Apple on Tuesday fell just short of Wall Street expectations for its third fiscal quarter of 2014 amid disappointing results for the iPhone and iPad, though the Mac continued to outpace the PC market. Following the announcements, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.
Apple saw double-digit-percentage growth for the iPhone to reach 35.2 million units in its just-concluded June quarter, the company revealed Tuesday, but it still fell just shy of the market's expectations, particularly with declining sales for its iPad lineup.
Apple on Monday announced its quarterly earnings call for the third fiscal quarter of 2014 is slated for July 22 and will be the first such event for Luca Maestri since being officially confirmed as the company's new CFO.
Apple surprised the market on Wednesday by not only beating expectations for its second fiscal quarter of 2014, but also announcing a 7-for-1 stock split, increased share buybacks, and a a higher quarterly dividend. Following the announcements, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.
Apple on Wednesday exceeded market expectations for its second quarter of fiscal 2014, posting $45.6 billion in revenue and quarterly net profit of $10.2 billion, or $11.62 per diluted share.
Apple posted its best quarter ever on Monday, driven by its highest-ever iPhone and iPad sales, as well as one of the best Mac quarters ever. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.
Apple on Monday announced its earnings for the company's first fiscal quarter of 2014, netting $13.1 billion in profit on $57.6 billion in revenue, driven by sales of 51 million iPhones and 26 million iPads — the most ever sold in a single quarter.
Apple again beat Wall Street expectations when it posted its fourth-quarter results on Monday, thanks to sales of 33.8 million iPhones during the September frame. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.
Apple said Monday that fourth-quarter profits slipped roughly 8.5 percent to $7.5 billion, or $8.26 per diluted share, on revenues of $37.5 billion — better than most Wall Street analysts had been anticipating.
Apple said Monday it plans to announce its fourth fiscal quarter results immediately following the close of the stock market on October 28.
With continued iPhone growth and a particularly strong performance from its iTunes and services businesses, Apple posted a slight increase in revenues in the June quarter, though lower margins led to a 20 percent slide in profit. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.
Apple said Tuesday that third-quarter profits fell roughly 20 percent to $6.9 billion, or $7.47 per diluted share, on relatively flat revenues of $35.4 billion for the three-month period ended June 29th, 2013.
Apple on Monday announced it will be holding its quarterly conference call for the third fiscal quarter of 2013 on July 23, where CEO Tim Cook and CFO Peter Oppenheimer will likely discuss the company's performance over the past three months.
Increasing product sales were offset by reduced margins in Apple's second quarter of fiscal 2013, as the company reported its first year over year profit decline in a decade. Executives from the company participated in a conference call on Tuesday to discuss the results, and notes of interest follow.
Apple on Tuesday said second quarter profits fell roughly 18% to $9.5 billion — or $10.09 per diluted share — despite record second quarter sales of $43.6 billion — the first year-over-year decline in earnings for the one-time tech darling in over a decade.
For the first fiscal quarter of 2013 Apple sold 47.8 million iPhones, nearly 11 million more than the 37 million over the same period in 2012.
Apple on Wednesday released its earnings for the first quarter of the 2013 fiscal year, revealing a precipitous drop in both revenue and shipments for Macs, a sector that once made up the core of the company's business.
Apple announced Wednesday a profit of $13.1 billion, or $13.81 per diluted share, on record quarterly revenue of $54.5 billion for the three-month period ended December 29th, 2012.
Apple this Wednesday is expected to report record iPhone and iPad sales from the 2012 holiday season. But as investors are uncertain about the company's future, all eyes will be on CEO Tim Cook to ease those concerns.
Apple had yet another record quarter in September, with profits growing 25 percent on sales of 26.9 million iPhones. Following Thursday's earnings release, the company held a conference call with analysts and the media, and notes of interest follow.
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AppleInsider Staff
Neil Hughes
Kevin Bostic
Mikey Campbell
