Apple Q4 Conference Call Live Blog -- 7.4 Million iPhones Sold!
We'll be beginning TiPb's live coverage just before 2pm PT/5pm ET, but Apple has already released their results, and they include 7.4 million iPhones sold in Q4 2009.
Apple Inc. is set to announce their Q4 2009 financial results today, and host their usual après-PR conference call at 5pm ET/2pm PT. Analysts are anticipating good news overall, though rumor once again has it demand for the iPhone 3GS is still outstripping supply.
Either way, we should find out how many iPhones have been sold to date, and how large Apple's multitouch mobile platform has grown over the last three months. (We're guessing more than a bit).
TiPb will be providing live coverage of the call, so join us back here at start time.
There are 19 comments. Add yours.
Who cares???!!!
Share holders.
Do you guys really get excited over how much profit or marketshare Apple made? I mean, if you like the phone and it works for you, why do you care? It's not a popularity contest...
...Unless of course you are a share shoulder....
Does anyone really care enough about this to listen to it live as it happens? I can see how shareholders and just those who are interested (like me) would want to hear the numbers but who is this guy who is watching a live blog intently for the most current numbers?
@ Joe, Al, and Nut:
Yes some care. So should you, although listing live may not be your take.
(Note: you can go to finance.yahoo.com and listen for yourself for free).
The profit margin on iPhones, and the profitability in general of Apple has a huge impact on development budgets and that is where new ideas and new phones come from.
I'd be more interested to see who at TiPB is going to be providing live coverage. Any Financial analysts on staff or will the usual cherry picking of cheering points rule the day?
It doesn't even matter who cares or who doesn't care. It's an iPhone blog... and this is iPhone news, whether or not it's interesting to none, some, most, or all.
@Nut Job: "Who cares?" has got to be one of the dumbest questions to a post about a 4th quarter financial results call. The obvious answer is ... Tons of people care. Thousands of shareholders care. The fact you even asked that question shows you know absolutely nothing about investing. So why ask ignorant questions about subjects you know nothing about?
"We made eleventy billion dollars" (cheers)
"The stupid nerds are still buying our stuff" (cheers)
"Cut Copy and Paste" (cheers)
Pats on the back. More pats on the back. Executive bonuses. No new development. Still need to jailbreak to make the phone nice.
@ Joe. Priceless!! Lol!!
Missed consensus on both iPhone sales (7.4M vs 7.5M) and iPod sales (10.2M vs 10.5M), yet beat bigtime on earnings ($1.82 vs $1.42). Next Q forecast conservatively below consensus estimates, yet stock is up $15 after hours.
apple still padding there numbers that while the device is sold to dist centers, not to a consumer its considered a sold product bumping there numbers to look good for share holders?
Bugs: an iPhone/Mac sold to a reseller, is "sold". At a lower profit margin than direct to the public through a retail store obviously, but by all definitions it's sold!
Good numbers from Apple.
And bugs still using There for Their.
Fastlane.... Right on !!!!
@bugs
all numbers are done this way, it's an accounting thing. Do you think gateway calls every bestbuy to get accurate counter sales.. It's what is sold out of the factory warehouse...
I don't care either
@Bugs:
Apple sells product to vendors. Vendors sell to consumers. Regardless of who has them, the product was still sold by Apple, and they still recieved payment. So it counts as a sale no matter how you look at it because apple still recieved money for goods.
And even then it's not exagerated. Vendors only buy product they know they will sell. None of the vendors will buy an over abundance of goods because it costs money, and storage space also costs. So for the most part, those products are accounted for and most likely will change hands to the consumer.
nice..now where my cut? hahaha
I bought 50 shares of Apple at 3:56 pm at 189.26 per share. After hours trading shows that Apple will open tomorrow at 202. I am an extremely happy man.