Apple had its best quarter ever in education, CEO Tim Cook said today on the company’s quarterly earnings call. That includes the companies highest sales ever, and a 94 percent tablet market share for iPad.
Apple reported its fourth quarter and year-end numbers for 2013, and the results are simultaneously amazing — and amazingly forgettable.
Apple released its fourth quarter numbers today, and the results were pretty similar to what most analysts had predicted: good but not great, up from 2012 but not by much.
Just after the launch of the very-successful iPhone 5S and the not-quite-as-hot iPhone 5C, Apple told analysts to expect $36-37 billion in revenue and perhaps $7 billion in profit for its fourth quarter of 2013.
Apple sold 31.2 million iPhones and 14.6 million iPads in its fiscal third quarter. The iPhone results were great while the iPad disappointed.
The first part of Tim Cook’s answer was exactly what Wall Street wanted to hear. The second part, not so much.
Apple investors did not get the shot in the arm they were hoping for this afternoon as the company released its second quarter numbers. At least, not from Apple’s actual sales results.
Despite record revenue and iOS sales reported in today’s earnings report, Apple’s stock has sunk a staggering 10 percent in after-hours trading.
Apple CEO Tim Cook said his company has sold half a billion iOS devices to date and “sold 10 iOS devices per second” last quarter, he said today during Apple’s quarterly earnings conference call.
Apple missed the mark for iPhone shipments — though it was still a healthy bump from last year.
Analysts aren’t going big on their expectations for Apple’s earnings this quarter.
Apple posted another record-breaking quarter by making $7.3 billion — or $7.79 in earnings per share — in income off $28.6 billion in revenue.
Apple has shipped 7.5 million iPads since it launched in April, turning it into the largest player in the tablet computer market. The company grabbed that position in just six months thanks to its focus on a single device and surprising contributions from enterprise sales, Apple executives said on its quarterly conference call to discuss earnings.
“We’ve now passed RIM, and I don’t see them catching up with us in the foreseeable future,” Apple’s CEO Steve Jobs said today. And with that, he began ruthlessly tearing down Apple’s mobile competition.
Apple says it generated more than $20 billion in revenue this quarter after selling nearly twice as many iPhones as it did during the same quarter last year.
In its fourth quarter earning results today, Apple announced that iPhone sales rose 91 percent year-over-year to 14.1 million units sold.