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AAPL Q410 Earnings Call Info
Posted by: ztirffritz
Date: October 18, 2010 12:29PM
[www.apple.com]

Apple’s conference call webcast discussing Q4 - 2010 financial results will begin at 2:00pm PT/5:00pm ET on Monday, October 18, 2010.



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Re: AAPL Q410 Earnings Call Info
Posted by: Paul F.
Date: October 18, 2010 02:08PM
That's going to make Tuesday AM quite interesting for AAPL... one way or the other.



Paul F.
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Persistence is necessary for Excellence. And Persistence is a Decision.

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Re: AAPL Q410 Earnings Call Info
Posted by: decay
Date: October 18, 2010 03:37PM
RESULTS!
[www.apple.com]



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Edited 1 time(s). Last edit at 10/18/2010 03:38PM by decay.
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Re: AAPL Q410 Earnings Call Info
Posted by: AllGold
Date: October 18, 2010 03:54PM
It took a major dump to about $294 when after-hours trading was unhalted. It's coming back but will probably open tomorrow much lower than it closed today.



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Re: AAPL Q410 Earnings Call Info
Posted by: Ken Sp.
Date: October 18, 2010 04:03PM
Is the link working for you?--not for me

2:07 Finally working



Edited 1 time(s). Last edit at 10/18/2010 04:07PM by Ken Sp..
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Re: AAPL Q410 Earnings Call Info
Posted by: ztirffritz
Date: October 18, 2010 04:21PM
Steve Jobs just took a metaphorical 'dump' on RIM. He basically said they're done.

Next he's crapping on Android...talking about how App Devs need to take into account 100+ different versions of Android vs. iOS where there are two different versions to deal with - the old version and the current version.



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Edited 1 time(s). Last edit at 10/18/2010 04:23PM by ztirffritz.
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Re: AAPL Q410 Earnings Call Info
Posted by: jdc
Date: October 18, 2010 04:44PM
Some of the highlight numbers include 14.1 million iPhones sold (up 91 percent over Q4 last year), 3.89 million Macs (up 27 percent), 9.05 million iPods (down 11 percent), and 4.19 million iPads. It all added up to an all-time record for Apple of $20.34 billion in revenue for a net profit of $4.31 billion.



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Edited 999 time(s). Last edit at 12:08PM by jdc.
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Re: AAPL Q410 Earnings Call Info
Posted by: decay
Date: October 18, 2010 04:49PM
SJ is saying how a 7" tablet isn't big enough for the content that developers are releasing.



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Re: AAPL Q410 Earnings Call Info
Posted by: ztirffritz
Date: October 18, 2010 05:07PM
So, um, what cause the $20 price drop? You'd think that people would want to buy stock in a company that just trounced analysts admittedly ambitious estimates, no? It was all good news as best I could tell. The only thing going down was iPod sales, but that is to be expected.



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Re: AAPL Q410 Earnings Call Info
Posted by: neophyte
Date: October 18, 2010 05:26PM
Um, he didn't mention iPad sales to VerizonWireless? If not, analysts and speculators might think that means no iPhone on VZW for a while at least. So, as they say, buy on speculation, sell on (presumed) fact....
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Re: AAPL Q410 Earnings Call Info
Posted by: AllGold
Date: October 18, 2010 05:28PM
Stocks are funny that way. I suppose it's really the people who buy and sell them that are funny. It's not about the actual profits, but how it compares to expectations. The stock price already was showing a lot of positive expectations.

In addition to lower iPod and iPad sales, gross margins were down. So since not everything was miraculously positive, the earnings didn't meet (overly inflated) expectations.

Could be a buying opportunity. big grin smiley



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Re: AAPL Q410 Earnings Call Info
Posted by: ztirffritz
Date: October 18, 2010 05:36PM
Quote
AllGold
Could be a buying opportunity. big grin smiley

I'll wipe out my retirement fund and buy 2 or 3 shares.



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Re: AAPL Q410 Earnings Call Info
Posted by: decay
Date: October 18, 2010 07:50PM
Google stock is, what, $600/share?



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