Apple Financials — page 5
203 posts filed under Apple Financials
Notes of Interest from Apple Q209 Earnings Call
Following the release of Apples fiscal second quarter 2009 financial results the company held a conference call to answer questions from industry analysts and members of the media. Present during the call were CFO Peter Oppenheimer, COO Tim Cook and treasurer Gary Whistler. Apple began…
Apple Announces Fiscal Second Quarter 2009 Results
Key stats Q209 revenue: $8.16 billion vs. $7.69 billion market consensus (6% y/y growth) Q209 EPS: $1.33 vs. $1.09 consensus Q209 Mac shipments: 2.2 million vs. 2.1 million consensus (3% y/y decline) Q209 iPod shipments: 11.0 million vs. 10.0 million consensus Q209 iPhone shipments: 3.79…
Apple Set to Announce Fiscal Q209 Results April 22
Apple has today reminded members of the media and financial industry that it will announce it's fiscal Q209 results on Wednesday, April 22, 2009, 2:00 p.m. PDT/5:00 p.m. EDT. The conference call can be streamed online live at www.apple.com/quicktime/qtv/earningsq209/ and will also be available for…
Analysts Up Apple Price Targets
Analyst Shaw Wu for Kaufman Brothers has increased his price target on Apple from $120 to $152 on Monday. In Wu's report the analyst argues that Apple is bucking the trend, up 45% since November compared to the NASDAQ at 20% and S&P500 up 7%…
Further Notes from Apple Shareholders Meeting
As journalists are not officially allowed to enter the shareholders meeting and attendees are not permitted to have communication devices details of the meeting often trickle through several hours after the close of the meeting. According to a detailed account by Prince McLean both a…
Apple Shareholders Re-elect Board at Annual Meeting
At today's annual shareholders meeting the entire eight member board was re-elected despite concerns over the way it handled Steve Jobs' health issues and four proposals were voted down. The eight board members include; Al Gore Jr. (chair of Alliance for Climate Protection, Generation Investment…
Apple Shareholder Meeting Approaches, Jobs Not Attending
On Wednesday February 25th 2009 Apple will hold its annual shareholders meeting and CEO Steve Jobs will not be attending for the first time in more than ten years. As Bloomberg reports the meeting will give shareholders a chance to question Apple executives and directors…
AT&T Reports Robust 2008 Growth, Led By iPhone
Earlier this week AT&T reported its fourth quarter fiscal results for 2008 , in the announcement Apple's official iPhone carrier in the United States said that it had activated 1.9 million iPhones during the quarter. The numbers are down from 2.4 million activations in AT&Ts…
Analyst Offers Answer for Delayed iMac
Analyst Shaw Wu for Kaufman Brothers has stated in a report to clients some potential reason why Apple's iMac desktop computer has yet to be updated. "We wanted to give an update on the Mac business from what we are picking up from our latest…
Notes of Interest from Q109 Conference Call
After announcing record breaking revenue in the first fiscal quarter of 2009, Peter Oppeinheimer and Tim Cook held a conference call with analysts and members of the media to answer any queries. During the call which will be available for replay shortly the two senior…
Apple Announces Best Quarterly Revenue in History, Record iPod Sales
Apple today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. The Company posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and…
Apple Q109 Financial Results to be Unveiled January 21
On Wednesday January 21st at 2:00 p.m. PST/5:00 p.m. EST/ 10.00 p.m. GMT Apple will unveil it's first quarter financial results for the fiscal year 2009. Apple will provide live audio streaming of its FY 09 First Quarter Results Conference Call utilising Apple’s QuickTime. The…
Apple Signs Five Year Display Deal With LG
An SEC filing made today shows that Apple and LG have entered into a five year agreement in which LG will supply LCD panels to Apple. The deal also includes a prepayment from Apple to LG of $500 million. "Although LG Display already had a…
2009 Apple Proxy Statements Available to Shareholders
Apple has announced that its 2009 proxy materials are now available on the web under the US Securities and Exchange Commission’s Notice and Access rule and can be found at www.apple.com/investor . In line with recent green efforts by Apple the company has decided to…
Apple Shifts 13 Macs Per Hour on Black Friday
Piper Jaffray analyst Gene Munster has posted the results of his teams 10-hour research which saw them counting Mac and iPhone sales in five Apple Stores in the United States on Black Friday. In his research Munster noted that Apple was offering discounts on seven…
Will Apple's Q1 Beat Street Estimates by $1.2 billion?
Amateur analyst Andy Zaky who has been notoriously accurate in his earnings estimates for Apple is predicting "the mother of all earnings blowouts" when Apple announces it's Christmas quarter results in January 2009. In a report published earlier this week Zaky estimates that Apple will…
Apple Files Form 10-K Lists Company Risks, Fadell Continues Earning
On Wednesday Apple filed its form 10-K for the fiscal year 2008 as mandated by the SEC. As is required in the form 10-K Apple listed many of the risks that could effect the company. Amongst some of these topics includes ( as listed by…
iPhone Accounts for 39% of Q408 Revenue
When Apple released its quarterly results for the 2008 fiscal it was overlooked by many that Apple has now adopted to supply two sets of quarterly results. Apple will continue giving out GAAP ( Generally Accepted Accounting Principles ) results, these will include subscription based…
Notes of Interest from Q408 Conference Call
On Tuesday Apple held its fiscal fourth quarter conference call to discuss its financial results for the past quarter. The call which featured a rare and surprise appearance from company CEO Steve Jobs. Macs Sold 2.61 million Macs, best quarter ever. Of those sales 936,000…
Apple Sells 6.9 Million iPhones in September Quarter
Apple today announced financial results for its fiscal 2008 fourth quarter ended September 27, 2008. The Company posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. These results compare to revenue of $6.22 billion and net quarterly…