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title
3 Key Takeaways from Apple’s Q3 Earnings Call - Cadence
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3 Key Takeaways from Apple’s Q3 Earnings CallNov 6, 2018Matt CongerThe last couple of weeks have been full of incredibly important quarterly earnings and conference calls to review. However, perhaps the most critical conference call was held by Apple Inc. (AAPL), and not simply because it is the largest publicly traded company. The conference call revealed that the company would be making some changes to the type of financial data they would distribute on a quarterly basis, most notably around the iPhone.Investors did not react well when learning the company would no longer provide iPhone units sold on a quarterly basis. Additionally, the company reported slightly weaker than expected fiscal first quarter 2019 revenue guidance. The result was a stock that fell nearly 7% on November 2nd.Here are my three most important takeaways from the call and subsequent Q&A.No More Unit SalesAnalysts seemed to be shocked when hearing the news that the company would no longer provide quarterly iP...
author
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2026-01-04 12:00:16
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