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News tagged ‘financial results’
Apple’s Market Cap Reaches $800 Billion
Apple’s market cap has reached a new record high of more than $800 billion. The shares of the Cupertino-based giant grew to $153.7 allowing the analysts to raise price targets for Apple’s stock.
Leave a commentTop 10 Stories of the Week
It is Sunday today, so it's time to take a look at the most interesting articles of the last couple of days. Let's not waste time and discuss the posts worth your attention straight away.
Most of the articles this week deal with the iPhone and Mac, as well as with the sales of these devices and Apple's financial results in the second fiscal quarter of 2017.
Apple to Announce iPhone 8 at WWDC – Analyst
According to the latest prediction made by a JPMorgan analyst, Apple may change its usual schedule and unveil the long-awaited iPhone 8 at the Worldwide Developers Conference in June. It is the first time we hear about the new data of the announcement of the new model.
Apple Announced Financial Results in Q2 2017
Apple has announced the financial results in the second fiscal quarter of 2017. The quarterly revenue is equal to $52.9 billion, which is less than $50.6 billion in the year-ago quarter. International sales made up 65% of revenue.
Top 10 Stories of the Week
It is Sunday today, so let’s take a look at the most interesting stories of the last couple of days.
Most of the posts this week deal with Apple’s iOS and semi-tethered yalu jailbreak that now works with all 64-bit Apple devices except the iPhone 7 and iPhone 7 Plus. There are also several articles about the iPhone 8 and its specs, Apple’s financial results in the first quarter of fiscal 2017, and Apple Campus 2.
Apple Loses Status of the Most Valuable Brand
Apple has lost its title of the most valuable brand in the world. According to the latest report from Brand Finance, the Cupertino giant is now on the second spot of the ranking with the brand value of $107.1 billion. The first place is occupied with Google that has the brand value of $109.5 billion.
Apple Reveals Results for Financial Q1 2017
Apple has announced its financial results in the first quarter of fiscal 2017. According to the official figures, the revenue accounted for $78.4 billion and net profit made $17.9 billion. In 2016, the these numbers were different: $75.9 billion and $18.4 billion respectively.
Apple Officially Announces Results in Fiscal Q4 2016
Apple its financial results in the fourth fiscal quarter of 2016 marking the decline in sales and revenue.
According to figures shared by the company, quarterly revenue accounted for $46.9 billion and quarterly net income totalled in $9 billion. International sales made 62% of the revenue. In the year-ago quarter, Apple reported about revenue of $51.5 billion and net quarterly profit of $11.1 billion.
Top 10 Stories of the Week
It is Sunday today, which means that I should tell you about the most interesting posts of the last couple of days. Let’s take a look at them now!
Apple to Announce Financial Results in Q4 on October 27th
According to the latest post on Apple’s investor news webpage, the company will officially announce its financial results in the fourth fiscal quarter of 2016 on October 27th. The conference call and the earnings report will, among other things, help us understand whether the start of iPhone 7 and iPhone 7 Plus sales in the USA and other countries was successful and whether the demand for these devices is strong.
Top 10 Stories of the Week
It is Sunday today, which means it’s high time I told you about the most interesting posts of the past seven days. Most of the articles this week deal with Apple’s financial results in the second quarter of this year, next-generation iPhone as well as with the Apple Watch and the current iPhone 6s.
Apple Announces Financial Results in Q2 2016
Apple has announced its financial results in the second quarter of fiscal 2016. According to the data shared by the company officials, revenue generated in the course of last couple of months is equal to $50.6 billion and net profit accounts for $10.5 billion. This quarter’s earnings demonstrate the first decline in revenue in 13 years. Just for you to compare, one year ago, the figures were noticeably higher, $58 billion and $13.6 billion respectively.
Apple to Announce Financial Results in Q2 of Fiscal 2016 Next Tuesday
Apple will announce the financial results in the second quarter of fiscal 2016 on Tuesday, April 26th. Back in March, it was reported that the company will reveal the information about iPhone, iPad, Apple Watch and Mac sales as well as the amount of money earned during the last couple of months on Monday, April 25th.
After the conference call, Apple is expected to share the audio from the event and publish a detailed report on the financial gains, so stay tuned for more updates on the topic.
Apple has recently unveiled the 4-inch iPhone SE that is extremely popular among the customers in China and other countries. This device may help Apple generate record revenue in this quarter.
iPhone SE Is Popular Among Former Android Users
According to the latest report from Slice Intelligence, the smaller 4-inch iPhone SE lures more Android switchers than the flagship iPhone 6s released in 2015. The figures shared by the analysts are based on the reports about SE pre-orders, so I guess we can trust what we see.
As noted by the experts, about 35% of early iPhone SE adopters purchased an iPhone online in the course of past two years. Nearly 16% of new owners of the 4-inch device are former Android users. If to compare these figures with those of the iPhone 6s, we’ll see that former Android owners made only 10% here.
Apple hasn’t yet announced the exact number of iPhone SE units pre-ordered in the first-wave launch countries. However, the company is expected to do this at a special conference call dedicated to the financial results in the second quarter of fiscal 2016 on April 25th.
Apple to Announce Financial Results in Q2 of Fiscal 2016 on Monday, April 25th
Apple will officially announce the financial results in the second quarter of fiscal 2016 on Monday, April 25th. The conference call will be held at 2:00 p.m. PT / 5:00 p.m. ET. After the event, the company will post the conference call recording to its official website, so that anyone can get access to it.
Below you will find the official announcement made by the company earlier today.
FY 16 Second Quarter Results
Apple’s conference call to discuss second fiscal quarter results is scheduled for Monday, April 25, 2016 at 2:00 p.m. PT / 5:00 p.m. ET
Aside from the financial results in Q2 of fiscal 2016, Apple may also share the information about the number of iPhone, iPad, Apple Watch and Mac units sold over the last couple of months, so stay tuned.
