Apple Q3 2015
Here Is What the Analysts Are Saying About Q3 2015 iPhone Sales
iPhones sales have grown 35% year-over-year, as Apple reported 47.5 million units for the past quarter. Still, its stock price was down in after-hours trading, as Wall Street analysts say Apple has failed to meet expectations, despite revenue growth of 33% and $202 billion in cash. The best estimates for this quarter came from a pair of...
Apple Watch Already Generates More Revenue Than Microsoft Surface
In a statement made to the Associated Press, Apple CFO Luca Maestri suggested that the revenue from the Apple Watch amounted to well over the $952 million increase between the second and third quarter of 2015. “Some analysts noted that Apple reported $2.6 billion in revenue from the company’s “Other Products” segment, which includes the...
Tim Cook: Apple Watch Sales Exceeded Expectations; Sales Peaked in June
Apple didn’t share specific sales numbers on the Apple Watch during its third quarter earnings call, but Apple CEO Tim Cook did shed some light on how well the Apple Watch did during its first quarter of availability. According to Cook, Apple Watch sales “exceeded expectations” despite the demand greatly exceeding the supply. Cook also...
Apple Q3 2015: 47.5 Million iPhones Sold, $49.6 Billion in Revenue
Ahead of the earnings call, analysts gave their best shots to estimate Apple’s bread and butter: the number of iPhones sold during the past quarter. Who had it right? Well, the numbers are in, so it’s easy to tell: Apple sold 47.5 million iPhones in the June quarter and reported a quarterly revenue of $49.6...