Tag: Wall Street

Posted on

Two Birds With One Apple Press Release

The short story:

  • Apple did not have any press releases on Monday September 16, 2013; no mentions of iPhone 5c pre-order numbers.
  • Wall Street violently reacts, AAPL down.
  • Tech Press hoped that iPhone 5c pre-sell numbers to be abysmal.

The reality is that Apple had no plans to announce iPhone 5c pre-order numbers by itself. However, Apple has a plan to announce the combined numbers of iPhone 5s and iPhone 5c sold during their first weekend sale numbers. That’s two birds with one Apple press release.

John Gruber bets:

(Apple) don’t want competitors to know the breakdown of 5C/5S sales. If we get a sales number announcement from Apple, it’ll come next week, after the 5S goes on sale for a weekend, and the figure announced will be that of all new iPhones sold. I bet.

I came to the same conclusion when I read and heard about AAPL shares taking a dive for not disclosing iPhone 5c first weekend pre-sale numbers.

The anti-Apple crowd are tearing through the turnstiles in full force, once again.

Apple Press Info iPhone 5s and iPhone 5c

 

 

Posted on

Apple disappoints Wall Street analysts by making a lot of money.

Apple reports its 2012 Second Quarter Results with quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion.

The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.

There are still a lot of Wall Street analysts disappointed with Apple’s quarterly results. John Gruber sums it up nicely. Gruber quoted some writer from some website:

But, when it comes to Apple, those sales were actually something of a disappointment. On average, Apple was expected to sell closer to 13 million iPads last quarter, the first in which it has sold the New iPad, as the latest model is known.

Let’s see. Wall Street analysts were guessing the amount of iPads Apple would be selling and got their number higher than what Apple reported. That’s a disappointment to them. What I want to know is where the 13 millions of iPad number is coming from? Were the analysts throwing darts onto a board and picked whatever the number the dart landed on?

Anyway, these Wall Street analysts or Financial analysts sound more like people who make stuff up by extrapolating numbers that are not correlated to each other.

Let’s see how Apple shares perform on Wednesday April 25th, 2012. I’m pretty sure there are a lot of people who already reaped a lot of profits by selling their Apple shares for the past week.