Apple will announce the company’s Q4 06 and FY 06 earnings and hold an earnings call with analysts on October 18, 2006 after NASDAQ market close.
The quarterly conference call webcast information is expected to be announced soon.
Apple’s 2006 earnings and unit sales information through Q3:
• Q1 (ended 12/31/05): revenue of $5.75 billion, net quarterly profit of $565 million, 1.254 million Macs, 14.043 million iPods
• Q2 (ended 04/01/06): revenue of $4.36 billion, net quarterly profit of $410 million, 1.112 million Macs, 08.526 million iPods
• Q3 (ended 07/01/06): revenue of $4.37 billion, net quarterly profit of $472 million, 1.327 million Macs, 08.111 million iPods
So far in 2006, Apple has posted revenue of $14.48 billion, net profit of $1.447 billion, and sold 3,693,000 Macs and 30,680,000 iPods.
For reference, Apple’s Q4 2005:
• Q4 (ended 09/24/06): revenue of $3.68 billion, net quarterly profit of $430 million, 1.236 million Macs, 06.451 million iPods
In the last earnings report in July, Apple CFO Peter Oppenheimer stated, “Looking ahead to the fourth quarter of fiscal 2006, we expect revenue of about $4.5 to $4.6 billion.”
Yesterday, Citgroup analyst Richard Gardner told clients in a research note that, for Apple’s Q4 2006 (ending September), he is modeling sales of 9 million iPods and expects Apple Computer to sell 18.8 million iPods during Apple’s (Q1 07) December quarter.
I’m confused…
Citigroup downgrades Apple to Hold.
Yet, says that iPod sales will increase, year over year, by 34%
(18.8 million vs 14 million)
It looks like Citigroup is confused. They will learn soon.
I have followed Apple for years and have found most analysts do not understand Apple at all! Lately its been easy for them because Apple’s success has been so entirely obvious – but let the numbers come in below expectations (their expectations by the way) and the stock will take a HUGE plummet – that’s when I’ll be buying next.
Yes, me too; it’s not consistent.
To my mind the iPod sales are now a given. Growth will continue at anything up to 25 or even 30%.
What is going to be REALLY interesting is the level of Mac sales growth now we are properly into the Intel sales era…
I agree with Macaday. How many laptops and new intel pro machines have Apple been able to sell? Magicnumber for me will be 1M laptops.
The Xmas quarter will be big. Hopefully 1.5M macs, maybe even 2M. That will really begin to boost their profit margin just like the iPods did once the volume sales kick in.
I don’t think we’re properly into the Intel era until there are universal versions of Office and Photoshop.
Prediction:
Like every other quarter, earnings will exceed analysts estimate, and stock will plummet.
I think they downgrade a stock just to drive the stock price down. Then they go out and buy and bunch of shares and then upgrade the stock a few weeks later and they make a nice bundle of cash.
I think they are lousy for manipulating stock prices for their own benefit. They look into supply chains and believe they can prognosticate definite information about future sales. I can’t stand analysts. Maybe investors are too easily swayed by the words of these stock critics.
Macaday,
I do really like the elevated sales of macs, but I question whether or not this is a permanent increase. I am a college student, and when I look around campus every mac I see, including mine, is either a macbook or a macbook pro. I don’t see a single powerbook or ibook. Last year I saw plenty of powerbooks and ibooks. So I question whether macs are really gaining user base, or if everybody with a g4/g5 decided to upgrade at once, as I did, leading to the huge sales increase last quarter. I am hoping for the former.
“I think they downgrade a stock just to drive the stock price down. Then they go out and buy and bunch of shares and then upgrade the stock a few weeks later and they make a nice bundle of cash.”
Ding!
We have a winner…
Nothing more complex than a little market manipulation going on here.
Prize goes to Odo.
Many of you underestimate the incompetence of most analysts, figuring it must be corruption. While occasionally there is real corruption, much more often the answer is simple ignorance. BTW, Gardner pledged that he did not own any Apple stock; no guarantee, to be sure, but in most cases accurate.
I’ve known many analysts–no, not THAT way–and the great majority are just slick talkers with a very superficial understanding of their industry sector. As for how you could get a well-paying job like that without knowing much, it’s all about networking, a degree from an elite school, and good interview skills.
Kate, you aren’t really a girl, are you? I thought these forums were just full of nerdy computer guys. Gosh, I guess I’ve been stereotyping. Nerdy computer girls exist too?
Face, Your a hammerhead. Your post sounds like you would hit on a stick. Someone gives you an intelligent and truthful opinion, on the way things are and you open your mouth and sputter nonsense.
You’re a hammerhead. No sense of humor opie?
face,
are you sure that you’d be able to tell the difference between a macbook and an ibook, or a macbook pro and a powerbook from a distance? we all can see the difference from close observance, but really, how many have you seen from that close?
Robin, You might find it inside the glove box. If not, try the closet downstairs.
Sounds great but how many Microsoft points will Apple earn?