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Latest News

Notes of interest from Apple's Q2 2016 conference call

Calling it a "busy and challenging quarter," Apple Chief Executive Tim Cook gave commentary and fielded questions on his company's fiscal 2016 second quarter. Notes of interest from the call with investors and the media follow.

AppleInsider Staff 10 years ago 39

Apple adds $50B to capital return program, increases quarterly dividend by 10%

In announcing its first quarterly revenue decline in 13 years, Apple on Tuesday said it will infuse another $50 billion into an ongoing capital return program, a move that comes with a $35 billion boost to the company's share repurchase initiative.

AppleInsider Staff 10 years ago 23

iPhone sales fall to 51.2M, Apple earns $50.6B in revenue in disappointing March quarter

Apple's second fiscal quarter of 2016 officially marks the first time ever that iPhone sales saw a year-over-year decline, as the company shipped 51.2 million handsets on its way to $50.6 billion in total sales.

Neil Hughes 10 years ago 163
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Apple by itself earns +40% of the profits of Silicon Valley's top 150 companies

While the world waits to see just how many iPhones, iPads and Macs Apple sold in the March quarter, a report on the top 150 firms in California's Silicon Valley shows that Apple earned more than 40 percent of the region's total profits in 2015, and its revenues grew 2.5x as fast as its peers year over year.

Daniel Eran Dilger 10 years ago 17

A look inside Apple ahead of its Q2 2016 earnings report

Apple — the world's most profitable public company — is a day away from releasing its March quarter earnings. That means that while the company itself is in an official quiet period, everyone else is free to publish false and misleading information about it. Let's take a look at some of the worst fallacies.

Daniel Eran Dilger 10 years ago 41

Apple reschedules Q2 2016 earnings conference call to April 26 [u]

In an update to its website on Wednesday, Apple quietly pushed back its quarterly earnings conference call for the second quarter of 2016 by one day to Tuesday, April 26.

AppleInsider Staff 10 years ago 18

Piper Jaffray: Apple saw massive 60% gross margin on services in 2015, to grow in 2017

Pulling data from Apple's December 2015 earnings report, investment bank Piper Jaffray estimates gross margins on the company's rarely discussed services business could be above 60 percent. And that figure is expected to grow.

Mikey Campbell 10 years ago 20

Brean Capital believes iPhone sales will fall to 216M this year, return to growth in 2017

Though the firm remains bullish on Apple, Brean Capital believes Apple will see total iPhone sales for 2016 drop by 16 million units, amidst a slowing smartphone market.

Neil Hughes 10 years ago 14

Cowen upgrades Apple to 'outperform,' envisions OLED iPhones with new form factors

Cowen and Company upgraded its outlook on AAPL stock to "outperform" on Wednesday with a $135 price target, telling investors it believes Apple will return to growth with this fall's "iPhone 7" and beyond.

Neil Hughes 10 years ago 11

Apple to reveal fiscal Q2 2016 earnings on April 25

Apple on Monday announced an upcoming earnings conference call covering the second fiscal quarter of 2016, a period expected to see the first year-over-year iPhone sales contraction ever.

AppleInsider Staff 10 years ago 7

Apple issues $3.5B three-part bond in return to US market

Apple this week issued a $3.5 billion, U.S. dollar-denominated bond to pay for its capital return program, outstanding debt, acquisitions and other operational expenses, according to a Securities and Exchange Commission filing.

AppleInsider Staff 10 years ago 6

'iPhone SE' predicted to be a hit with Apple upgraders, selling up to 15M per year

While larger iPhones have driven sales among switchers, a new 4-inch iPhone is likely to drive upgrades among existing Apple users, to the tune of up to 15 million units per year, one analyst believes.

Neil Hughes 10 years ago 28

'iPhone SE' rumors spark hopes that Apple will continue to sell iPhone 5s at $350 or less

Analysts on Wall Street expect the new 4-inch "iPhone SE" may be priced at $450, taking the place of the entry-level iPhone 5s. But if Apple were to keep the iPhone 5s around at a cheaper price, it could allow the company to tap into new markets.

Neil Hughes 10 years ago 54

New 4-inch iPhone expected to add $5.5 billion in sales for Apple

Outlook from Apple's supply chain has prompted investment firm RBC Capital Markets to forecast that the anticipated new 4-inch iPhone will net 10 million additional handset sales this year.

Neil Hughes 10 years ago 54

EU antitrust chief: 'don't hold your breath' for results of Apple-Ireland tax audit

The European Commission is unlikely to rule on the legality of Apple's tax arrangement with the Irish government any time in the near future, the EU's lead antitrust watchdog said on Monday.

AppleInsider Staff 10 years ago 15

Apple predicted to increase quarterly dividend up to 10%, share buybacks up to $50B

Apple will revisit its capital return program in April, and investment firm Piper Jaffray believes the company will use the opportunity to increase both its quarterly dividend payout and share buyback allotment.

Neil Hughes 10 years ago 34

Supply chain suggests Apple will ship 45M iPhones in June quarter, bolstered by new 4" model

iPhone shipments in the upcoming June quarter could be better than many investors on Wall Street expect, thanks largely to the anticipated launch of a new 4-inch model, according to the latest information from the company's supply chain.

Neil Hughes 10 years ago 7

Conservative group to attack Apple over 'hypocrisy' on religious freedom during shareholder meeting

This week's Apple shareholder meeting will be livened up by a proposal from the right-wing National Center for Public Policy Research, which seeks to have the company "review and report" on its operations in "high-risk regions with poor human rights records" after CEO Tim Cook spoke out on the Indiana religious freedom laws last year.

AppleInsider Staff 10 years ago 58
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