No cash balance or cash flow is included in the calculation. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. A comprehensive all-in-one Earnings tool for stocks in US market with Interactive Calendar, Historical Earnings Data & Charts, Advanced Quotes (pre & after. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. We think robust growth in non - iPhone revenue up 20 and 48 of sales. ![]() ![]() No representations and warranties are made as to the reasonableness of the assumptions. Revenue / Earnings Data Revenue ( Million USD ) 0 5 3 2019 2018 1Q 2Q 84,310. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Nonetheless, he stuck to his buy rating on the stock after Apple Q2 earnings and attributed the muted after-hours response to the fact that shares have already performed incredibly well since the start of the year which means much of the good news is already factored in.Įventually, he agreed, the Nasdaq-listed firm will need products like the AR/VR headset or an autonomous car to retain the strength of Apple stock.Disclaimer: The TipRanks Smart Score performance is based on backtested results. So, they need emerging market of India to grow so more consumers there can afford Apple products. On a relative basis, there are more consumers in China with high discretionary income today than India. Davidson analyst, though, the switch will likely take a long time. The multinational is committed to shifting production from China to India. Last month, Apple launched a high-yield savings account to expand its footprint in financial technology ( Gross margin improved 20 basis points in Q2 to 44.3% Inphi (IPHI) Earnings Date, Estimates & Call Transcripts Notice: This company has been marked as potentially delisted and may not be actively trading. Other products revenue was essentially flat at $8.76 billion IPad slipped roughly in line with estimates to $6.67 billion Revenue declined a bit under 3.0% to $94.8 billionĬonsensus was $1.43 a share on $92.9 billion revenue Per-share earnings (EPS) remained unchanged at $1.52 ![]() It also raised dividend to 24 cents a share – a 4.0% increase.Įarned $24.2 billion versus the year-ago $25 billion So, good results from Apple.Īlso on Thursday, Apple Inc authorised another $90 billion in stock buybacks and dividend payments. I also think they got an added boost from foreign exchange rates. Reopening in China had Apple well positioned from supply and demand standpoint. On the downside, Mac revenue tanked 31% on a year-over-year basis to $7.2 billion versus $7.8 billion expected.īut that was offset by the company’s services business that grew 5.5% to $20.9 billion – roughly in line with consensus. ![]() There could be additional momentum on the Chinese reopening trade. So, there’s opportunity for more sales to be shifted into June quarter. Good news is that sales shifted into March quarter instead of being lost entirely. IPhone brought in $51.3 billion worth of sales in Q2 – up 1.5% versus last year and beating Street estimates by a whopping $2.6 billion, as per theĬEO Tim Cook attributed that strength partially to the reopening of China. ) are up 2.0% in extended hours after the tech behemoth reported market-beating results for its second financial quarter.
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