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MacSurfer's Archive: Tuesday, May 2, 2017


Apple Q2 Results
  • "Apple Reports Second Quarter Results: Apple® today announced financial results for its fiscal 2017 second quarter ended April 1, 2017. The Company posted quarterly revenue of $52.9 billion and quarterly earnings per diluted share of $2.10. These results compare to revenue of $50.6 billion and earnings per diluted share of $1.90 in the year-ago quarter. International sales accounted for 65 percent of the quarter's revenue."  Apple 3:44 PM
  • "Apple Reports Second Quarter Results: Capital Return Program Expanding to $300 Billion" ["The Board has approved a 10.5% increase to the Company's quarterly dividend, and has declared a dividend of $0.63 per share of the Company's common stock, payable on May 18, 2017 to shareholders of record as of the close of business on May 15, 2017."] Business Wire 3:32 PM
  • "The iPhone Waiting Game Strikes Again: Apple sold 50.8 million iPhones last quarter, but investors were expecting more. The effect of iPhone 8 rumors?" Barron's 7:05 PM
  • "Q2 2017 call transcript: Apple's answers to analyst's questions" Six Colors 7:53 PM
  • "Apple Continues Its Comeback Campaign, but iPhone Worries Persist: Revenue has now risen in two consecutive quarters following a slump" [Paid Membership Required] 3:46 PM
  • "Apple posts surprise fall in iPhone sales" Reuters 3:45 PM
  • "Apple's earnings show modest growth, but iPhone sales are flat: A return to form after a downturn" The Verge 3:48 PM
  • "Apple sold 50.8 million iPhones last quarter — below expectations" Recode 3:50 PM
  • "Customers Waiting on New iPhones Crimp Apple's Profits" New York Times [Free/Paid Registration Required] 9:13 PM
  • "Apple Reports 2Q 2017 Results: $11B Profit on $52.9B Revenue, 50.8M iPhones" MacRumors 3:50 PM
  • "Apple's Ho-Hum Q with a Bunch of Giant Questions: Several analysts are predicting a slight beat when Apple reports FYQ2 earnings tonight, but the affair is regarded as rather a dull matter when all anyone cares about is the 'iPhone X' expected this fall. Looming questions are the path of Apple's litigation with Qualcomm, the scope of its expected increase in its capital returns program, and how badly rising chip prices will eat into gross profit margin." Barron's 3:50 PM
  • "Apple has MORE cash than the UK and Canada combined: Firm set to reveal its quarterly financial results and reveal reserves of more than a quarter of a trillion dollars" Daily Mail (UK) 7:36 PM
  • "Thanks to Tim Cook's comments we know now Apple's 'wearable' business is at least $5 billion" Business Insider 7:05 PM
  • "Apple Misses Q2 iPhone Sales Estimates, 50.8 Million Units Sold" Zacks 7:04 PM
  • "Apple earnings: Even Apple's smallest business segment is the size of a Fortune 500 company"  Quartz 7:04 PM
  • "Apple Loses Ground Again in China: Country is weak spot as the iPhone maker sees growth in other regions" [Paid Membership Required] 8:18 PM
  • "Apple's Earnings Were Solid Outside of China" TheStreet 8:17 PM
  • "'It's time for Tim Cook to spend the money,' irate investor says" CNBC 7:05 PM
  • "Tim Cook said how Apple plans to double its fastest growing business by 2020" CNBC 7:05 PM
  • "Apple CEO Tim Cook: Why we're withholding royalties owed to Qualcomm" Yahoo! Finance 7:04 PM
  • "Cook blames unexpected iPhone sales fall on leaks about new model" Financial Times [Paid Membership Required] 7:05 PM
  • "Apple's Tim Cook says increasing pace of 'iPhone 8' leaks hurting sales" AppleInsider 7:18 PM
  • "Apple increases R&D spend to nearly $2.8B in fiscal Q2" AppleInsider 7:17 PM
  • "AirPods demand significantly exceeding supply, Apple Watch + AirPods/Beats sales now size of Fortune 500 company" 9to5Mac 7:12 PM
  • "Apple's services business grows 18% as iPhone sales stall" TechCrunch 7:16 PM
Apple News
  • "The annual Apple cash bonanza is here — will $300 billion be enough? It's time for Apple to tell investors how much of that giant cash pile they can expect to get"  MarketWatch 7:45 AM
  • "Apple earnings: Everyone's expecting a boring, normal report/Will Tim Cook say anything new about the future?"  Recode 8:00 AM
  • "Apple Q2 earnings: Why the numbers no longer matter" VentureBeat 8:01 AM
  • "Apple, Inc. Earnings: 3 Questions for Tim Cook/Look for Cook to address Apple's long-term growth potential, possible new product segments, and its fast-growing services business." The Motley Fool 12:56 PM
  • "Apple Earnings Smackdown: Final spreadsheet, Q2 2017" Apple 3.0 8:00 AM
  • "Apple Financial Results - Q2 2017: Join us here on May 2, 2017 at 2:00 p.m. PT / 5:00 p.m. ET to listen to the conference call live." Apple 7:33 AM