{"id":774,"date":"2013-01-25T13:46:01","date_gmt":"2013-01-25T18:46:01","guid":{"rendered":"http:\/\/blog.nccomputertech.com\/?p=774"},"modified":"2013-01-25T13:46:01","modified_gmt":"2013-01-25T18:46:01","slug":"apple-posts-record-earnings-iphone-and-ipad-sales-yet-misses-wall-street-expectations","status":"publish","type":"post","link":"https:\/\/nccomputertech.com\/techtalk\/2013\/01\/25\/apple-posts-record-earnings-iphone-and-ipad-sales-yet-misses-wall-street-expectations\/","title":{"rendered":"Apple posts record earnings, iPhone and iPad sales, yet misses Wall Street expectations"},"content":{"rendered":"

One would think that posting record revenue and record quarterly profit would be seen as a good thing, but apparently that\u2019s not good enough if your name is Apple. Despite the aforementioned good fortune, Cupertino still missed analyst\u2019s lofty expectations \u2013 although not by much.
\nFor the quarter, Apple recorded revenue of $54.5 billion and a quarterly net profit of $13.1 billion. During the previous year, the company posted revenue of $46.3 billion and net profit of the same $13.1 billion. They sold 47.8 million iPhones and 22.9 million iPads during the previous three months, up from 37 million iPhones and 15.4 million iPads a year ago. iPod sales were down, however, from 15.4 million last year to just 12.7 million this year.
\nCEO Tim Cook said Apple was thrilled with record revenue of over $54 billion and sales of more than 75 million iOS devices in a single quarter. During the earnings call, he said that no technology company has ever posted these kinds of results.
\nHe went on to say that Apple was very confident in their product pipeline as they continue to focus on innovation and making the best products in the world. But perhaps it\u2019s that last sentence that has a number of analysts and investors concerned.
\nThe record earnings and profit are good news for shareholders as the company declared a cash dividend of $2.65 per share for common stock. That will be payable on February 14 to shareholders on record as of the close of business on February 11.
\nvia Apple posts record earnings, iPhone and iPad sales, yet misses Wall Street expectations – TechSpot<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

One would think that posting record revenue and record quarterly profit would be seen as a good thing, but apparently […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,10],"tags":[89,927],"class_list":["post-774","post","type-post","status-publish","format-standard","hentry","category-apple","category-technology","tag-apples","tag-sales"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/papNkV-cu","jetpack-related-posts":[{"id":3027,"url":"https:\/\/nccomputertech.com\/techtalk\/2013\/07\/24\/record-iphone-sales-and-reduced-margins-dominate-apples-third-quarter\/","url_meta":{"origin":774,"position":0},"title":"Record iPhone sales and reduced margins dominate Apple\u2019s third quarter","author":"NCCT","date":"July 24, 2013","format":false,"excerpt":"achimh Apple dropped its financial results for the third quarter of fiscal 2013 today, and the news was decidedly mixed. Apple reported a quarterly record for iPhone sales (31.2 million, up from 26 million iPhones for the year-ago quarter), but iPad, iPod, and Mac sales were down slightly, and profits\u2026","rel":"","context":"In "Apple"","block_context":{"text":"Apple","link":"https:\/\/nccomputertech.com\/techtalk\/category\/apple\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.arstechnica.net\/wp-content\/uploads\/2013\/07\/8079458710_dc381461b5_z.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cdn.arstechnica.net\/wp-content\/uploads\/2013\/07\/8079458710_dc381461b5_z.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/cdn.arstechnica.net\/wp-content\/uploads\/2013\/07\/8079458710_dc381461b5_z.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":6473,"url":"https:\/\/nccomputertech.com\/techtalk\/2014\/09\/25\/iphone-6-first-weekend-beats-last-years-iphone-5-sales-sets-record\/","url_meta":{"origin":774,"position":1},"title":"iPhone 6 first weekend beats last year\u2019s iPhone 5 sales, sets record","author":"NCCT","date":"September 25, 2014","format":false,"excerpt":"For the third September in a row, people around the United States have queued up (physically and virtually) to buy the latest Apple iPhone\u2014and for the third September in a row, Apple has sold a hell of a lot of iDevices. 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