Earnings Articles on TUAW - The Unofficial Apple Weblog

Sprint sells 1.5 million iPhones in Q3 2012

by Kelly Hodgkins (Oct 25th, 2012)

Sprint is the third major US wireless operator to announce its earnings this week. The struggling carrier, now being acquired by Japan's SoftBank, reported that it sold 1.5 million iPhones in the quarter that ended on September 30. Forty percent of these sales were to new customers. That ...

AT&T activated 4.7 M iPhones in Q3 2012, gains iPhone subscribers

by Kelly Hodgkins (Oct 24th, 2012)

AT&T announced its quarterly earnings on Wednesday and confirmed that it activated 4.7 million iPhones in the third quarter of 2012; 18 percent of these iPhone owners are new to the company. This figure closely matches the 4.8 million iPhones that the carrier activated in the same quarter ...

Dan Hesse certain the iPhone will be profitable for Sprint

by Kelly Hodgkins (May 17th, 2012)

Sprint's CEO Dan Hesse signed an estimated US$15.5 billion deal with Apple to carry the iPhone. After a less than stellar quarterly performance, the CEO is trying to quell shareholder discontent by publicly defending his decision, says a report in AllThingsD. Speaking at an annual ...

Apple and IKEA, two similar retail stories

by Mike Schramm (May 8th, 2012)

There's a fascinating writeup over at Asymco about Apple's retail strategy as compared with another very popular retail chain: IKEA. On the surface, the two brands seem dissimilar. One is a popular computer maker turned mobile device innovator, while the other is a simple and low-cost furniture ...

Apple VP of iOS Scott Forstall cashes in $38.7 million of Apple shares

by Mike Schramm (May 2nd, 2012)

Tim Cook's salary came up in the news last month when he was awarded a million shares of Apple stock, and cashed out a few, in addition to his many other forms of compensation. And here's another Apple manager who's taking advantage of Apple's soaring stock price when he can. Vice President of ...

Talkcast tonight: Profits, taxes and WWDC at 10 pm ET / 7 pm PT

by Kelly Guimont (Apr 29th, 2012)

Another quarter, another blowout. While analysts and pundits imagined that domestic iPhone sales would signal an end to the gravy train, international demand pushed the handset past the 35 million mark and shot AAPL back above the $600 line. Even with the iPad refresh hitting at the end of the ...

Sprint sold 1.5 million iPhones to new customers in Q1

by Kelly Hodgkins (Apr 25th, 2012)

Sprint announced its quarterly earnings on Wednesday and the results were disappointing as expected. The carrier posted a net loss of US$863M and cash reserves are now at a razor thin $7.6 billion. In the midst of this doom and gloom, one bright spot for Sprint was the iPhone. The carrier ...

Apple will webcast Q212 earnings release conference call on April 24

by Michael Grothaus (Apr 20th, 2012)

What is arguably the most anticipated earnings call on Wall Street every quarter will take place next Tuesday, April 24th at 2pm PT/5pm ET. That's when Apple will release its earnings report for the second quarter, which ended March 31st. There's lots of speculation about whether Apple will ...

Goldman Sachs projects AAPL will hit $750

by Megan Lavey-Heaton (Apr 18th, 2012)

Goldman Sachs sees a rosy future for Apple despite recent stock dips, expecting stock prices to hit $750 and advising investors to buy ahead of next Tuesday's earnings report. AppleInsider reports that analyst Bill Shope estimates that Apple sold 31.1 million iPhones and 12.5 million iPads in ...

T-Mobile blames lack of iPhone for deactivations

by Kelly Hodgkins (Feb 23rd, 2012)

T-Mobile announced its quarterly earnings on Thursday and in its Q4 2011 financial statement, the carrier used the word iPhone seven times. In T-Mobile's case, the iPhone wasn't the bearer of good news, but the scapegoat for the carrier's less-than-stellar performance this past quarter. T-Mobile ...

Sprint Q4 2011 results: 1.8 Million iPhones sold

by Kelly Hodgkins (Feb 8th, 2012)

Sprint posted its Q4 2011 earnings on Wednesday and announced it sold 1.8 million iPhones in the quarter. Forty percent of those sales were to new customers and, overall, the carrier added 1.6M net subscribers in the quarter. Sprint iPhone sales were strong, but it still trails Verizon Wireless ...

Lesser-known facts from Apple's earnings statement

by Chris Rawson (Jan 25th, 2012)

The attention-grabbing numbers from Apple's most recent earnings statement have already made the rounds -- US$46 billion in revenue, net profit of $13 billion, 37 million iPhones sold -- and all of that within three months. Apple didn't just turn in record-breaking performance for a tech company; ...

What's Apple going to do with $97 billion in cash?

by Kelly Hodgkins (Jan 24th, 2012)

During its earnings conference call, Apple confirmed the company is sitting on a treasure chest of US$97.6 billion. This stack of cash is steadily growing, up from $81.6 billion at the end of the September quarter. With all that money in the bank, you can't help but wonder... what's Apple going to ...

Apple Q1 2012 results liveblog

by Erica Sadun (Jan 24th, 2012)

Today, TUAW liveblogs Apple's first quarter conference call. If you'd like to listen live, point your browser to Apple's dedicated page. I'll be doing live updates as they're discussed, including coverage of the Q&A followup. The liveblog appears in reverse chronological order, with newer ...

Apple announces Q1 2012 earnings, sells a record-breaking 37 million iPhones

by Kelly Hodgkins (Jan 24th, 2012)

Apple released its earnings statement and announced yet another banner quarter. Apple knocked it out of the park, with record quarterly revenue of US$46.33 billion compared to $27.64 billion in the year-ago quarter. As predicted, iPhone sales were through the roof with 37.04 million units sold. ...