Apple to reveal iPhone 6s sales in fiscal Q1 2016 earnings call on Jan. 26

AppleInsiderAppleInsider
Posted:
in AAPL Investors edited January 2016
Apple will reveal its quarterly financial results for the first fiscal quarter of 2016 on Jan. 26, the company said on Monday, an important three-month period that accounts for new iPhone performance and holiday sales.




Apple announced the upcoming event through its Investor Relations webpage, saying results disclosures will be followed by the usual conference call normally attended by CEO Tim Cook and CFO Luca Maestri.

Investors are anxious to hear word on whether iPhone 6s and 6s Plus can replicate the success of last cycle's iPhone 6 and 6 Plus, the latter being the first iPhone to be classified as a phablet device. Apple notched a monster quarter in the three months ending in December 2014, selling 74.5 million iPhones to rake in $18 billion in profit on $74.6 billion in revenue.

During Apple's most recent quarterly conference call in October, the company projected revenue between $75.5 billion and $77.5 billion for the first quarter of 2016, with gross margins set at between 39 and 40 percent. Investment analysts, however, are casting doubt on Apple's ability to maintain explosive growth set by iPhone 6, subsequently cutting estimates for the coming year.

Apple's quarterly conference call for the first fiscal quarter of 2016 is scheduled for Tuesday, Jan. 26 at 2 p.m. Pacific/5 p.m. Eastern. AppleInsider will be covering the event live.
«1

Comments

  • Reply 1 of 38
    thewhitefalconthewhitefalcon Posts: 4,453member
    I expect close to 20 billion in profit this quarter, but Q1 2017 will probably be flat or show a modest decline. 
  • Reply 2 of 38
    hentaiboyhentaiboy Posts: 1,252member
    The inexorable rise of the US Dollar is going to hurt Apple most in 2016.
  • Reply 3 of 38
    fallenjtfallenjt Posts: 4,054member
    Assume Apple beat earning again at $78B, WS will concern about next quarter growth and stock will drop more. This never ends!
    cornchipmacky the mackySpamSandwichpalomineicoco3
  • Reply 4 of 38
    calicali Posts: 3,494member
    Jan. 25 2016

    Analyst predicts Apple sold 100 Million iPhones
    jax44
  • Reply 5 of 38
    bobschlobbobschlob Posts: 1,074member
    Locked and loaded, people!  
    Absolutely BADASS!!
    Somebody wake up Hicks!
    edited January 2016 pscooter63wonkothesane
  • Reply 6 of 38
    tenlytenly Posts: 710member
    I hope that Tim Cook takes this opportunity to address controversial social issues and to speak at length about Apples ethnic diversity rather than repeating the rhetoric and drivel about not relying on supply chain data to draw conclusions about Apples business.

    /s
    flaneurcornchipmacky the mackylord amhrannemoeac
  • Reply 7 of 38
    rumor-millrumor-mill Posts: 13member
    It always amazes me how WS will tank apple 5-10% because revenues were $74.6 billion verses estimates of $75 billion.  That's probably why Apple is the most discussed stock.  Apple could voluntarily choose to pad the channel or draw down the inventory within a couple million units that could be the difference of missing or beating the number.  It literally makes no sense to focus so much on iPhone sales but that has become the new angle to tank the stock.
  • Reply 8 of 38
    sully54sully54 Posts: 108member
    as a long time owner of the stock, apple is perhaps the one stock in my portfolio that is the most frustrating to own. the stock should be trading at around 3 times the current price. no one else gets this much scrutiny with their stock. 
    neil anderson
  • Reply 9 of 38
    5150iii5150iii Posts: 96member
    The guidance for Q2 will be crucial as that is what analysts are wringing their hands over. 
  • Reply 10 of 38
    dr hawkdr hawk Posts: 22member
    I think it is going to be hard to top the change in form factor sales that the 6 and 6+ engendered as thats a lot of people cycling their phones with that change over. I see the newer iPhones not being significantly different as to elicit that amount of sales in the latest quarter. I think it will have sales in the 60-65 million mark. One of the problems is that Apple cannot continue the high percentage changes in increased revenue as it gets bigger and this subjectively makes people upset. All that being equal, I am surprised Apple hasn't brought back a lot more of their own stock while the price is so low placing a harder floor under their own stock price. If they have and the price is still this low.....interesting times. Cheers Dr Hawk
  • Reply 11 of 38
    latifbplatifbp Posts: 544member
    Listening to old people, peers, and even commenters on these threads makes me weary. People don't understand the value of a lot of new tech or upgrading their iPhone every year even despite the whole business model changing to leasing plans. It's like people are ingrained in their old habits of the 2 year contract or so friggin' frugal they complain their iPhone 4 can't run iOS 9. I just bought my wife an Watch for Christmas and she now loves it and can't stop talking about it (This after months of her dismissing Watch and saying she doesn't really need one). So, until people actually change their habits from their status quo Apple's ambitious vision won't be totally fulfilled.
  • Reply 12 of 38
    henneyhenney Posts: 7member

    Can you people gather the investors and ask the board some pertinent and important questions?
    I would like to see some statements being verify with the apple board and senior management:

    This happened in the Apple Campus in Singapore's ang mo kio street 64.

    - The apple board has found a 29 year old genius in singapore (they found him in nov'13).
    - he had a large birthmark on the left of his face, thats how he was pinpointed by the search committee.
    - This guy is said to be an absolute carbon-copy of steve jobs.
    - He had it all: charisma, passion, perfectionism, and is said to possess an uncanny ability.
    - He is chinese, he loved Apple and he worked really hard. (GOOD FOR CHINA MARKET)
    - He only classifies things as Greatest ever or shittiest ever. 
    - He is confidence-personified. 
    - He was extremely good at whatever he did, though he was an applecare support staff
    - He was spotted by facilities manager Henry Lim lying on the couch and sleeping outside caffe mac.
    - The people involved in the genius test they conducted on him, karen, effendy, grace and jack.
    - The genius was so smart he just outright won every single argument they threw at him.

    Do verify the above with the apple board.
    Full names of the employees involved.
    Effendy Cheah - applecare area manager
    Karen Lim - employee relations specialist
    Grace Tan - Senior manager
    Jack abriam Jr - applecare t1 manager.
    Henry Lim - facilities manager
    and also the rest of the applecare team

    macky the macky
  • Reply 13 of 38
    macky the mackymacky the macky Posts: 4,801member
    henney said:

    Can you people gather the investors and ask the board some pertinent and important questions?
    I would like to see some statements being verify with the apple board and senior management:

    Do verify the above with the apple board.
    Full names of the employees involved.
    Effendy Cheah - applecare area manager
    Karen Lim - employee relations specialist
    Grace Tan - Senior manager
    Jack abriam Jr - applecare t1 manager.
    Henry Lim - facilities manager
    and also the rest of the applecare team

    There will be a problem in identifying people by name due to the USA laws regarding employment confidentiality. However, with your permissions, I will forward your post to a news service that is highly interested in Asian tech news. They may follow up and do interviews.
  • Reply 14 of 38
    henneyhenney Posts: 7member
    macky the macky said:
    henney said:

    Can you people gather the investors and ask the board some pertinent and important questions?
    I would like to see some statements being verify with the apple board and senior management:

    Do verify the above with the apple board.
    Full names of the employees involved.
    Effendy Cheah - applecare area manager
    Karen Lim - employee relations specialist
    Grace Tan - Senior manager
    Jack abriam Jr - applecare t1 manager.
    Henry Lim - facilities manager
    and also the rest of the applecare team

    There will be a problem in identifying people by name due to the USA laws regarding employment confidentiality. However, with your permissions, I will forward your post to a news service that is highly interested in Asian tech news. They may follow up and do interviews.
    That sounds good. looking forward. Investors need to know Apple Board has found a genius but they haven't invited him to takeover the CEO role - to the detriment of apple products, apple shares and the world at large.
  • Reply 15 of 38
    SpamSandwichSpamSandwich Posts: 33,407member
    bobschlob said:
    Locked and loaded, people!  
    Absolutely BADASS!!
    Somebody wake up Hicks!
    Stay frosty!
  • Reply 16 of 38
    SpamSandwichSpamSandwich Posts: 33,407member
    sully54 said:
    as a long time owner of the stock, apple is perhaps the one stock in my portfolio that is the most frustrating to own. the stock should be trading at around 3 times the current price. no one else gets this much scrutiny with their stock. 
    One visit to almost any stock discussion board would obliterate that assumption. EVERYONE believes Wall Street is screwing over their stock.
    edited January 2016
  • Reply 17 of 38
    macky the mackymacky the macky Posts: 4,801member
    sog35 said:
    As long as Tim Cook acts like a total castrated wimp, Wall street will continue to lie to tank Apple's stock price no matter how good the earnings are.  Only way this stops is if Cook grows some balls and goes after these clowns.
    You've fixated on Tim Cook as being the one to take on Wall Street's analysts. However, anything he says to influence the stock price is considered financial guidance of some sort and opens him or the company to legal action.  Personally, except for Lee Iacocoa, who saved Chrysler from bankruptcy by dint of her personal charisma and effort, I don't know of a single CEO or president who came close to what you suggest Tim Cook needs to do. I don't even recall Steve Jobs taking on that role—even though he certainly had charisma.

    I have seen other tech CEOs and presidents try to present new products with the charm, power and charisma in the manner of Steve Jobs, and fail totally. It takes a special kind of person to be a powerful public face for a company. For Apple that was Steve Jobs, and to some extent, John Hodgman. 

    Bill Gates and Steve Ballmer did a horrible job as Microsoft's public face. HP has suffered much the same fate as Microsoft. A good CEO or president doesn't necessiarily make a good public face. I don't know how Apple can solve the Wall Street analysts problem, that's way above my pay grade, but I'm sure, in their own way, Apple is working on a solution.

    Apple's outstanding business success, and its continuing outstanding success has no precedent. There's been many one-shot wonders, and more then a few companies that managed to go a long for a while but never match their earlier success; take Kodak, or Polaroid or Xerox, or Blackberry for examples. Apple has not been like them but the fear by Wall Street is it too may not sustain its success.  
    icoco3
  • Reply 18 of 38
    foggyhillfoggyhill Posts: 4,767member
    5150iii said:
    The guidance for Q2 will be crucial as that is what analysts are wringing their hands over. 
    You mean like the guidance for Q2 2015 which was wildly positive and had no impact at all.

    So called analysts are POS which merely are gambling "system" creators; the way they talk is EXACTLY the same as people like that.

    It's incredible that people pay them for their worthlessness. Last year 0% were right about Q1, Q2 and Q3; that's some batting average!
  • Reply 19 of 38
    foggyhillfoggyhill Posts: 4,767member
    macky the macky said:
    sog35 said:
    You've fixated on Tim Cook as being the one to take on Wall Street's analysts. However, anything he says to influence the stock price is considered financial guidance of some sort and opens him or the company to legal action.  Personally, except for Lee Iacocoa, who saved Chrysler from bankruptcy by dint of her personal charisma and effort, I don't know of a single CEO or president who came close to what you suggest Tim Cook needs to do. I don't even recall Steve Jobs taking on that role—even though he certainly had charisma.

    I have seen other tech CEOs and presidents try to present new products with the charm, power and charisma in the manner of Steve Jobs, and fail totally. It takes a special kind of person to be a powerful public face for a company. For Apple that was Steve Jobs, and to some extent, John Hodgman. 

    Bill Gates and Steve Ballmer did a horrible job as Microsoft's public face. HP has suffered much the same fate as Microsoft. A good CEO or president doesn't necessiarily make a good public face. I don't know how Apple can solve the Wall Street analysts problem, that's way above my pay grade, but I'm sure, in their own way, Apple is working on a solution.

    Apple's outstanding business success, and its continuing outstanding success has no precedent. There's been many one-shot wonders, and more then a few companies that managed to go a long for a while but never match their earlier success; take Kodak, or Polaroid or Xerox, or Blackberry for examples. Apple has not been like them but the fear by Wall Street is it too may not sustain its success.  
    There is a company that had a massive amount of profits in a tech field and that was IBM (which was the top capitalisation on the stock exchange from the 1960s to the late 1980s. They stayed on top (or near the top for a hell of a long time), In tech they were on top from the early 1950s to the early 1990s.
  • Reply 20 of 38
    foggyhillfoggyhill Posts: 4,767member
    SpamSandwich said:
    sully54 said:
    as a long time owner of the stock, apple is perhaps the one stock in my portfolio that is the most frustrating to own. the stock should be trading at around 3 times the current price. no one else gets this much scrutiny with their stock. 
    One visit to almost any stock discussion board would obliterate that assumption. EVERYONE believes Wall Street is screwing over their stock.
    Except people saying that, have stocks with PE of already 100 and make no profit now, and have little prospect in the near future.
    So, I can't take their inane rant seriously.

    In the case of Apple; they have a point.

    Not that I think that Wall Street is doing it deliberately; it just expresses the gambling mentality of Wall Street which is totally divorced from what's actually needed to get a firm successful long term.

    It's a systemic issue; this bad eval of Apple's prospects, not "personal".

    Though, it hits them more than most because they're the poster child for long term vision.





Sign In or Register to comment.