Apple: Here's Our Earnings! Investors: iDon'tCare.

Consumer tech giant Apple (NASDAQ: AAPL  ) reported fiscal fourth-quarter earnings yesterday after the bell. Shares traded down slightly after hours, and are down about 1% today.

The headline numbers were solid overall. Apple reported $37.5 billion in revenue, with a profit of $8.26 per share. Both numbers beat analysts' estimates. Apple's iPhone sales jumped 24% over the year-ago quarter, coming in at 33.8 million, a new record for the September quarter. Given that the new iPhone 5s and 5c were only available for nine days of the quarter, and that the 5s was in limited supply, that 24% jump is especially impressive. But iPad sales were nearly flat compared to last year.

Motley Fool analyst David Hanson explains the quarter for investors, and notes iPads didn't post much growth likely because consumers largely anticipated the new models announced Oct. 22: the iPad Air and the iPad Mini with Retina display. Those are expected to give a significant boost to iPad sales for Apple's holiday quarter.


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  • Report this Comment On October 29, 2013, at 1:07 PM, larryw101 wrote:

    Worthless interview.

  • Report this Comment On October 29, 2013, at 1:30 PM, JokerJoey wrote:

    Well, not to be argumentative, but what's your point? Everything in the article we knew and the headline is nonsense. Investors (at least the smart ones) will care a great deal, especially if they sell out now, for a few reasons.

    First, Apple's buyback program continues to take advantage of sellers by reaping an instant 16% gain every time they take a share back. Secondly, the less shares out there, the higher the profit rate per share as well as the dividend rate. Lastly, as the company proves once again that it gives conservative guidance and then beats the heck out of it, the stock price for the remaining shares will rally impressively. Do you think that people like Carl Ichan are not aware of these factors?

    It's amazing that a company like Amazon can post a loss and everyone touts it as wonderful when all the company does is sell promises, whereas a company like Apple does everything right and we get headlines like the one on this article.

  • Report this Comment On October 29, 2013, at 1:31 PM, jdmeck wrote:

    Most investors are stupid fools.

  • Report this Comment On October 29, 2013, at 2:02 PM, bugnuts wrote:

    Goofy, pointless interview.

  • Report this Comment On October 29, 2013, at 2:15 PM, JAVKO wrote:

    Piece of garbage site and third rate ANAlysts

  • Report this Comment On October 29, 2013, at 2:17 PM, toddbeall wrote:

    I agree 100% with JokerJoey. I have no clue why Amazon keeps rising and Apple treads water (stock-wise). Yes, I know Amazon's "potential" is great--but so great as to justify their off-the-chart-valuation?

    Meanwhile Apple does nearly everything right, is generating boatloads of cash, and the stock is undervalued. I keep waiting for it to go back up to $700 again. I have no idea why people would be selling it at this level.

    I am especially amused at the "analysts." One analyst upped his price target from $430 to $530 today. Really??? What will that analyst do when it reaches $600? It's a bit like predicting the weather the day after! How about predicting it a week (or, in the case of stocks, a year) before??

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