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Forums - General Discussion - Apple reports Q3 earnings. Revenue 42.4 bilion, earnings of $1.42 per share, 40.4 million iPhone's sold

barneystinson69 on 26 July 2016

Today, Apple is expected to have earnings of $1.39 a share (or 7.51 billion dollars in profit, though it isn't stated if this is GAAP or non-GAAP, gross or net), which is down from $1.85 a share a year earlier. Revenue is also expected to come in lower than last year, at $42.1 billion this quarter compared to $49.6 billion at the same time last year. This decline in earnings and revenue is more likely due to the decline in iPhone sales from the year earlier, and poor demand for the product in China. The outlook for Q4 will likely also indicate whether Apple will be having a more optimistic stance on future iPhone sales, or one in which they expect continued decline. Analysists are expecting revenue of $45.7 billion in the September quarter (Q4).



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

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Random_Matt on 26 July 2016

Not surprised, the S7 in the US alone is outselling it by 17%.



Luke888 on 26 July 2016

Apple must stop with their ridiculous prices. I don't care if they are popular, Most of the world population can't afford to buy a phone worth a month of medium salary...



hershel_layton on 26 July 2016

Barney, I'm not sure if this is worth mentioning in the post, but Apple is close to selling 1 billion iphones. That's quite an achievement if you ask me.

http://www.nbcmontana.com/news/apple-probably-just-sold-its-billionth-iphone/39244108



 

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12/22/2016- Made a bet with Ganoncrotch that the first 6 months of 2017 will be worse than 2016. A poll will be made to determine the winner. Loser has to take a picture of them imitating their profile picture.

barneystinson69 on 26 July 2016
hershel_layton said:
Barney, I'm not sure if this is worth mentioning in the post, but Apple is close to selling 1 billion iphones. That's quite an achievement if you ask me.

http://www.nbcmontana.com/news/apple-probably-just-sold-its-billionth-iphone/39244108

Doesn't really make a difference in terms of quarterly earnings. iPhone sales are expected to be down YOY, though I still expect Apple to beat on these earnings anyway (they're really low estimates).



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

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barneystinson69 on 26 July 2016
Apple Inc.
NASDAQ: AAPL - Jul 26, 4:06 PM EDT
96.67USD0.67 (0.69%)
After-hours: 96.980.31 (0.32%)
Apple up slightly in after hours right now. We'll have to wait a bit longer for the earnings to be announced.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

barneystinson69 on 26 July 2016

Numbers should be released any minute. I'll be posting them here as soon as they're reported.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

barneystinson69 on 26 July 2016

iPhone shipments 40.4 million vs 40 million expected. Revenue 42.36 billion. Earnings 1.42$ a share.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

Soundwave on 26 July 2016

Printing money as usual.



barneystinson69 on 26 July 2016
kowenicki said:
Stock leaps. Results better than expected?

Yes, results were slightly better than expected. Considering how low the estimates were, I'm not surprised.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).