Mac OS Ken: 05.03.2017

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 3 May 2017

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

- A look at Apple's Q2FY2017 earnings - Power Mac OS Ken through Patreon at ! - Send me an email: or call (716)780-4080!

Transcript

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0:00.0	This is Mac OSKenn.
0:07.0	A look at Apple's second quarter earnings. It's Wednesday the 3rd of May 2017.
0:17.5	I'm Ken Ray and this is news from MacoS Ken.
0:21.9	Brought to you by yours truly and supported by people like you,
0:26.0	patrons through Patreon.
0:28.0	Find out more and at your support
0:30.0	at patreon.com slash Maco-Scan.
0:35.0	From an Apple press release dated the 2nd of May 2017.
0:40.0	Apple today announced financial results for its fiscal 2017 second quarter ended the first of
0:45.2	April 2017.
0:47.3	The company posted quarterly revenue of $52.9 billion in quarterly earnings per diluted share of $2.10.
0:55.0	These results compare to revenue of $50.6 billion dollars in earnings per diluted share of a dollar 90 in the year ago quarter.
1:04.0	Good news, right?
1:06.0	Shows growth, shows progress.
1:09.0	Shows what you know.
1:11.0	Under the heading Apple going lower, fiscal year second quarter revenue
1:15.2	misses, third quarter revenue view misses, 50.8 million iPhones misses consensus,
1:21.1	Barron's brought bad news, saying Apple's shares traded lower as it missed
1:25.8	consensus for its fiscal second quarter revenue on lower than expected iPhone sales and
1:30.8	missed with its outlook for this quarter.
1:34.0	Apple sold 50.76 million iPhones in the March quarter.
1:38.0	That was below the street's expectation of 52 million phones.
	...

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