Apple to reveal fiscal Q2 2015 earnings on April 27
Apple today announced that the results of its second fiscal quarter will be discussed in a conference call scheduled for Monday, April 27 at 2 P.M. Pacific time, or 5 P.M. Eastern.
As usual, the public will be able to follow along through a livestream from Apple's Investor News website. The call should be hosted by Apple executives, who will answer questions from invited analysts once the results are declared.
Figures will likely be less dramatic than those of the previous two quarters, which encompassed not only the holiday season but the launch of Apple Pay, the iPhone 6 and 6 Plus, and the iPad Air 2 and iPad mini 3. During Apple's first fiscal quarter ending in December, Apple took in $74.6 billion in revenue driven largely by iPhone sales, which hit 74.5 million units.
If trends continue, sales could be down sequentially, but up year-over-year. One question mark, however, is the iPad, which has seen a gradual decline in sales over recent quarters. This is typically blamed on multiple factors: the release of larger iPhones, feature stagnation, slower upgrade cycles, and/or more competition from rival devices -- if primarily outside the US market.
In its guidance for the second quarter, Apple called for revenue between $52 billion and $55 billion, and a gross margin between 38.5 and 39.5 percent. The company is also expected to make another dividend payout.
As usual, the public will be able to follow along through a livestream from Apple's Investor News website. The call should be hosted by Apple executives, who will answer questions from invited analysts once the results are declared.
Figures will likely be less dramatic than those of the previous two quarters, which encompassed not only the holiday season but the launch of Apple Pay, the iPhone 6 and 6 Plus, and the iPad Air 2 and iPad mini 3. During Apple's first fiscal quarter ending in December, Apple took in $74.6 billion in revenue driven largely by iPhone sales, which hit 74.5 million units.
If trends continue, sales could be down sequentially, but up year-over-year. One question mark, however, is the iPad, which has seen a gradual decline in sales over recent quarters. This is typically blamed on multiple factors: the release of larger iPhones, feature stagnation, slower upgrade cycles, and/or more competition from rival devices -- if primarily outside the US market.
In its guidance for the second quarter, Apple called for revenue between $52 billion and $55 billion, and a gross margin between 38.5 and 39.5 percent. The company is also expected to make another dividend payout.
Comments
And again there will be much gnashing of teeth.
How about, "I wish they would include a dividend increase," or "Based on my calculations, it would be in Apple's best interest to include a dividend increase. Here's why…"? Or did you mean to say, "Apple will likely announce the amount of their stated dividend increase."?
Because Cook has already promised a dividend increase; it's just a question of how much.
I'd like to see a yield of 3%.
And again there will be much gnashing of teeth.
And rending of garments.
How about, "I wish they would include a dividend increase," or "Based on my calculations, it would be in Apple's best interest to include a dividend increase. Here's why…"? Or did you mean to say, "Apple will likely announce the amount of their stated dividend increase."?
I wish they'd get rid of the dividend and increase the buyback to suss out the fair weather investors.
Don't the dividends help keep investors invested? IOW, help keep the short term traders at bay? If not, I would love a great explanation as to how dividends help a company.
Don't the dividends help keep investors invested? IOW, help keep the short term traders at bay? If not, I would love a great explanation as to how dividends help a company.
In my experience, companies that offer a dividend are usually ones which might be profitable but with little clue as to how to invest their profits to strategically grow their company, or they pay dividends to retain investors with an expectation of regular payouts from their stocks (for retirees, for example).
I just want my jacket...
I just want my jacket...
Jacket? I never got a jacket.
is anyone else worried about the strong dollar really hammering the value of overseas sales? The dollar has appreciated about 30% year over year on the Euro and most other European currencies. Apple hasn't raised their hardware prices much it doesn't seem. If they're taking the full brunt of the currency fluctuation then their gross margins could really be affected. I'm not selling any shares, but I could see this limiting the gains made by moving more iPhones.
What was last quarter's guidance for this upcoming quarter?
Very bullish, as I recall. I think Apple's upper target was $55 billion revenue.
This should include a dividend increase
Yes. it'll be $0.47...lol. I'll be selling my shares at $135 and will buy them back in June, let's say at $120?
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is anyone else worried about the strong dollar really hammering the value of overseas sales? The dollar has appreciated about 30% year over year on the Euro and most other European currencies. Apple hasn't raised their hardware prices much it doesn't seem. If they're taking the full brunt of the currency fluctuation then their gross margins could really be affected. I'm not selling any shares, but I could see this limiting the gains made by moving more iPhones.
IIRC that was a factor in last quarters numbers as well. Maestri and Cook have been warning it'll continue to be an issue.