原文标题：Apple announces largest-ever $110 billion share buyback as iPhone sale
s drop 10%
原文连结：https://reurl.cc/Zeb3eV
发布时间：5/2/2024
记者署名：Kif Leswing
原文内容:
KEY POINTS
Apple's fiscal second-quarter earnings were slightly higher than Wall Street exp
ectations, but showed overall revenue down 4%, and iPhone sales falling 10%.
The iPhone maker announced that its board had authorized $110 billion in share r
epurchases, the largest in company history.
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comp
arison to the year-earlier period.
Apple shares climbed 7% in extended trading on Thursday after the iPhone maker r
eported fiscal second-quarter earnings that topped estimates and announced an ex
panded stock buyback program.
Apple announced that its board had authorized $110 billion in share repurchases,
a 22% increase over last year's $90 billion authorization. It's the largest buy
back in history, ahead of Apple's previous repurchases, according to data from B
irinyi Associates.
However, overall sales fell 4% and iPhone sales fell 10% year over year during t
he quarter, which Apple attributed to a tough comparison versus last year.
Here's how Apple did versus LSEG consensus estimates in the quarter ended March
30:
-EPS: $1.53 vs. $1.50 estimated
-Revenue: $90.75 billion vs. $90.01 billion estimated
-iPhone revenue: $45.96 billion vs. $46.00 billion estimated
-Mac revenue: $7.5 billion vs. $6.86 billion estimated
-iPad revenue: $5.6 billion vs. $5.91billion estimated
-Other Products revenue: $7.9 billion vs. $8.08 billion estimated
-Services revenue: $23.9 billion vs. $23.27 billion estimated
-Gross margin: 46.6% vs. 46.6% estimated
Apple did not provide formal guidance, but Apple CEO Tim Cook told CNBC's Steve
Kovach that overall sales would grow in the "low single digits" during the June
quarter.
Apple posted $81.8 billion in revenue during the year-ago June quarter and LSEG
analysts were looking for a forecast of $83.23 billion.
On an earnings call with analysts, Apple finance chief Luca Maestri said the com
pany expected the current quarter will deliver double-digit year-over-year perce
ntage growth in iPad sales. What's more, he said the Services division is foreca
st to continue growing at about the current high rate it's achieved during the p
ast two quarters.
Apple reported net income of $23.64 billion, or $1.53 per share, down 2% from $2
4.16 billion, or $1.52 per share, in the year-earlier period.
Cook told CNBC that sales in the fiscal second quarter suffered from a difficult
comparison to the year-earlier period, when the company realized $5 billion in
delayed iPhone 14 sales from Covid-based supply issues.
"If you remove that $5 billion from last year's results, we would have grown thi
s quarter on a year-over-year basis," Cook said. "And so that's how we look at i
t internally from how the company is performing."
revenue, which was significantly better than the $15.25 billion in sales expecte
d by FactSet analysts, potentially quelling investor worries the iPhone maker ma
y have been losing market share to local competitors such as Huawei.
"I feel good about China. I think more about long term than to the next week or
so," Cook said.
Cook told CNBC that iPhone sales grew in China during the quarter, which "may co
me as a surprise to some people."
In addition to the buyback authorization, Apple said it would pay a 25-cent divi
dend, a 1-cent increase.
Correction: Cook said that Apple has "big plans to announce" at its iPad product
event next week and at the Worldwide Developers Conference in June. An earlier
version misstated the context of the plans.
翻译：
苹果的第二财季盈利略高于华尔街预期，但整体收入下降4%，iPhone销量则下降了10%。苹
果宣布其董事会已授权进行1,100亿美元的股票回购，这是公司历史上最大的回购计划。苹
果CEO提姆· 库克告诉CNBC，季度销售受到与去年同期相比的困难因素的影响。
苹果在周四公布第二财季盈利超出预期后，其股票在盘后交易中上涨了7%，并宣布扩大了股
票回购计划。苹果宣布其董事会已授权进行1,100亿美元的股票回购，较去年的900亿美元授
权增加了22%。根据Birinyi Associates的数据，这是有史以来最大的回购，超过了苹果以
往的回购。
然而，整体销售额在本季度同比下降了4%，iPhone销量同比下降了10%，苹果将这归因于与
去年同期的艰难比较。
以下是截至3月30日的第二季度苹果与LSEG共识预测相比的表现：
-每股盈利：1.53美元 vs. 预估1.50美元
-营收：907.5亿美元 vs. 预估900.1亿美元
-iPhone收入：459.6亿美元 vs. 预估460.0亿美元
-Mac收入：750亿美元 vs. 预估686亿美元
-iPad收入：560亿美元 vs. 预估591亿美元
-其他产品收入：790亿美元 vs. 预估808亿美元
-服务收入：239亿美元 vs. 预估232.7亿美元
-毛利率：46.6% vs. 预估46.6%
苹果未提供正式指引，但苹果CEO提姆· 库克告诉CNBC的史蒂夫· 科瓦奇，整体销售额在6月
度将以“低位数字”的增长率增长。
苹果在去年6月季度实现了818亿美元的收入，LSEG分析师预计苹果将达到832.3亿美元的预
测。
在与分析师的盈利电话会议上，苹果财务主管卢卡· 马埃斯特里表示，公司预计当前季度iP
d销售将同比实现双位数增长。此外，他表示，服务部门预计将继续以过去两个季度的高增
长率增长。
苹果的净收入为236.4亿美元，每股1.53美元，较去年同期的241.6亿美元，每股1.52美元下
降了2%。
库克告诉CNBC，苹果的第二季度销售受到了与去年同期的困难比较的影响，当时公司由于基
于Covid的供应问题而实现了50亿美元的延迟iPhone 14销售。
“如果从去年的结果中扣除这500亿美元，我们在同比增长方面将实现增长，”库克说。“
这就是我们从公司内部表现的角度来看待它的方式。”
收入大幅超出FactSet分析师预期的152.5亿美元的销售额，可能会平息投资者对苹果可能正
在失去市场份额的担忧，例如华为等本地竞争对手。
“我对中国感到很满意。我更多地考虑长期，而不是下周或更短的时间，”库克说。
库克告诉CNBC，iPhone销售在本季度在中国增长，这“可能会令一些人感到意外”。
除了回购授权外，苹果还表示将支付25美分的股利，增加了1美分。
更正：库克表示，苹果将在下周的iPad产品活动和6月的全球开发者大会上“宣布重大计划
”。早期版本错误地说明了计划的内容。
心得/评论：
Apple销售下滑 直接开启回购都能喷成这样了
SMCI 和 AMD 财报也没多烂直接被送下去
这个礼拜真刺激