Apple sold 43.7 million iPhones last quarter beating expectations; stock soars on split news

Apple sold 43.7 million iPhones last quarter beating expectations; stock soars on split news
Apple reported its fiscal second quarter earnings report and it showed that the company sold 43.7 million Apple iPhones in the three month period. That is down from the 51 million units sold by Apple during its fiscal first quarter, which included the holiday season. A fairer comparison would be with last year's fiscal second quarter, a period that saw Apple sell 37.4 million iPhone units. Wall Street was expecting 38.7 million iPhones to be rung up last quarter.

During the fiscal second quarter, Apple reported sales of 16.3 million Apple iPads. That is a decline from the 19.5 million sold last year, and a big drop off from Wall Street's guess that Apple would sell 19.36 million tablets in the quarter. Apple has been losing share in the tablet market, after dominating the category from its inception.


Apple has also announced a 7 for 1 stock split, and the board has also approved another $30 billion in share buybacks through the end of 2015. Outside of the miss in iPad sales, it was a very positive report from Apple, especially the better than expected iPhone sales. For the period, Apple earned $10.2 billion on $45.6 billion in revenue, beating expectations. After hours, the shares are up $41 to $566.

Apple sold more iPhones last quarter than expected by Wall Street

Apple sold more iPhones last quarter than expected by Wall Street


source: TechCrunch

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81 Comments

1. Ninetysix

Posts: 2933; Member since: Oct 08, 2012

Only 10.2 billion earned??? RIP Apple. Again...

4. Sauce unregistered

Apple earned $45.6 billion in revenue during Q2

75. chebner

Posts: 249; Member since: Oct 17, 2011

You don't earn revenue. Revenue is total sales. In general terms earnings are the profits that are left after all costs and taxes are paid. So through sales they took in $46.2 billion in revenue. After all the bills were paid they earned $10.2 billion.

76. Sauce unregistered

Do your research

78. chebner

Posts: 249; Member since: Oct 17, 2011

What is there to research? Earnings and revenue are completely different. From the article "Apple earned $10.2 billion on $45.6 billion in revenue". It's right there in plain English. They had $45.6 billion in sales. After paying the bills they earned $10.2 billion. Perhaps you need to take finance 101. How the hell can Apple claim their worshipers are smarter than Android owners? You can't even understand a simple financial summary.

79. Sauce unregistered

Stop getting trolled.

80. jroc74

Posts: 6023; Member since: Dec 30, 2010

Yea...thats like basic finance....even if you never took it in school or run a business.

81. chebner

Posts: 249; Member since: Oct 17, 2011

Source said "Apple earned $45.6 billion in revenue during Q2" No they didn't, they earned $10.2 billion. When I corrected him he told me to do some research. Either Source is trolling or he doesn't have a clue about, as you say, "very basic finance".

42. PhoneArenaUser

Posts: 5498; Member since: Aug 05, 2011

Apple Inc. Q2 2014 Unaudited Summary Data:http://images.apple.com/pr/pdf/q2fy14datasum.pdf Notice: 43,719 iPhone units in thousands not in millions! :D

74. Berzerk000

Posts: 4275; Member since: Jun 26, 2011

They mean it differently than you're interpreting it. The numbers are thousands, but you can see at the top it say, "(Units in thousands, Revenue in millions)", so it's 43,719 thousand units, which means you multiply it by 1,000, which gives you 43.7 million. A thousand thousands is a million, and a thousand millions is a billion. So, they sold 43.7 million iPhones and made $26 billion in revenue from it.

77. Sauce unregistered

I believe Berzerk000 just educated you. Quit being so angry at Apple. LOL

2. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

Apple is great at extracting money from the 1% and wannabe 1%, that is for sure.

3. Sauce unregistered

Too bad Samsung or any other company isn't .. LOL

7. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

You got him with that one.

46. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Happy and blissful. The hanging garden.

50. networkdood

Posts: 6330; Member since: Mar 31, 2010

from the 1%? No, they are good at getting money from those who cannot afford their products. Their slick marketing campaigns brainwash millions of Americans each year - it is a Zombie epidemic here - matter of fact, there is going to be a new TV series on this called iZombie...

66. rantao333

Posts: 345; Member since: May 21, 2013

Ya,samsung good at getting money from those who cannot think rationally. you can see samsung marketing campaign everywhere, from oscar to obama, from signboard to newspaper, Tv, cars, Radio, celebrities, anything u can think of. It brainswash millions of world population everyday, its a zombie epidemic worldwide - matter of fact, during 2013 samsung spend more than quadruple what Microsoft and Apple together during 2012. $14 billions has been spend by samsung during 2013 vs $1.1 billion of apple during 2013. Linkhttps://twitter.com/asymco/status/396253597551570944http://bgr.com/2013/11/28/samsung-2013-marketing-budget/

5. AfterShock

Posts: 4146; Member since: Nov 02, 2012

The numbers are mind boggling indeed. Fad & Fortune > Form & Function.

8. superduper

Posts: 151; Member since: Oct 20, 2013

Right now, millions of people are using Word, Excel, Powerpoint, Keynote, Pages, and audio and video production apps on their thin, light, hardware efficient iPads. That sounds like "Form & Function" to me. Meanwhile, millions more people are so busy customizing their launchers, flashing ROMs, and sideloading questionable apps on laggy hardware that they have no time to appreciate what "Form & Function" even means on their tablets. Mind boggling indeed!

12. AfterShock

Posts: 4146; Member since: Nov 02, 2012

Right on the money. After they release a decent sized phone, Ifans can get stuff done without packing two devices. Using a 4in is a joke in today's tech age. It's all about separating you from your money before giving you it all. Cheers

14. AfterShock

Posts: 4146; Member since: Nov 02, 2012

I should add after all, what is most used part of a device, the screen. And here its sporting a small 4in with huge bezels an one that probably causes more retina damage then it does help with its large senior base. 312ppi 4in, enormous bezels, top of the line for what,..yeah close to a grand! They'll extract not only all the money from your wallet but the plasma from your kool aid ridden body for a larger screen device!

20. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

This is quite true about the tiny iPhone screen -- "that probably causes more retina damage then it does help". It is well know that focusing on a tiny screen is quite stressful on the eyes.

15. Napalm_3nema

Posts: 2236; Member since: Jun 14, 2013

Tell that story to the doctors, lawyers, business people, artists, musicians, and any other professionals who use the iPhone in their daily 9 to 5 life. I bet plenty of them would be glad to regale you with tales of how much money they have made from that "4in is a joke" productivity tool.

18. AfterShock

Posts: 4146; Member since: Nov 02, 2012

A lot of the time in professions they have to use what is mandated true enough. Those in professional detail, usually are older an well off an buy because of status too before function even when alternative is equal or better. Glad you pointed that out.

62. networkdood

Posts: 6330; Member since: Mar 31, 2010

The professionals that I interact with most seem to have Samsung devices - some have minis, some have the SGS3/4, and a couple have a Note 3.

25. Sauce unregistered

He is right on the money indeed. -iPad generated 4x mobile web traffic than all Android tablets combined. -iPad has 95% share of education market. -98% customer satisfaction rate among iPad owners, 2/3 of people planning to buy a tablet in next 90 days plan to buy iPad. Fad & Fortune indeed!

53. networkdood

Posts: 6330; Member since: Mar 31, 2010

and yet, more and more non ipads are being sold each quarter and on an Android tablet, you can use them for educational purposes and get college books on them...brainwashed is as brainwashed does...

21. jroc74

Posts: 6023; Member since: Dec 30, 2010

Exactly...because ppl dont use productivity software on Android... :-/ Whats extremely funny tho...is those same practices you mention are done on PC's....and yet it doesnt get frowned upon. Yea...its mind boggling that someone would treat their phone...thats so much like a PC... like a PC..

24. Ninetysix

Posts: 2933; Member since: Oct 08, 2012

Ain't nobody got time for that. We're too busy downloading ROMS, customizing wallpapers, sounds, widgets, toolbars, kernels, modems, themes, launchers, dialers, keyboards, and boot animations! BRB..xda just released another ROM for my S4. Need to nandroid+TiBu.

27. PBXtech

Posts: 1032; Member since: Oct 21, 2013

Nice job speaking for the 1% of Android users. You're the only person I can think of that turns an option into something negative btw. Let me guess, your dad can beat up my dad and your brother is bigger than my brother. amidoingitright?

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