Wednesday, May 18, 2016

Interesting points from 's Q3 rnings call

justannounced its rningsfor its June quarter, and despite all of the ‘doom’ talk and lowball analyst predictions, the s are actually pretty good. In fact, the company set a record for iPhone sales during the 3-month period.We’re just finishing up the conference call, where Tim Cook and his CFO Peter Oppenheimer talked about the quarter, offered some insight and fielded several questions. And as usual,we’ve rounded up the 15 most interesting points for you…31.2 million iPhone sales is a record for in the June quarter93% loyalty rate amongst iPhone ownersiPhone holds 62.5% share of US commercial market—commercial, industrial and gov.320 million iCloud accounts900 billion iMessages sent120 billion photos and 8 trillion push notifiions sentThere are now 900,000 apps in the App Store, 375,000 made for iPadCumulative unique app downloads passed the 50 billion markDevelopers have made $11 billion from the App Store since its debutiPad accounted for 85.3% share of tablet web usage in US and Canada1 billion episodes, 390 million downloaded from iTunes to dateOver $4 billion in revenue from iTunes, software and services ended quarter with 408 retail storesAverage revenue per store was $10.1 million for the quarter, average visitors: 16,000 per week CFO Peter Oppenheimer said would have a “very busy fall”Overall, it seems like had a solid Q3 thanks to huge growth in iPhone sales—which makes up over half its business. Admittedly, iPad and Mac sales are down, and margins aren’t where you want them, but APPL is up 4% in after hours.And the big takway here, for me at lst, is that this was an extremely quiet quarter for , product-wise. Sure, it relsed that16GB iPod touch. But there was no new iPad or iPhone,which it soundslike is saving for the fall.The next few months should be very exciting.

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