Comments on: Live from Apple's Q2 earnings call

By: Mark Sigal, SF, CA

Mark Sigal, SF, CA — Thu, 23 Apr 2009 07:45:12 +0000

While on some level, the earnings call shed no new data, this is one of those cases where no news is actually GREAT news, something that I blogged about in:

ANALYSIS – Apple Quarterly Earnings Call: When No News is GREAT News

(http://bit.ly/2DmNZ)

Check it out if interested.

Mark

By: capablanca, Tampa FL

capablanca, Tampa FL — Thu, 23 Apr 2009 03:49:48 +0000

I listened to the call live. This report is an outstanding summary. Nice job, PED.

By: Roman, Cambridge, MA

Roman, Cambridge, MA — Wed, 22 Apr 2009 22:47:45 +0000

Wow! Just wow! First, Turley Muller and Deagol (of AFB) nailed it in terms of EPS, while Andy Zaky and Gene Munster panicked for no reason (so the "grunts" from these former bulls were just that).

Mac sales were down, as feared; iPhones did better than consensus, as expected (RIMM success in smartphones was your preview). I think the biggest story, however, is the number of iPods sold. If I understand correctly, nobody predicted 11M. And of course, we know that iPod Touch is the most popular iPod, with a pretty margin too. Combine it with iPhone sales, and you see why the app store is exploding.

PED – I know some readers don't like the analyst-blogger "smackdowns", but if you could create a table, that would be an interesting read, especially given some role-reversals (e.g., Gene Munster's EPS prediction was surprisingly low).

ex ped: Tune in tomorrow.

By: Karen, New Canaan, CT

Karen, New Canaan, CT — Wed, 22 Apr 2009 22:24:04 +0000

Thanks. This live blog was more detailed than the WSJ live blog, with fewer snarky comments.

And sorry to be a nit-picky editor, but I think you meant "principal" rather than "principle" in answer to the cash question?

ex ped: Thanks for the catch. Will fix.

By: orac, Seattle, WA

orac, Seattle, WA — Wed, 22 Apr 2009 22:10:36 +0000

Regarding the new headquarters. A while back Apple bought some land in Cupertino and are building a new corporate campus. I believe they intend to consolidate all of their Cupertino-area activities in this new facility. Right now they're scattered among several leased buildings in the area.

By: Anonymous

Anonymous — Wed, 22 Apr 2009 21:52:11 +0000

you'd hope fortune writers know what BRIC is…

ex ped: We do now. Learn something new every day.

By: Orac, Seattle, WA

Orac, Seattle, WA — Wed, 22 Apr 2009 21:44:08 +0000

That's "BRIC". Brazil, Russia, India and China.

ex ped: Thanks.

By: Big D, Boston

Big D, Boston — Wed, 22 Apr 2009 21:13:45 +0000

They just continue to perform. Got to love it. Great Quarter!

By: Will, Philadelphia, PA

Will, Philadelphia, PA — Wed, 22 Apr 2009 21:07:09 +0000

Does anyone know why when I attempt to listen to the call, the Quicktime window appears with the correct title and time for the conference call, the dialog at the bottom says connecting… and then Disconnected. Why can't I listen?!

By: Dan Butterfield

Dan Butterfield — Wed, 22 Apr 2009 20:50:31 +0000

Props to Turley Muller who predicted 1.32 EPS and nailed the gross margins angle!