Tags Earnings

Apple hits a speed bump in Q2 after its stock soared in the past year

 Apple hit a little snag in the second quarter, falling slightly under what Wall Street expected in its earnings report — causing a slight drop after its stock has jumped massively in the past year. The company reported earnings of $2.10 per share on revenue of $52.9 billion. Wall street was looking for earnings of $2.02 per share on revenue of around $53 billion. It also sold 50.8… Read More

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Matthew Lynley

May 2nd

Apple

Gadgets

Mobile

Apple’s services are buoying its return to growth as its iPhone engine stalls

tim cook It looks like Apple’s big bet on building an array of services like iCloud, Apple Music and the App Store is starting to be the big business the company hoped it would be. Wall Street and Apple had expected to return to growth this quarter following the holiday season, though it was supposed to be largely incremental. And while it wasn’t exactly a blowout, Apple still… Read More

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Matthew Lynley

January 31st

Apple

Gadgets

Mobile

Alphabet reports a strong third quarter despite free-falling advertising values

Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco, Monday, Nov. 2, 2015. (AP Photo/Jeff Chiu) Alphabet’s strategy of trying to stuff the difference between declining mobile advertising value with additional clicks appears to still be paying off as the company once again showed Wall Street that it can make a ton of money and continue to grow. Alphabet (we’re just gonna call it what it is because we’re talking about the core business: Google) reported earnings of $9.06… Read More

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Matthew Lynley

October 27th

Gadgets

Mobile

Apple signals a return to sales growth for the holidays in its fourth-quarter earnings

SAN FRANCISCO, CA - OCTOBER 22:  Apple CEO Tim Cook speaks during an Apple announcement at the Yerba Buena Center for the Arts on October 22, 2013 in San Francisco, California.  The tech giant announced its new iPad Air, a new iPad mini with Retina display, OS X Mavericks and highlighted its Mac Pro.  (Photo by Justin Sullivan/Getty Images) All eyes are officially on the holiday season for Apple. Ahead of the Christmas retail season, Apple reported its fourth-quarter earnings that were directly in-line with what Wall Street was expecting. Almost everything came as expected as the company stands in a basic holding pattern, waiting for the first full quarter of its next generation of iPhone sales to come in throughout the… Read More

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Matthew Lynley

October 25th

Apple

Gadgets

Twitter decides to release earnings while most of us are sleeping because reasons

twitter-eats-newspaper2 A lot of the industry watchers that follow Twitter are out here on the West Coast, where the company is based. And for good reason! The Twitter diaspora exists in a large force out here and are great to keep in touch with in order to keep context, and it’s important to be in general geographic proximity of the company’s headquarters. Which is part of the reason why we’re… Read More

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Matthew Lynley

October 24th

Gadgets

The Europas — It’s time for different type of tech conference

awards3 (1) Let’s face it. Some tech conferences have lost their way. While TechCrunch Disrupt remains a firmly curated, media-driven, event, with hundreds of journalists attending, a couple of other conferences have really gone for scale. A minimum of 15,000 people, thousands of companies, echoing halls — and a lot of investors (and journalists) turning their badges around so they don’t… Read More

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Mike Butcher

May 20th

Gadgets

Mobile

Apple Tumbles 6.5% After Growth Flattens

shutterstock_152974484-apple-aapl Normally, a 6 percent drop in a stock price is somewhat significant but probably wouldn’t be considered a huge deal. But it’s a different story for Apple, where a 6 percent drop erases tens of billions of dollars in value. That’s exactly what happened during trading today following the company’s earnings report last night, which signaled the company’s first… Read More

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Matthew Lynley

January 27th

Apple

Gadgets

Apple TV And Apple Watch (Probably) Had A Big Quarter

apple watch activity Apple posted its quarterly earnings after the bell on Tuesday, showcasing record profits of $18.4 billion. While the release made it easy to determine that 74.8 million iPhones were sold, in line with analyst estimates, Apple’s “other” category makes it difficult to assess how many Apple Watches and TVs were purchased. Read More

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Katie Roof

January 26th

Gadgets

Apple Reports 1 Billion “Active” Devices

Screen Shot 2016-01-26 at 4.43.55 PM In Apple’s Q1 ’16 “Earnings Supplemental Material” – documentation added to today’s earnings primarily to highlight how foreign exchange rates are impacting revenue – there was another notable figure revealed: Apple says now its “active” install base has reached 1 billion devices. (Actually, it has surpassed it, says CEO Tim Cook.) That… Read More

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Sarah Perez

January 26th

Apple

Gadgets

Tim Cook earns $10.3M in 2015 as other executives bring home $25M each

Tim Cook iPad Pro 16-9

Apple today made a new filing with the SEC in which it revealed the earnings of its top executives during 2015. In the filing it was revealed that CEO Tim Cook earned roughly $10.2 million during the 2015 year, which is a slight increase from the $9.2 million he earned in 2014. Cook’s salary was $1.7 million in 2015. Cook also has nearly 3.1 million Apple shares that have yet to vest, which at the end of 2015, were worth roughly $350 million.

As for the other executives, they all earned around $25 million during 2015, including $20 million in new stock awards. CFO Luca Maestri earned $25.3 million, up from $14 million in 2014, while retail chief Angela Ahrendts earned $25.7 million, down from $73.4 million in 2014. Eddy Cue, SVP of hardware engineering Dan Riccio, and SVP general counsel and secretary Bruce Sewell all brought in $25.1 million each. These numbers do not include restricted stock units that vested in 2015. All executives, aside from Cook, received a $1 million salary in 2014.

Apple, as usual, did not disclose the compensation for chief design officer Jony Ive.

Apple is set to share its Q1 2016 earnings on January 26th, which should offer more insight into the company’s performance throughout 2015. Today’s filing revealed the company generated $233.7 billion in sales during 2015, a 28 percent increase over 2014.

Screen Shot 2016-01-06 at 5.28.24 PM


Filed under: AAPL Company Tagged: Apple, earnings, executives, salary, Tim Cook

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Chance Miller

January 6th

Apple

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