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Mac OS Ken

Mac OS Ken: 02.02.2018

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 2 February 2018

⏱️ 16 minutes

🧾️ Download transcript

Summary

- A look at Apple's 1QFY2018 Earnings - Get 10% Off of Your Squarespace Order with Coupon Code macosken at Squarespace.com - Power Mac OS Ken through Patreon at Patreon.com/macosken! - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0

This is MacO-S Ken.

0:11.0

News of another record quarter. It's Friday the 2nd of February 2018. I'm Ken Ray and

0:19.9

this is news from Macco-S-K, brought to you by yours truly and supported by people like you,

0:27.0

patrons through Patreon.

0:29.4

Find out more and at your support at pat.com slash Maco-Scan.

0:37.6

No doubt you know Apple held its first quarter

0:40.4

fiscal year 2018 earnings call yesterday and now we shall recap it.

0:46.3

The call began in an odd way. Nancy Paxson, Apple's senior director, investor

0:52.1

relations and Treasury usually starts with a boilerplate

0:54.9

statement about the call being recorded, who's going to speak, and how Apple assumes no

0:59.7

responsibility to update forward-looking comments between now and the next earnings report.

1:05.6

She had an extra line on Thursday though.

1:08.0

Pointing out that the quarter for which Apple was reporting was only 13 weeks long.

1:15.0

weeks long.

1:17.0

Such a caveat could explain any weakness in numbers,

1:20.0

or it could make impressive performance seem even more impressive.

1:25.0

Mostly, it was the latter.

1:28.0

Then the press release covering earnings, Apple said the company posted quarterly revenue of $88.3 billion, an increase of 13% from the year

1:37.8

ago quarter and an all-time record, and quarterly earnings per diluted share of $3.89 up 16% also an all-time record.

1:50.3

On the call, Apple CFO Luca Estri, who said that Apple saw double-digit revenue growth in every geographic

1:56.7

segment they track. They also saw all-time quarterly records in almost every geographic segment, including US Western Europe, Japan, Canada, Australia, Korea,

2:08.0

mainland China, Latin America, the Middle East, Central and Eastern Europe, and India.

...

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