News Breaks |
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| April 24, 2012 |
| 11:10 EDT |  | AAPL | Earnings Preview: Apple could show a modest beat for Q2
Apple (AAPL) is expected to report Q2 earnings after the market close on Tuesday, April 24, with a conference call scheduled for 5:00 pm ET. The consensus estimate is $10.06 for EPS and $36.81B for revenue, according to First Call. Apple guidance for Q2 is EPS of about $8.50, on revenue of $32.5B. Whisper numbers are for EPS of $11.57, revenue of $41.87B, and gross margin at 42.1%. Whisper for units sold: iPhones: 31.73M, iPods: 15.77M, iPads: 14.17M, Macs: 5.14M, compared to Q1 reported figures of 37.04M iPhones sold, 15.4M iPods, 15.43M iPads sold, and 5.2M Macs sold. Without leadership from Apple tonight, some feel it is going to be tough for the market to escape its recent funk. Investors will be paying particularly attention to iPhone sales, given recent worries of a slowdown. The iPhone accounted for 52.66% of Apple's revenue in its most recent quarter. Concerns about iPhone sales grew last week, when Apple supplier Qualcomm (QCOM) said it's seeing supply constraints for its 28 nanometer chips during its Q2 earnings call. There are also concerns that telecom giants AT&T (T) and Verizon (VZ) may cut subsidies for the iPhone, as it's proven to weigh on their margins. This leaves the potential for Apple to sell fewer phones. Verizon said it activated 3.2M iPhones during the last quarter, down from 4.2M the previous quarter. AT&T announced Tuesday that it activated 4.3M iPhones during its Q1, below Wall Street expectations. Piper Jaffray's Gene Munster said he believes the fears of a subsidy cut are overblown. Jon Najarian, co-founder of TradeMonster.com thinks that Apple's Q2 focus will be about Mac sales and outlook going forward -- rather than the iPhone 4S and new iPad. There hasn't been a refresh on Mac products in over a year. Mac accounts for roughly 15% of Apple revenues. Najarian wonders not if Apple can top estimates, but "how big the beat will be." With EPS of $9.95 as the base case Najarian "wouldn't be surprised to hear a $10.50 or $11.00 number." Wedbush's quarter preview said that Mac sales could be soft ahead of a refresh. Wedbush estimates Q2 Mac shipments worldwide of 4.3M units, up 14% year-over-year, but down 18% quarter-over-quarter. |
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News For AAPL From The Last 14 Days Check below for free stories on AAPL the last two weeks. |
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| May 24, 2013 |
| 16:00 EDT |  | AAPL | Options Update; May 24, 2013
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| 11:22 EDT |  | AAPL | Best Buy to cut iPhone prices, AllThingsD says
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| 10:40 EDT | | AAPL | Apple's iOS to become flatter, more black and white, 9to5Mac says
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| 09:43 EDT | | AAPL | Active equity option families trading
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| 07:49 EDT | | AAPL | Rumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link |
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| 07:11 EDT | | AAPL | Apple nearly tax free in Ireland since 1980, Reuters reports
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| 06:10 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
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| 06:05 EDT | | AAPL | FDA targets IPhone urinalysis app, Bloomberg reports
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| May 23, 2013 |
| 19:50 EDT | | AAPL | Apple faces potential setback in e-books case, WSJ reports
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| 16:00 EDT | | AAPL | Options Update; May 23, 2013
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| 09:59 EDT | | AAPL | Analyst: Apple won't launch computerized watch until late 2014, BGR says
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| 09:37 EDT | | AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ |
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| 09:25 EDT |  | AAPL | Samsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second. |
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| 07:11 EDT | | AAPL | EU's Barnier wants big companies to disclose national tax bills, Reuters reports
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| 06:08 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
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| 06:04 EDT | | AAPL | Apple hoping to launch music service at June conference, NY Post reports
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| 05:45 EDT | | AAPL | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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| May 22, 2013 |
| 12:07 EDT | | AAPL | Consumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
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| 09:42 EDT |  | AAPL | Apple rises in early trading, levels to watch
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| 09:39 EDT | | AAPL | Active equity option families trading
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