$AAPL Q3 EARNINGS RESULTS HAVE SURPRISES.
Apple Inc. missed street expectations.
Here are the key Q3 data points:
Street expectations:
- $37.1 B in revenue
- $10.36 EPS
- 29M iPhones
- 16M iPads
The street can kiss you know what. As a result of not meeting street expectations, $APPL stock was down 5% to $571.16 in after-hours trading. It closed at $600.92. Most assumptions on missed targets lead to new iPhone launch in the fall - most likely, October 2012.
Other insane Apple Q3 data points:
- iTunes generated $1.8B in revenue
- Number of iPhones in Fortune 500 companiesdoubled
- Pad sales two times greater than Mac sales in the education market (WOW!)
- $AAPL has cash holdings of$117B from $110B in Q2, 2012
- Dividend payment in August was $2.65/share
- 410M cumulative iOS device sales
- $4.084B in retail sales across 372 stores (123 outside USA)
- 813M retail visitors
- China: $5.7B in revenue | To date (Q1-Q3): $12.4B
- 1.3M Apple TV’s sold | Fiscal year to date sold: 4M Apple TV’s sold (some hobby!)
What will happen when Apple sells real consumer household TV’s? Wow.
- Q3 breakdown shows leap for iPhone, dip for Macs (electronista.com)
- Live: Apple fiscal Q3 2012 financial conference call (electronista.com)
- Apple earnings: iPad lacks profit power of iPhone (cbsnews.com)
- iPhone 5 Slowing Apple’s (AAPL) Profit Growth (wallstreetpit.com)
- iPhone Sales Down 26% as Consumers Wait for iPhone 5 (gottabemobile.com)
- CEO Cook On China In Q3: Apple Had $5.7B In Sales, Still Growing At ‘Incredible’ Rate (techcrunch.com)
