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Apple’s earnings numbers are out!It’s another blow out quarter for Apple, and the stock is up 7% after-hours.
It beat on revenue and earnings. It also beat on iPhone sales.
It missed on iPad sales, and the guidance was lower than expected.
Below are all the key numbers.
Here are the key numbers (expectations via Piper Jaffray/Yahoo Finance):
- Revenue: $39.2 versus $36.81 billion expected by analysts
- EPS: $12.30 versus $10.06 expected by analysts
- iPhone sales: 35.1 million versus 30.5 million expected by analysts, 32 million units is the whisper number
- iPad sales: 11.8 million versus 13 million units expected by analysts, whisper number is also 13 million
- Mac sales: 4 million versus 4.4 million expected by analysts, 4 million units is the whisper number
- June quarter revenue: $34 billion versus $37.4 billion expected by analysts
- June quarter EPS guidance: $8.68 versus $9.92 expected by analysts
OTHER NUMBERS TO CHEW ON:
- Gross Margin: 47.4%
- Total cash, short term, and long term securities: $110 billion
- $14 billion in cash flow from operations
- Profits were up 94%
- iPhone sales were up 88%
- International sales were 64% of revenue
- iPhone ASP: $647
Below is live coverage of the earnings call: