Apple reports Q4 earnings, exceeds estimates

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Today’s earnings call with Apple has blown the minds of analysts as the Cupertino based company showed another strong quarter. Predictions for revenue was around $9.4 billion, but Apple topped it with $9.87 billion in revenue and a quarterly profit of $1.67 billion. Earnings per share is $1.82 where the consensus was at about $1.42 and whispers of $1.65. Strong sales pushed these substantial increases in profit: 3.05 million Macs (17% increase from last year), 10.2 million iPods (eight percent decrease) and 7.4 million iPhones (seven percent increase). Elated by the September quarter results, Apple CFO Peter Oppenheimer says, “For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.”

Is anyone really surprised? Amidst a recovering economy, Apple has been pulling impressive numbers and showing some solid growth.

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65 Comments
  • http://www.thenetworkgarden.com Mark Sigal

    Personally, the most impressive part of the earnings was the Mac side of the story, where growth is outpacing the rest of the market handily 17% to 2%.

    Plus, when you understand how much of that growth is coming from Portables, you understand why the Tablet is inevitable, something that I blogged about in:

    The Right Stuff: Analysis of Apple’s Q4 Earnings Call
    http://bit.ly/RJAPA

    Check it out, if interested.

    Mark

  • klaatu

    no Iphone or Ipod for me, just Imac and macbook, oh,….. and Apple stock: bought 6 mos. ago at $107. today is $189. and rising. If there is a company making good products you use, invest in them and their success will be your success. All it took was $107.

  • rON

    “Is anyone really surprised? Amidst a recovering economy, Apple has been pulling impressive numbers and showing some solid growth.”

    Where is the recovery??? Just take a look at the other PC companies. Dell for instance – closing their assembly plants. Apple has more money in the bank than Dull – sorry Dell – is worth. Dell’s owner said that Apple should close up shop and give the money back to their investors. Hahahahahaha. Michael Dell = fool.

  • chris

    seriously 1 share?? lol whats the point?

  • rON

    Some of you windows whiners sound like the wankers who write that Rush Limbaugh spouts lies and that Fox news is biased. The Detroit gang in the (dare I say it?) ‘White’ house is trying to shut them down both by using Gestapo tactics. Apple makes the best products. If you put a high end PC (with the same specs) up against a Mac, you’ll discover that they are similar in price. Don’t bitch about Macs until you’ve used one for a while. Don’t bitch about Rush or Fox until you’ve listened or watched for a while. I’ll stay on my high horse, I like the view.

  • rON

    Monica, “We should care what affects our wallet that that fat old guy wearing a suit on Wall St. Until Apple feels the pain.”

    Mr. Jobs is quite thin.

  • richboy

    Love it!!! I have made a killing off this stock. :) Now I just need to figure out what to do with all this motherf***ing money. Oh the decisions some people have to go through in life. ;)

  • Pliablemoose

    They didn’t use the new accounting rules in reporting earnings for this quarter and were unwilling to discuss if they would even use the new rules next quarter.

  • The REAL Paul

    @ Paul:

    The little company named Apple is the second largest tech company in the US by market cap about 6 times the value of Dell, more valuable than Cisco, IBM and Google. HAHAHA

  • http://www.cigarchoice.net Scott Heiser

    I am not at all surprised by this. I am an MCSE by trade, and own almost ALL Apple/Mac products from an Iphone, to Ipod, to Imac to Macbook, with one PC… Only because thats my livelihood. I also have Mac stock. There is a reason there are no technical certifications for Mac’s. They simply DO NOT crash as much as PC’s, in my experience. I am a PC to Mac convert and love it!
    Scott

  • http://www.google.com Jay Jacobson

    Correction, more valuable than Cisco, IBM, and Google COMBINED.

  • joe

    Let’s see. The iPhone revolutionized cell phones and everyone is imitating and trying to catch up.
    The iTouch is far and away the best portable music device out there and everyone is trying to imitate and catch up.
    Macs are far better computers than PCs and Mac OS is far superior to Windows. Oh and by the way, Microsoft has taken every good feature in Mac OS and tried to emulate in Windows, but not nearly as well.
    Stock is so strong because they make products people want and they work.
    Full disclosure, I own APPL shares and am doing quite well thank you.

    iphone was 3 years ago. And the LG prada came out before the iphone did. So much for revolutionary prodcut. IT’s and outdated and overhyped machine that have idiot american sucking at the teet of Apple corporation. At the end of the story, Apple will flying the corporate jets with multimillion dollar mansions, while the sub-prime dorks on Engadget and boy genius will stil shell out one thousand large for a product that isn’t worth half its price. Enjoy the Apple heroine. I sure won’t suck the opium.

    BTW, Samsung came out with OLED technology which blow the shit balls out of your stupid brick iphone. Yeah, and who’s providin Apple the technoloy for the ipods and iphones. That’s right Samsung. That Korean companyw will stop helping Apple’s needy pompass asses. Instead Samsung will create implement cutting edge technology into their OWN Samsung devices, Not Apples. So, go suck it brainwashed retards

  • Josh

    How about Apple pwned the consumer. Do you believe us now that Macs are overpriced. They defied the economy while making there “precious” customers pay extravagant prices

  • Hamza

    Where are the “Apple sucks!” people?!! Yeah boy! Apple Fucked the ECONOMY LMAO!!!!!!

    • jeff

      APPLE SUCK

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