Quantcast

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)

SPENCER-SMITH LANDS WITH AG MANAGEMENT, WCM (UPDATE)
New manager, pub deal (6/28a)
BIZ RESPONDS TO ROE V. WADE DECISION (UPDATE)
Artists and companies unite. (6/27a)
PERFORMERS SPEAK OUT AT GLASTO
Singers voice their dismay over the Supreme Court's latest decision. (6/28a)
BST HYDE PARK: BIGGER THAN EVER
England swings. (6/28a)
BIG RED'S BIG POP RUN (UPDATE)
Nine in the Top 40 (6/27a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)