Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Reports Q3 2015 Earnings of $10.7B on $49.6B Revenue: 47.5M iPhones, 10.9M iPads, 4.8M Macs
- Thread starter MacRumors
- Start date
- Sort by reaction score
In the laptop market segment, sales are down, except for the MacBook line. MacBook sales have actually increased.
Even if every person on Earth has a smartphone... they will have to buy another smartphone at some point.
A person might buy a smartphone once every two years... but people buy smartphones every day. So as long as Apple has something for sale... someone will be there to buy it.
Smartphone growth may slow or even stop... but smartphone sales will continue for a long time.
Or at least until the next thing takes over (smartwatch, chip implant in brain)
http://www.fool.com/investing/general/2013/11/14/stupid-things-finance-people-say.aspx
"Earnings missed estimates."
No. Earnings don't miss estimates; estimates miss earnings. No one ever says "the weather missed estimates." They blame the weatherman for getting it wrong. Finance is the only industry where people blame their poor forecasting skills on reality.
They're doomed, i say, DOOMED!!
Apple’s profit in the quarter rose to $10.7 billion from $7.74 billion in the year-ago period. Revenue jumped 33% to $49.61 billion.
Gross margin—a closely watched measure of profitability reflecting the percentage of revenue that remains after manufacturing costs—was 39.7%, above its estimated range of 38.5% to 39.5%.--WSJ
Short sellers are making out like bandits over fake "negative" news.
We've had "Bendgate", "Antennagate", "Electrocutiongate", and now "Revenuegate". All the -gates resulted in short term drops in stock price. I'm going to say it again: The SEC should investigate the drops in AAPL's stock price resulting from fake negative news stories.
Apple’s profit in the quarter rose to $10.7 billion from $7.74 billion in the year-ago period. Revenue jumped 33% to $49.61 billion.
Gross margin—a closely watched measure of profitability reflecting the percentage of revenue that remains after manufacturing costs—was 39.7%, above its estimated range of 38.5% to 39.5%.--WSJ
Short sellers are making out like bandits over fake "negative" news.
We've had "Bendgate", "Antennagate", "Electrocutiongate", and now "Revenuegate". All the -gates resulted in short term drops in stock price. I'm going to say it again: The SEC should investigate the drops in AAPL's stock price resulting from fake negative news stories.
not sure why you guys are getting so worked up over how "Wall Street is out to get Apple".
Apple seems bizarrely undervalued in this market, but I also think MS has a lot of room on the upside. They're going through some turmoil right now, but I think the changes they're making are all for the best.
No wonder why their computers have sucked lately.... the money isn't in computers I guess.
With numbers like that, they better have a spectacular back to school special this year... I'm sure they will...
Um, I'm confused (but charts always mess with my head):
One chart shows more Mac than iPad sales. The other shows the opposite. At any rate, I am glad Macs are still selling and I hope that the new iMacs and perhaps another computer will be released before October.
One chart shows more Mac than iPad sales. The other shows the opposite. At any rate, I am glad Macs are still selling and I hope that the new iMacs and perhaps another computer will be released before October.
I looked later and that spike back to where it was was gone. Now it shows it's down about 7% and never went back up. Oh we'll. it'll be back. It's up over 200% in two years.
I don't trade Apple stock I own it.Knew it like you shorted the stock and are now obscenely wealthy knew it?
Apple today announced financial results for the third fiscal quarter and second calendar quarter of 2015. For the quarter, Apple posted revenue of $49.6 billion and net quarterly profit of $10.7 billion, or $1.85 per diluted share, compared to revenue of $37.4 billion and net quarterly profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 39.7 percent compared to 39.4 percent in the year-ago quarter, with international sales accounting for 64 percent of revenue. Apple also declared an upcoming dividend payment of $0.52 per share, payable on August 13 to shareholders of record as of August 10. The company currently holds $202.8 billion in cash and marketable securities.
Apple sold 47.5 million iPhones during the quarter, up from 35.2 million a year earlier, while Mac sales registered 4.8 million units, up from 4.4 million units in the year-ago quarter. iPad sales continued to decline, however, falling to 10.9 million from 13.3 million.Apple's guidance for the fourth quarter of fiscal 2015 includes expected revenue of $49-51 billion and gross margin between 38.5 and 39.5 percent.
Apple will provide live streaming of its fiscal Q3 2015 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.
Click here to read rest of article...
Article Link: Apple Reports Q3 2015 Earnings of $10.7B on $49.6B Revenue: 47.5M iPhones, 10.9M iPads, 4.8M Macs
Apple today announced financial results for the third fiscal quarter and second calendar quarter of 2015. For the quarter, Apple posted revenue of $49.6 billion and net quarterly profit of $10.7 billion, or $1.85 per diluted share, compared to revenue of $37.4 billion and net quarterly profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 39.7 percent compared to 39.4 percent in the year-ago quarter, with international sales accounting for 64 percent of revenue. Apple also declared an upcoming dividend payment of $0.52 per share, payable on August 13 to shareholders of record as of August 10. The company currently holds $202.8 billion in cash and marketable securities.
Apple sold 47.5 million iPhones during the quarter, up from 35.2 million a year earlier, while Mac sales registered 4.8 million units, up from 4.4 million units in the year-ago quarter. iPad sales continued to decline, however, falling to 10.9 million from 13.3 million.Apple's guidance for the fourth quarter of fiscal 2015 includes expected revenue of $49-51 billion and gross margin between 38.5 and 39.5 percent.
Apple will provide live streaming of its fiscal Q3 2015 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.
Click here to read rest of article...
Article Link: Apple Reports Q3 2015 Earnings of $10.7B on $49.6B Revenue: 47.5M iPhones, 10.9M iPads, 4.8M Macs
And as a result of this performance, the world's financial markets passed the following love note to Timmy and his team,,,,Today's close $ 130.75.... After reporting this 'stellar' performance - $121.80 down almost $10 dollars which wiped almost $ 100 BILLION DOLLARS off the Apple value number and yanked a 6-figure chuck out of my pocket. Timmy needs to have someone else write the message that actully talks to the money managers of the world...
He is getting it from bad math. After all what is a few dozen billions difference here or there? Why not just round up to 100 billion. Certainly if the initial aftermarket drop in price is indicative, Apple's market cap did drop over $50 billion. That certainly rounds to almost $100 billion? Right? That seems fair.
Time to focus on the Mac again, like an updated 27" Cinema Display and a $1500-2000 desktop machine in the Mac Pro form factor.
Not saying that that won't happen, but iPhone sales are accelerating. What kind of evidence is there that that moment of a slowdown is imminent? Especially if you factor in that there are many markets and demographics that Apple doesn't sell in yet. We are nowhere near a saturation point for smartphones if you look at the entire planet.
