O'Grady's PowerPage

Tag: Q1

  • Apple reports $78.4 billion in revenues, $17.9 billion profit for Q1 2017

    Where Apple’s profits had been down in the past few quarters, the company came back hard in the Q1 2017 financial report. Apple on Tuesday posted quarterly revenue of $78.4 billion, setting an all-time record for the company with a total net profit was $17.9 billion.

    The lion’s share of the profits came from the iPhone, which saw sales of 78.3 million units in the company’s first quarter of fiscal 2017. That was an increase from the 74.8 million iPhones the company sold in the same quarter a year ago, holding the record until now.

    The Q1 timeline also included Apple’s December/holiday sales for the iPhone 7 and iPhone 7 Plus handsets.

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  • Apple to release Q1 2017 financial results on January 31st

    Come January 31st, you’ll find out how profitable Apple’s last three months have been.

    The company announced that come January 31st, it will announce its quarterly earnings for the first fiscal quarter of 2017, revealing performance metrics for the new iPhone 7 series and the lucrative holiday shopping season.

    Announced through the company’s Investor Relations webpage, the upcoming results will be followed by a conference call live stream is set to take place on Tuesday, Jan. 31 at 2 p.m. Pacific, 5 p.m. Eastern. Apple CEO Tim Cook and CFO Luca Maestri are expected to attend the conference call.

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  • Rumor: Apple won’t refresh iPhone SE in 2017

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    As nifty as the iPhone SE may be, it probably won’t be refreshed in the coming year.

    Analyst Ming-Chi Kuo has released a report to investors state that Apple will prolong iPhone SE’s lifecycle beyond the usual one year rotation in a bid to boost gross margins and minimize cannibalization of high-end flagships like the iPhone 7.

    To the point, Kuo noted that it seems unlikely that Apple will launch a new iPhone SE handset in the second fiscal quarter of 2017, which for Apple ends in March. The 4-inch iPhone variant debuted this year on March 31, leaving some to speculate that a next-generation version with updated internals would see release at roughly the same time in 2017. Kuo does not mention plans beyond the second quarter, meaning a refresh might land later in the year.

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  • Apple announces $75.9 in revenue, $18.4 billion profit for Q1 2016

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    It’s hard to argue with an $18.4 billion profit.

    This is what Apple had to announce for its Q1 numbers, the company citing an $18.4 billion profit on $75.9 billion in revenue.

    During the conference call, Apple cited 74.7 million iPhones sold, 16.1 million iPads sold, and 5.3 million Macs sold. Although the October through December period was probably a stacked quarter for Apple Watches sales, the company doesn’t break out category sales for that product for “competitive” reasons.

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  • Apple posts $74.6 billion in revenue, $18 billion in profit for Q1 2015 financial report

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    It was a good quarter for Apple.

    Per 9to5Mac, Apple announced its Q1 2015 earnings results today, the company reporting US$74.6 billion in revenue and earning US$18 billion in profit during the three-month period.

    The results showed a gross margin of 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of the quarter’s revenue.

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