Apple profit tops expectations on strong iPhone sales Sales of - TopicsExpress



          

Apple profit tops expectations on strong iPhone sales Sales of smartphone jump 12.7% in latest quarter, ahead of expected refresh CUPERTINO, Calif., Jul 22, 2014 (BUSINESS WIRE) -- Apple® today announced financial results for its fiscal 2014 third quarter ended June 28, 2014. The Company posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share. These results compare to revenue of $35.3 billion and net profit of $6.9 billion, or $1.07 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue. The Cupertino, Calif., company said it sold 35.2 million iPhones in the quarter ended June 28, up 12.7% from the 31.2 million units in the year-ago period. The latest figure was just shy of analysts’ projections for sales of 35.9 million iPhones. “We’re thrilled with the results, and we’re thrilled with where we are going. The momentum is really strong,” Apple Chief Executive Tim Cook said in an interview with The Wall Street Journal. Cook said the strong iPhone sales were driven by demand from Brazil, Russia, India, and China -- collectively known as the BRIC countries. “The BRIC countries were unbelievable,” said Cook, noting that iPhone sales in those countries rose 55%, including a 48% increase in China alone. Apple said profit in its fiscal third quarter was $7.75 billion, up 12.3% from $6.9 billion in the year-ago period. Apple’s earnings per share rose to $1.28 from $1.07, adjusted for the company’s recent 7-for-1 stock split and lifted by the company’s stock repurchase program, which decreased the pool of total shares compared with a year earlier. Revenue rose 6% to $37.43 billion from $35.32 billion in the same period a year earlier. Analysts, on average, estimated that Apple would post earnings of $7.49 billion, or $1.23 per share, on revenue of $37.99 billion, according to Thomson Reuters. Apple shares were relatively flat in after-hours trading. --------------------------------------------------- Apple is providing the following guidance for its fiscal 2014 fourth quarter: • revenue between $37 billion and $40 billion • gross margin between 37 percent and 38 percent • operating expenses between $4.75 billion and $4.85 billion • other income/(expense) of $250 million • tax rate of 26.1 percent ******************************************** TIG評論 蘋果昨日收盤94.72 盤後收94.15 單季獲利1.28 94.15/1.28=73.55 不過 下一季的營收預估 只有持平或者低於10%的成長 可能須要等到IPHONE6 在今年第四季出貨後 才會有比較顯著的成長 以目前以及次一季的股價獲利比來看 現階段買進APPLE獲利空間有限 評等持有
Posted on: Wed, 23 Jul 2014 05:31:11 +0000

Trending Topics



Recently Viewed Topics




© 2015