Mac OS Ken: 07.25.2012

Mac OS Ken

Ken Ray

Technology

4.7 • 995 Ratings

🗓️ 25 July 2012

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Apple Reports Third Quarter Fiscal Year 2012 Earnings, Beating Its Own Guidance While Missing Expectations Apple Makes Third Quarter Earnings Call Available as a Podcast Fortune Takes a Look at Apple’s Earnings Call Apple Releasing Mountain Lion to Consumers Today Via Mac App Store

Transcript

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0:00.0	This is Mac OSKIN.
0:09.0	Apple's third quarter breaks all sorts of records.
0:15.0	Wall Street manages to be disappointed and now serving Mountain Lion.
0:20.0	Mm-mm-mm-mm. It's Wednesday, July 25, 2012.
0:25.0	I'm Ken Ray and this is news from MacoS. Ken.
0:33.2	Brought to you by yours truly and supported by listeners like you
0:37.2	subscribers to MacoS Ken Day 6.
0:40.7	More information is available at MacoS-Can.com.
0:45.0	This show is also supported by the Mac-O-S-Can Podcast app for the iPhone, iPad, and iPod
0:50.8	touch available in the App Store now for $2.99.
0:56.9	At the end of the second quarter, Apple said for the third quarter it expected revenue of
1:00.8	about $34 billion and diluted earnings per share of about $8.68.
1:07.6	And how did Apple do?
1:09.1	According to its press release, Apple on Tuesday announced financial results for the third quarter that
1:13.7	included revenue of $35 billion dollars, $1 billion more than Apple's guidance, and
1:19.2	quarterly net profit of $8.8 billion or $9.32 per diluted share or 64 cents more than Apple's guidance.
1:29.2	Now on the planet that I'm from that would look like a win from all sides. But here on planet Earth, not so much.
1:36.2	The LA Times, Apple shares plunge after disappointing earnings report, The Wall Street Journal,
1:42.0	rare miss for Apple as iPhone sales cool.
1:45.0	And the San Jose Mercury News,
1:47.0	Apple's third-quarter earnings miss expectations,
1:50.0	Stock falls,
	...

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