• Apple Q2 2013 Results: $43.6 Billion Revenue, 37.4 Million iPhones, 19.5 Million iPads Sold


    Apple Q2 2013 Results: $43.6 Billion Revenue, 37.4 Million iPhones, 19.5 Million iPads Sold

    Apple Q2 2013 Results: $43.6 Billion Revenue, 37.4 Million iPhones, 19.5 Million iPads Sold

    Apple has published their Q2 2013 financial results for the quarter that ended on March 31st, 2013. The company posted revenue of $43.6 billion. The company sold 19.5 million iPads, 37.4 million iPhones, and just under 4 million Macs, earning a quarterly net profit of $9.5 billion. Overall, international sales accounted for 66 percent of the quarter’s revenue.

    We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” said Tim Cook, Apple’s CEO. “Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.

     The Company expects to utilize a total of $100 billion of cash under the expanded program by the end of calendar 2015. This represents a $55 billion increase to the program announced last year and translates to an average rate of $30 billion per year from the time of the first dividend payment in August 2012 through December 2015.

    Decline in AAPL stock price over last quarters has been very frustrating, but Apple remains very strong, and Apple will continue to do what it does best

    Our teams are working on new hardware, software, and services that we can’t wait to introduce this Fall and throughout 2014

    My view continues to be that iPhone 5 has the absolute best display in the industry. We always strive to create the very best display for our customers. Some customer value large screen sizes. Others value other factors such as resolution, white balance, color, portability, clarity, compatibility with apps… Our competitors have made some significant trade offs in many areas in order to ship a larger display. We will not ship a larger display iPhone while these trade offs exist.

  • Apple Q1 2013 Results: $54.5 Billion Revenue, 47.8 Million iPhones, 22.9 Million iPads, 4.1 Million Macs


    Apple Q1 2013 Results: $54.5 Billion Revenue, 47.8 Million iPhones, 22.9 Million iPads, 4.1 Million Macs

    Apple Q1 2013 Results: $54.5 Billion Revenue, 47.8 Million iPhones, 22.9 Million iPads, 4.1 Million Macs

    Apple has just posted their Q1 2013 financial results for the quarter that ended in December 2012. The company posted revenue of $54.5 billion ($13.81 per diluted share), with 22.9 million iPads, 47.8 million iPhones and 4.1 million Macs sold. Apple sold 5.3 million iPods. The company reported quarterly net profit of $13.1 billion.

    We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

    “We’re pleased to have generated over $23 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever.

    Compared to last year’s Q1, Apple sold a record 47.8 million iPhones in the quarter, compared to 37 million in the year-ago quarter. It also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. Macs fell short of consensus estimates at 4.1 million units, down from 5.2 million in the year-ago quarter. Apple also sold 12.7 million iPods in the quarter, compared to 15.4 million in the year-ago quarter.

    Notes from the call:

    – Tim Cook: We’ve sold well over half a billion iOS devices including a staggering 10 per second in the last quarter alone.

    – 3.7 million iPhones per week, compared to 2.6 million per week year-over-year

    – iPhone sales doubled year-over-year in China

    – iPhone 5 in over 100 countries by end of December 2012, fastest iPhone rollout ever

    – The App Store is now available in 155 countries

    – 2 billion+ iMessages are sent per day

    – Apple ended the quarter with 401 stores, 150 outside US

    – Apple retail: $6.4 billion in revenue ($16 million per store)

    – Notification Center sent more than 4 trillion notifications

    – Game Center has 200 million registers users

    – iMessages has sent roughly 450 billion iMessages—or about 2 billion per day

    – App Store is at 40 billion downloads

    – Apple sold 2 million Apple TVs during the quarter

  • Apple Q4 2012 Results: $36 Billion Revenue, 26.9 Million iPhones, 14 Million iPads, 4.9 Million Macs Sold


    Apple Q4 2012 Results: $36 Billion Revenue, 26.9 Million iPhones, 14 Million iPads, 4.9 Million Macs Sold

    Apple Q4 2012 Results: $36 Billion Revenue, 26.9 Million iPhones, 14 Million iPads, 4.9 Million Macs Sold

    Apple has just posted earnings for Q4 2012 financial results for the quarter that ended on September 29, 2012. Apple managed to get a revenue of $36 billion, with 14 million iPads, 26.9 million iPhones, 5.3 million iPods and 4.9 million Macs sold.

    Apple CEO Tim Cook said during the conference:

    “We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

    Below is the press release:

    Apple® today announced financial results for its fiscal 2012 fourth quarter ended September 29, 2012. The Company posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.

    “Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.”

    The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.

    Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.

    “We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

    “We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.”

    Apple will provide live streaming of its Q4 2012 financial results conference call beginning at 2:00 p.m. PDT on October 25, 2012 at www.apple.com/quicktime/qtv/earningsq412. This webcast will also be available for replay for approximately two weeks thereafter.

    This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and diluted earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2011, its Forms 10-Q for the fiscal quarters ended December 31, 2011; March 31, 2012; and June 30, 2012; and its Form 10-K for the year ended September 29, 2012 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

    Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.

  • Apple Q2 2012 Results: $39.2 Billion Revenue, 35.1 Million iPhones, 11.8 Million iPads Sold


    Apple Q2 2012 Results: $39.2 Billion Revenue, 35.1 Million iPhones, 11.8 Million iPads Sold

    Apple Q2 2012 Results: $39.2 Billion Revenue, 35.1 Million iPhones, 11.8 Million iPads Sold

    Apple posted their Q2 2012 financial results for the Q1 calender year, Q2 fiscal year that ended on March 31, 2012. Revenue of $39.2 billion, with 11.8 million iPads, 35.1 million iPhones and 4 million Macs sold.

    We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

    “Our record March quarter results drove $14 billion in cash flow from operations,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.

    Here are some points of interest during the financial call:

    • Quarterly net profit of $11.6 billion
    • iPhone units sold: 35.1 million
    • Macs: 4 million
    • iPads: 11.8 million
    • iPods: 7.7 million
    • Total revenues: $39.2 billion
    • iPhone 4S available in 100 countries on 230 carriers.
    • The iOS ecosystem continues to expand.
    • Over 600,000 apps are now available on the App Store.
    • 200,000 apps specifically made for iPad.
    • iTunes now has over 28 million songs.
    • Cumulatively, iOS devices have sold over 365 million units to date.
    • iCloud now has 125 million customers since its launch in October.
    • Average 18,000 visitors per store per week.