“Apple made history — not to mention an obscene amount of money — in its last quarterly result,” Jon Swartz reports for USA Today. “Let us count the ways: A record 74.5 million iPhones sold. The largest quarterly profit — a staggering $18 billion — in corporate history. A mountain of revenue generated ($74.6 billion) on stellar earnings of $3.06 a share.”
MacDailyNews Take: Stupid question, obviously — unless we missed Christmas in February.
“So, can it possibly top such an historic quarter, when it reports its fiscal second-quarter results late Monday?” Swartz wonders. “No one reasonably expects the same iPhone results. Apple was the beneficiary of white-hot sales of a long-awaited bigger-screen smartphone during the holiday season, its best quarter of the year.”
“On the revenue side, analysts expect Apple to ring up $55.9 billion, up 22% from the same quarter a year earlier, according to research firm FactSet,” Swartz reports. “Analysts are calling for the company to report 29.5% higher adjusted earnings of $2.15 a share. Investors are gobbling up shares in anticipation of the results, to be announced after markets close. Apple’s stock closed at $130.28 on Friday, up 18% for the year and 61% in the last 12 months.”
Read more in the full article here.
MacDailyNews Note: We’ll bring you Apple’s Q215 results on Monday, April 27th right around 4:30pm EDT. Following that, we’ll cover Apple’s conference call with live notes beginning at 5pm (check our home page tomorrow at approximately 4:45pm EDT for the link).