Numbers to consider ahead of Apple's first quarter FY 2016 earnings call
Apple’s first quarter conference call for fiscal year 2016 is scheduled to begin at 2 p.m. PST today, Jan. 26. Before the call begins, here are some numbers to crunch and think about:
$51.5 billion
During the fourth quarter of FY 2015, Apple posted $51.5 billion in revenue, with $11.1 billion in profit. That marked a sizeable increase from the $42.1 billion in revenue and $8.5 billion in profit during the same timeframe in fiscal year 2014.
48 million
That’s the number of iPhones Cupertino sold during the fourth quarter of FY 2015. We’re anxious to see the numbers for the first quarter of FY 2016, since that includes the holiday buying season as well as the majority of the launch period for the iPhone 6s and iPhone 6s Plus. According to data from Fortune, the consensus on iPhone sales lies between 74.47 and 78.74 million for the first quarter of fiscal 2016.
Once again, the iPhone led the earnings in the fourth quarter of FY 2015, making up a sizable portion of Cupertino’s revenue for that timeframe.
9.8 million That’s how many iPads Cupertino was able to sell in Q4, showing the slide in sales continuing. We keep wondering whether the iPad Pro, which arrived in November, will finally reverse that downward spiral.
$99.44 Apple’s stock prices have been on a bit of a roller coaster lately, under pressure by the idea that the day must inevitably come when Apple announces sales of fewer iPhones than compared with the prior year. That’s not supposed to happen today, but the stock prices have still been battered down from the all-time high of $134.54 set in February 2015. We’ll have to see how Wall Street reacts to Apple’s guidance for the second quarter of FY 2016 to get a better idea of where the stock is headed from here.
Wrapup
The earnings call will take place today at 2 p.m. PST. You can access it via audio webcast at this link. You’ll need to have an iPhone, iPad, or iPod touch with Safari on iOS 7 or later, a Mac with Safari 6.0.5 or later on OS X 10.8.5 or later, or a PC with Edge on Windows 10.