Malli Kottesam: Apple Beats In Q2 2015 With $58B Revenue, $13.6B Profi

[Spartan]

 

 

 

Apple has just released its fiscal Q2 2015 earnings, reporting $58 billion in revenue, $13.6 billion in net profit representing $2.33 per share. Compared to the year-ago quarter, it corresponds to a growth of 27.2 percent in revenue, and an impressive 40.4 percent jump in EPS (adjusted for the 7-for-1 split).

 

Expectations were pretty high following Apple’s blockbuster quarter three months ago — the company reported the largest corporate quarterly earnings of all time. And it turns out that this quarter was Apple’s second largest earnings of all time. In particular, services are now a $5 billion business, and Apple reported a gross margin of 40.8 compared to 39.9 for Q1 2015.

 

Apple is increasing its share buyback program with an authorization of $140 billion compared to $90 billion last year. Stockholders will also get a 11 percent higher dividend of $0.52 per share.

 

Fortune’s consensus among analysts was for Apple to report earnings of $2.21 per share on $56.85 billion in revenue, with both revenue and EPS exploding more than 24.7 percent and 33.1 percent respectively — this is an insane growth prediction.

[puli_keka]

f#$k apple :P

[Spartan]

Apple is increasing its share buyback program with an authorization of $140 billion compared to $90 billion last year. Stockholders will also get a 11 percent higher dividend of $0.52 per share.

[donganaaK]

those figures are just mind blowing :D

[Maximus]

[kiladi bullodu]

 

 

yeey naa raja 

[aragorn]

party got 2 stop sometime - no new hit product on the horizon apple stock owners andaru cash chesukondi when it falls it falls big  :3D_Smiles_38:

[Thingarodu]

party got 2 stop sometime - no new hit product on the horizon apple stock owners andaru cash chesukondi when it falls it falls big  :3D_Smiles_38:

 

Lol.. I will hold it.. there will be no issue with apple stock at the least for next two to three years.. it does not matter whether to have a hit product or not until they keep making good revenue.. 

[DB_Police]

[donganaaK]

party got 2 stop sometime - no new hit product on the horizon apple stock owners andaru cash chesukondi when it falls it falls big  :3D_Smiles_38:

 

apple sold 61million iphones last quarter thats like 9 phones every second , u dont call that a hit product ?

[Nellore Pedda reddy]

:d

[SeelamleniAunty]

Aoole fan boys,guddalu cimpukondi inka 

[accuman]

See my posts in stock pick


I gave lot of hints there to get 100% ROI

[alpachinao]

Ok

[srikanthraparla]

()>>  sHa_clap4