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Tag: earnings

Analysts expecting Apple to deliver weak quarterly results tomorrow

Tomorrow afternoon, Apple will post its earnings from its fiscal third quarter and the consensus on Wall Street isn't looking all that rosy. Investors have come to expect astronomical growth from Apple and there's no denying that as Apple becomes ever more profitable, delivering staggering...

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Daily Update for July 2, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires...

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Apple to announce Q3 2013 earnings on July 23

Apple updated its investor relations page on Monday with news that it will release its earnings results from the third fiscal quarter on Tuesday, July 23. If history is any indication, it's also likely that Apple CEO Tim Cook and CFO Peter Oppenheimer will field questions from analysts during an...

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T-Mobile sells 500,000 iPhones in less than a month

T-Mobile announced its earnings for the opening quarter of 2013 and confirmed it has sold 500,000 iPhone handsets since it started selling the phone on April 12. That's a half a million iPhones in a little over three weeks, which is very good for a phone that's been on sale for eight months at...

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Talkcast tonight, 7pm PT/10 pm ET: iTunes store turns 10, quarterly results

It's a big 1-0 for everyone's "favorite" music store, which has evolved far beyond its humble Rip, Mix, Burn origins to become the digital hub for a new generation of digital devices. Happy birthday, iTunes Music Store, and here's hoping that you make it out of your adolescence wiser and more...

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Apple increases dividend by 15%, poised to embark on large stock-repurchasing plan

In conjunction with its earnings report for Q2 2013, Apple issued a press release announcing some major plans for its ever-growing stockpile of cash. In March 2012, Apple announced that the company would be instituting a $2.65/share dividend on a quarterly basis with Apple's first dividend...

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Apple reports Q2 2013 earnings

It's the earnings report everybody has been waiting for. Apple just announced earnings for the second quarter of its 2013 fiscal year, and the news is actually quite good. Apple's own guidance for Q2 2013 expected revenues in the range of $41-43 billion, with gross margins in the range of 37.5...

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Apple to release Q2 2013 earnings results on April 23

Apple updated its investor relations page on Monday to reveal that the company will post its earnings results for Q2 2013 on Tuesday, April 23. Per usual, an earnings conference call will follow at 5 PM ET. Typically, this is where CEO Tim Cook and CFO Peter Oppenheimer go over Apple's earnings...

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Fortune: Apple may see first quarter of negative income growth since 2003

Apple investors may want to brace themselves for an onslaught of negative headlines when Apple reports its Q2 2013 earnings in the coming month. According to Philip Elmer-DeWitt of Fortune's Apple 2.0 blog, Apple is expected to report its first year-over-year decline in income in 10 years. Much...

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Apple's reality distortion field has assumed Wall Street

Despite robust profits, strong revenue growth and excellent brand awareness, reports predicting the downfall of Apple continue to make headlines. This paradox has many people shaking their heads, but analyst Ben Bajarin has a theory as to why Apple is slipping on Wall Street, even though it...

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Gameloft announces 27% boost in earnings in 2012, 56% of sales from back catalog

Developer Gameloft has announced its earnings for the last quarter, and they're up. The company even beat out its own guidance, ending 2012 with a 27 percent boost in earnings on the year in total, up to $275 million. I would have thought much of that was from the major Christmas sales that we...

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Apple R&D spending spiked at the end of 2012

Apple may be on the top of its game lately, but that doesn't mean the company isn't still looking forward. According to the LA Times, the company from Cupertino has jumped up its research and development spending over the last quarter, by a whopping 33 percent. According to the most recent...

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Fortune ranks the Apple analysts

After Apple's earnings call yesterday the company's stock took a sizable hit. This, of course, was due in large part to the company underperforming analysts' revenue expectations. But rather than rail on Apple, Fortune argues that Wall Street's Apple analysts performed worse than the company...

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Apple not sure it can meet iMac demand this quarter

It's no secret that Apple has been having difficulty meeting demand for some of its key products as of late, something that directly corresponded to a 17% drop in Mac sales for the first quarter of 2013. Apple CEO Tim Cook mentioned during today's earning call that while the company will...

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Apple's profit margin down, shares take a hit

We already know that iOS devices had a record-breaking quarter according to Apple's most recent earnings report, but that figure alone isn't enough to impress Wall Street. Unfortunately, while the company dodged a year-over-year loss in overall profit, the company's profit margin took a sizable...

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