- #Earnings calendar iphi android#
- #Earnings calendar iphi software#
- #Earnings calendar iphi Pc#
- #Earnings calendar iphi mac#
Shares turned tail in April, though, and are now down 2.5% since the start of 2023. CSCO stock had a solid run in the first quarter, and was up nearly 10% for the year-to-date by late March. Wednesday (5/17) Earnings spotlight: Cisco SystemsĬisco Systems ( CSCO (opens in new tab), $46.37) is another blue-chip stock on next week's earnings calendar, with fiscal third-quarter results from the network equipment maker due out after Wednesday's close. Cook said Apple now has 975 million subscribers on its platform, which includes both Apple services and third-party apps, up from 935 million last quarter and an increase of 150 million from a year ago.Other Noteworthy Earnings Reports Company Sales in Apple's wearables business, which includes devices like AirPods and the Apple Watch, fell less than 1% compared with estimates for a 4.4% drop.Īpple's biggest growth segment was its services business, which includes products like iCloud and Apple Pay, which grew 5.5% to $20.9 billion.
#Earnings calendar iphi Pc#
Apple's sales fared only slightly better than PC unit shipments in the market, which fell 33% in the calendar first quarter, according to Canalys.
#Earnings calendar iphi mac#
Mac sales fell more than 30% compared with analyst estimates of a 25% decline, according to Refinitiv. The company recently announced new service businesses such as a high-yield savings account.
#Earnings calendar iphi software#
Bloomberg has reported the iPhone maker could unveil a mixed-reality headset as soon as next month, when it holds its annual software developer conference. Investors are still waiting for the company's next major hardware product. Wall Street expects Apple to recover faster and show modest year-over-year revenue growth during its fiscal third quarter ending in June. Other tech firms have predicted a second-half rebound. "Long-term, emerging markets are important, especially India from a supply chain and sales standpoint." "Apple still needs China on a near-term basis to drive sales and profits," said Tom Forte of D.A. Sales in China also dropped 2.9%, a slightly larger drop than overall revenue.
Sales of Macs fell sharply while iPad revenue slipped. Not all of Apple's business lines were immune to the electronics slump. "We had no material shortages at all during the quarter across any of the products." "We set records for the iPhone installed base in every geographic segment, and we had very strong 'new to' (sales in) emerging markets, particularly in Brazil, India and Mexico."Ĭook also said supply-chain snarls have vanished. "We were thrilled by our performance in emerging markets," Cook said. EMERGING MARKETS OUTPERFORMĪpple CEO Tim Cook told Reuters in an interview on Thursday that the company set a fiscal second-quarter record for iPhone sales, thanks in part to picking up new users in markets such as India, where Cook recently traveled for the opening of that country's first Apple stores.Ĭustomers queue at the Apple Fifth Avenue store for the release of the Apple iPhone 14 range in Manhattan, New York City, U.S., September 16, 2022. The board authorized a $90 billion share repurchase program, same as a year ago.
Investors see the company as a defensive play during a time of economic uncertainty.Īpple raised its dividend to 24 cents a share, up from 23 cents a share a year ago. Analysts were expecting a 2.1% increase to $84.7 billion for the company's June-ending fiscal third quarter.Īpple's stock has outperformed most of Wall Street in 2023, up 28% year-to-date.
But he also said Apple's revenue will likely decline slightly.
#Earnings calendar iphi android#
Global smartphone shipments fell 13% during the first three months of 2023, according to research firm Canalys, which said Apple gained market share against Android rivals.Ĭhief Financial Officer Luca Maestri said Apple's gross margin will be between 44% and 44.5%, above estimates of 43.7%, according to Refinitiv data. IPhone sales were up 1.5% to $51.3 billion, besting expectations for a 3.3% drop even as consumers and businesses tightened up spending due to rising inflation.
Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. The company's results contrast with disappointing figures out of big chipmakers due to a slower-than-expected rebound in China's economic growth.Īpple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved.Īpple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. company by market value rose 2% after Apple exceeded Wall Street's expectations for revenue and profit for the April 1 quarter. May 4 (Reuters) - Apple Inc's (AAPL.O) results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets.
0 kommentar(er)
