News tagged ‘financial results’
Apple has announced its financial results of the fiscal 2014 first quarter, which ended December 28th, 2013. According to the
Apple’s iPad Air has taken a top tablet spot in December in the USA. More than 40% of all Apple tablets sold during the holiday season were iPad Airs, reports research firm Consumer Intelligence Research Partners. Anyway, these are only the estimates.
According to Fortune’s recent report, Apple sold as many as 55.3 million iPhone units during the Q4 of 2013. It should be noted, however, that these are only the estimates made by a group of professional and amateur financial experts, not the actual results.
As usual, the predictions made by professionals and young analysts differ.
The company from Cupertino will soon announce its Q1 2014 earnings. This means Apple executives will officially unveil the results of the iPad Air and Retina iPad mini sales during the first quarter of their availability, apart from that, they will talk about iPhone 5s and iPhone 5c sales during the holiday season.
Tim Cook, Apple CEO, has sent an email to employees after the release of financial results of Q4. Cook says that the company’s business is now extremely strong - due to the new iPhone and iPad releases.
In 2012, reports iPodNN, the number of iCloud users grew from 85 million to more than 250 million. The number of iTunes users has exceeded 500 million, with a record profit of 2.1 billion dollars for the quarter.
"We have established a new operating segment for China, given the contribution of that region to our business".
Yesterday Apple announced financial results for the second calendar quarter and third fiscal quarter of 2012. Apple posted revenue of $35.0 billion and net quarterly profit of $8.8 billion. The numbers are dramatically weaker than what analysts were expecting. The company did beat its own guidance, however. Last quarter, Apple said it would make $34 billion in revenue.
Apple announced the company results for Q2 2012. Apple has $110 billion in cash reserves, which is up from $81.5 billion in September 2011. Apple was also up in every other segment with $18.4 billion in short-term marketable securities (up from $16.1 billion) and long-term marketable securities at $81.6 billion, which is up from $55.6 billion in the previous six-month period ending September 2011.
Here are some interesting numbers that Apple reported for the quarter:
iTunes and App Store:
- $1.9 billion in iTunes revenue (a 35 percent YOY increase)
- 600,000 apps (200,000 iPad specific apps)
- 365 million iOS device sales
- $22.7 billion in revenue from iPhone and accessories
- 6.6 billion in revenue from iPad and accessories.
- 7.7 million iPod sales
- 94 percent of Fortune 500 and 75 percent of global 500 testing or deploying iPad
- 125 million iCloud users—up 25 million from February
- $4.4 billion in retail store revenue, up 8 percent
- 363 Apple Stores
- 826,000 Macs sold in store—half to new customers
- $12.2 million average revenue per-store (up from $9.9 million)
- 85 million visitors to retail—18,000 per store, per week
Here is official press release:
42 Wall Street and independent analysts polled by Fortune's Philip Elmer-DeWitt have found that all of them expect Apple to report record iPad sales when it releases its December quarter financial results on January 24. The estimates are ranging from 11.73 million to 19.47 million iPad units sold during the most recent quarter. According to Wall Street, the concensus has been reached on 13.5 million units. The previous record numbers of iPad sales were reached by Apple in the September 2011 quarter with 11.2 million units.
The well-known Piper Jaffray analyst, Gene Munster, sent a note to investors on Wednesday where he increased his expectations related to the iPhone sales over the holiday quarter up to 30 million units. But the record sales aren’t the thing that really deserves attention. Instead, Munster 's looking toward the future, with a next-generation redesigned iPhone, which he believes is going to accelerate Apple's growth even further than the current iPhone 4S.
"If Apple sells 30 (million)-plus iPhones in Dec., with no new form factor, up from 17.1m in Sept., it would be evidence supporting our survey work indicating that 94% of iPhone users plan to upgrade to a new iPhone," Munster wrote. "This theme suggests iPhone 5, which we are expecting in Aug. with a new form factor, will be a monster upgrade."