Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
Major misses everywhere, and this for the second quarter in a row:
- APPLE 3Q REV. $35.02B, EST. $37.25B
- APPLE 3Q EPS $9.32, EXP. $10.37
- APPLE 3Q NET PROFIT $8.8B
- APPLE SEES 4Q REV. ABOUT $34B, EST. $38.01B
- AAPLE 3Q GROSS MARGIN 42.8%, EST. 43.8%
- APPLE SOLD 17.0 MILLION IPADS DURING QTR, UNIT EST. 15.4M
- APPLE 3Q IPOD UNITS SOLD 6.8MLN , DOWN 10%
- APPLE SOLD 4.0 MILLION MACS DURING QTR, UNIT EST. 4.3M
- APPLE SOLD 6.8 MILLION IPODS IN QTR, UNIT EST. 6.6M
Third quarter in a row of total revenue declines:
More importantly, in Q3 revenues declined across every geography sequentially:
Is the dream over – 4 years of AAPL dividends wiped out in seconds:
However don't cry for Apple: it has $117.2 billion in cash and equvalents: a $7 billion increase in the quarter.
As a reminder, everyone is in this: Nubmer of funds owning AAPL stock
Full breakdown of the 50 most widely held HF stocks per Goldman Sachs:
