Apple's Q3 Results

[silverpig]

Yeah, they did pretty good

Peter Oppenheimer, Apple CFO

Highest quarterly revenue and profit ever.
Record iPhone and iPad sales
June quarter record for Mac sales
Mac sales strong in the Asia Pacific region in particular
Excited to launch OS X Lion tomorrow.
iPod touch continues to account for over half of iPods sold
over 70% of market still
iTunes revenue up 36% year over year.
225 million iTunes accounts
15 billion songs downloaded
iPhone 20.3 million sales
iPad 9.2 million sales
“we sold every iPad we could make”
iPad 2 launched in 36 countries. Now in 64 countries.
86% of Fortune 500 testing or deploying iPad
222 million cumulative iOS device sales through June quarter
iOS 5 – 200 new features — looking forward to launching it this fall
iCloud also previewed in June — also released in the fall
425,000 apps and 15 billion downloads to date
Over $2.5 billion in cumulative payments to devs — far ahead of competitors.
Revenue grew to $3.5 billion in Apple Stores
Opened 4 new stores in the quarter, 327 total Apple Stores now
73.7 million visitors last quarter.
Gross margin 41.7%. On strong iPhone sales, lower commodity costs, and leverage on higher revenue.
$232 million in stock-based compensation.
Cash now $76.2 billion — wow. Gained $10.4 billion
Continue to charge for major OS and iLife sales. But sales will be deferred and recognized over a period of 3 years
Mac users get iCloud in the fall, this will be valued at roughly $22. We’re now deferring that for each new Mac sold (again over 3 years)
Same with iOS devices, now $16 in revenue for iPhone and iPad, $11 for iPod touch.
$25 billion next quarter (guidance)

 

[ViRGE]

$76.2 billion in cash and short-term investments on hand, no debt, $28B in revenue, and $7B in profit. That's not just good, that's insane.😱

If you ever wanted to know what a well-run business looks like, just look at Apple. Demand helps of course, but someone on the backend really knows their stuff.

 

[MotionMan]

http://osxdaily.com/2011/07/19/mac-os-x-lion-release-date-july-20/

MotionMan

 

[manly]

Yeah, they did pretty good

LOL @ Q4 guidance.

Astoundingly Apple managed to beat all but the single frothiest "unaffiliated" analyst estimate.

They did miss on Mac unit sales expectations by about 5%, damn slackers. 😉

 

[Pliablemoose]

<---one happy Apple investor here.

I'm at the point of playing with house money, and it's just over six figures now...

iPhones for everyone....

 

[rugby]

I'm still kicking myself, I had $1k to invest in Apple stock when it was $8/share 2 splits ago. I instead bought a Nintendo, a tv, and a bunch of games.

 

[Ns1]

They did miss on Mac unit sales expectations by about 5%, damn slackers.

time to dump AAPL, they'll never recover.