Apple Expected to Report Best Quarter in Company History

[MacRumors]

Apple will report its earnings results for the fourth quarter of 2021 on Thursday, and it could be the best quarter in the company's history.

Wall Street analysts on average estimate that Apple will report revenue of $118.3 billion for the quarter, according to Yahoo Finance. This figure would be an all-time quarterly revenue record for Apple, topping the $111.4 billion that it earned in the year-ago quarter.

New products on sale during the fourth quarter included iPhone 13 models, Apple Watch Series 7 models, the sixth-generation iPad mini, the ninth-generation iPad, third-generation AirPods, and redesigned 14-inch and 16-inch MacBook Pro models. Apple also made the HomePod mini available in three new colors and released a polishing cloth.

Apple has reported strong earnings results throughout the pandemic, as its devices and services have been in especially high demand as more people have worked, learned, and connected with others remotely over the last two years.

Apple will report its earnings results on Thursday at 1:30 p.m. Pacific Time. A conference call with Apple's CEO Tim Cook and CFO Luca Maestri will follow at 2:00 p.m. Pacific Time. As usual during the pandemic, Apple did not provide its own guidance for the quarter.

Article Link: Apple Expected to Report Best Quarter in Company History

 

[Justin Cymbal]

I’m looking forward to this quarter’s results- I think they’re definitely going to have a great quarter from their iPhone & Mac sales and services will probably have a huge increase over last year

I bought a lot of Apple stock in my IRA a few years ago and have been continuously purchasing more shares every time the stock goes down

 

[TheYayAreaLiving 🎗️]

Well, deserve! Get ready to get blown away by how much profit and revenue Apple made.

May forget how to count the numbers. It’s 2022, Apple is definitely not doomed.

 

[richman555]

Also Apple finally fixed up the Apple TV remote in the 4th quarter. Coincidence? I think not!

 

[Isengardtom]

Those polishing cloth sales are going to put it over the edge

 

[iDento]

Apple is doomed, next fall... right when they'll release M2.

 

[thevofl]

And I thought they were gonna be brought down by the notch on the iPhone and the MacBook Pro.

 

[now i see it]

So the new spaceship campus wasn’t needed after all. I wonder if it should have been included in the “Apple questionable products thread”?

 

[I7guy]

With all of this legal stuff swirling around Apple, it shows people are voting with their $$$.

 

[wdfly]

in a word, inflation. Inflation contributed to this, no doubt, however the larger illustration is there is room to reduce prices which would help more people be able to afford their devices.

 

[44267547]

in a word, inflation. Inflation contributed to this, no doubt, however the larger illustration is there is room to reduce prices which would help more people be able to afford their devices.

So what devices they should reduce the prices on? Apple works very strict on margins, so where do you think they should cut prices, so people can “afford”
them?

If Apple is setting records through sales, why would they need to reduce the prices on their products?

 

[applicious84]

best quarter ever!

 

[Shanghaichica]

Apple just keep winning.

 

[GMShadow]

in a word, inflation. Inflation contributed to this, no doubt, however the larger illustration is there is room to reduce prices which would help more people be able to afford their devices.

Top end revenue =\= profit.

The profit will be interesting here, as they've been facing significant headwinds in supply chain costs.

 

[MisterK]

I was sure Apple was going to be be feeling the effects of a broader bad December retail quarter, the chip supply shortage, and waning need for new machines this late into the pandemic (I thought most would have bought before the quarter). I hope they beat (at least my) expectations again. Good on them if this is true.

 

[sw1tcher]

AAPL to $3 trillion market cap (again)? ?

 

[Mr. Dee]

The stock took a hit over the past couple of weeks. So, hoping to see the effects of this in Robinhood.

 

[BootsWalking]

By definition all growing companies are posting their best quarter ever in YoY terms.

 

[PC_tech]

And I thought they were gonna be brought down by the notch on the iPhone and the MacBook Pro.

Brought down a notch by the…notch! ??????

 

[TechRunner]

Given how much money they didn't make thanks to supply chain constraints, having their best quarter ever would really be something.

 

[_Spinn_]

Amazing that Apple continues to improve on their past results.

 

[jayducharme]

I can't recall the last time Apple DIDN'T post their best quarter ever. I assume the trend has to end at some point, but right now the company looks invincible.

 

[Cosmosent]

Jeffrey Kaval, Toni Sacconaghi, Dan Niles, & Rod Hall, appear to have the best handle on Apple !

Munster, Ives, Huberty, & Cramer, are ALL simply AAPL Cheerleaders, i.e., "the AAPL Band of Four".

 

[Hoyboy]

So what devices they should reduce the prices on? Apple works very strict on margins, so where do you think they should cut prices, so people can “afford”
them?

If Apple is setting records through sales, why would they need to reduce the prices on their products?

Where did the OP say that Apple needed to reduce prices?

 

[DocMultimedia]

Hopefully enough to get the stock to at least not crash as much as the rest of the tech sector. I've got some IBM and they did great in their call yesterday. Almost the only stock up today.