+ Reply
Results 1 to 10 of 10

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Apple Posts Strong Q2 2013 Earnings

is a discussion within the

Mac News

forums, a part of the

General Apple/Mac

section;
Apple has just reported earnings for its second fiscal quarter of 2013 and the results were better than expected. Apple Earnings came in at $10.09 EPS on $43.60 billion revenue.
...
  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,607
    Thanks
    17
    Thanked 1,474 Times in 561 Posts

    Default Apple Posts Strong Q2 2013 Earnings


    Apple has just reported earnings for its second fiscal quarter of 2013 and the results were better than expected.

    Apple Earnings came in at $10.09 EPS on $43.60 billion revenue. Expectations called for $10 EPS and $42.33 billion in revenue. The Mac maker also announced a dividend of $3.05 a share, expanding its share repurchase program to $60 billion (from the $50 billion announced last year).

    Ahead of today's earnings report, investor optimism was certainly less than buoyant. Abhey Lamba, a senior equity research analyst at Mizuho Securities, told CNBC that there are muted expectations for Apple this year are at least partially due to the fact that only product refreshes are likely on tap.

    "We're not expecting (new products) this year," Lamba said. "For value investors it's important for the company to leverage its balance sheet to return more cash to shareholders and be more aggressive on buybacks. For now, they need to embrace value investors until they can prove that they can create new product categories. That's when growth investors will come."

    Source: CNBC

  2. #2
    My iPhone is a Part of Me fanboyfanboy's Avatar
    Join Date
    Jan 2012
    Posts
    520
    Thanks
    18
    Thanked 72 Times in 52 Posts

    And yesterday were the assumptions apple had a poor quarter -_-

  3. #3
    *T*
    *T* is offline
    Grumpy *T*'s Avatar
    Join Date
    Nov 2011
    Location
    Turn around slowly...
    Posts
    670
    Thanks
    122
    Thanked 48 Times in 39 Posts

    I've read writing by my 12 year old brother that was better than this. For one, you COMPLETELY messed up the statistic about the buyback program: according to the WSJ, last year's buyback program was only TEN billion, not the FIFTY billion in this article. The amount you screw this up is equivalent to the entire GDP of many small countries.

    Secondly, your grammar is flawed in the last sentence of the second paragraph. You attempted to link 2 unrelated subjects by a comma.

    Essany, you need to step up your game. Is it really that much to ask to proofread your work?
    Last edited by *T*; 04-23-2013 at 05:57 PM.

  4. #4
    iPhoneaholic NSXrebel's Avatar
    Join Date
    Sep 2007
    Posts
    434
    Thanks
    10
    Thanked 33 Times in 28 Posts

    Messany always posts crap "articles/stories" just to get hit counts I'm sure. He can't be that incompetent, or can he?! Take anything he, or any analyst says with a grain of salt.

  5. #5
    Green Apple
    Join Date
    Dec 2007
    Posts
    48
    Thanks
    2
    Thanked 10 Times in 3 Posts

    Interesting that the profits were so strong apple actually had a drop in earnings for the first time in 10 years.

    Time to check your sources I think!

  6. #6
    iPhoneaholic NSXrebel's Avatar
    Join Date
    Sep 2007
    Posts
    434
    Thanks
    10
    Thanked 33 Times in 28 Posts

    Quote Originally Posted by pegitt View Post
    Interesting that the profits were so strong apple actually had a drop in earnings for the first time in 10 years.

    Time to check your sources I think!
    It's all manipulation by analyst, by saying Apple didn't meet their expectations. Apple has not mentioned how many units they plan to sell, but this analyst will pull some random number out of their a$$es and then if Apple doesn't sell said amount, everyone is quick to say that Apple is doing bad, even though they have posted profits, quarter after quarter. it's all BS

  7. #7
    My iPhone is a Part of Me
    Join Date
    Jan 2012
    Posts
    642
    Thanks
    2
    Thanked 88 Times in 70 Posts

    By not launching a spring product for the first time in a few years, your going to have a decrease in sales. Not even news on osx 10.9 leads us to believe that right now, apple has nothing up their sleeve and are putting all their biscuits into one basket. Maybe that basket is a TV, or an iwatch. Lets all pray that it's the TV!

  8. #8
    My iPhone is a Part of Me
    Join Date
    Nov 2008
    Posts
    622
    Thanks
    21
    Thanked 36 Times in 35 Posts

    http://www.bbc.co.uk/news/business-22274324

    Here's what the beeb said about it

  9. #9
    What's Jailbreak?
    Join Date
    Feb 2009
    Posts
    4
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default E-Peen Flex!!!!!
    Quote Originally Posted by *T* View Post
    I've read writing by my 12 year old brother that was better than this. For one, you COMPLETELY messed up the statistic about the buyback program: according to the WSJ, last year's buyback program was only TEN billion, not the FIFTY billion in this article. The amount you screw this up is equivalent to the entire GDP of many small countries.

    Secondly, your grammar is flawed in the last sentence of the second paragraph. You attempted to link 2 unrelated subjects by a comma.

    Essany, you need to step up your game. Is it really that much to ask to proofread your work?

    Do people like you really have nothing better to do? Don't like it? Don't read it.... jesus....

    It's like you need to flex your little kid E-Peen of english to feel good about yourself. Grow up and do your job. Let the people on this website do theirs.

  10. #10
    Livin the iPhone Life
    Join Date
    Feb 2009
    Location
    Texas
    Posts
    1,110
    Thanks
    4
    Thanked 94 Times in 66 Posts

    Quote Originally Posted by striker77 View Post
    Do people like you really have nothing better to do? Don't like it? Don't read it.... jesus....

    It's like you need to flex your little kid E-Peen of english to feel good about yourself. Grow up and do your job. Let the people on this website do theirs.
    The man does have a point. While perfection is not expected, if Messany's facts are indeed wrong then anyone has the right to call him out on it.

    And how can he decide if he doesn't like an article if he does not read it first? Just sayin'

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts