Tag Archives: conference call

Apple announces $1.33/share Q2 profit, shatters Wall Street estimates

As nearly everyone notes right from the start when they begin to dig into the numbers that Infinite Loop has disclosed, the company’s profits — up 15% overall — have been driven primarily by strong sales & margins in the iPhone sector of its business.

That is to be expected, and will continue to be the case; however, in about seven weeks’ time (WWDC, June 8-12th) we are increasingly confident that more than just new iPhones & iPods will be announced. Whether the new iDevice(s) will be Apple’s answer to the netbook, the “iTablet,” or both in one device…whether they will be marketed as a Mac, given an i-Name, or one of each….these are the questions that we’ll be digging into over the coming days. Read more

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Apple to announce Q2 financial results today

In a highly anticipated announcement & analyst/investor conference call later this afternoon, Apple Inc. will disclose their second quarter financial numbers and answer long-standing questions about the performance of the company’s business under the most challenging (external/marketplace) conditions in the company’s history even as it offers its strongest line-up of products in that history.

AT&T has already posted their Q2 results, and among other interesting tidbits we’ll dig into later on, announced that they have activated 1.6 Million iPhones in the just-completed quarter; this dovetails closely with the grapevine’s expectations and strengthens our confidence in the “insider” picture we’ve been given regarding sales numbers across all of Apple’s product lines.

Overall, we’ve been led to expect by many reliable sources and industry power players, analysts & so on that this quarter’s AAPL financial results will out-perform the vast majority of standing Wall Street estimates. Read more

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