Apple $AAPL Quarterly Earnings LIVE Webcast, July 31, 5pm EDT

Apple Inc.

NASDAQ: AAPL

$AAPL

Principal domain: apple.com

Investor Relations website: investor.apple.com

Apple FY 18 Third Quarter Results: Tuesday, July 31, 2018 at 5:00 p.m. EDT

Listen to the conference call webcast - Earnings Call Transcript | SeekingAlpha.com

Earnings Release: "Revenue Up 17 Percent and EPS Up 40 Percent to New June Quarter Records - Services Revenue Reaches New All-Time High"--excerpts:

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”

“Our strong business performance drove revenue growth in each of our geographic segments, net income of $11.5 billion, and operating cash flow of $14.5 billion,” said Luca Maestri, Apple’s CFO. “We returned almost $25 billion to investors through our capital return program during the quarter, including $20 billion in share repurchases.”

Apple provided the following guidance for its fiscal 2018 fourth quarter:

• revenue between $60 billion and $62 billion
• gross margin between 38 percent and 38.5 percent
• operating expenses between $7.95 billion and $8.05 billion
• other income/(expense) of $300 million
• tax rate of approximately 15 percent before discrete items

Apple’s board of directors has declared a cash dividend of $0.73 per share of the Company’s common stock. The dividend is payable on August 16, 2018 to shareholders of record as of the close of business on August 13, 2018.

Editor's note: $AAPL shares are UP in after hours trading.

See also on Domain Mondo: Tech Review 1) Perils of Tech Stocks, 2) High Growth Tech Companies

source: Statista.com

source: Statista.com

source: Statista.com

source: Statista.com

source: Statista.com

feedback & comments via twitter @DomainMondo
Follow @DomainMondo

DISCLAIMER

Apple $AAPL Special Event: iPhone X, iPhone 8, iPhone 8 Plus & More

Meet the Apple iPhone X

iPhone X: All screen. Introducing Face ID so you can unlock with a look. A11 Bionic, the most powerful and smartest chip ever in a smartphone. Radically new cameras with Portrait Lighting. Wireless charging, animojis and augmented reality. Meet iPhone X. Say hello to the future. Learn more at http://apple.co/2f2ujYA

Apple Special Event 2017 LIVE STREAM | apple.com presentation: iPhone X, iPhone 8, iPhone 8 Plus, Apple Watch Series 3 - Livestream of the 2017 Apple Special Event on September the 12th also available on YouTube here.

Apple iPhone pricing

Apple shares (NASDAQ: AAPL):

See also: Apple: That's A Disappointment | SeekingAlpha.com.

Things the iPhone Helped Destroy | The New York Times:

Video published on Sep 12, 2017: Since it was introduced 10 years ago, the iPhone has been a great disrupter, heralding an end to everything from paper maps to small talk. Here’s a (slightly) tongue-in-cheek look at all the things this ubiquitous gadget has laid to waste.

feedback & comments via twitter @DomainMondo
Follow @DomainMondo

DISCLAIMER

Tech Review | Apple Event Sept 12: New iPhones, Apple Watch & Apple TV

Tech Review (TR 2017-09-02)--Domain Mondo's weekly review of tech news:
Features • 1) Apple Event Sept 12: New iPhones, Apple Watch & Apple TV, 2) China & Cryptocurrency, 3) Amazon Alexa + Microsoft Cortana, 4) Investing: US GDP, $AAPL, Uber IPO, Intel $INTC, Sprint $S Short, Disney $DIS Dinosaur ABC TV, Forecast of Doom?, 5) ICYMI Tech News: Google & EU Antitrust, US DOJ Probes Uber, Hurricane Harvey and Weather Prediction Models.

1) Apple announces iPhone event for Sept 12 | loopinsight.com: The event will take place at the Steve Jobs Theater on the company’s new Apple Park campus in Cupertino, California, September 12 at 10:00 am PDT. Jim Dalrymple of loopinsight.com will attend and report "all of the news as it happens." Other options include LIVE coverage via TWIT.tv.

Apple Sends Out Invitations to Sept. 12 Product Event

Video above published Aug 31, 2017: Apple Inc. $AAPL has set Sept. 12 for its most significant new product announcement in years. Bloomberg.com's Mark Gurman says new iPhones, Apple TV and Watch will be introduced.  See also Why Apple’s Sept. 12 iPhone event is its most important in years | Recode.net.

2) China & Cryptocurrency: Chinese regulators, including the People's Bank of China and the China Securities Regulatory Commission, are considering how to handle ICOs (initial coin offerings), including whether to ban them outright until regulations are in place, Caixin reported citing sources. See also Major Chinese Cryptocurrency Fundraising Platform Halts Operations | CaixinGlobal.com.

3) Amazon Alexa + Microsoft Cortana: "Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ: MSFT) announced ... Alexa will [later this year] be able to talk to Cortana, and Cortana will be able to talk to Alexa. You will be able to turn to your Echo device and say, “Alexa, open Cortana,” or turn to your Windows 10 device and say, “Cortana, open Alexa.” Alexa customers will be able to access Cortana’s unique features like booking a meeting or accessing work calendars, reminding you to pick up flowers on your way home, or reading your work email – all using just your voice. Similarly, Cortana customers can ask Alexa to control their smart home devices, shop on Amazon.com, interact with many of the more than 20,000 skills built by third-party developers, and much more."--Amazon Press Release Aug. 30, 2017.

4) Investing

• US revised second-quarter GDP up 3.0% vs 2.7% rise expected | cnbc.com: "The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years. There are signs that the momentum was sustained at the start of the third quarter. Gross domestic product [GDP] increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said."
• Apple's [$AAPL] market cap could reach $1 trillion | cnbc.com
• Uber IPO is 18-36 months away says new Uber CEO Khosrowshahi--WSJ.com. 
• Intel $INTC | SeekingAlpha.com: Intel's Moat Is No Joke, And AMD Should Be Worried: "... Intel's immense R&D budget gives it a moat the market is forgetting. The company trades cheap, carries a solid yield and offers significant growth potential ..."
• Sprint: Compelling Short With Multiple Ways To Win - Sprint Corporation (NYSE:S) | SeekingAlpha.com Aug 30, 2017 by John Zhang: "... reclassification of certain expenses has created a mirage of rapidly improving finances ..."
• Disney Dinosaur ABC TV: Disney to Cut Staff at ABC Television Group | WSJ.com: "As many as 300 jobs could be cut in aim to reach 10% reduction in costs."
• Forecast of Doom? Ray Dalio's Forecast of Doom Is Overblown--Bloomberg.com and Systemic Uncertainty, Meet Fragility--washingtonsblog.com. 

5) ICYMI Tech News:

• Alphabet's Google acts to comply with EU antitrust order | Reuters.com

• U.S. DOJ probes Uber | WSJ.com Aug. 29, 2017: the Justice Department has started probing whether managers at Uber violated U.S. laws--the Foreign Corrupt Practices Act--which forbid bribery of foreign officials.

• What made the rain in Hurricane Harvey so extreme? WashingtonsBlog.com: A combination of unusually high rain rates and long duration resulted in a very large area with 30 to 45 inches of rain in a few days "... One final remarkable aspect of Hurricane Harvey’s rainfall is how accurate numerical weather prediction models – and the human forecasters who use them to make official forecasts – were at highlighting the incredible precipitation accumulations. Medium-range forecast models at least a week in advance were showing Harvey stalling out along the Texas coast and producing extreme rainfall ..."  See also: Don’t get duped: How to avoid post-Harvey charity scams | WGNO.com.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo
Follow @DomainMondo

DISCLAIMER

Apple Event LIVE, iPhone 6s, iPhone 6s Plus, Apple TV, Preview (video)

What to Watch for at Apple's IPhone Event: Apple is hosting its annual splash on Wednesday to unveil a new version of its most-important product, the iPhone. The company has also used the occasion to update customers, analysts and investors on its performance and other products—and this year will probably be no different. Bloomberg's Cory Johnson reports on "Bloomberg Markets," September 8, 2015. 

If you are interested in attending the Apple September 9th event online, here are your options for LIVE coverage starting at 1:00 PM ET (US):

• Online at apple.com - Live streaming uses Apple’s HTTP Live Streaming (HLS) technology. HLS requires an iPhone, iPad, or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a PC with Microsoft Edge on Windows 10. Streaming via Apple TV requires a second- or third-generation Apple TV with software 6.2 or later.
• Live blogs: cnet.com, theverge.com, and others
• Apple iPhone Event LIVE Coverage with commentary:  https://twit.tv/live starts 10AM PDT (converter)

However, Apple's September 9th Launch Event, some say, may be a "less than impressed" non-event:

• Apple's iPhone 6S: The peak of smartphone boredom? - CNET: "With few physical changes expected in the next iPhone, it's become emblematic of a problem with the broader smartphone industry: It's just not that exciting anymore ... a new iPhone is no longer a must-have item."
• The next Apple TV puts company in rare role: Playing catch-up - CNET: "Apple's Internet-connected-television device hasn't been updated in three years. A new box, expected Wednesday, will give Apple fans what they've wanted -- and what everyone else already enjoys."

Apple TV 4 coming in October for under $200 | 9to5Mac:

• One comment: "Sorry but there’s nothing game changing about overpricing your product. I personally wouldn’t mind paying $200, but it has to be completely deserving of its price tag and as of now, it doesn’t look like that’s the case." 
• Another comment: "The Chromecast [total cost: $35] was a game changing device because it was so cheap but has all the functionality of an Apple TV and then some. Most people don’t want to shell out $200 for a TV box because they simply aren’t necessary anymore."

According to 9to5Mac, Apple also plans to introduce the new iPhone 6S and iPhone 6S Plus on September 9th, which will include:

• Force Touch-capable displays
• new Rose Gold color option
• 12 megapixel cameras with 4K video recording support
• "more efficient" Qualcomm wireless chips
• "faster" A9 processors with double the RAM and "better" battery life
• "improved" front-facing cameras for FaceTime. 

Apple, however, will not be introducing a new 4-inch “iPhone 6c” according to 9to5Mac.

Pricing for the new iPhones? Sorry you asked. With contracts going away at most wireless carriers, Apple iPhones will no longer be competitively priced compared to Android smartphones which often have superior performance and features. Expect to pay premiums of $300 to $600 more for a new iPhone than an equal or superior Android smartphone from Motorola, HTC, Huawei, Xiaomi, Samsung, LG, and others:

iPhone 6s and iPhone 6s Plus prices on release date: 16GB, 64GB, 128GB | BGR: "the iPhone 6s will sell for $649, $749 or $849 while the iPhone 6s Plus will cost $749, $849 or $949."

See also on Domain Mondo:

• Apple, iPhone Vulnerability, Product Concentration, $AAPL Unsustainability (August 4, 2015)
• Apple Watch, Apple Music, Apple #FAILS? $AAPL, Google Search Trends (July 5, 2015)
• The Problem With Apple $AAPL (June 8, 2015)

Follow @DomainMondo

DISCLAIMER