Apple Reports Third Quarter Results

#1

Post by yoda_sl » Tue, Jul 24, 2012, 8:34 PM UTC

Apple Reports Third Quarter Results
marketwatch.com

Re: Apple Reports Third Quarter Results

#2

Post by yoda_sl » Tue, Jul 24, 2012, 8:35 PM UTC

From the Press Release: the Company sold 26.0 million iPhones in the quarter, representing 28 percent unit growth over the year-ago quarter. Apple sold 17.0 million iPads during the quarter, an 84 percent unit increase over the year-ago quarter. The Company sold 4.0 million Macs during the quarter, a two percent unit increase over the year-ago quarter. Apple sold 6.8 million iPods, a 10 percent unit decline from the year-ago quarter

Re: Apple Reports Third Quarter Results

#3

Post by smackfu » Tue, Jul 24, 2012, 8:46 PM UTC

Down 5% in after hours trading, although not sure if that is before or after results.

Re: Apple Reports Third Quarter Results

#4

Post by goatforce5 » Tue, Jul 24, 2012, 8:48 PM UTC

The amount of the first dividend in a while has been set.

"Apple's Board of Directors has declared a cash dividend of $2.65 per share of the Company's common stock. The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012."

Re: Apple Reports Third Quarter Results

#5

Post by vijayr » Tue, Jul 24, 2012, 8:49 PM UTC

Almost 43% gross margin, for a (mostly) hardware company !!

Re: Apple Reports Third Quarter Results

#6

Post by pathdependent » Tue, Jul 24, 2012, 8:49 PM UTC

smackfu wrote: post #3

Down 5% in after hours trading, although not sure if that is before or after results.

The drop came after the results were reported.

Re: Apple Reports Third Quarter Results

#7

Post by _delirium » Tue, Jul 24, 2012, 8:49 PM UTC

smackfu wrote: post #3

Down 5% in after hours trading, although not sure if that is before or after results.

Looks like after, due to being lower than the average analyst expectations... had been predicting $37b revenue, vs. actual report of $35b.

Re: Apple Reports Third Quarter Results

#8

Post by goatforce5 » Tue, Jul 24, 2012, 8:50 PM UTC

Oh... also buried in the release - Mountain Lion is released tomorrow:

"We've also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we've got in the pipeline."

Re: Apple Reports Third Quarter Results

#9

Post by asdfdsa1234 » Tue, Jul 24, 2012, 8:56 PM UTC

Gross revenue and margin rose. Slow iPhone sales were the only weak spot in the report, which is unsurprising given the age of the current model.

Re: Apple Reports Third Quarter Results

#10

Post by swalsh » Tue, Jul 24, 2012, 9:09 PM UTC

asdfdsa1234 wrote: post #9

Gross revenue and margin rose. Slow iPhone sales were the only weak spot in the report, which is unsurprising given the age of the current model.

The current model is less then a year old, I think the problem is people are waiting for 4g.