Overclock.net › Forums › Industry News › Technology and Science News › [LATimes] Apple misses on earnings; stock sags after hours
New Posts  All Forums:Forum Nav:

[LATimes] Apple misses on earnings; stock sags after hours

post #1 of 31
Thread Starter 
Quote:
For the first time in years, Apple Inc. has failed to meet analysts' financial expectations, generating less revenue and profit than Wall Street expected and ending a long strong of record quarters.

[Updated, 2:05 pm] Profits increased to $6.62 billion, or $7.05 a share, for the quarter ended Sept. 24, compared to $4.31 billion, or $4.64 a share. But analysts were expecting the company to post earnings of of $7.31 a share. Revenues rose--to $28.27 billion but also fell short of estimates.

The company's stock immediately sagged nearly 5% in after-hours trading, dropping to nearly $400 from its $422 closing price on Tuesday.

Source

Apple stock (Google Finance)
Edited by Shadow_UGZ - 10/18/11 at 2:22pm
 
Redemption
(13 items)
 
 
CPUMotherboardGraphicsGraphics
i7 4770 @ 4.5 GHz ASRock Z87M Extreme4 XFX Radeon 290 (unlocked to 290X) XFX Radeon 290 
RAMHard DriveCoolingOS
Corsair Dominator 16GB (2 x 8GB) DDR3 1600 SAMSUNG 840 Pro Series 256GB XSPC Raystorm-based custom watercooling Windows 8.1 Pro 
MonitorKeyboardPowerCase
Dell 2714HM x 3 in Eyefinity TKFire Compact - Cherry Red Corsair 750HX Corsair 350D mATX 
Mouse
Sensei RAW 
CPUMotherboardGraphicsRAM
E6750 (G0 Core) Asus P5E Deluxe 2 x Sapphire Radeon 5830 2x2GB Gskill 
Hard DriveOptical DriveOSMonitor
60GB OCZ Vertex 2 Pioneer DVR-109 Windows 7 64Bit 22" Acer AL2216W 
PowerCaseMouse
Corsair TX750W Thermaltake Armor+ ESA Logitech MX Revolution 
  hide details  
Reply
 
Redemption
(13 items)
 
 
CPUMotherboardGraphicsGraphics
i7 4770 @ 4.5 GHz ASRock Z87M Extreme4 XFX Radeon 290 (unlocked to 290X) XFX Radeon 290 
RAMHard DriveCoolingOS
Corsair Dominator 16GB (2 x 8GB) DDR3 1600 SAMSUNG 840 Pro Series 256GB XSPC Raystorm-based custom watercooling Windows 8.1 Pro 
MonitorKeyboardPowerCase
Dell 2714HM x 3 in Eyefinity TKFire Compact - Cherry Red Corsair 750HX Corsair 350D mATX 
Mouse
Sensei RAW 
CPUMotherboardGraphicsRAM
E6750 (G0 Core) Asus P5E Deluxe 2 x Sapphire Radeon 5830 2x2GB Gskill 
Hard DriveOptical DriveOSMonitor
60GB OCZ Vertex 2 Pioneer DVR-109 Windows 7 64Bit 22" Acer AL2216W 
PowerCaseMouse
Corsair TX750W Thermaltake Armor+ ESA Logitech MX Revolution 
  hide details  
Reply
post #2 of 31
This is what was predicted when they announced the 4s instead of the 5. There was a lot if denial from pro apple investors but not at all surprising.

Edit: Everytime I refresh the loss increases... its dropping pretty quickly.
Rig
(17 items)
 
  
CPUMotherboardGraphicsRAM
3770k @ 4.5 ASUS P8Z77-V Pro EVGA 680 SC Corsair Vengence 16GB 
Hard DriveHard DriveHard DriveHard Drive
Sandisk 250GB SSD OCZ Vertex 4 120GB OCZ Vertex 3 120GB 6TB Various Storage 
CoolingOSMonitorKeyboard
Corsair H80 7 Ultimate x64 Acer Saitek Cyborg V.5 
PowerCaseMouseAudio
Corsair TX750 Fractal Design Define R4 w/ Window Logitech G700s Antec Lansing 
  hide details  
Reply
Rig
(17 items)
 
  
CPUMotherboardGraphicsRAM
3770k @ 4.5 ASUS P8Z77-V Pro EVGA 680 SC Corsair Vengence 16GB 
Hard DriveHard DriveHard DriveHard Drive
Sandisk 250GB SSD OCZ Vertex 4 120GB OCZ Vertex 3 120GB 6TB Various Storage 
CoolingOSMonitorKeyboard
Corsair H80 7 Ultimate x64 Acer Saitek Cyborg V.5 
PowerCaseMouseAudio
Corsair TX750 Fractal Design Define R4 w/ Window Logitech G700s Antec Lansing 
  hide details  
Reply
post #3 of 31
Profits of 6.62 Billion is still pretty damn high..
     
CPUMotherboardGraphicsRAM
3930K @ 4.4Ghz ASrock X79 Extreme6 PNY GTX 980Ti @1400Mhz GSKILL 2x8GB 2133Mhz 
Hard DriveHard DriveCoolingOS
Crucial M4 128GB WD 7200RPM 640GB Corsair H100 Windows 10 Pro 
MonitorMonitorKeyboardPower
Acer P235H 23" 1080p Dell 24" 1200p  E-Element RGB Antec HCG-750w 
CaseMouseMouse PadAudio
Corsair Obsidian Series 550D Logitech MX518 Steel Series 5L Hifiman he 400  
AudioAudio
Asus Xonar DX M-Audio AV40 
CPUMotherboardGraphicsRAM
Q6600@3.2 Asus P5Q Pro EVGA GTX 570 4GB OCZ Reaper 1096MHz 
Hard DriveHard DriveHard DriveOptical Drive
Patriot SSD WD 7200RPM 640GB WD External 2TB USB3 DVD R/W+ 
CoolingOSMonitorKeyboard
Xigmatech S1283w/bracket Windows 7 Ultimate 64 Acer P235H 23" 1080p Razer Blackwidow Ultimate 
PowerCaseMouseMouse Pad
Antec HCG-750w Antec 900 Logitech MX518 Steel Series 5L 
AudioAudio
Beyerdynamic DT 770 Pro-80 Asus Xonar DX 
  hide details  
Reply
     
CPUMotherboardGraphicsRAM
3930K @ 4.4Ghz ASrock X79 Extreme6 PNY GTX 980Ti @1400Mhz GSKILL 2x8GB 2133Mhz 
Hard DriveHard DriveCoolingOS
Crucial M4 128GB WD 7200RPM 640GB Corsair H100 Windows 10 Pro 
MonitorMonitorKeyboardPower
Acer P235H 23" 1080p Dell 24" 1200p  E-Element RGB Antec HCG-750w 
CaseMouseMouse PadAudio
Corsair Obsidian Series 550D Logitech MX518 Steel Series 5L Hifiman he 400  
AudioAudio
Asus Xonar DX M-Audio AV40 
CPUMotherboardGraphicsRAM
Q6600@3.2 Asus P5Q Pro EVGA GTX 570 4GB OCZ Reaper 1096MHz 
Hard DriveHard DriveHard DriveOptical Drive
Patriot SSD WD 7200RPM 640GB WD External 2TB USB3 DVD R/W+ 
CoolingOSMonitorKeyboard
Xigmatech S1283w/bracket Windows 7 Ultimate 64 Acer P235H 23" 1080p Razer Blackwidow Ultimate 
PowerCaseMouseMouse Pad
Antec HCG-750w Antec 900 Logitech MX518 Steel Series 5L 
AudioAudio
Beyerdynamic DT 770 Pro-80 Asus Xonar DX 
  hide details  
Reply
post #4 of 31
These earnings, of course, don't take into account all the new iPhone4S orders for the current quarter.
Shadow
(13 items)
 
  
CPUMotherboardGraphicsRAM
i7920 DO 4.0/1.26V (191x21) Asus P6T MSI Twin Frozr III GTX570 Corsair 6GB DDR3/1600 Mhz 
Hard DriveOSMonitorKeyboard
128GB Falcon SSD / 1TB HDD Win 7 Pro Acer 22" Wide Razor Lycosa 
PowerCaseMouse
Corsair 750w HAF 932 Wolfking Trooper Laser 2400DPI 
  hide details  
Reply
Shadow
(13 items)
 
  
CPUMotherboardGraphicsRAM
i7920 DO 4.0/1.26V (191x21) Asus P6T MSI Twin Frozr III GTX570 Corsair 6GB DDR3/1600 Mhz 
Hard DriveOSMonitorKeyboard
128GB Falcon SSD / 1TB HDD Win 7 Pro Acer 22" Wide Razor Lycosa 
PowerCaseMouse
Corsair 750w HAF 932 Wolfking Trooper Laser 2400DPI 
  hide details  
Reply
post #5 of 31
That's alright. Some poor soul will spend $5,500 on a 17-inch Macbrook Pro and have it stolen at the "Occupy" rally on to by a new one. Apple's forecast will undoubtedly rise because of this.
Po' Pimpin'
(11 items)
 
  
CPUMotherboardRAMHard Drive
i5 2500k @ stock Biostar TZ68K+ [A3] 4GB  Sandforce 1222 64GB SSD 
Optical DriveCoolingOSMonitor
LG 22x DVD-+RW  Stock Windows 7 x64 Acer S211HL 1080p 
PowerCaseMouse
600w Diablotek Linkworld Electronic Inland 
  hide details  
Reply
Po' Pimpin'
(11 items)
 
  
CPUMotherboardRAMHard Drive
i5 2500k @ stock Biostar TZ68K+ [A3] 4GB  Sandforce 1222 64GB SSD 
Optical DriveCoolingOSMonitor
LG 22x DVD-+RW  Stock Windows 7 x64 Acer S211HL 1080p 
PowerCaseMouse
600w Diablotek Linkworld Electronic Inland 
  hide details  
Reply
post #6 of 31
Thread Starter 
Quote:
Originally Posted by ALiShaikh View Post
Profits of 6.62 Billion is still pretty damn high..
927.09 Million Shares x 29$ lost per share = 26.9 Billion dollar lost

That 6.62 Billion of profit looks quite insignificant now and it's still going down...
 
Redemption
(13 items)
 
 
CPUMotherboardGraphicsGraphics
i7 4770 @ 4.5 GHz ASRock Z87M Extreme4 XFX Radeon 290 (unlocked to 290X) XFX Radeon 290 
RAMHard DriveCoolingOS
Corsair Dominator 16GB (2 x 8GB) DDR3 1600 SAMSUNG 840 Pro Series 256GB XSPC Raystorm-based custom watercooling Windows 8.1 Pro 
MonitorKeyboardPowerCase
Dell 2714HM x 3 in Eyefinity TKFire Compact - Cherry Red Corsair 750HX Corsair 350D mATX 
Mouse
Sensei RAW 
CPUMotherboardGraphicsRAM
E6750 (G0 Core) Asus P5E Deluxe 2 x Sapphire Radeon 5830 2x2GB Gskill 
Hard DriveOptical DriveOSMonitor
60GB OCZ Vertex 2 Pioneer DVR-109 Windows 7 64Bit 22" Acer AL2216W 
PowerCaseMouse
Corsair TX750W Thermaltake Armor+ ESA Logitech MX Revolution 
  hide details  
Reply
 
Redemption
(13 items)
 
 
CPUMotherboardGraphicsGraphics
i7 4770 @ 4.5 GHz ASRock Z87M Extreme4 XFX Radeon 290 (unlocked to 290X) XFX Radeon 290 
RAMHard DriveCoolingOS
Corsair Dominator 16GB (2 x 8GB) DDR3 1600 SAMSUNG 840 Pro Series 256GB XSPC Raystorm-based custom watercooling Windows 8.1 Pro 
MonitorKeyboardPowerCase
Dell 2714HM x 3 in Eyefinity TKFire Compact - Cherry Red Corsair 750HX Corsair 350D mATX 
Mouse
Sensei RAW 
CPUMotherboardGraphicsRAM
E6750 (G0 Core) Asus P5E Deluxe 2 x Sapphire Radeon 5830 2x2GB Gskill 
Hard DriveOptical DriveOSMonitor
60GB OCZ Vertex 2 Pioneer DVR-109 Windows 7 64Bit 22" Acer AL2216W 
PowerCaseMouse
Corsair TX750W Thermaltake Armor+ ESA Logitech MX Revolution 
  hide details  
Reply
post #7 of 31
Quote:
Originally Posted by Shadow_UGZ View Post
927.09 Million Shares x 29$ lost per share = 26.9 Billion dollar lost

That 6.62 Billion of profit looks quite insignificant now and it's still going down...
Uhh.... huh? Think you might not understand the details here...

Looks like Apple is sliding right to where it should be based on those earnings statements. I expect it'll snap right back next quarter since 4S sales are not on this filing.
My System
(13 items)
 
  
CPUMotherboardGraphicsRAM
Phenom II 965 BE M4A89TD Pro XFX 6850 Crossfire 8Gb G.Skill 
Hard DriveOSMonitorPower
500Gb + 1Tb Seagate 7200 Windows 7 64-bit ASUS MS238H Ultra X3 1000 
CaseMouseMouse Pad
Rocketfish, Modded Razer Deathadder Razer eXactmat 
  hide details  
Reply
My System
(13 items)
 
  
CPUMotherboardGraphicsRAM
Phenom II 965 BE M4A89TD Pro XFX 6850 Crossfire 8Gb G.Skill 
Hard DriveOSMonitorPower
500Gb + 1Tb Seagate 7200 Windows 7 64-bit ASUS MS238H Ultra X3 1000 
CaseMouseMouse Pad
Rocketfish, Modded Razer Deathadder Razer eXactmat 
  hide details  
Reply
post #8 of 31
Bizzare Ride you have no clue what the occupy rally is all about do you, it wud do you good to actually read up on it and go out and join in! Wud do us all good.
    
CPUMotherboardGraphicsRAM
i5750 @ 3.8 (19x200)1.31vcore /1.21vtt  GA-P55M-UD4 EVGA GTX 480 @ 875/1800/2000 1.075vcore 8GB Corsair Dominator @ 2000mhz 9-10-9-27 1T 
Hard DriveHard DriveCoolingCooling
1TB Western Digital Black 64mb OS Boot 3x 60GB Vertex2E Raid 0 : 700mb/s  Prolimatech Megahalems Rev.B Zalman VF3000F 
OSMonitorPowerCase
Windows 7 Ultimate 64 42" Panasonic TXP42G20 1080p Plasma XFX 850w Pro XXX Edition (Silver) Fractal Design Arc Mini 
MouseMouse PadAudioOther
G9x Razer Goliathus Yamaha RXV671 reciever / Q Acoustic 2020i speakers Belkin n52e Keypad 
  hide details  
Reply
    
CPUMotherboardGraphicsRAM
i5750 @ 3.8 (19x200)1.31vcore /1.21vtt  GA-P55M-UD4 EVGA GTX 480 @ 875/1800/2000 1.075vcore 8GB Corsair Dominator @ 2000mhz 9-10-9-27 1T 
Hard DriveHard DriveCoolingCooling
1TB Western Digital Black 64mb OS Boot 3x 60GB Vertex2E Raid 0 : 700mb/s  Prolimatech Megahalems Rev.B Zalman VF3000F 
OSMonitorPowerCase
Windows 7 Ultimate 64 42" Panasonic TXP42G20 1080p Plasma XFX 850w Pro XXX Edition (Silver) Fractal Design Arc Mini 
MouseMouse PadAudioOther
G9x Razer Goliathus Yamaha RXV671 reciever / Q Acoustic 2020i speakers Belkin n52e Keypad 
  hide details  
Reply
post #9 of 31
Not unexpected, they didn't have any major releases for this quarter (unless the MBA was released this quarter, I can't recall). I'd buy Apple stock right now if I knew how to.
Limeworks
(22 items)
 
  
CPUMotherboardGraphicsRAM
Intel Core 2 Quad Q9550 ASUS P5E64 WS EVOLUTION MSI GTX560 Ti Twin Frozr II OCZ Reaper HPC Edition 
Hard DriveHard DriveHard DriveHard Drive
Western Digital Caviar Western Digital Caviar Green Western Digital Caviar Green Seagate Barracuda 7200.12 
Hard DriveOptical DriveCoolingOS
Seagate Barracuda 7200.12 HP Lightscribe DVD+RW Burner Thermaltake Frio Windows 7 Ultimate 
MonitorMonitorKeyboardPower
Dell 23" SP2309W Dell 20" 2007FP IBM (Lexmark) Model M Antec NeoPower Blue 650W 
CaseMouseMouse PadAudio
Slightly Modded P180B Logitech G500 Rocketfish SoundMAX Integrated S/PDIF 
AudioAudio
Yamaha RX-V992 Superlux HD681 
  hide details  
Reply
Limeworks
(22 items)
 
  
CPUMotherboardGraphicsRAM
Intel Core 2 Quad Q9550 ASUS P5E64 WS EVOLUTION MSI GTX560 Ti Twin Frozr II OCZ Reaper HPC Edition 
Hard DriveHard DriveHard DriveHard Drive
Western Digital Caviar Western Digital Caviar Green Western Digital Caviar Green Seagate Barracuda 7200.12 
Hard DriveOptical DriveCoolingOS
Seagate Barracuda 7200.12 HP Lightscribe DVD+RW Burner Thermaltake Frio Windows 7 Ultimate 
MonitorMonitorKeyboardPower
Dell 23" SP2309W Dell 20" 2007FP IBM (Lexmark) Model M Antec NeoPower Blue 650W 
CaseMouseMouse PadAudio
Slightly Modded P180B Logitech G500 Rocketfish SoundMAX Integrated S/PDIF 
AudioAudio
Yamaha RX-V992 Superlux HD681 
  hide details  
Reply
post #10 of 31
And so it begins...
KOMAHDIR
(14 items)
 
  
CPUMotherboardGraphicsRAM
Intel I5-2500k  Asus p8z68-v/gen3 Sapphire AMD 290 8GB g-skill snipers @ 1866 9,10,10,28 
Hard DriveCoolingOSMonitor
256 Crucial M4 XSPC,Swiftech,EK windows 8.1 ViewSonic VX2370Smh-LED Black 23" 
PowerCase
Coolermaster 850W Silent Pro Coolermaster CM690 
  hide details  
Reply
KOMAHDIR
(14 items)
 
  
CPUMotherboardGraphicsRAM
Intel I5-2500k  Asus p8z68-v/gen3 Sapphire AMD 290 8GB g-skill snipers @ 1866 9,10,10,28 
Hard DriveCoolingOSMonitor
256 Crucial M4 XSPC,Swiftech,EK windows 8.1 ViewSonic VX2370Smh-LED Black 23" 
PowerCase
Coolermaster 850W Silent Pro Coolermaster CM690 
  hide details  
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Technology and Science News
Overclock.net › Forums › Industry News › Technology and Science News › [LATimes] Apple misses on earnings; stock sags after hours