Jump in Apple iPhone sales leads Apple to report higher Q3 earnings

Jump in Apple iPhone sales leads Apple to report higher Q3 earnings
Apple sold 35.2 million units of the Apple iPhone during its fiscal third quarter, up from 31.2 million units sold in the same quarter last year. This led the tech titan to report earnings of $7.7 billion for the period, or $1.28 a share. That compares to the $1.23 a share that Wall Street was expecting. Revenue for the period came in at $37.4 billion, slightly less than the $38 billion that analysts were looking for.

Apple iPad sales continued its downward path. For the recently ended three month period, Apple sold 13.2 million tablets vs.14.6 million last year, and 17 million the year before that.

For the current quarter that ends in September, Apple forecasts sales of $37 billion to $40 billion, slightly less than what Wall Street is expecting ($40.44 billion). Apple is estimating margins of 37% to 38%. The company also announced a dividend of 47 cents a share.

Overall, it is a mixed report for Apple. While iPhone sales rose, they still came in under the 35.9 million that analysts were looking for. After hours, the stock is down 25 cents to 94.47.

source: CNET

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94 Comments

1. Ninetysix

Posts: 2962; Member since: Oct 08, 2012

But but that Fandroid guy said that apple is dead :( I'm so confused right now...

3. HansGoneInsane unregistered

I am confident that Apple will even top that with the next Gen iPhone. iPhone 6 is going to be an Android profit margin killer.

8. tedkord

Posts: 17289; Member since: Jun 17, 2009

Haven't heard that every year since 2009.

9. HansGoneInsane unregistered

You also haven't experienced the situation before that Samsung is attacking a next Gen iPhone before it even got announced. Some managers in South Korea really start to panic. http://www.phonearena.com/news/Samsung-to-iPhone-users-the-thing-youve-been-waiting-on-for-years-is-already-here-and-its-the-Galaxy-S5_id58445

21. Vexify

Posts: 570; Member since: Jun 16, 2014

Obvious threatened Samsung is obvious xD

44. tedkord

Posts: 17289; Member since: Jun 17, 2009

Oh, well that proves your original point. Oh wait, it has nothing to do with it....

46. HansGoneInsane unregistered

You might have noticed the word "also" in my comment referring to your comment and not my first comment.

63. techperson211

Posts: 1280; Member since: Feb 27, 2014

77. kryme

Posts: 468; Member since: Oct 24, 2013

lol remember the millions of people who went with apple just because android phones r too big.... apple should have went with 4.4inch screent and play it safe

93. marcski07

Posts: 600; Member since: Apr 25, 2014

4.7 is safe. :) IMO. :)

5. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

Apple is rotten. Not dead.

11. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

you hate so much , dont you ?

16. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

I do. I really do and I'm not afraid to admit it. They don't deserve to be the best anymore. What have they done in the past few years? Nothing. Apple completely lost it after Steve Jobs. The thing just is, that they were able to create such a huge and valuable brand so they're in a point where it's almost impossible just to fall as long as they play it safe. And that's exactly what they have been doing. They play it safe, make sure they don't change too much and the fans will love it. No risks, no innovation, no progression. Jobs had that amazing passion to change the world. He wanted to create something amazing. He did it. He will be remembered forever. Unfortunately Apple's current leadership has no intension to make a change. Just make sure that the dollars, euros, yens fall into their pockets ina steady flow.

19. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

*intention

20. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

you were apple user once ?

24. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

Nope.

25. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

good for you never go to apple

28. ArtSim98

Posts: 3535; Member since: Dec 21, 2012

I'm kinda disappointed that that's all you have to say after all the huge effort I put into my comment lol :p

83. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

bcuze there was an only thing to say

22. HansGoneInsane unregistered

As one could already see at WWDC 2014, Apple did not stand still over the last 4 years. They were executing a well worked out plan. For example they worked for 4 years on their programming language Swift. Tim Cook said that there won't be larger screens for iPhones until the technology for that would be ready. Apparently this year the technology is ready. Lets see what Apple has to offer for 2014. My feeling tells me that this year the world will learn what Apple has worked on over the last 4 years and that this won't be good news for the Android world.

45. tedkord

Posts: 17289; Member since: Jun 17, 2009

The technology for larger screened phones has been ready for several years, as evidenced by all the larger screened phones that existed.

49. HansGoneInsane unregistered

Obviously not for the way Apple wants to implement it. Super slim design means low capacity battery. This combo won't work with traditional larger sized screens. That is why Apple will go for Quantum Dot Screens. They don't need LED Backlight, therewith comsume only half the energy current IPS LED panels consume. This kind of screen also requires less space making an even slimmer device possible.That is state of the art technology. Apple already owns patents for Quantum Dot Screens. Such screens also feature much better color accuracy and a larger color range. http://www.phonearena.com/news/The-next-iPhone-could-have-an-impressive-display-with-Quantum-Dot-technology_id53109 http://en.wikipedia.org/wiki/Quantum_dot_display

86. RebelwithoutaClue unregistered

Lol I read an article on this on BGR and this line catched my attention: The Quantum Dot technology may come from Nanosys, a company that has more than 300 patents on QD displays, with Samsung being one of its major investors

78. kryme

Posts: 468; Member since: Oct 24, 2013

they still living in jobs 10years plan...

64. InspectorGadget80 unregistered

Note IV will CRUSH the IPH6

71. Ninetysix

Posts: 2962; Member since: Oct 08, 2012

Almost choked on my bbq chicken when I read this. You better not be talking about sales :)

72. AfterShock

Posts: 4146; Member since: Nov 02, 2012

Probably in capability, Idk.

6. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

dont mind the fanboys let them live in their little world

7. HansGoneInsane unregistered

Please shut up and enjoy your device.

10. nohatenofanboy

Posts: 515; Member since: Jul 15, 2014

please shut up and enjoy my comment

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