Apple Q4 Earnings Do Not Move AAPL Stock As Holiday Quarter Forecast Is Flat

Posted: Oct 28 2015, 1:31am CDT | by , Updated: Oct 28 2015, 9:38pm CDT , in Apple


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Apple Q4 Earnings do not Move AAPL Stock as Holiday Quarter Forecast is Flat
Photo Credit: Getty Images

Record fourth quarter numbers leave investors unmoved in after-hours trading.

The AAPL stock is only slightly up after Apple released the fiscal Q4 earnings results. The Company announced quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These record results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter.

Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

Apple said that the growth was fueled by record fourth quarter sales of the iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services.

“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week.”

Apple's outlook to the crucial holiday quarter (fiscal 2016 first quarter) are though what are the reason for investors not getting too excited. The projected revenue for the holiday quarter is just in the range of last year. This means Apple does not see a year-to-year growth in the essential fiscal Q1 2016.

Apple says that they expect revenue between $75.5 billion and $77.5 billion. Last year the company posted $74.6 billion in revenues for the holiday quarter, which was the highest ever revenue and up a staggering $17 billion from a year earlier. The projected revenues are only slightly higher than last year.

Apple investors are used to see significant growth every time Apple reports earnings. The holiday season of last year is hard one to beat. The numbers of the quarter leading into the holiday season are though a reason to believe that Apple will be able to deliver a record Holiday quarter. iPhone and Mac sales are strong. Apple is releasing new products with the new Apple TV and the iPad Pro. The Apple Watch is considered the hottest holiday tech gift for the Holidays 2015.

We would not be surprised if Apple will report a record holiday quarter in January of 2016.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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