RUMOR MILL
Back to Rumor Mill >
Wednesday, July 25, 2012

Apple Q3 earnings

EVERYTHING’S RELATIVE: Apple had another profitable quarter—just not as profitable as Wall Street expected—causing shares to plunge in after-hours trading to a paltry $600.92. In its fiscal Q3, the tech giant posted a profit of $8.8 billion, or $9.32 per share, up 21% year-over-year, on revenue of $35 billion, up 22%, with record sales of 17 million iPads (+84%) along with 26 million iPhones (+28%). But, as the N.Y. Times noted, it looks as if many people are so sure the next iPhone is going to be good that they are not buying the ones Apple is selling now. The feverishly anticipated iPhone 5 is rumored to be arriving in September. During yesterday’s earnings call, the company also announced it would pay a dividend of $2.65 per share on Aug. 16. Apple releases its new Mountain Lion operating system today, while (7/25a)

 
BACK TO RUMOR MILL
 
A HITS LIST FULL OF ENDORSEMENTS
We're HITS, and we approve this message. (7/26a)
Check It Out Now
SPOTIFY'S Q2:
CASH STREAMS IN
Price hike lifts all boats. (7/25a)
Check It Out Now
LATIN GRAMMY PREVIEW: HOME-FIELD ADVANTAGE
You can't tell the players without a scorecard. (7/26a)
Check It Out Now
UMG POSTS $3.12B IN Q2 REVENUE
The rich get richer. (7/25a)
Check It Out Now
SONG REVENUE:
EM SERVES IT UP
A Slim slam dunk (7/26a)
Check It Out Now
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions