Posts Tagged ‘analyst conference’

Apple Q4 earning beat expectations; iPhone sales double

Apple isn't set to release its Q4 financials for another 20 minutes or so, but CNN Money and CNBC are both reporting that the company will handily beat estimates and turn in revenues of $15.68 billion, good for a $3.67 profit per share. We're also told that iPhone sales have doubled in the past quarter. We're sure to find out more when the official PR is out and then later on the analyst conference call, so stay tuned.

Apple Q4 earning beat expectations; iPhone sales double originally appeared on Engadget on Mon, 25 Jan 2010 16:42:00 EST. Please see our terms for use of feeds.

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Apple posts $3.38b Q1 profit: iPhone sales double, Macs up 33 percent, iPods down eight

digg_url = 'http://digg.com/apple/Apple_posts_3_38b_Q1_profit_iPhone_sales_double_Macs_up_3'; Apple just turned in its Q1 financials, revealing that iPhone sales have doubled in the past quarter compared to last year, Mac sales are up 33 percent, and iPod sales continue to decline with an eight percent dip from a year ago. The company brought in revenues of $15.68 billion, good for $3.38 billion in profit, or $3.67 profit per share. That's up from last quarter's profit of $2.26 billion on $11.88 billion in revenue, and in fact, it's Apple's all-time highest revenue and profits. Steve sounds pretty pleased in the PR, and hints at far more to come: "The new products we are planning to release this year are very strong, starting this week with a major new product that we're really excited about." We're sure to find out more later on the analyst conference call, so stay tuned.

Update: We're jumping on the call now, we'll update the good parts in semi-liveblog style after the break, since we're sure the real action will come on Wednesday. Let's go.

Continue reading Apple posts $3.38b Q1 profit: iPhone sales double, Macs up 33 percent, iPods down eight

Apple posts $3.38b Q1 profit: iPhone sales double, Macs up 33 percent, iPods down eight originally appeared on Engadget on Mon, 25 Jan 2010 16:42:00 EST. Please see our terms for use of feeds.

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