Record-breaking revenue put Apple right in line with Wall Street expectations as the company released its Q3 2019 earnings report today.
The iPhone-maker brought in $53.8 billion in revenue, a number within range of its own guidance and most analysts’ predictions. That set a new record for Apple third-quarter revenue — a slight gain from Q3 2018’s $53.3 billion. CEO Tim Cook touted the company’s subscription offerings for fueling the new all-time high.
The most yawn-inducing Apple earnings call of the year is just days away, and Wall Street is eagerly anticipating the results — though maybe for reasons you wouldn’t expect.
Apple CEO Tim Cook and CFO Luca Maestri are scheduled to hop on the phone with investors at 2 p.m. Pacific next Tuesday for Apple’s Q3 2019 earnings call. Even though Apple doesn’t reveal quarterly sales for iPhones anymore, there are a lot of metrics to look for that could clue us in on how well or poorly the company is performing lately.
Keep an ear out for these five things during Apple’s July 30 earnings call.
Apple surprised Wall Street with a better-than-expected Q2 earnings report this afternoon and one of the biggest factors was the iPad.
With revenues topping $58 billion Q2 (down 5% YoY), Apple is trying to become less reliant on its iPhone business. Services are expected to pick up most of the slack, but this last quarter Apple got some unexpected help from its iPad business that is experiencing a resurgence just at the right time thanks to the new iPad Pro.
We’ll soon know if Apple made progress drumming up more demand for the latest iPhones in Asia. Weak demand in China caused a surprising year-over-year drop in Apple’s total revenue during the last quarter of 2018.
CEO Tim Cook and co. have just scheduled an earning call with investors for April 30. We’ll find out then if the company managed to improve its situation during the first three months of 2019.
After enduring a rough quarter, Apple tells the world what went wrong. But even more interesting is what went right — and what that means for Apple’s future.
Get our take on what you really need to know from Apple’s latest earnings call, plus the rest of the week’s best Apple news, reviews and how-tos. You’ll find it all in this week’s free issue of Cult of Mac Magazine.
Investors are eagerly waiting to see all the numbers from Apple’s 2018 holiday quarter during today’s earnings call. Based on early reports, some of the numbers might come in even lower than expected.
Gulp.
Apple already warned investors that iPhones sales during Q1 2019 came in lower than expected, mostly thanks to problems in Greater China. Even after lowering revenue guidance, the company still could pull out a few surprises. However, most analysts remain worried that the iPhone sales slump will continue into 2020.
Apple CEO Tim Cook and CFO Luca Maestri are set to get on the phone with investors at 2 p.m. Pacific today. Per usual, Cult of Mac will be here live-blogging all the action with up-to-the-minute analysis on all the important numbers.
Come join the fun:
When Apple unveils its earnings report for last year’s crucial holiday quarter, the entire world will be watching for signs of the company’s long-rumored impending doom.
Several factors will make Tuesday’s Q1 2019 earnings call Apple’s most important in years. Depending on how it goes, it could have an enormous impact on the company’s stock’s performance in 2019 and beyond.
This week was one heckuva wild ride for Apple fans. First we got new MacBook Airs, iPad Pros, Mac minis and Apple Pencils. Then Apple threw Wall Street a curveball during yet another surprising (and surprisingly positive) earnings call.
Get the scoop on the latest Apple hardware, plus reviews and how-tos, in this week’s free issue of Cult of Mac Magazine. Then get ready to spend your weekend drooling over it on your iPad or iPhone. Grab your free subscription to Cult of Mac Magazine from iTunes now.
Bonus: Don’t miss your chance to win an iPhone XR!
Apple’s last earnings call of 2018 kicks off in an hour, and it’s shaping up to be the company’s biggest Q4 report ever.
Shares of Apple stock have been on an upward trend the last few days as investors eagerly await their first glimpse at iPhone XS sales figures. Apple CEO Tim Cook and CFO Luca Maestri are set to get on the phone with investors at 2 p.m. Pacific this afternoon. We’ll be right here live-blogging all the action with as much witty analysis as we can must.
Come join the fun!
Hot on the heels of Tuesday’s big keynote, Apple is set to unleash its final earnings report of 2018 on Thursday, November 1. The report will give investors their first glimpse into how well the iPhone XS and iPhone XS Max are selling.
Apple shares are trading up again today after climbing Tuesday, signaling that Wall Street is pretty optimistic about Apple’s ability to rake in the cash. Tim Cook and Apple CFO Luca Maestri are set to get on the phone with investors at 2 p.m. Pacific today — and there are some key areas investors will be watching intensely.
In this week’s Cult of Mac Magazine: It’s official. Apple beats Amazon to the coveted $1 trillion valuation. Tim Cook plays it cool, telling staffers it’s “not the most important measure of our success.”
You’ll find that top story and much more. Check out the the biggest takeaways from Apple’s Q3 earnings call. Feast your eyes on the iPhone X Plus and new LCD iPhone. Plus: Learn how to use the iPhone camera’s manual controls. Get your free subscription to Cult of Mac Magazine from iTunes. Or read on for this week’s top stories.
The long race to see which U.S. tech giant will become the first company worth $1 trillion is finally over.
Apple won.
Apple beat Wall Street’s expectations today with its Q3 2018 earnings report. Even though iPhone sales were barely up 1% the company still posted better-than-expected revenues as sales of Apple Watch, services and AirPods picked up the slack leading to Apple’s best Q3 results ever.
Prices of Apple shares skyrocketed closer to the illustrious $204 mark that will make the iPhone-maker the first ever trillion dollar company once the results posted and Tim Cook seemed extremely confident and relaxed on his call with investors this afternoon. While the rest of tech stocks are starting to sink, Apple is as steady ever.
Apple’s weakest earnings report of 2018 is set to be revealed today but it might also contain a few clues about the 2018 iPhone launch this fall.
Tim Cook and Apple CFO Luca Maestri will talk to investors on an open call at 2 p.m. Pacific. Analysts don’t expect a huge boost in iPhone sales and revenue (in fact some are downright pessimistic). However, Apple could pull out a few surprises like it did the last two quarters.
Per usual, Cult of Mac will be here to live-blog all the action starting at 1:30 p.m. (That’s when the earnings report typically lands.) Come join the fun!
While the rest of the tech industry’s earnings are in a slump, Apple just posted its biggest Q3 earnings report ever.
Investors were expecting Apple to post at least $51 bilion in revenue, but the iPhone-maker has come away with $53.3 billion in income, marking a 17% increase from last June quarter. iPhone sales came in at 41.3 million units sold for the quarter which has Apple CEO Tim Cook absolutely stoked.
When Apple unveils its latest earnings report Tuesday, some analysts think the numbers may be even better than expected.
Q3 is usually Apple’s weakest quarter of the year as the iPhone sales cycle starts to come to an end. However, this week’s call may hold a number of surprises and hints about the 2018 iPhone lineup as Apple gives investors guidance on next quarter. As usual, Cult of Mac will liveblog the entire call with all the pithy analysis we can muster.
We’ll be watching for these key details in the report (and so should you).
Apple blew analysts’ expectations out of the water this afternoon with its historic Q2 2018 earnings report that saw the company post the most revenue ever in the March quarter.
Tim Cook and Apple CFO Luca Maestri were absolutely giddy during today’s call with investors. Everyone expected the iPhone X to be a bust, but even Apple was surprised by its success as it still dominates the iPhone sales charts. New products are on the horizon too as Apple’s executives teased new goodies coming down its pipeline:
These were the biggest takeaways from the call:
Apple is set to reveal its second quarterly earnings report of 2018 this afternoon. If you’ve been listening to the analysts the last few months, you know that iPhone sales might take a dip.
Lagging iPhone X demand could cause Apple to bring in slightly less revenue than this quarter last year, unless Apple’s services or “other products” sectors picked up the slack. We’ll know for sure once Tim Cook and Apple CFO Luca Maestri run through all the numbers with investors today at 2 p.m. Pacific.
As usual, Cult of Mac will be live-blogging the action with all the analysis and snark we can muster.
Come join the fun:
There’s a lot of good news in Apple’s second earnings report of 2018 that should keep investors happy going into the next quarter.
Revenue during Q2 2018 hit an all-time high for a March quarter at $61.1 billion, thanks in large part to 52.2 million iPhones sold. Apple CEO Tim Cook says iPhone X sales are still killing it, too.
The second Apple earnings report of 2018 is set to come out on May 1 and Wall Street’s top analysts are worried that disappointing news is on the horizon.
Rumors have been circulating for months that iPhone X sales have been far weaker than Apple expected. The company’s stock price has been slipping in the last two weeks leading up to the Q2 2018 earnings report. Everyone’s waiting to see if Apple can pull out another surprise, but the signs don’t look too promising.
Per usual, Cult of Mac will be here to live blog all the action as it transpires on Tuesday, May 1, at 2 p.m. Pacific. Here’s what to watch for on the call:
iPhone X sales did not come in as strong last holiday season as investors hoped. Apple just posted its Q1 2018 earnings, and iPhone sales declined compared to the same quarter a year ago. Everyone on Wall Street seemed to expect an increase.
Still, there’s a silver lining: Despite the weaker iPhone sales, Apple made a record-setting $88.3 billion in revenue during the quarter. CEO Tim Cook says the iPhone X defied the company’s expectations, leading to Apple’s best quarter in history.
The last Apple earnings report of 2017 is finally here and the results are even better than Wall Street anticipated.
Aided by strong iPhone sales thanks to the launch of the iPhone 8 and iPhone 8 Plus, Apple was able to bring in slightly higher than expected revenues and the company is expecting big things next quarter too.
Apple posted its second-highest Q3 earnings ever today, surprising investors with $45.4 billion in revenue powered by strong iPhone, iPad, Mac and services revenues.
CEO Tim Cook sounded pleased during Apple’s earnings call, but he wasn’t just looking back on the past three months. By the end of the call, Cook had analysts hyped for the future and upcoming Apple products.
Here are the five biggest takeaways from the Apple Q3 2017 earnings call.
Apple CEO Tim Cook and CFO Luca Maestri are set to reveal all the details of Apple’s latest earnings in a call with investors today could have a huge impact on the company’s stock price.
The Q3 2017 earnings report isn’t expected to be a record-breaker, but Wall Street analysts will be hanging on to every word that comes out of Cook’s mouth as the next iPhone launch approaches. Most experts agree Apple will meet earnings expectations of $43.5 billion in revenue — the only question is by how much.
Cult of Mac will be right here live-blogging the entire call once it starts at 2 p.m. Pacific. Come join the fun.
Investors found a lot to be happy about in Apple’s latest earnings report, which was released by the company this afternoon. While Apple didn’t shatter any records, the company beat expectations for the quarter with a total of $45.5 billion in revenue.
That’s well ahead of Wall Street’s expectation of $43.5 billion. iPad sales proved one of the biggest surprises of the quarter, with shipments rising 15 percent year-over-year. Apple CEO Tim Cook was definitely happy with the results.