Apple Earnings Raising Up Caused By Apple's iPhone and Mac On Television Today --- Apple Earnings Raising Up Caused By Apple's iPhone and Mac. Apple shipped 8.75 million iPhones last quarter, versus expectations around 7 million. The technology giant said it doubled sales of its popular iPhone over the same quarter a year ago, selling 8.75 million of the handsets since Dec. 27. That was slightly better than its record sales of 8.7 million during the peak holiday buying season last year.
The greatest technology of apple is Apple's iPhone and Mac. Last quarter's Mac sales were solid: 2.94 million shipped, versus expectations around 2.7 million. And Apple's iPod business is still showing signs of life: 10.89 million units shipped vs. 9 million Street consensus. Apple CEO Steve Jobs took the opportunity to tease new products in the company's earnings release. "We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year," Jobs said in a canned quote.
Best seller of this product become lead. Historically, Apple has guided below Street consensus revenue estimates by 4% and EPS by 12%, according to Piper Jaffray analyst Gene Munster. (Apple then goes on to beat the original Street estimates by an average 3% on revenue and 25% on EPS, Munster notes.) So Munster expects Apple to guide to around $12.4 billion in revenue and $2.33 in EPS. A forecast much stronger than that would be impressive.
One factor that could swing Apple's guidance is the date that it expects to ship its new iPhones. Apple has typically shipped new iPhones in late June or early July, with a big batch of shipments to hit the channel just before retail sales begin. This year, Apple is expected to show off the new iPhone -- of which photos and specs leaked this week -- in early June at its Worldwide Developers Conference. And all analyses we've seen assume a June launch for the new phone.
This month, the company announced a new advertising strategy meant to compete with crosstown technology rival Google Inc. The new product, called iAd, will be built into the next version of Apple's iPhone software and allow it to embed advertisements into many of the small programs, or apps, that run on its mobile devices.
Apple's earnings report came a day after the technology news site Gizmodo sparked an online frenzy when it published pictures of what it said was a yet-unreleased version of Apple's iPhone. The blog said that the phone had been left in a Bay Area bar by an Apple employee, and that editors had obtained the phone by paying $5,000 to the person who found it.
Though the phone appeared to have been disabled by Apple, bloggers were able to decipher some of its features, including a front-facing camera that would allow users to video chat, a higher-resolution screen and a sleeker-looking square body.
Tags: apple news, aapl, iphone 4g, apple iphone 4g, appl
The greatest technology of apple is Apple's iPhone and Mac. Last quarter's Mac sales were solid: 2.94 million shipped, versus expectations around 2.7 million. And Apple's iPod business is still showing signs of life: 10.89 million units shipped vs. 9 million Street consensus. Apple CEO Steve Jobs took the opportunity to tease new products in the company's earnings release. "We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year," Jobs said in a canned quote.
Best seller of this product become lead. Historically, Apple has guided below Street consensus revenue estimates by 4% and EPS by 12%, according to Piper Jaffray analyst Gene Munster. (Apple then goes on to beat the original Street estimates by an average 3% on revenue and 25% on EPS, Munster notes.) So Munster expects Apple to guide to around $12.4 billion in revenue and $2.33 in EPS. A forecast much stronger than that would be impressive.
One factor that could swing Apple's guidance is the date that it expects to ship its new iPhones. Apple has typically shipped new iPhones in late June or early July, with a big batch of shipments to hit the channel just before retail sales begin. This year, Apple is expected to show off the new iPhone -- of which photos and specs leaked this week -- in early June at its Worldwide Developers Conference. And all analyses we've seen assume a June launch for the new phone.
This month, the company announced a new advertising strategy meant to compete with crosstown technology rival Google Inc. The new product, called iAd, will be built into the next version of Apple's iPhone software and allow it to embed advertisements into many of the small programs, or apps, that run on its mobile devices.
Apple's earnings report came a day after the technology news site Gizmodo sparked an online frenzy when it published pictures of what it said was a yet-unreleased version of Apple's iPhone. The blog said that the phone had been left in a Bay Area bar by an Apple employee, and that editors had obtained the phone by paying $5,000 to the person who found it.
Though the phone appeared to have been disabled by Apple, bloggers were able to decipher some of its features, including a front-facing camera that would allow users to video chat, a higher-resolution screen and a sleeker-looking square body.
Tags: apple news, aapl, iphone 4g, apple iphone 4g, appl
