Surprise! Apple had yet another record quarter for Q2 2015. But while the iPhone and the Mac saw strong growth, iPad sales are slipping, and the number of Apple Watches sold so far remains a mystery.
Apple has posted yet another record-shattering financial quarter, and Tim Cook has finally announced when we will be able to get our hands on the Apple Watch.
Over three years after the death of Steve Jobs, CEO Tim Cook has maintained Apple’s stratospheric growth, with record iPhone and Mac sales in the fourth fiscal quarter of 2014.
Apple is still selling a ton of iPhones, but dividends, free software, and complex devices are cutting into the company’s bottom line. CEO Tim Cook is hoping it’ll be an iPad Christmas.
Apple has sent out invitations for a special event to be held on 10 September 2013, at the company’s headquarters. We expect the announcement of new iPhone models, the imminent release of iOS 7, and perhaps some other surprises. The invitation features a number of multi-colored bubbles, and the text, “This should brighten everyone’s day.” Could it be a hint at often-rumored multicolored iPhones?
Apple’s revenues continue to rise, but the company’s profits are falling as its margins shrink.
In a call that alternated between statistics and cheerleading, Apple reported a record-breaking $43.6 billion in second-quarter revenues, albeit with declining profits — a mere $9.5 billion.
Citing constrained iMac availability and a shorter reporting quarter, Apple managed to come within one percent of last year’s profit-per-share mark, as well as bring in record revenues of more than $54 billion. For many analysts, this was not enough.
Apple earned $8.2 billion on revenues of $36 billion for the most recent fiscal quarter, which prompted analysts to figure out why the company performed so ‘poorly’ compared to their predictions, and why the iPad mini is priced starting at $329.
The rumored iPad mini looks more likely, now that Apple has sent invitations to a media event on Tuesday.
Outstanding profitability is not quite outstanding enough as Apple doesn’t quite meet the rosiest of analyst expectations in its quarterly results. Still, $8.8 billion in profit on revenue of $35 billion is certainly acceptable, thanks to strong sales of iPads, iPhones, and Macs.
Apple reported another fantastic financial quarter, with a profit of $11.6 billion on revenues of $39.2 billion. iPhone and iPad sales pushed the numbers, but that’s not the whole story. Apple’s execution and presence in China significantly contributed to the company’s success.
Apple has scheduled a media event for March 7th in San Francisco, where the company is expected to unveil the next model of the iPad.
Two weeks after Steve Jobs’s passing, Apple shut down the entire company — even retail stores worldwide — for two hours to pay tribute to the founder and former CEO. The event featured remembrances from Apple executives and board members, as well as musical performances by Norah Jones and Coldplay. (Did you think any Steve Jobs event, even posthumous, would go on without some musical component?)
Though not quite meeting overblown analyst expectations, Apple announced another quarter of record-breaking revenues and profits for the last fiscal quarter of 2011.