Posted on 01/27/2015 2:58:24 PM PST by alexmark1917
Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 each made in total since 2009 Submitted by WorkerAnt#11, on January 27th, 2015 Share0 Tweet0 0 Share0
Apple shares rose 45% over the past 12 months and grew 15% since $AAPL introduced the iPhone 6
NEW YORK (MarketWatch) Apple Inc. is set to report first-quarter earnings after the market closes on Tuesday.
The Cupertino-based company has continued to impress Wall Street with stronger-than-expected sales of its higher-margin iPhone 6 Plus. Quarterly earnings per share and revenue estimates have risen an average 8.2% on Wall Street since Sept. 30.
Analysts have also grown increasingly bullish on demand for Apple AAPL, +0.54% products in China, despite growing competition from emerging-market brands like Xiaomi, Lenovo 0992, -0.75% and Huawei 002502, -1.25%
The second half of 2014 was a busy time for Apple. The company introduced its first wearable, the Apple Watch, and launched its first mobile payments solution, Apple Pay. However, the iPhone 6 is expected to take center stage in this quarters earnings report.
Heres what to expect:
Earnings: Analysts are expecting Apple to report earnings of $2.60 a share, which marks an increase of 10.2% from their $2.36 a share outlook on Sept. 30, according to FactSet data. Last year, prior to its seven-to-one stock split, Apple reported first-quarter EPS of $13.81.
Revenue: Wall Streets revenue consensus has risen 6.2% since the end of September. Analysts have cited stronger-than-expected demand for the higher-priced iPhone 6 and improvements in China. Apple is expected to report revenue of $63.48 billion, which would be a year-over-year increase of 17% from $57.6 billion in the year-earlier first quarter, according to FactSet data.
Apple at the end of its last fiscal quarter projected first-quarter revenue between $63.5 billion and $66.5 billion.
http://www.marketwatch.com/story/what-to-look-for-in-apples-earnings-2015-01-26?link=sfmw
Apple iPhone 6 Plus usage growing in China
NEW YORK (MarketWatch) Apple Inc. may be selling the higher-margin iPhone 6 Plus at a faster clip than it expected in China, according to new data.
A chart published Wednesday by mobile marketing company AppLovin shows that iPhone 6 Plus usage in the worlds largest consumer market is catching up to the smaller-screen iPhone 6.
This could spell strong earnings for Apple AAPL, +0.89% in its coming quarter, which will reflect the launch of the two phones and the key holiday shopping season, according to AppLovin, which tracks smartphone usage.
This backs other bullish data from Wall Street analysts, including UBS, which said iPhone sales in China outstripped those in the U.S. during the December quarter for the first time, and Morgan Stanley, which estimated that the Plus profit margins are as much as 61% higher than the iPhone 6.
In AppLovins latest iPhone report, it said iPhone 6 to iPhone 6 Plus usage is at a ratio of 60/40 in China, up from 65/35 a few weeks ago, which indicates usage has shifted in favor of the Plus in recent weeks. The trend has also occurred in the U.S., though to a lesser extent.
We arent financial analysts and are not giving investment advice, the company said. Having said that, all indications (our data and that of analyst reports) are that Apples December quarter was a big one.
http://www.marketwatch.com/story/apple-iphone-6-plus-usage-growing-in-china-2015-01-21
Read more at http://investmentwatchblog.com/apple-just-made-18-billion-in-90-days-more-than-435-firms-in-the-sp-500-each-made-in-total-since-2009/#3tj5QYEgv8a98tXb.99
People are amazed!
Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 in total
http://www.freerepublic.com/focus/f-bloggers/3251301/posts
ewe dinn bildat!
Nothing succeeds as well as success! ... and Apple is amazing at that.
BUT ... have no worries ... I know there are a number of FReepers who regularly show up saying Apple is just about ready to FAIL ... because all Apple has done is simply fool a 100 Million customers ... :-) ...
Apple destroys Street with all-time record earnings
http://www.freerepublic.com/focus/f-chat/3251278/posts
Apple announces Q1 2015 results: 74.5 million iPhones, 21.4 million iPads, 5.5 million Macs sold
http://www.freerepublic.com/focus/f-news/3251281/posts
If you want on or off the Mac Ping List, Freepmail me.
Never got one red cent from me. Never bought anything Apple, likely never will.
How many people are actually in a position to afford the newest iPhone (which somehow renders the older one instantly crap)?
Newest iPhone 6, 16GB, is $99 with a 2 year contract at Sprint.
I bought two...one for my Mom, one for my sister.
My sister, who hated all things Apple, is now delighted and wondering why she didn’t do this sooner.
My mom, who is 82 years old, has no problems operating it, where her cheap Android POS was always giving her fits.
That’s a lot of In-N-Out burgers.
Well when everything you sell you get 99% profit
Where’s my slice?
They didn’t build that...
Ive never bought an Apple product either. The stock, however, I did buy.
When you can SELL your old iPhone for more than the cost of the subsidized new contract iPhone model, it doesn't really matter, now does it? When i moved from my iPhone 4s to a iPhone 5, I sold my 4s for $275. . . which more than covered the upgrade costs and, since there were some other spiffs being offered, I got the new iPhone 5, and put $175 in my pocket. My monthly cellular phone rate did not change. Two years later, when I moved to my new iPhone 6, I sold the 16GB iPhone 5 for $280 on eBay . . . $20 less than I paid for my new 64GB iPhone 6. Ergo, my iPhone 5, cost me $20 for two years use, plus my contract payments. It would have cost me more for one of the Android junk. . . because Androids don't sell worth a damn at the end of their contracts.
Exaggerate much? Apple reports their gross margin was 39.1% it's very difficult to translate that into a 99% profit. . . especially when their taxes on that were 26.3%.
I’m not an Apple fan, but the iPod Touch was the only suitable replacement for my Palm PDA. I figured if I was going to give Apple my money, I might as well own some of their stock in order to pay for their products. I’m up $10K in my Apple stock. That pays for my Apple, Android AND Microsoft products!
Historic profits, but the irony will be lost on the Apple-worshiping libtards. Better margins than the oil industry by far, by the irony will be lost on the Apple-worshiping libtards. Appalling work conditions for the Chinese workers of Foxconn, but the irony will be lost on the Apple-worshiping libtards. The strictest corporate “censorship” of software on their platforms, but the irony will be lost on the Apple-worshiping libtards. A product that strives to put itself into obsolescence so you want to replace it well before it’s practical lifespan, but the irony will be lost on the Apple-worshiping libtards.
And so on and so forth.
So in other words, not really ninety-nine dollars.
How much money do you wager you'd have saved over 2 years if you bought the phone outright and shopped around for your data plan?
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