Apple said Tuesday that second-quarter profits rose nearly 90 percent to $3.07 billion, or $3.33 per diluted share, on record non-holiday quarter sales of $13.50 billion for the three-month period ended March 27, 2010.
The first quarter of Apple's 2010 fiscal year was another record breaking three-month frame for the company, which sold more Macs and iPhones than ever before. Monday, the company conducted a financial conference call with analysts and the press, and notes of interest follow.
Apple said Monday that first-quarter profits shot up more than 50 percent to $3.38 billion, or $3.67 per diluted share, on record sales of $15.68 billion for the three-month period ended December 26, 2009.
Apple's fourth quarter of 2009 was the company's most profitable ever, riding high on record Mac and iPhone sales. The company on Monday conducted a financial conference call with analysts and the press. Notes of interest for Apple's results and the now concluded call follow.
Apple said Monday that fourth-quarter profits rose more than 46 percent to 1.67 billion, or $1.82 per diluted share, on sales of $9.87 billion for the three-month period ended September 26, 2009.
Once again, Apple has had the best non-holiday quarter in its history, selling more Macs and iPhones than it ever has in spring, albeit with fewer iPods sold. The company has conducted a financial conference call with analysts and the press. Notes of interest for Apple's results and the now concluded call follow.
Apple said Tuesday that third-quarter profits rose nearly 15 percent to $1.23 billion, or $1.35 per diluted share, on record non-holiday quarter sales of $8.34 billion for the three-month period ended June 27, 2009.
Apple on Wednesday announced a mixed second quarter, providing its best-ever earnings and iPhone sales for a March quarter but relatively weak Mac numbers. It just concluded a financial conference call with analysts and members of the media. Several notes of interest from the call follow:
Apple said Wednesday that second-quarter profits rose more than 15 percent to $1.21 billion, or $1.33 per diluted share, on record non-holiday quarter sales of $8.16 billion for the three-month period ended March 28, 2009.
Apple following the close of the stock market on Wednesday will report results of its fiscal second quarter of 2009 ended March. Bullish Cross analyst and AppleInsider contributor Andy Zaky is readjusting his outlook on Apple to a view that is more commensurate with the increasingly bleak economic environment.
Apple is holding a conference call to discuss the results of its first fiscal quarter for 2009, a record quarter for earnings and revenues despite a much harsher world economy. Notes for its performance during the quarter and for the call follow.
Apple said Wednesday that first-quarter profits rose a little less than 2 percent to $1.61 billion, or $1.78 per diluted share, on record sales of $10.17 billion for the three-month period ended December 27, 2008.
Analysts polled by Thomson Financial expect Apple to report earnings of $1.38 in EPS on $9.74 billion in revenue when the company releases its results shortly after the close of trading this afternoon.
In its recently reported fiscal fourth quarter, Apple's adjusted net income grew approximately 124.6% from $1.085 billion in Q4 2007 to $2.437 billion in Q4 2008 — an extraordinary number when fully accounting for iPhone sales in both periods.
Several prominent Wall Street analysts issued new research notes following Apple's fourth quarter earnings announcement Tuesday, offering commentary on the company's forward looking prospects, and in some cases making changes to their ratings and price targets.
Apple chief executive Steve Jobs made a surprise appearance on the company's fourth quarter conference call Tuesday and fielded a variety of questions that revealed further insight into company's ongoing product strategies. Specifically, he made remarks about Apple's position on the emerging NetBook space, how the troubled global economy impacts the company, the state of Apple TV, and how Apple views the prospects for $500 desktop PCs.
Apple has just concluded its fiscal fourth quarter conference call which featured a surprise appearance by company chief executive Steve Jobs, who fielded questions on low cost PCs, the future of the iPhone, and the new netbook category of portables.
Apple said Tuesday that fourth-quarter profits rose more than 26 percent to $1.14 billion, or $1.26 per diluted share, on sales of $7.9 billion for the three-month period ended September 27, 2008.
Wall Street investors are holding their breath as Apple is set to report earnings after the close of regular trading this afternoon. This particular report will be one of the most crucial in the company’s history as Wall Street and her analysts have completely written Apple off as a business that could thrive in a slower economic environment.
Apple handily beat expectations for its fiscal third quarter Monday, but investors used a late trading session to punish shares of the Mac and iPhone maker after the company offered conservative forward-looking guidance and refused to comment on the health of chief executive Steve Jobs.
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AppleInsider Staff
Katie Marsal
Andy M. Zaky, Bullish Cross, Special to AppleInsider
Slash Lane
Prince McLean
Kasper Jade
