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Posts tagged with "earnings"

Apple Announces Q3 2011 Conference Call For July 19

Apple has scheduled its Q3 2011 earnings call for July 19, 2011. The conference call will be streamed live on Apple’s website (audio-only) here.

Apple’s conference call webcast discussing Q3 - 2011 financial results will begin at 2:00pm PT/5:00pm ET on Tuesday, July 19, 2011.

Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties, and that actual results may differ materially from these forward-looking statements. For more information on the factors that could influence results, please refer to Apple’s SEC filings.

In Q2 2011, Apple posted revenue of $24.67 billion, with 4.69 million iPads, 18.65 million iPhones and 3.76 million Macs sold. The company also reported quarterly revenue growth of 83% and profit growth of 95% with international sales were 59% for the quarter. In the year-ago quarter, Apple posted record revenue of $15.7 billion with 3.47 million Macs, 8.4 million iPhones, 9.41 million iPods and 3.27 million iPads sold.

The third quarter is set to provide some insight into the sales of the long-awaited white iPhone 4, and whether or not the lack of a new iPhone release this summer has affected the overall sales of the iPhone 4, now a 12-month old device.

We will provide live updates from the call on our site’s homepage on July 19 starting at 2 PM PDT.

[Thanks, Shawn]

iPhone and iPad Drive Softbank’s Profit Growth

As reported by The Wall Street Journal, Japanese mobile carrier Softbank (the third largest carrier in the country by number of subscribers) has announced record operating profit for the January - March quarter with net profit surging to Y47.41 billion from the Y1.85 billion posted last year. Thanks to high demand for iPhones and iPads, the carrier managed to move away from last year’s “unusual” profit loss, due to the adoption of 3G mobile services, and the discontinuation of 2G. Softbank is the only carrier that sells the iPhone in Japan, and the high demand for the device in a market otherwise saturated by alternative smartphones helped the company achieving record profit during the quarter.

The expansion of the smartphone market led by the iPhone and iPad was a huge factor that contributed to the growth,” said Softbank President and Chief Executive Masayoshi Son.

Softbank’s earnings also reported average revenue per user – also known as ARPU – rose to Y4,210 (from Y4,070) thanks to the iPhone’s growth in Japan. The iPhone became Japan’s best selling cellphone last October, and Softbank later announced a new promotion to give users an iPad for free upon subscribing to the carrier’s two-year data plan.

AT&T Q4 Earnings: 4.1 Million iPhone Activations and 442,000 iPads & Tablets

US-based carrier AT&T has announced its quarterly results for Q4 2010, and there are some interesting numbers in there worth to be considered. The company reported 4.1 million iPhone activations in Q4, the last quarter as the exclusive iPhone carrier in the United States. On February 10, Verizon Wireless will begin selling a CDMA version of the iPhone 4, with pre-order sales starting February 3rd.

Mentioning “continued expansion in new wireless growth areas”, AT&T also announced they added 1.5 million “connected devices” including 442,000 iPads and Android tablets. AT&T started selling the iPad WiFi + 3G model in its retail stores on October 28th, 2010.

AT&T also reported 9.9% growth in wireless revenues and consolidated revenues of $31.4 billion in the fourth quarter. Full press releases embedded below. Read more