Apple Reclaims Title of Most Valuable Pubic Company – For Now

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The end of 2018 and start of 2018 have not exactly been brilliant for Apple. The Cupertino tech giant saw slumping iPhone sale trigger analysts to shy away from the company’s stock (AAPL). Then, adding to it was Apple’s own revision of financial expectations for the first quarter, sending the stock down further. But after … Read moreApple Reclaims Title of Most Valuable Pubic Company – For Now

Apple Reports First Quarter 2019 Earnings

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Apple today announced their first quarter 2019 earnings. The fiscal quarter included the holiday season of 2018 and while Apple made earlier warnings about revenue not hitting target, overall it was not a bad quarter. In fact, it was their second best quarter ever. No, Apple is not dying. Apple is shifting. The shift is … Read moreApple Reports First Quarter 2019 Earnings

Apple Revises Earnings Expectations Citing Challenges in China

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Citing ongoing challenges in China and sluggish iPhone sales in that country, Apple CEO Tim Cook has issued a rare revision of earnings expectations for Apple. The Cupertino company will be announcing their last quarter financial results on January 29, 2019 with Mr. Cook indicating that revenue for the company was expected to be around … Read moreApple Revises Earnings Expectations Citing Challenges in China

Apple Quarterly Report: $14.1 Billion in Profits on $62.9 Billion in Revenue

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Apple has announced their financial results for the fourth fiscal quarter of 2018 (third quarter calendar) and it was a solid overall performance.  The Cupertino giant posted $62.9 billion in revenue for the quarter with profits of $14.1 billion.  That is a significant increase of the respective $52.6 billion and $10.7 billion for the same quarter in 2017.  Indeed, the company hit all-time highs for revenue, profit, and Earnings Per Share (EPS).

Digging further into the top line of the Apple Quarterly Report, gross margin for the quarter was 38.3% for the quarter (compared to 37.9% for the same quarter in 2017).  All of this brought the announcement during the earnings call that there would be a dividend payment of $.073 per share.  That dividend will be payed on November 15th for stockholders of record as of November 12.

Read moreApple Quarterly Report: $14.1 Billion in Profits on $62.9 Billion in Revenue