Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 31, 2017 3:50:38 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 31, 2017 4:02:53 GMT -8
Reading the political comments yesterday, perhaps the boards view on politics can be summarized as follows:
If it directly impacts Apple, it's appropriate for the board -- and the discussion should focus on the impact on Apple. This is an Apple board.
General discussions on who is / is not an ass, politician, board participant or otherwise, are likely too far.
Of course, we all slip from time to time. If you feel someone has crossed the line, please give them a gentle reminder.
Escalating on the board is not appropriate. It gets in the way of the Apple discussion. Though I must admit I sometimes enjoy the snarky exchanges. Probably a character flaw.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Jan 31, 2017 4:34:45 GMT -8
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Post by phoebear611 on Jan 31, 2017 5:25:27 GMT -8
PED summarized it for us this morning ~ cheers to the longs!
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Post by rickag on Jan 31, 2017 7:58:11 GMT -8
Volume seems up quite a bit .
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Post by artman1033 on Jan 31, 2017 12:09:29 GMT -8
LAST YEAR! Apple Reports Record First Quarter Results iPhone, Apple Watch, Services & Apple TV Drive All-time Record Revenue Results Produce Record Quarterly Profit of $18.4 Billion CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per diluted share, in the year-ago quarter. Gross margin was 40.1 percent compared to 39.9 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter’s revenue. “Our team delivered Apple’s biggest quarter ever, thanks to the world’s most innovative products and all-time record sales of iPhone, Apple Watch and Apple TV,” said Tim Cook, Apple’s CEO. “The growth of our Services business accelerated during the quarter to produce record results, and our installed base recently crossed a major milestone of one billion active devices.” “Our record sales and strong margins drove all-time records for net income and EPS in spite of a very difficult macroeconomic environment,” said Luca Maestri, Apple’s CFO. “We generated operating cash flow of $27.5 billion during the quarter, and returned over $9 billion to investors through share repurchases and dividends. We have now completed $153 billion of our $200 billion capital return program.” Apple is providing the following guidance for its fiscal 2016 second quarter: revenue between $50 billion and $53 billion gross margin between 39 percent and 39.5 percent operating expenses between $6 billion and $6.1 billion other income/(expense) of $325 million tax rate of 25.5 percent Apple’s board of directors has declared a cash dividend of $.52 per share of the Company’s common stock. The dividend is payable on February 11, 2016, to shareholders of record as of the close of business on February 8, 2016.
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Post by mrentropy on Jan 31, 2017 13:06:18 GMT -8
Well, here we are. I wound down my Feb calls that I bought when were at 118, moved out to a small March 120/130 call spread. Bought back most of my Feb 105/115 put spreads for a nice profit. I have spreads out in June, July and November that I put up last year, all in the money except for July. So that's how I am positioned (and still hold more core common stock position). Divvy re-invest is still turned off. Also sold most of my FB calls. Any else care to share their positions?
Best of luck, hoping for something nice in 30 minutes.
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Post by dreamRaj on Jan 31, 2017 13:15:40 GMT -8
Relatively quiet here on earnings day.
Luckily there was no carnage of AAPL because of the immigration issue.
Here's hoping that we see revs of 80+ and good guidance. We so need one good run. Been waiting for it for so long now. Cheers to the longs!
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Post by dreamRaj on Jan 31, 2017 13:31:29 GMT -8
wheee!?!
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Post by CdnPhoto on Jan 31, 2017 13:31:47 GMT -8
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Post by podboy on Jan 31, 2017 13:32:02 GMT -8
huge beat!
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Post by dreamRaj on Jan 31, 2017 13:35:50 GMT -8
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 31, 2017 13:39:28 GMT -8
Can you post a link to where you get these numbers?
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Post by mrentropy on Jan 31, 2017 13:40:10 GMT -8
not bad, not bad...
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Post by CdnPhoto on Jan 31, 2017 13:40:26 GMT -8
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Post by elmar on Jan 31, 2017 13:41:58 GMT -8
Copying from Braedburn:
EPS:$3.36 vs. $3.21 expected by a Thomson Reuters consensus estimate Revenue: $78.4 billion vs. $77.25 billion expected iPhone sales: 77.42 million, revenue of $53 billion Services revenue: $6.91 billion Q2 guidance: $2.08 EPS, revenue of $53.79 billion
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Post by artman1033 on Jan 31, 2017 13:46:51 GMT -8
Apple Reports Record First Quarter Results iPhone, Services, Mac and Apple Watch Set All-Time Records
CUPERTINO, California — January 31, 2017 — Apple® today announced financial results for its fiscal 2017 first quarter ended December 31, 2016. The Company posted all-time record quarterly revenue of $78.4 billion and all-time record quarterly earnings per diluted share of $3.36. These results compare to revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.
“We’re thrilled to report that our holiday quarter results generated Apple’s highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch,” said Tim Cook, Apple’s CEO. “Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline.”
“Our outstanding business performance resulted in a new all-time record for earnings per share, and over $27 billion in operating cash flow,” said Luca Maestri, Apple’s CFO. “We returned nearly $15 billion to investors through share repurchases and dividends during the quarter, bringing cumulative payments through our capital return program to over $200 billion.”
Apple is providing the following guidance for its fiscal 2017 second quarter: revenue between $51.5 billion and $53.5 billion gross margin between 38 percent and 39 percent operating expenses between $6.5 billion and $6.6 billion other income/(expense) of $400 million tax rate of 26 percent
Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. The dividend is payable on February 16, 2017 to shareholders of record as of the close of business on February 13, 2017.
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Post by phoebear611 on Jan 31, 2017 13:49:07 GMT -8
That massive cash amount $246.09 BN - if that doesn't catch Trump's attention after it gets splattered all over the news tonight, nothing will.
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Post by dreamRaj on Jan 31, 2017 13:51:37 GMT -8
IMO, being that most numbers show growth, there is/should be NO reason that the critics could find to try twisting this to make AAPL go lower. OTOH, they can focus only on lower iPad numbers and China being off 12%.
I'm impressed that Macs grew at all. It means the Touch Bar MBP has been selling really well.
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Post by Nevyn on Jan 31, 2017 13:52:30 GMT -8
Copying from Braedburn: EPS:$3.36 vs. $3.21 expected by a Thomson Reuters consensus estimate Revenue: $78.4 billion vs. $77.25 billion expected iPhone sales: 77.42 million, revenue of $53 billion Services revenue: $6.91 billion Q2 guidance: $2.08 EPS, revenue of $53.79 billion Apple guided $51.5B to $53.5B for Q2.
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Post by dreamRaj on Jan 31, 2017 13:56:15 GMT -8
That massive cash amount $246.09 BN - if that doesn't catch Trump's attention after it gets splattered all over the news tonight, nothing will. Absolutely right. I won't be surprised with a Trump tweet saying "American company Apple has 246 billion cash which it should use to make America great again."
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 31, 2017 14:03:25 GMT -8
Copying from Braedburn: EPS:$3.36 vs. $3.21 expected by a Thomson Reuters consensus estimate Revenue: $78.4 billion vs. $77.25 billion expected iPhone sales: 77.42 million, revenue of $53 billion Services revenue: $6.91 billion Q2 guidance: $2.08 EPS, revenue of $53.79 billion Apple guided $51.5B to $53.5B for Q2. Seems like deja vu all over again, but the slight miss on guidance could cost us tomorrow. A mere rounding error of .$29B, in a metric Apple tends to guide conservatively on. But guidance sets the tone. Let's hope this doesn't hold us back. And yes, we need that tax relief! Imagine if Apple could repatriate $240B. More importantly, if it were permanent tax relief, it could go toward increasing the dividend. Now that would make the stock attractive to a new class of investor.
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Post by artman1033 on Jan 31, 2017 14:03:26 GMT -8
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Post by dreamRaj on Jan 31, 2017 14:03:26 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 31, 2017 14:06:51 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,428
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Post by chinacat on Jan 31, 2017 14:07:43 GMT -8
Tim: "Goal is to double the size of Services revenue in next four years"
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 31, 2017 14:11:45 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,428
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Post by chinacat on Jan 31, 2017 14:16:24 GMT -8
Iphone ASP $695!
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Post by dreamRaj on Jan 31, 2017 14:17:10 GMT -8
Wow! iPhone ASP is off the hook!! 695 vs 619. Did I hear that right?
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Post by dreamRaj on Jan 31, 2017 14:22:00 GMT -8
Luca sounds like mafia
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