Tag Archive: Quarterly

Summing Up The Crazy: What Today’s Apple Quarterly Earnings Actually Means


Today at 2PM Pacific/5PM Eastern, Apple will announces its 2013 first quarter earnings. Cult of Mac will, of course, be covering it live, but here’s a very brief primer of what to expect.

First of all, “pessimistic” doesn’t even begin to describe what Wall Street is feeling towards Apple right now. Despite the fact that carriers are selling more iPhones than ever, many on Wall Street believe that Apple will  [Read More…]

AT&T On Pace To Set New Quarterly Smartphone Sales Record

Despite losing its lone carrier status for the iPhone earlier this year in the United States, the nation’s second largest mobile operator is on pace to post a new quarterly sales record. John Stephens, AT&T Senior Executive Vice President and Chief Financial Officer, confirmed today that AT&T “is on track to break its single-quarter record for smartphone sales.” Addressing his audience at the UBS 39th Annual Global Media and Communications Conference in New York, Stephens  [Read More…]

Sprint Posts Lower Quarterly Loss Than Expected, Betting Future on the iPhone

Sprint posted a narrower loss than predicted during the third quarter of the year, but expects the iPhone to turn around the companies steady decline in contract subscribers despite the expensive intial investment. Sprint reported a quarterly loss of $301 million ($.10 a share), which is a third of their third quarter losses last year of $911 million ($.30 a share). Also, the loss beat analysts expectations of a $.22 per-share loss for the quarter.  [Read More…]

Bloggers Goof Big Time on Apples Quarterly Financial Picture

Credit: epicharmus/Flickr

The day after Apple wows Wall Street with over-the-top quarterly revenue numbers is often followed by reports bloggers beat the pants off professional prognosticators. Not this time. The usually-bullish bloggers took a dive, missing Apples fourth quarter financials by an average of 23 percent. The best-performing amateur analyst was Alexis Cabot of the Apple Finance Board. Cabot missed the revenue and earnings per share mark  [Read More…]

The Results Are In, Apple Tops Microsoft In Quarterly Sales, Profits

Microsoft today released its Q3 2011 financial results and they’re good with the numbers beating those expected by all the analysts with net income reaching a staggering $ 5.23billion.

Despite these results however, Apple has managed to beat them with regards to profit, as noted by TechCrunch’s MG Siegler.

Last October, despite Apple pulling ahead in revenue, the  [Read More…]

Apple Quarterly Earnings Blow Wall Street Projections Out of The Water Again

Click the image to open in full size. Apple is dominating yet another earnings season on Wall Street. On Wednesday, the Mac maker boasted a profit spike of 95%, a reality made possible by sales of 18.65 million iPhones, 4.69 million iPads and 3.76 million Macs. The company reported $ 6.40 in earnings per share on revenues of $ 24.67 billion, topping Wall Street projections of $ 5.36 a share on revenue of $  [Read More…]