketWatch
SAN FRANCISCO (MarketWatch) — Apple Inc. reported a sharp jump in earnings for its third fiscal quarter on Tuesday — blowing …

IBM Weighs on Stock Futures – Wall Street Journal
After IBM and Texas Instruments' disappointing earnings, the tech sector should get some good news from Apple's results after the bell. …

Apple, Microsoft in tight earnings race this week – Seattle Post Intelligencer (blog)
The two companies were very close in market cap leading up to Apple's earnings report today. As of 12:17 pm PDT, Microsoft's valuation was about $222.5 …

Live-Blogging Apple’s Earnings Call – Wall Street Journal (blog)
Apple posted revenue of $15.7 billion dollars for its most recent quarter, beating Wall Street analysts' estimates yet again. Earnings were up more than 77% …

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Estimates, shmestimates. Apple reported adjusted earnings of $3.33 per share, blowing past the consensus Wall Street…

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Apple Earnings: Breaking News Updates

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcment
“The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices. Apple’s reputation as a luxury brand hasn’t dented its ability to put up better numbers even as many computer buyers gravitate toward cheaper options. Apple sold 8.7 million iPhones in the quarter, double what it sold in the same period the year before. And its sales of Macintosh computers rose 33 percent. But the 21 million iPods it sold marked an 8 percent decline.

Apple Earnings Hit Record In Q4 2009, Apple Shares Up Big On Announcement
SAN FRANCISCO (AP, Jordan Robertson) – Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly 50 percent jump in net income. The company offered no clues about what it plans to unveil Wednesday in San Francisco, although analysts expect the new product to be a tablet-style computer. CEO Steve Jobs indicated that investors should expect a significant event. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about,” Jobs said in a statement. Apple also offered a profit and revenue forecast above Wall Street forecasts. The iPhone’s rollout in several major new markets, including China and South Korea, helped Apple double sales of the hot phone. Apple also got a boost because now it puts iPhone revenue and profit on its books when the gadget is sold, rather than deferring those results over the presumed life of the device. Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year. Apple’s report reflected the company’s ability to allure shoppers without deep cuts to its premium prices.

Computers lead Apple earnings
Apple is going into the unveiling of its new touch-screen tablet on a massive winning streak. Even as the economy struggles to get back on its feet, Steve Jobs’ company reported record revenue and profit for the last quarter. Apple’s fiscal first-quarter profit surged 50 percent to $3.4….

Apple Earnings up 50%
Helped by iPhone and Mac Sales, the Company Notches its Most Profitable Quarter Ever.

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With its profit up 50 percent and revenue up 32 percent from the same period a year ago, Apple handily beats expectations while adopting new accounting principles.   Read More

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Today’s Hot News Topics: Apple Earnings: Mac sales rise but!
The company appears to far exceed analysts expectations. Apple reported a net profit of $3.38 billion, $3.67 per share, with sales at $15.68 billion. Analysts at Wall Street have been expecting earnings of $2.07 per share from the $12.06 billion in sales.

Big Apple! Apple earnings jump 50 percent
Apple first quarter 2010 earnings soared past Wall Street expectations Monday, reporting earnings of $3.37 billion or $3.74 per share. –

Apple Earnings – Hot News @UsHotNews.Com
Earnings are expected to rise to $2.08 a share for the quarter, compared with $1.78 a share for the same period the previous year, according to consensus forecasts from Thomson Reuters. @BaruBuka.Com

Apple Earnings Rise 50% on Holiday Demand for Macs
Apple Inc. reported a 50 percent jump in first-quarter profit, buoyed by holiday orders for the Macintosh computer. Sales of the iPhone missed some analysts– estimates.

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