Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 in total

Apple just made $18 billion in 90 days, more than 435 firms in the S&P 500 each made – in total – since 2009 Submitted by WorkerAnt#11, on January 27th, 2015 Share0 Tweet0 0 Share0

Apple shares rose 45% over the past 12 months and grew 15% since $AAPL introduced the iPhone 6

NEW YORK (MarketWatch) — Apple Inc. is set to report first-quarter earnings after the market closes on Tuesday.

The Cupertino-based company has continued to impress Wall Street with stronger-than-expected sales of its higher-margin iPhone 6 Plus. Quarterly earnings per share and revenue estimates have risen an average 8.2% on Wall Street since Sept. 30.

Analysts have also grown increasingly bullish on demand for Apple AAPL, +0.54% products in China, despite growing competition from emerging-market brands like Xiaomi, Lenovo 0992, -0.75% and Huawei 002502, -1.25%

The second half of 2014 was a busy time for Apple. The company introduced its first wearable, the Apple Watch, and launched its first mobile payments solution, Apple Pay. However, the iPhone 6 is expected to take center stage in this quarter’s earnings report.

Earnings: Analysts are expecting Apple to report earnings of $2.60 a share, which marks an increase of 10.2% from their $2.36 a share outlook on Sept. 30, according to FactSet data. Last year, prior to its seven-to-one stock split, Apple reported first-quarter EPS of $13.81.

Revenue: Wall Street’s revenue consensus has risen 6.2% since the end of September. Analysts have cited stronger-than-expected demand for the higher-priced iPhone 6 and improvements in China. Apple is expected to report revenue of $63.48 billion, which would be a year-over-year increase of 17% from $57.6 billion in the year-earlier first quarter, according to FactSet data.

Apple at the end of its last fiscal quarter projected first-quarter revenue between $63.5 billion and $66.5 billion.

http://www.marketwatch.com/story/what-to-look-for-in-apples-earnings-2015-01-26?link=sfmw

NEW YORK (MarketWatch) — Apple Inc. may be selling the higher-margin iPhone 6 Plus at a faster clip than it expected in China, according to new data.

A chart published Wednesday by mobile marketing company AppLovin shows that iPhone 6 Plus usage in the world’s largest consumer market is catching up to the smaller-screen iPhone 6.

This could spell “strong earnings for Apple” AAPL, +0.89% in its coming quarter, which will reflect the launch of the two phones and the key holiday shopping season, according to AppLovin, which tracks smartphone usage.

This backs other bullish data from Wall Street analysts, including UBS, which said iPhone sales in China outstripped those in the U.S. during the December quarter for the first time, and Morgan Stanley, which estimated that the Plus’ profit margins are as much as 61% higher than the iPhone 6.

In AppLovin’s latest iPhone report, it said iPhone 6 to iPhone 6 Plus usage is at a ratio of 60/40 in China, up from 65/35 a few weeks ago, which indicates usage has shifted in favor of the Plus in recent weeks. The trend has also occurred in the U.S., though to a lesser extent.

“We aren’t financial analysts and are not giving investment advice,” the company said. “Having said that, all indications (our data and that of analyst reports) are that Apple’s December quarter was a big one.”

http://www.marketwatch.com/story/apple-iphone-6-plus-usage-growing-in-china-2015-01-21

Read more at http://investmentwatchblog.com/apple-just-made-18-billion-in-90-days-more-than-435-firms-in-the-sp-500-each-made-in-total-since-2009/#3tj5QYEgv8a98tXb.99

Historic profits, but the irony will be lost on the Apple-worshiping libtards. Better margins than the oil industry by far, by the irony will be lost on the Apple-worshiping libtards. Appalling work conditions for the Chinese workers of Foxconn, but the irony will be lost on the Apple-worshiping libtards. The strictest corporate “censorship” of software on their platforms, but the irony will be lost on the Apple-worshiping libtards. A product that strives to put itself into obsolescence so you want to replace it well before it’s practical lifespan, but the irony will be lost on the Apple-worshiping libtards.

What a load of mis-information. Yes, the margins are excellent. . . but Apple does not get to take advantage of special tax breaks the oil industry gets. Nor do we insult you as you did in every sentence you wrote. Work conditions are far better for the workers at FoxConn than they would be out in the fields. . . and they are NOT what the activist China Labor Watch misrepresents by using photos from other factories and claiming they come from FoxConn, or Mike Daisey's fraud that got pulled from NPR for fakery. And that "Strict censorship" on their platforms keeps the iOS platform completely MALWARE free, while your so called open platform has over one million malware available for it. And what you claim is a product that "strives for obsolescence" has a reputation of lasting far longer than the competition and having a far longer useful life span in ALL of its product lines. I finally retired my 7 1/2 year old original iPhone that has been handed down through family members as a phone last MAY, but it is still being USED as an iPod by my 3 year old granddaughter. . . on its original battery! Obsolescence? My rear end! My iMac that i use is SIX years old and is running the latest operating system. . . and can run OS X, UNIX, Microsoft Windows XP, 7, 8.1, two versions of Linux, and several other Operating Systems including MS-DOS 3.6, THEOS, Amiga-DOS, and more. . . in virtual machines. I've run SEVEN of those OSes simultaneously. Can you do that on your machine? Doubt it. So, now I will insult you, but you've earned it and it is true.

I submit you are an ignoramus about Apple products.

(Ignoring the fact that paying that much money for a phone is certifiably insane...)

In the long run (depending on your needs; I'm aware that you can get group discounts for contract plans), purchasing an unlocked phone upfront and going by a prepaid plan (especially from a MVNO) saves you more money over those two years.

Onto the thread topic itself...

These sales are all driven by the iPhone. When you miss expectations on your other products, can you really be said to be sitting pretty?

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