Update am Jan 28:
Share price (WSJ) Close Jan 27 was $109.14
Instant analyst opinions/headlines:
- Bloomberg – Announces Record iPhone Sales Over Holiday Quarter
- Financial Times – Reports Largest profit in History
- Reuters - iPhone sales trample expectations as profit sets global record
- Wall Street Journal - ‘Staggering’ iPhone Demand Helps Lift Apple’s Quarterly Profit by 38%
Our view – Truly incredible set of results but the next quarters guidance does not seem to envisage this continuing April introduction of the Apple Watch is slightly disappointing. If the Watch is to be an “Other” product castegory rather than an addition to the current threesome then a new product group (based on historical timescales) is becoming overdue!
Update 10.45 pm GMT Jan 27:
Revenues and EPS way above analysts estimates & Apple guidance – share price up (after hours) by about $5 so far!
Q1 Revenues/EPS: $74.6bn/$3.06
Q1 Unit sales (millions) iPhones –74.5, iPads – 21.4, Macs – 5.5.
Q2 – 2015 Guidance Revenues/Gross margin $52-$55 bn / 38.5% – 39.5%
Original post with Schedule updated – it was the iPhones what done it!
Apple results, for their Q1 2015 (13 weeks ending December 27) should be released around 9.30 pm GMT followed fairly rapidly by their Conference Call at 10pm GMT (2pm PDT) which you can listen to live.
The, sort of, headline figures to look out for we think are Revenues well ahead of their guidance mid point of $65 billion with “The Street” expecting over $68 billion.
No Apple Watch revenues until likely later in 2015 and iPods disappear into Other!
The source of much of our information is Philip Elmer-Dewitt over at Fortune to whom we, and likely many others are indebted.
Our normal graphic uses his info for the Professionals and Amateurs figures and the mid guidance information from Apple. We also add our guesses.
We will report back later after the results are released and the Conference call has taken place. Usually the Q & A session are worthwhile.