Nu er der ikke længe til at vi ser regnskabet fra Apple. Kan den imponerende vækst virkelig fortsætte og kan deres marginer holdes. Det sidste er næsten det vi skal være mindst nervøs for. For Apple få retfærdigt flere og flere fans jorden rundt om det nu er Ipad, Ipod, Iphone eller Imacs.
Prismæssigt er Apple faktisk ikke vanvittig dyrere på tabletmarkedet og deres low range bærbare kan også være med. Consensus leder efter 17 mio Iphones og 7,5 mio Ipads.
Vi har tidligere herinde analyseret apple og givet et kursmål på 500, idag ligger vi så i 373.
Nedenunder alt den fokus på selve hardware, ligger stadig usynligt AppStore, Itunes, Ibooks og nytilkomne Iads. De kan stadig trække en masse vækst, ligesom Ipad 2 kan. Men er der grænser for væksten. Det spørgsmål får vi svar på om få timer.
Prismæssigt er Apple faktisk ikke vanvittig dyrere på tabletmarkedet og deres low range bærbare kan også være med. Consensus leder efter 17 mio Iphones og 7,5 mio Ipads.
Vi har tidligere herinde analyseret apple og givet et kursmål på 500, idag ligger vi så i 373.
Nedenunder alt den fokus på selve hardware, ligger stadig usynligt AppStore, Itunes, Ibooks og nytilkomne Iads. De kan stadig trække en masse vækst, ligesom Ipad 2 kan. Men er der grænser for væksten. Det spørgsmål får vi svar på om få timer.
Det er godt nok rekordernes tid. Det foruroligende er at estimaterne ligger så relativt tæt, så der er altså lagt op til megaskuffelse hvis de ikke bonger ind og jeg vil tro det skal være over gennemsnittet
19/7 2011 19:58 troldmanden 0
44168 Hvis man ser nærmere på anal,ytikernes estimater så er det udelukkende iphone der forventes at vokse signifikant på hardware side. Fra 8,4 mio til 16,5 mio. Ipad fra 7,3 mio til 7,8 mio og mac fra 4,1 mio til 4,2 mio. Så det er iphone der er trækhesten. Og med rygterne om relle aftaler med kinesiske teleoperatør så kan iphone salgte nok stige meget mere i løbet af de næste 12 mdr.
Ang indtjening så er dark horse hvad atom ulykken i Japan har betydet af ekstra udgifter. Der var en del rygter ude om hamstring af komponenter i form af ekstra betaling til div underleverandør
Ang indtjening så er dark horse hvad atom ulykken i Japan har betydet af ekstra udgifter. Der var en del rygter ude om hamstring af komponenter i form af ekstra betaling til div underleverandør
19/7 2011 22:43 collersteen 044175 Vildt
SAN FRANCISCO (MarketWatch) - Apple Inc. reported a surge in third-fiscal quarter earnings on Tuesday afternoon, solidly beating Wall Street's estimates. For the quarter ended June 25, Apple /quotes/zigman/68270/quotes/nls/aapl AAPL -0.17% reported net income of $7.31 billion, or $7.79 per share, compared to net income of $3.25 billion, or $3.51 per share, for the same period the previous year. Revenue surged 82% to $28.6 billion for the quarter. Analysts had been expecting earnings of $5.80 per share on revenue of $24.9 billion, according to consensus forecasts from Thomson Reuters. For the quarter ending Sept. 30, Apple said it expects revenue of $25 billion and earnings per share of $5.50. Analysts were expecting revenue of $27.7 billion with earnings of $6.42 per share for the period
SAN FRANCISCO (MarketWatch) - Apple Inc. reported a surge in third-fiscal quarter earnings on Tuesday afternoon, solidly beating Wall Street's estimates. For the quarter ended June 25, Apple /quotes/zigman/68270/quotes/nls/aapl AAPL -0.17% reported net income of $7.31 billion, or $7.79 per share, compared to net income of $3.25 billion, or $3.51 per share, for the same period the previous year. Revenue surged 82% to $28.6 billion for the quarter. Analysts had been expecting earnings of $5.80 per share on revenue of $24.9 billion, according to consensus forecasts from Thomson Reuters. For the quarter ending Sept. 30, Apple said it expects revenue of $25 billion and earnings per share of $5.50. Analysts were expecting revenue of $27.7 billion with earnings of $6.42 per share for the period
Fedt, men jeg tror analytikerne vil fokusere på det næste kvartal, men faneme godt gået igen.
All-Time Record Revenue and Earnings
iPhone Sales Grow 142 Percent; iPad Sales Grow 183 Percent
CUPERTINO, California-July 19, 2011-Apple® today announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The Company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross Margin was 41.7 percent compared to 39.1 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter's revenue.
The Company sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter. Apple sold 9.25 million iPads during the quarter, a 183 percent unit increase over the year-ago quarter. The Company sold 3.95 million Macs during the quarter, a 14 percent unit increase over the year-ago quarter. Apple sold 7.54 million iPods, a 20 percent unit decline from the year-ago quarter.
"We're thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent," said Steve Jobs, Apple's CEO. "Right now, we're very focused and excited about bringing iOS 5 and iCloud to our users this fall."
"We are extremely pleased with our performance which drove quarterly cash flow from operations of $11.1 billion, an increase of 131 percent year-over-year," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50."
Apple will provide live streaming of its Q3 2011 financial results conference call beginning at 2:00 p.m. PDT on July 19, 2011 at www.apple.com/quicktime/qtv/earningsq311. This webcast will also be available for replay for approximately two weeks thereafter.
iPhone Sales Grow 142 Percent; iPad Sales Grow 183 Percent
CUPERTINO, California-July 19, 2011-Apple® today announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The Company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross Margin was 41.7 percent compared to 39.1 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter's revenue.
The Company sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter. Apple sold 9.25 million iPads during the quarter, a 183 percent unit increase over the year-ago quarter. The Company sold 3.95 million Macs during the quarter, a 14 percent unit increase over the year-ago quarter. Apple sold 7.54 million iPods, a 20 percent unit decline from the year-ago quarter.
"We're thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent," said Steve Jobs, Apple's CEO. "Right now, we're very focused and excited about bringing iOS 5 and iCloud to our users this fall."
"We are extremely pleased with our performance which drove quarterly cash flow from operations of $11.1 billion, an increase of 131 percent year-over-year," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50."
Apple will provide live streaming of its Q3 2011 financial results conference call beginning at 2:00 p.m. PDT on July 19, 2011 at www.apple.com/quicktime/qtv/earningsq311. This webcast will also be available for replay for approximately two weeks thereafter.
Jeg har læst regnskaber fra børsnoterede virksomheder regelmæssigt i 15 år. Jeg har aldrig set noget lignende. Det er den mest massive vækst ovenpå en gigantisk forretning der nogensinde er præsteret. Vi bukker og nejer!
Cashflow 11 milliarder dollar ..... I kvartalet!
Cashflow 11 milliarder dollar ..... I kvartalet!
20/7 2011 00:29 troldmanden 044184 Ja det er en imponerende vækst. Man kan læse hele Q/A her. Er lidt overrasket over analytikerne ikke formår at borre mere i hvorfor Apple mener omsætningen skal falde 12% i næste Q.
Q: 12% downtick in revenue guidance is more than usual. Why?
A: Let me start with the units. For education buying season, September is weighted toward higher education, and we expect increases there. We also expect increases in iPhone, etc. There is also a future product transition that we are not going to talk about today. Those factors are already in our guidance. Confident in our pipeline. Tim Cook talking about some cannibalization of Mac by iPad. But also cannibalizing Windows. Very happy with 14% growth in Mac.
http://www.macrumors.com/2011/07/19/apple-reports-record-breaking-q3-2011/
Q: 12% downtick in revenue guidance is more than usual. Why?
A: Let me start with the units. For education buying season, September is weighted toward higher education, and we expect increases there. We also expect increases in iPhone, etc. There is also a future product transition that we are not going to talk about today. Those factors are already in our guidance. Confident in our pipeline. Tim Cook talking about some cannibalization of Mac by iPad. But also cannibalizing Windows. Very happy with 14% growth in Mac.
http://www.macrumors.com/2011/07/19/apple-reports-record-breaking-q3-2011/
19/7 2011 22:59 Occam 044179 47 "analytikere" rammer alle for lavt på såvel omsætning som EPS. Lemmingerne følges ad.
Her Iphone Suppliers
According to FBR Research, the contracted partners for the iPhone are as follows,
Samsung Electronics (applications/video processor)
Marvell (802.11)
Infineon Technologies (baseband)
Broadcom Corp. (touch screen controller)
Cambridge Silicon Radio (Bluetooth)
Foxconn International (assembly)
Foxconn Tech (mechanical parts)
Catcher (stainless casing)
Cheng Uei (connectors and cable)
Entery (Bluetooth module)
Unimicron (PCB)
Tripod (PCB)
Largan Precision (camera lens)
Altus (camera module)
According to FBR Research, the contracted partners for the iPhone are as follows,
Samsung Electronics (applications/video processor)
Marvell (802.11)
Infineon Technologies (baseband)
Broadcom Corp. (touch screen controller)
Cambridge Silicon Radio (Bluetooth)
Foxconn International (assembly)
Foxconn Tech (mechanical parts)
Catcher (stainless casing)
Cheng Uei (connectors and cable)
Entery (Bluetooth module)
Unimicron (PCB)
Tripod (PCB)
Largan Precision (camera lens)
Altus (camera module)
21/7 2011 10:56 troldmanden 044215 Det er et 2-cifret mia beløb i dollars de insourcer fra samsung. Men nu hvor Samsung og Apple er strøget i benhård patent kamp forlyder det at Apple søger efter nye leverandør til at tge over for Samsung
21/7 2011 11:08 144216 måske skal man lægge nogle bets på de ovenstående i og med at Iphone er det der virkelig eksploderer p.t.
21/7 2011 11:23 troldmanden 044217 Ja måske. Men det er også med forhøjet risiko idet de enkelte selskaber vil blive relativt hårdt ramt hvis Apple skifter leverandør. Og det gør de trods alt jævnligt. Kamera delen rygtes også med en ny leverandør lige som processoren.
nu tænker jeg på et kort spil op til deres næste regnskab, da iphones er steget 134% yoy, så det må smække i kassen.
21/7 2011 11:35 troldmanden 044219 ahh ja ok. Men tror du ikke de pågældende selskaber allerede har fåete et pænt løfte på apple regnskabet. Analytikerne kan vel stadig godt regne lidt 
Det ville lidt research så kunne afsløre..... vi er jo tilbage ved at markedet aldrig kan indiscountere alt. Derfor har vi muligvis en edge her. Men man kunne jo kigge på de enkelte aktier og finde ud af om de var steget meget og så lægge to og to sammen, eller trække fra eller gange op
Quallcomm
Late last month, Intel announced that it will acquire the wireless unit of Infineon, Apple's longtime supplier for the iPhone's baseband controller for supporting cellular connectivity. At the time, Intel CEO Paul Otellini noted that Apple CEO Steve Jobs was "very happy" about the pending acquisition.
Unwired View reports on an article [Google translation] in the China Times claiming that Apple is planning to ditch Infineon's solutions in favor of ones from Qualcomm for use in the fifth-generation iPhone.
Up until now, the baseband chip supplier for the iPhones and the iPad 3G has been Infineon, a company recently acquired by Intel for a boatload of cash. And the fact that they were Apple's supplier has to have had some impact on the size of that pile of cash.
Well, that may have been money better spent on something else, since it seems that the baseband chips for the iPhone 5 will come from Qualcomm, not Infineon. Apple will continue to design the application processor themselves (like they did with the A4 inside the iPad, iPhone 4 and the newest iPod Touch).
Qualcomm is most-widely known for its development of CDMA technology such as that used by Verizon and Sprint for their cellular networks. A Verizon-compatible iPhone has been the subject of long-standing rumors, with Apple reportedly having contracted with Qualcomm for CDMA chips for use in a Verizon iPhone set for launch early next year.
Consequently, speculation is naturally drifting toward Apple making the full changeover to Qualcomm if that company can also supply acceptable GSM chips, or perhaps even a single hybrid chip capable of supporting both standards.
Late last month, Intel announced that it will acquire the wireless unit of Infineon, Apple's longtime supplier for the iPhone's baseband controller for supporting cellular connectivity. At the time, Intel CEO Paul Otellini noted that Apple CEO Steve Jobs was "very happy" about the pending acquisition.
Unwired View reports on an article [Google translation] in the China Times claiming that Apple is planning to ditch Infineon's solutions in favor of ones from Qualcomm for use in the fifth-generation iPhone.
Up until now, the baseband chip supplier for the iPhones and the iPad 3G has been Infineon, a company recently acquired by Intel for a boatload of cash. And the fact that they were Apple's supplier has to have had some impact on the size of that pile of cash.
Well, that may have been money better spent on something else, since it seems that the baseband chips for the iPhone 5 will come from Qualcomm, not Infineon. Apple will continue to design the application processor themselves (like they did with the A4 inside the iPad, iPhone 4 and the newest iPod Touch).
Qualcomm is most-widely known for its development of CDMA technology such as that used by Verizon and Sprint for their cellular networks. A Verizon-compatible iPhone has been the subject of long-standing rumors, with Apple reportedly having contracted with Qualcomm for CDMA chips for use in a Verizon iPhone set for launch early next year.
Consequently, speculation is naturally drifting toward Apple making the full changeover to Qualcomm if that company can also supply acceptable GSM chips, or perhaps even a single hybrid chip capable of supporting both standards.
