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  • aaplpiper_2000_2011 aaplpiper_2000_2011 Oct 18, 2011 5:36 PM Flag

    Apple Inc.'s CEO and CFO seem EXTREMELY pleased! So am I!

     

    http://macdailynews.com/2011/10/18/macdailynews-presents-live-notes-from-apple’s-q411-conference-call/


    "MacDailyNews presents live notes from Apple’s Q411 Conference Call
    Tuesday, October 18, 2011 · 4:54 pm · 6 Comments

    MacDailyNews presents live notes from Apple’s Q411 Conference Call with analysts starting at 5pm EDT/2pm PDT today.

    • Apple iPad sets new record in quarterly sales
    • Apple Mac sets new record in quarterly sales

    • Apple “thrilled” to be shipping iPhone 4S and extremely excited about Siri personal assistant.
    • Lowes rolling out over 40,000 Apple iPhones in stores
    • As Apple expected, iPhone sales were negatively affected as expectations of a new iPhone in autumn spread after WWDC iCloud and iOS 5 announcements.

    • Peter Oppenheimer, Apple CFO: “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”

    • Annual revenue of $108 billion and earnings of $26 billion
    • 17.07 million iPhones, representing 21 percent unit growth YOY
    • 11.12 million iPads, a 166 percent unit increase YOY
    • 4.89 million Macs during the quarter, a 26 percent unit increase YOY
    • Apple sold 6.62 million iPods, a 27 percent unit decline YOY
    • International sales accounted for 63 percent of the quarter’s revenue.
    • Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter
    • Versus revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter
    • Apple posted revenue of $28.27 billion, net profit of $6.62 billion, or $7.05 per diluted share

    • Cook: Apple expresses gratitude for all of the condolences received on the passing of Steve Jobs.
    • Cook: The world has lost a visionary in Steve Jobs. His spirit will forever be the foundation of Apple.

    • Call begins
    • Awaiting start of conference call…
    • 4:53pm ET: AAPL down $26.44, or -6.26%, to $395.80 per share."

    This topic is deleted.
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