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Apple's quarterly earnings

Apple Earnings Money Cash (1020)

As Apple's value leaps above that of major retailers, tech competitors, and even oil giants, its quarterly earnings have become all the more anticipated. Alongside releasing financial details, Apple's earnings have a history of being followed by a conference call with Tim Cook, who — aside from speaking to the company's performance — has a history of teasing what's to come for Apple as well. As you can see in the chart below, Apple's performance has been continually reaching new heights as the iPhone and iPad become more and more popular. In our StoryStream below, you can follow along with each quarter's numbers to see how Apple is faring.


10 updates and 3128 comments below.

Oct 28 4:33p

Apple Q4 results: revenues rise but profits fall

Apple has just published its financial results for its final fiscal quarter of 2013, revealing a $7.5 billion profit on $37.5 billion in revenue. That's up on last year's $36 billion revenue, but gross margin is down from 40 percent last year to 37 percent. The figures beat expectations — Apple gave guidance of $34 to $37 billion revenue for the quarter and recently clarified that it expected the results to be "near the high end" of that guidance.

Jul 23 4:32p

Apple posts $6.9 billion profit in Q3 as iPad sales shrink to 14.6 million

Apple today published its financial results for its third fiscal quarter of 2013, reporting a $6.9 billion profit on $35.3 billion in revenue. That's roughly level in revenue terms with last year's $35 billion revenue, but profit was down a massive 21.6 percent from the same period's $8.8 billion. Both figures were also down from last quarter's $9.5 billion on $43.6 billion. At the end of last quarter, the company forecast revenue in the range of $33.5 billion - $35.5 billion, and Thomson...

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Apr 23 4:32p

Apple posts $9.5b profit on $43.6b in revenue, but iPhone growth slows at 37.4m units sold

Apple just posted its hotly-anticipated Q2 2013 earnings, and the company posted a profit of $9.5b on revenues of $43.6b, compared to $11.6b in profit on $39.2b in revenue this quarter last year and $13.1b in profit on $54.5b in revenue last quarter. That's right in line with the company's guidance from last quarter.

Most importantly, iPhone sales are fairly flat year-over-year. Apple sold 37.04 million in Q2 2013 versus last year's 35.1 million, a modest growth of seven percent. iPad sales...

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Jan 23 4:33p

Apple posts record earnings for Q1 2013: $13.1b profit on $54.5b revenue, record 47.8m iPhones sold

Apple just announced its Q1 2013 earnings, and the company posted a record $13.1b profit on a record $54.5b in revenue. That's just over last year's record of $13.06b profit on $46.33b in revenue at this time last year, and well over the $8.2b profit on $36 billion in revenue in the last quarter.

Importantly, iPhone sales were a record 47.8m compared to 37.04m iPhones a year ago and 26.9m iPhones last quarter, and iPad sales also set a record at 22.9m sold, compared to 15.43m last year and...

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Oct 25 4:33p

Apple posts record $8.2b profit on $36b in revenue for Q4 2012, still misses Wall Street expectations

Apple's just released its Q4 2012 earnings report, posting an $8.2b profit on $36 billion in revenue, breaking its record Q4 2011 of $6.62b profit on $28.27b in revenue. The gains were almost entirely driven by a 58 percent increase in iPhone sales with 26.9m units sold, up from 17m last year, and a 26 percent increase in iPad sales with 14m sold, up from 11m last year. Of particular note, the iPhone 5 isn't a huge part of these numbers — it was only on sale for nine days in Q4. Later,...

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Jul 24 4:49p

Apple posts rare earnings miss on weaker than expected iPhone sales

Apple's profits rarely disappoint, but nobody can beat the Street forever. Apple reported quarterly earnings of $9.32 per share ($8.8 billion total) on $35 billion in revenue. It's a $1.5 billion gain over last year's profit in the same quarter, but missed analyst estimates of $10.37 earnings per share.

"We're thrilled with record sales of 17 million iPads in the June quarter," said Tim Cook, Apple’s CEO. "We've also just updated the entire MacBook line, will release Mountain Lion tomorrow...

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Apr 24 4:32p

Apple sells 35 million iPhones, posts $11.6 billion profit in record Q2

Apple just announced its Q2 2012 results with $11.6 billion in profit from $39.2 billion revenue — a huge increase from the $5.99 billion profit and $24.67 billion revenue reported in Q1 2011. It didn't quite hit the same level as Apple's record-breaking previous quarter, but that had the added benefit of a gift-giving holiday season. As usual, this is a record quarter for the company. Cue the surprise.

35.1 million iPhones were sold in this quarter alone — an 88 percent increase over...

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Jan 24 4:36p

Apple reports massive Q1 2012 results with $13.06b profit, iPhone sales up 128 percent

Apple just announced its Q1 2012 results, and the company booked a $13.06 billion profit on $46.33 billion in revenue, marking the biggest quarter in company history — well over 50 percent larger than its previous record in Q3 2011. Apple sold a remarkable 37.04 million iPhones, 15.43 million iPads and 5.3 million Macs during the quarter, which represent increases of 128 percent, 111 percent, and 26 percent from last year. That's two million more smartphones sold than Samsung shipped last...

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Oct 18 4:37p

Apple posts record Q4 2011 earnings: $6.62b profit on$28.27b revenue, 11.1m iPads and 17m iPhones sold (liveblog)

Apple just announced its Q4 2011 numbers, and as usual the company has had a record quarter: $6.62b in profit on $28.27b in revenue, with 11.1m iPads and 17m iPhones sold. That's a 21 percent increase in iPhone sales and a 166 percent increase in iPad sales from a year ago—a new quarterly sales record for the tablet. Apple also sold a record number of Macs, with sales up 26 percent to 4.89m, while the iPod line continues to decline with sales down 27 percent to 6.67m units. Apple's earnings...

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Jul 19 4:44p

Apple announces Q3 2011 earnings: $7.31b profit on $28.57b revenue, iPhone, iPad sales way up (update: audio!)

CEO succession controversy or not, Apple just announced its Q3 2011 results, and they're as solid as expected: Cupertino posted yet another record quarter, with a 125 percent jump in profits to $7.31b on an 82 percent increase in revenue to $28.57b. iPhone sales were up 142 percent over last year with 20.34m sold, and the iPad 2 was a rousing success as well, with sales up 183 percent to 9.25m sold. (That's double the iPads sold last quarter, for comparison.) Apple also sold 3.95m Macs, up 14...

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Apr 20 7:12p

Apple's Q2 2011 financial results: the breakdown

Apple announced its Q2 2011 results today, and yes -- it's been another record quarter in Cupertino, with profits of $5.99 billion on $24.67 billion in revenue. That's up almost double last year's $3.07b profits on $13.50b in revenue. Profit margins held steady at 41.4 percent, so it seems the big numbers mostly to do with increased sales. And what an increase: Apple sold 3.76 million Macs, which is a 28 percent increase and quarterly record 18.65 million iPhones, which is a 113 percent...

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