Apple beat its own guidance and set sales records for the quarter. Profit margin is crazy at 42%
They guided $8.68 per share on $34 billion and delivered $9.32 on $35 billion. Certainly not what people were hoping for, but they didn't miss their guidance.
Apple was right on the mark in their guidance for this quarter.
I guess they're better at running the Apple business than analysts are at running their business.
Now, tell me again. What do analysts do, and why should we care?
Good thing they'll soon be able to add that $2.5B settlement from Samsung to the bottom line.
Tomorrow Apple's serves are gonna get slammed harder than your mom last night.
Umm, no they didn't, at least not according to the article directly below this one:
Actual results: $35 Billion and profit of $8.8 billion. Pretty much bang on, slightly exceeding guidance.
They guided $8.68 per share on $34 billion and delivered $9.32 on $35 billion. Certainly not what people were hoping for, but they didn't miss their guidance.
Ouch. Quite a miss. 26 million iPhones was unexpected given the relatively strong sales of AT&T and Verizon. Based on their Q4 guidance, I don't think they will be releasing a new iPhone until October.
On the positive side, 17 million iPads was a "beat." Buying opportunity? The stock is off $33.
"We are also really looking forward to the amazing new products we’ve got in the pipeline." e.g. the iMac update in 2013, 2014 oder maybe 2015![]()
Spinning a little, aren't you?
Now, let's see. Analysts predicted Apple profits much more accurately than Apple did in all but two quarters in the last 10 years. Apple consistently underestimated them. Would you say that Apple guys are absolutely lousy at running their business?
Ouch. Quite a miss. 26 million iPhones was unexpected given the relatively strong sales of AT&T and Verizon. Based on their Q4 guidance, I don't think they will be releasing a new iPhone until October.
On the positive side, 17 million iPads was a "beat." Buying opportunity? The stock is off $33.
Spinning a little, aren't you?
Now, let's see. Analysts predicted Apple profits much more accurately than Apple did in all but two quarters in the last 10 years. Apple consistently underestimated them. Would you say that Apple guys are absolutely lousy at running their business?
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I'd say this profit miss explains why Apple wants so much money from Samsung. It's very unlikely they are going to get any though.
Again, THEY DIDN'T MISS!
Being "bang on" is a disappointment considering how very conservative Apple's guidance usually is. And the shares are valued generally on market expectations and Apple woefully underperformed so the shares fall back to the current reality.
That's amazing.
Again, THEY DIDN'T MISS! Good lord, if you're going to try and criticize at least get it right, they missed analyst expectations but the actual guidance target they slightly exceeded. As for Apple guidance versus analyst predictions there's a key difference between those two figures:
Apple issue guidance at the start of the quarter with very little actual sales data.
Analysts issue their guesses, oops sorry, predictions at the end of the quarter with considerable sales data.
Hmm, can't imagine why Analyst numbers tend to be close to the actual results, nope, not even a little.
The awkward moment when the "Other" category is higher than iPod sales....
Apple missed their declared earnings they predicted. That's the story. I don't know MR chose not to report this.
Apple missed their declared earnings they predicted. That's the story. I don't know MR chose not to report this.