News tagged ‘financial results’

Yesterday Apple posted on its website an announcement saying that it will reveal its earning for the second fiscal quarter of 2011 and host a conference on April 20th. The company is expected to provide sales numbers for the iPad 2 and the Verizon iPhone, which was initially rumored to have sales “below Apple’s expectations”.  During the conference the company plans to discuss financial results of its second fiscal quarter. The conference call starts at 5:00 PM Eastern / 2:00 PM Pacific after release of financial results which typically comes around 4:30 PM Eastern.

After Apple has unveiled its financial results for the first quarter of 2011 it became obvious that in terms of revenue the company replaced Nokia and became the largest mobile phone maker in the world.

Recently Nokia reported that its Devices & Services division earned $9.7 billion, but that includes global sales of all the company's handheld mobile computers, including smartphones, tablets and non-smart feature phones, and also a broad range of Ovi-branded services that include email, music and app store.

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Apple has announced that it will publish its earnings for the first fiscal quarter of 2011 (forth quarter of 2010) and host a conference call regarding the release on Tuesday, January 18th at 2:00 p.m. PT. The conference call will be streamed live, audio-only, on Apple’s website. A link to the webcast will be provided in the following weeks. During the conference call we’ll hear about the sales of the new MacBook Airs and iOS devices’ performances in the holiday season and get chance to listen to Steve Jobs’ thoughts again.

It was a real surprise when Steve Jobs appeared at the financial results conference call for Apple's Q4 2010 results. He commented some topics, including launch of rumored 7-inch iPad. Jobs criticized such size, saying that it was too small:

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Apple just released its third quarter earnings. Here is a quick summary:

• Revenue: $15.7 Billion (record)
• Profit: $3.25 billion ($3.51/share)
• Margin: 39.1% (vs 40.9% last year)

International sales accounted for 52% of revenue

Sales:

• Macs: 3.47 million
• iPods: 9.41 million
• iPhones: 8.4 million
• iPads: 3.27 million

Here is the official press release:

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Recently Apple Chief Operating Officer Tim Cook and Chief Financial Officer Peter Oppenheimer had a financial conference call with the press and analysts. Here are some interesting facts we gained from the conversation:

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Apple today announced financial results for the fourth fiscal quarter (third calendar quarter) of 2009. Apple posted revenue of $9.87 billion and net quarterly profit of $1.67 billion, or $1.82 per diluted share, compared to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, compared to 34.7 percent in the year-ago quarter, and international sales accounted for 46 percent of the quarter's revenue.

The numbers represent the most profitable quarter in Apple's history and include record-breaking Mac and iPhone quarterly sales.

Conference Call Notes

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AT&T today reported financial results from the fourth quarter of 2008 and announced that they had activated 1.9 million new iPhones during the quarter. Here are some numbers from Fortune:

1. AT&T has activated 4.3 million iPhone 3Gs since its launch, 1.9 million in Q4 alone — more than double its iPhone activations one year earlier.
2. The average revenue from Phone users is 60% higher than the typical AT&T customer — thanks to that $30 per month data fee. Their heavy use of Web services helped drive AT&T wireless data use up 51.2% year to year, which as reader Jon in Brentwood, Calif., points out is not necessarily a good thing.
3. About 40% of the iPhone activations this quarter were new AT&T customers, either buying their first cellphone or switching from another carrier.
4. The churn rate — the percentage of customers who drop AT&T’s service — among iPhone owners is significantly lower than the rest of the network, sharply reducing marketing costs.

The iPhone is still an expensive proposition for AT&T. The payback to Apple is between $288 and $432 per phone over the life of a 2-year contract. The company spent $450 million last quarter on network upgrades to provide high-speed 3G coverage.

On the other hand, Q4 revenues were up 2.4% (to $31.1 billion) in a tough economic climate thanks to results in the wireless division that CEO Randall Stephenson attributed largely to the iPhone.

Cupertine California—July 21, 2008—Apple today announced financial results for its fiscal 2008 third quarter ended June 28, 2008.

Apple shipped 2,496,000 Macintosh computers during the quarter, representing 41% unit growth and 43% revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12% unit growth and 7% revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter.

The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8%, down from 36.9% in the year-ago quarter. International sales accounted for 42% of the quarter’s revenue.

Not bad at all.

via apple.com