earningscall 0.0.6__tar.gz → 0.0.8__tar.gz

{earningscall-0.0.6 → earningscall-0.0.8}/DEVELOPMENT.md

@@ -23,3 +23,15 @@ def test_save_symbols_v1():
 def test_save_symbols_v1():
     requests.get("https://earningscall.biz/symbols-v2.txt")
 ```
+
+
+
+### Publishing a new Version to PyPI
+
+Assuming you want to publish version 0.0.7, first, make your changes, then run the commands:
+
+```sh
+git commit -a
+git tag v0.0.7
+git push --atomic origin master v0.0.7
+```

{earningscall-0.0.6 → earningscall-0.0.8}/PKG-INFO

@@ -1,6 +1,6 @@
 Metadata-Version: 2.3
 Name: earningscall
-Version: 0.0.6
+Version: 0.0.8
 Summary: The EarningsCall Python library.
 Project-URL: Homepage, https://earningscall.biz
 Project-URL: Documentation, https://github.com/EarningsCall/earningscall-python
@@ -70,7 +70,7 @@ company = get_company("aapl")  # Lookup Apple, Inc by its ticker symbol, "AAPL"
 print(f"Getting all transcripts for: {company}..")
 # Retrieve all earnings conference call events for a company, and iterate through each one
 for event in company.events():
-    transcript = company.get_transcript(event)  # Fetch the earnings call transcript for this event
+    transcript = company.get_transcript(event=event)  # Fetch the earnings call transcript for this event
     print(f"* Q{event.quarter} {event.year}")
     if transcript:
         print(f"  Transcript Text: \"{transcript.text[:100]}...\"")

{earningscall-0.0.6 → earningscall-0.0.8}/README.md

@@ -52,7 +52,7 @@ company = get_company("aapl")  # Lookup Apple, Inc by its ticker symbol, "AAPL"
 print(f"Getting all transcripts for: {company}..")
 # Retrieve all earnings conference call events for a company, and iterate through each one
 for event in company.events():
-    transcript = company.get_transcript(event)  # Fetch the earnings call transcript for this event
+    transcript = company.get_transcript(event=event)  # Fetch the earnings call transcript for this event
     print(f"* Q{event.quarter} {event.year}")
     if transcript:
         print(f"  Transcript Text: \"{transcript.text[:100]}...\"")

earningscall-0.0.8/TODO.md

@@ -0,0 +1,9 @@
+# A list of things left to do for this project
+
+* Cache symbols on disk, to avoid redundant network calls
+
+
+
+# Considerations
+
+* Consider implementing @dataclass and @dataclass_json from scratch to avoid third-party dependency

{earningscall-0.0.6 → earningscall-0.0.8}/earningscall/__init__.py

@@ -1,2 +1,6 @@
+from typing import Optional
+
 from earningscall.symbols import Symbols, load_symbols
 from earningscall.exports import get_company, get_all_companies
+
+api_key: Optional[str] = None

{earningscall-0.0.6 → earningscall-0.0.8}/earningscall/api.py

@@ -2,6 +2,7 @@ import logging
 import os
 from typing import Optional
 
+import earningscall
 import requests
 
 
@@ -9,12 +10,11 @@ log = logging.getLogger(__file__)
 
 DOMAIN = os.environ.get("ECALL_DOMAIN", "earningscall.biz")
 API_BASE = f"https://v2.api.{DOMAIN}"
-api_key: Optional[str] = None
 
 
 def get_api_key():
-    global api_key
-    if api_key is None:
+    api_key = earningscall.api_key
+    if not api_key:
         return os.environ.get("ECALL_API_KEY", "demo")
     return api_key
 

{earningscall-0.0.6 → earningscall-0.0.8}/earningscall/exports.py

@@ -18,5 +18,6 @@ def get_all_companies() -> [Company]:
 
 
 def get_sp500_companies() -> [Company]:
+    ## TODO: Actually only return SP500 companies.
     for company_info in get_symbols().get_all():
         yield Company(company_info=company_info)

earningscall-0.0.8/earningscall/transcript.py

@@ -0,0 +1,16 @@
+import logging
+from typing import Optional
+
+from dataclasses import dataclass, field
+from dataclasses_json import dataclass_json
+from earningscall.event import EarningsEvent
+
+log = logging.getLogger(__file__)
+
+
+@dataclass_json
+@dataclass
+class Transcript:
+
+    text: str
+    event: Optional[EarningsEvent] = field(default=None)

earningscall-0.0.8/earningscall/utils.py

@@ -0,0 +1,33 @@
+import logging
+import os
+import pathlib
+import sys
+
+import earningscall
+
+
+def project_file_path(base_dir, file_name):
+    result = os.path.join(pathlib.Path(earningscall.__file__).resolve().parent.parent, base_dir)
+    if file_name is None:
+        return result
+    return os.path.join(result, file_name)
+
+
+def data_path(file_name=None):
+    return project_file_path("tests/data", file_name)
+
+
+def enable_debug_logs():
+    logging.basicConfig(level=logging.DEBUG)
+
+
+LOG_FORMAT = "[%(asctime)s] [%(levelname)8s] --- %(message)s (%(filename)s:%(lineno)s)"
+
+
+def configure_sane_logging(level=logging.DEBUG):
+    # Manually set the following loggers to "INFO", since they tend to be VERY noisy, and when we are
+    # debugging our own application, we only care about DEBUG logs from OUR application, not these libs.
+    for name in ['urllib3']:
+        logging.getLogger(name).setLevel(logging.INFO)
+    logging.getLogger("filelock").setLevel(logging.WARNING)
+    logging.basicConfig(level=level, stream=sys.stdout, format=LOG_FORMAT)

{earningscall-0.0.6 → earningscall-0.0.8}/pyproject.toml

@@ -1,6 +1,6 @@
 [project]
 name = "earningscall"
-version = "0.0.6"
+version = "0.0.8"
 description = "The EarningsCall Python library."
 readme = "README.md"
 authors = [

earningscall-0.0.8/tests/data/demo-symbols-v2-alpha.yaml

@@ -0,0 +1,719 @@
+responses:
+- response:
+    auto_calculate_content_length: false
+    body: '{"event": {"year": 2022, "quarter": 1, "conference_date": "2022-01-19T00:00:00.000-08:00"},
+      "text": "Good day and welcome to the Apple Q1 Fiscal Year 2021 earnings conference
+      call. Today''s call is being recorded. At this time for opening remarks and
+      introductions, I would like to turn the call over to Tejas Ghatla, Director
+      of Investor Relations and Corporate Finance. Please go ahead. Thank you. Good
+      afternoon and thank you for joining us. Speaking first today is Apple CEO Tim
+      Cook, and he''ll be followed by CFO Luca Maestri. After that, we''ll open the
+      call to questions from analysts. Please note that some of the information you''ll
+      hear during our discussion today will consist of forward-looking statements
+      including, without limitation, those regarding revenue, gross margin, operating
+      expenses, other income and expense, taxes, capital allocation, and future business
+      outlook, including the potential impact of COVID-19 on the company''s business
+      and results of operations. These statements involve risks and uncertainties
+      that may cause actual results or trends to differ materially from our forecast.
+      For more information, please refer to the risk factors discussed in Apple''s
+      most recently filed annual report on Form 10K and the Form 8K filed with the
+      SEC today, along with the associated press release. Apple assumes no obligation
+      to update any forward-looking statements or information which speak as of their
+      respective dates. I''d now like to turn the call over to Tim for introductory
+      remarks. Thank you, Tejas. Good afternoon, everyone. Thanks for joining the
+      call today. It''s with great gratitude for the tireless and innovative work
+      of every Apple team member worldwide that I share If you''re using useless retail
+      trading charts like this, please quit trading immediately. Just stop unless
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+      I spent years trading for one of the biggest banks in the world, Barclays investment
+      bank, and we weren''t using junk like technical analysis and random lines on
+      our chart, like I see spoken about on this channel. So you can see why you have
+      no hope of making it in trading if that''s the type of stuff you''re looking
+      at. Easy solution. Stop sabotaging yourself with random retail lines on a chart
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+      at one of the biggest banks in the world ran rings around retail traders like
+      yourself simply because we had access to the right information and we knew retail
+      traders like yourself were wasting their time using the same stuff as kids on
+      social media and YouTube who don''t actually have a clue how this works in a
+      professional firm. firms that do this every day, making millions. Now you can
+      continue doing what you''re doing, but as I think you already know, there''s
+      much more to this business than a bunch of random lines on a candlestick chart.
+      And in just one video, I''m going to show you exactly what you should be doing.
+      And it''s just going to blow you away and completely turn your trading on its
+      head, not to mention your results. How can I say that so confidently? because
+      I''m the only 100% fully audited institutional trader on the internet and in
+      the free masterclass you''re about to watch you''ll even get access to all my
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+      link below. It''s a free video. So you have nothing to lose, but an incredible
+      amount to gain. And by the end of it, you will know exactly what professional
+      traders like myself are doing in the biggest trading institutions in the world.
+      And you''ll see it''s the complete opposite of anything being done on social
+      media or YouTube. Click the link below. I''ll personally see you on the other
+      side. the results of a very strong quarter for Apple. We achieved an all-time
+      revenue record of $111.4 billion. We saw strong double-digit growth across every
+      product category, and we achieved all-time revenue records in each of our geographic
+      segments. It is not far from any of our minds that this result caps off the
+      most challenging year any of us can remember. And it is an understatement to
+      say that the challenges it posed to Apple as a business paled in comparison
+      to the challenge it posed to Apple as a community of individuals, to employees,
+      to their families, and to the communities we live in and love to call home.
+      While these results show the central role that our products played in helping
+      our users respond to these challenges, we are doubly aware that the work ahead
+      of all of us to navigate the end of this pandemic, to restore normal life and
+      prosperity in our neighborhoods and local economies, and to build back with
+      a sense of justice is profound and urgent. We will speak to these needs and
+      Apple''s efforts throughout today''s call, but I want to first offer the context
+      of a detailed look at our results this quarter, including why we outperformed
+      our expectations. Let''s get started with hardware. We hit a new high water
+      mark for our installed base of active devices with growth accelerating as we
+      passed 1.65 billion devices worldwide during the December quarter. iPhone grew
+      by 17% year over year, driven by strong demand for the iPhone 12 family and
+      our active install base of iPhones is now over 1 billion. The customer response
+      to the new iPhone 12 models unprecedented innovation from world-class cameras
+      to the great and growing potential of 5G has been enthusiastic, even in light
+      of the ongoing COVID-19 impact at retail locations. iPad and Mac grew by 41
+      and 21 percent respectively, reflecting the continuing role these devices have
+      played in our users'' lives during the COVID-19 pandemic. During this quarter,
+      availability began for both our new iPad Air as well as the first generation
+      of Macs to feature our groundbreaking M1 chip. The demand for all of these products
+      has been very strong. We have also continued our efforts to bring the latest
+      iPads, enriching content, and professional support to educators, students, and
+      parents. Educational districts and governments worldwide are continuing major
+      deployments, including the largest iPad deployments ever to schools in Germany
+      and Japan. Wearables, home, and accessories grew by 30% year-over-year, driven
+      by significant holiday demand for the latest Apple Watch, our entire AirPods
+      lineup, including the new AirPods Max, as well as the new HomePod Mini. This
+      broad strength across the category led to new revenue records for each of its
+      three subgroups. And we''re very excited about the road ahead for these products.
+      So what makes this special? I mean, there are wind turbines out there. There
+      are vertical axis wind turbines out there. What is special about this one? So
+      we''ve got the ability, unlike anyone else out there right now, because of our
+      patented technology, to reduce our size in high winds. So it lets us reduce
+      our exposure to the wind and keep right on producing full power through storms
+      that you normally have to be shut, that other turbines have to be shut down
+      for, or it destroys them. Wow. Yeah. Well, what about the noise? Often when
+      you drive out into the country and there''s those big wind farms, when you...
+      What are you doing? Listening. There''s no noise. Even in 20, 25, 30 mile an
+      hour winds, every test we''ve done so far, no noise. Right. Wow. It''s because
+      our whole geometry, everything about our design is different than wind turbines
+      out there. And that''s all I''m going to say about it. We''re very different
+      in the way we capture wind. So this is sort of like You just started from scratch
+      and made this work of art. It''s very pretty to look at, and I''m not an artist,
+      but if you get artsy people around this, can you imagine what all they would
+      do with it, like painting all these things around it that look awesome? Nobody
+      that talks to us ever says, oh, that''s ugly, I wouldn''t want that. Everyone
+      says, that''s beautiful, or that''s so cool, that''s so awesome when they look
+      at it. And it is. It''s beautiful. It''s because we built Harmony from the ground
+      up. Nobody has small scale wind turbines because they''re terrible. Pretty much.
+      Pretty much from what we''ve seen, the only people that use small-scale wind
+      turbines on a regular basis are people in the boating community. But they''re
+      even calling us saying, this doesn''t work. This is not the right application.
+      They break. They''re noisy. These big propeller-type wind turbines that are
+      scaled down to something that they''re using on the boats just isn''t right
+      for that application. So this is exciting because this introduces something
+      completely new that meets all those needs. Yeah, I mean, shrinking down the
+      big boy technology that nobody wants near their home or their neighborhood anyway
+      because it''s ugly, it''s noisy, it''s dangerous. Why would they think that
+      shrinking that down and selling it to the public is going to be a good idea,
+      you know? It just, it''s not. Well, it''s what was available. You have to start
+      from the ground up and build something the right way. Beautiful, quiet, easy
+      to look at, and functions well. It starts in low wind. It functions in high
+      wind. I mean, we''ve got everything that people want, all the check boxes that
+      they want when they''re looking for a product. Guess what? We built that into
+      Harmony. Take care, guys. Harmony Turbines. We now have the power to change
+      the world. This winter, make the shortest days the fullest. Get 3.79% APR for
+      60 months on most 2023 Cadillac models. Look no further than the great potential
+      of Fitness Plus, which pairs with Apple Watch to deliver real-time on-screen
+      fitness data alongside world-class workouts by the world''s best trainers. There
+      are new sessions added each week and customers are loving the flexibility, challenge,
+      and fun of these classes, as well as how the pairing with Apple Watch pushes
+      you to achieve your fitness goals. The steep integration of hardware, software,
+      and services have always defined our approach here and it has delivered an all-time
+      quarterly services record of $15.8 billion. This was the first quarter of the
+      Apple One bundle, which brings together many of our great services into an easy
+      subscription. And with new content being added to these services every day,
+      we feel very optimistic about where we are headed. The App Store ecosystem has
+      been so important as individuals, families, and businesses worldwide evolve
+      and adapt to the COVID-19 pandemic. And we want to make sure that this unrivaled
+      engine of innovation and opportunity continues. This quarter, we also took a
+      significant new step to help smaller developers continue to experiment, innovate,
+      and scale the latest great app ideas. The App Store small business program reduces
+      the commission on the sale of digital goods and services to 15 percent for small
+      businesses earning less than one million dollars a year. The program launched
+      on January 1st, and we are already hearing from developers about how this change
+      represents a transformation in their potential to create and grow on the App
+      Store. Tomorrow is International Privacy Day, and we continue to set new standards
+      to protect users'' right to privacy, not just for our own products, but to be
+      the ripple in the pond that moves the whole industry forward. Most recently,
+      we''re in the process of deploying new requirements across the App Store ecosystem
+      that give users more knowledge about and new tools to control the ways that
+      apps gather and share their personal data. The winter holiday season is always
+      a busy time for us and our products. But this year was unique. We had a record
+      number of device activations during the last week of the quarter. And as COVID-19
+      kept us apart, we saw the highest volume of FaceTime calls ever this Christmas.
+      As always, we could not have made so many holidays special without our talented
+      and dedicated retail teams who helped us achieve a new all-time revenue record
+      for retail driven by very strong performance in our online store. Particularly
+      after the events of the last few weeks, we''re focused on how we can help a
+      moment of great national need. Because none of us should have any illusions
+      about the challenges we face as we begin a new chapter in the American story.
+      Hope for healing, for unity, and for progress begins with and depends on addressing
+      the things that continue to wound us. In our communities, we see how every burden
+      from COVID-19 to the resulting economic challenges, to the closure of in-person
+      learning for students falls heaviest on those who have always faced structural
+      barriers to opportunity and equality. This month, Apple announced major new
+      commitments through a $100 million racial equity and justice initiative. The
+      Propel Center launched with a $25 million commitment and with the support of
+      historically black colleges and universities across the country will help support
+      the next generation of leaders in fields ranging from machine learning to app
+      development to entrepreneurship and design. And our new Apple Developer Academy
+      in downtown Detroit will be the first of its kind in the United States. Detroit
+      has a vibrant culture of black entrepreneurship, including over 50,000 black
+      owned businesses. We want to accelerate the potential of the app economy here,
+      knowing there is no shortage of good ideas in such a creative, resilient and
+      dedicated community. Finally, We''re committing $35 million across two investments
+      in Harlem Capital and the Clear Vision Impact Fund that support, accelerate,
+      and grow minority-owned businesses in areas of great potential and need. In
+      December, we concluded an unmatched year of giving. Since the inception of the
+      Apple Giving Program in 2011, Apple employees have donated nearly $600 million
+      and volunteered more than 1.6 million hours to over 34,000 organizations of
+      every stride. If we do have a multi-million barrel a day Russian disruption
+      because of the sanctions or additional Russian supply disruption, the real question
+      will be, now that OPEC has pulled barrels back, will OPEC deploy those barrels
+      if there''s a shortfall come December? And also, because of these sanctions,
+      you''re actually going to need more Middle Eastern barrels to move to Europe
+      to backfill the Russian losses. Through our partnership with Product Red, we''ve
+      adapted our 14-year, $250 million effort to support HIV and AIDS work globally
+      to ensure that care continues even in the time of COVID. That includes delivering
+      millions of units of personal protective equipment to healthcare providers in
+      Zambia. And here in the United States, even with COVID''s effects, we are ahead
+      of schedule on our multi-year commitment to invest $350 billion throughout the
+      American economy. As proud as this makes us, we know there is much more to be
+      done. Looking forward, we continue to contend with the COVID-19 pandemic, but
+      we must also now work to imagine what we will inherit on the other side. When
+      a disease recedes, we cannot simply assume that healing follows. Even now, we
+      see the deep scars that this period has left on our communities. Trust has been
+      compromised, opportunities have been lost, entire portions of our lives that
+      we took for granted, schools for our children, meetings with our colleagues,
+      small businesses that have endured for generations, have simply disappeared.
+      It will take a society-wide effort across the public and private sectors as
+      individuals and communities, every one of us, to ensure that what''s ahead of
+      us is not simply the end of a disease, but the beginning of something durable
+      and hopeful for those who gave, suffered, and endured during this time. At Apple,
+      we have every intention to be partners in this effort, and we look forward to
+      working in communities around the world to make it possible. And as this chapter
+      of uncertainty continues, so will our tireless work to help our customers stay
+      safe, connected, and well. With that, I''ll hand things over to Luca. Thank
+      you, Tim. Good afternoon, everyone. We started our fiscal 2021 with exceptional
+      business and financial performance during the December quarter. As we said,
+      all-time records for revenue, operating income, net income, earnings per share,
+      and operating cash flow. We are thrilled with the way our teams continue to
+      innovate and execute throughout this period of elevated uncertainty. Our revenue
+      reached an all-time record of $111.4 billion, an increase of nearly $20 billion,
+      or 21% from a year ago. We grew strong double digits in each of our product
+      categories with all-time records for iPhone, wearables home and accessories
+      and services, as well as a December quarter record for Mac. We also achieved
+      double digit growth and new all-time records in each of our five geographic
+      segments and in the vast majority of countries that we track. Products revenue
+      was an all-time record of 95.7 billion, up 21% over a year ago. As a consequence
+      of this level of sales performance and the unmatched loyalty of our customers,
+      our installed base of active devices passed 1.65 billion during the December
+      quarter and reached an all-time record in each of our major product categories.
+      Our services set an all-time record of $15.8 billion, growing 24% year over
+      year. We established new all-time records in most service categories and December
+      quarter records in each geographic segment. I''ll cover our services business
+      in more detail later. Company gross margin was 39.8%, up 160 basis points sequentially,
+      thanks to leverage from higher sales and a strong mix. Products gross margin
+      was 35.1%, growing 530 basis points sequentially, driven by leverage and mix.
+      Services gross margin was 68.4%, up 150 basis points sequentially, mainly due
+      to a different mix. Net income, diluted earnings per share, and operating cash
+      flow were all-time records. Net income was 28.8 billion, up 6.5 billion or 29%
+      over last year. Diluted earnings per share were $1.68, up 35% over last year.
+      And operating cash flow was 38.8 billion, an improvement of 8.2 billion. Let
+      me get into more detail for each of our revenue categories. iPhone revenue was
+      a record 65.6 billion, growing 17% year over year, as demand for the iPhone
+      12 family was very strong despite COVID-19 and social distancing measures, which
+      have impacted store operations in a significant manner. Our active install base
+      of iPhones reached a new all-time high and has now surpassed one billion devices,
+      thanks to the exceptional loyalty of our customer base and strength of our ecosystem.
+      In fact, in the U.S., the latest survey of consumers from 451 Research indicates
+      iPhone customer satisfaction of 98% for the iPhone 12 family. Turning to services,
+      as I said, we reached an all-time revenue record of $15.8 billion and set all-time
+      records in App Store, cloud services, music, advertising, Apple Care, and payment
+      services. Our new service offerings, Apple TV+, Apple Arcade, Apple News+, Apple
+      Card, Apple Fitness+, as well as the Apple One bundle, are also contributing
+      to overall services growth and continue to add users, content, and features.
+      The key drivers for our services growth all continue to move in the right direction.
+      First, our install-based growth has accelerated and is an all-time high across
+      each major product category. Second, the number of both transacting and paid
+      accounts on our digital content stores reach a new all-time high during the
+      December quarter with paid accounts increasing double digits in each of our
+      geographic segments. What should the future deliver? Progress? Innovation? Discovery?
+      Or simply, stability? Security? Protection? You shouldn''t have to choose. Gold.
+      Your strategic advantage. Visit GoldHub.com Paid subscriptions continue to grow
+      nicely, and we exceeded our target of 600 million paid subscriptions before
+      the end of calendar 2020. During the December quarter, we added more than 35
+      million sequentially, and we now have more than 620 million paid subscriptions
+      across the services on our platform, up 140 million from just a year ago. Finally,
+      we continue to improve the breadth and quality of our current services offerings
+      and are adding new services that we think our customers will love. For example,
+      Apple Music recently released its biggest product update ever, with features
+      like Listen Now, All New Search, Personal Radio Stations, and AutoPlay. Ninety
+      percent of Apple Music users on iOS 14 have already used these new features.
+      In payment services, we continue to expand our coverage, with nearly 90 percent
+      of stores in the United States now accepting Apple Pay. so that customers can
+      easily have a touchless payments experience. Wearables, home, and accessories
+      grew 30% year over year to $13 billion, setting new all-time revenue records
+      in every geographic segment. As a result of this strong performance, our wearables
+      business is now the size of a Fortune 120 company. Importantly, Apple Watch
+      continues to extend its reach with nearly 75% of the customers purchasing Apple
+      Watch during the quarter being new to the product. We''re very excited about
+      the future of this category and believe that our integration of hardware, software,
+      and services uniquely positions us to provide great customer experience in this
+      category. Next, I''d like to talk about Mac. We set a December quarter record
+      for revenue at 8.7 billion, up 21% over last year. We grew strong double digits
+      in each geographic segment and set all-time revenue records in Europe and rest
+      of Asia-Pacific, as well as December quarter records in the Americas, greater
+      China, and in Japan. This performance was driven by strong demand for the new
+      MacBook Air, MacBook Pro, and Mac Mini, all powered by our brand new M1 chip.
+      iPad performance was also very impressive with revenue of 8.4 billion, up 41%.
+      We grew very strong double digits in every geographic segment, including an
+      all-time record in Japan. During the quarter, the all-new iPad Air became available
+      and customer response has been terrific. Both Mac and iPad are incredibly relevant
+      products for our customers in the current working and learning environments.
+      And we are delighted that the most recent surveys of consumers From 451 research,
+      measured customer satisfaction of 93% for Mac and 94% for iPad. With this level
+      of customer satisfaction and with around half of the customers purchasing Mac
+      and iPad during the quarter being new to that product, the active install base
+      for both products continues to grow nicely and reach new all-time highs. In
+      the enterprise market, we are seeing many businesses shifting their technology
+      investment in response to COVID. One example is how businesses are handling
+      the hundreds of millions of office desk phones while more employees are working
+      remotely. Last quarter, Mitsubishi UFG Bank, one of the largest banks in the
+      world, announced that it will be replacing 75% of its fixed phones with iPhones.
+      By doing so, it expects to realize significant cost savings while providing
+      a secure mobile platform to employees. We''re also pleased with the rapid adoption
+      of the Mac employee choice program among the world''s leading businesses who
+      are seeing improved productivity, increased employee satisfaction and talent
+      retention. With the introduction of M1 powered Macs, we''re excited to extend
+      these experiences to an even broader range of customers and employees, especially
+      in times of increased remote working. Let me now turn to our cash position.
+      We ended the quarter with almost 196 billion in cash plus marketable securities
+      and retired 1 billion of maturing debt, leaving us with total debt of 112 billion.
+      As a result, net cash was 84 billion at the end of the quarter. We returned
+      over 30 billion to shareholders during the December quarter, including 3.6 billion
+      in dividends and equivalents and 24 billion. through open market repurchases
+      of 200 million Apple shares as we continue on our path to reaching a net cash
+      neutral position over time. As we move ahead into the March quarter, I''d like
+      to provide some color on what we are seeing, which includes the types of forward-looking
+      information that Tejas referred to at the beginning of the call. Given the continued
+      uncertainty around the world in the near term, we will not be guiding to a specific
+      revenue range. However, we are providing some directional insights, assuming
+      the COVID-related impacts of our business do not worsen from our current assumptions
+      for the quarter. Dad, I gotta get in there. Okay, thank you. Sorry. Yeah, no
+      problem, thank you. It''s all right now. For total company revenue we believe
+      growth will accelerate on a year-over-year basis and in aggregate follow typical
+      seasonality on a sequential basis. At the product category level, keep in mind
+      two items. First, during the March quarter last year, we saw elevated activity
+      in our digital services as lockdowns occurred around the world. So our services
+      business faces a tougher year-over-year comparison. Second, we believe the year-over-year
+      growth in the wearables, home, and accessories category will decelerate compared
+      to Q1. As you know, we were chasing demand on AirPods last year as we expand
+      the channel inventory from Q1 to Q2. This year, we plan to decrease AirPods
+      channel inventory as is typical after the holiday quarter. We expect gross margin
+      to be similar to the December quarter. We expect OPEX to be between 10.7 and
+      10.9 billion, We expect INE to be around 50 million and our tax rate to be around
+      17%. Finally, today our board of directors has declared a cash dividend of 20.5
+      cents per share of common stock payable on February 11, 2021 to shareholders
+      of record as of February 8, 2021. With that, let''s open the call to questions.
+      Thank you, Luca. We ask that you limit yourself to two questions. Operator,
+      may we have the first question, please? Certainly. We''ll go ahead and take
+      our first question from Katie Huberty with Morgan Family. Please go ahead. Thank
+      you. Congratulations on a really strong quarter. First question for Luca. The
+      gross margin was particularly strong versus your outlook. Can you talk about
+      whether you recognize the full impact of the weaker dollar In the December quarter,
+      given your typical currency hedges, and then how are you thinking about the
+      headwinds and tailwinds on gross margins as you go into the March quarter? Then
+      I have a follow-up for Tim. Yes, Katie. So yes, the gross margin was strong,
+      was better than we had anticipated at the beginning of the quarter. The reason
+      for that was obviously we had very strong leverage from higher sales and the
+      mix was strong, both the mix within products and the mix of services. And that
+      was only partially offset by cost. As you know, we launched many new products
+      during the fall, and that always comes with new cost structures. So in total,
+      it was very good. From the FX standpoint, really at the gross margin level,
+      FX didn''t play a role, neither sequentially nor on a year-over-year basis for
+      the December quarter. partially because of the hedges that you talked about,
+      but also because some currencies are still weaker against the dollar. They''re
+      still weaker than a year ago. Look specifically to emerging markets in Latin
+      America and Russia and Turkey and so on. Clearly, if the dollar remains weak
+      or continues to weaken, that can become a tailwind for us as we get into into
+      the March quarter. At current rates, we expect some level of benefit around
+      60 to 70 basis points for the March quarter. That''s great. Thank you. And Tim,
+      one of the challenges with valuing Apple is just the limited visibility that
+      investors have into the roadmap and any new categories that you might enter
+      over time. Without, of course, commenting on any given opportunity, can you
+      talk about the framework that you use internally to evaluate new markets that
+      might be attractive and what you believe will determine your success as you
+      look to enter new markets? Thanks, Katie, for the question. And thanks for not
+      asking me any specifics. The framework that we use is very much around we ask
+      ourselves if this is a product that we would want to use ourselves or a service
+      that we would want to use ourselves. And that''s a pretty high bar. And we ask
+      ourselves if it''s a big enough market to be in unless it''s an adjacency product
+      of which we''re looking at it very much from a customer experience point of
+      view. And so there''s no Set way that we''re looking at it, you know, that no
+      formula kind of thing, but we''re taking into account all of those things and
+      the kind of things that we love to work on. are those where there''s a requirement
+      for hardware, software, and services to come together because we believe that
+      the magic really occurs at that intersection. And so hopefully that gives you
+      a little bit of insight into how we look at it. And I think we have some really
+      good opportunities out there. And I think if you look at our current portfolio
+      of products, You know, we still have relatively low share in a number of cases
+      in very big markets. And so, we feel like we have really good upside there,
+      and we feel like we have really good upside in the services area, too, that
+      we''ve been working on for quite some time with, you know, four or five new
+      services just coming online in the last year, year plus. And so... Yeah, thank
+      you. That''s very helpful. Thank you. Thanks, Katie. Can we have the next question,
+      please? We''ll hear next from Juan Simo Han with Bank of America. Please go
+      ahead. Yes, thank you. Luca, the iPhone growth exceeded your expectations despite
+      a late launch. Can you maybe share some color on what drove that? Was it more
+      on the unit side or the ASB side you referred to, to very strong mix? a couple
+      of times on the call. And how does this change your view on the March quarter?
+      And if you could share any color, if you''re still supply constrained, then
+      I will follow up with him. Yeah, yes, certainly iPhone was one of the major
+      factors why we exceeded our own internal expectations at the beginning of the
+      quarter. We have a fantastic product lineup and we know that and it''s been
+      fantastic to see the customer response for the four new models, particularly
+      the pro models, the pro and the pro max. So we''ve done very, very well both
+      on units and on pricing. because of the strong mix. And we''ve had some level
+      of supply constraints as we went through the quarter, particularly on the Pro
+      and the Pro Max. As you said correctly, we launched these products in the middle
+      of the quarter, two models after four weeks, the other two models after seven
+      weeks. And so obviously we had a very steep ramp, which fortunately went very,
+      very well. The products are doing very well all around the world. I think you''ve
+      seen that our performance has been particularly strong in China, where we''ve
+      seen phenomenal customer response. Probably there was also some level of pent-up
+      demand for 5G iPhones, given that the market is moving very quickly to 5G. And
+      so as we look ahead into the March quarter, we''re very optimistic. We believe
+      we''re going to be able to be in supply demand balance for all the models at
+      some point during the quarter. And it''s, you know, the product is doing very
+      well all around the world. Great, thank you, Luca. And Tim, you mentioned about
+      the strength of the install-based performance, which continues to grow very
+      impressively at this scale. Can you maybe help us think through how the switcher
+      versus upgrade activity has been tracking in recent quarters? Would love to
+      get your thoughts on that. Thank you. Yeah, thanks for the question. If you
+      look at this past quarter, which, you know, has, we started selling two of the
+      iPhones four weeks into the quarter and the other two seven weeks into the quarter.
+      So I would caution that this is an early going. But in looking at the iPhone
+      12 family, we saw both switchers and upgraders increase on a year-over-year
+      basis. And in fact, we saw the largest number of upgraders that we''ve ever
+      seen in a quarter. And so we were very thrilled about that. What should the
+      future deliver? Progress, innovation, or stability, protection? You shouldn''t
+      have to choose. Gold, your strategic advantage. Visit GoldHub.com. Thanks, Wamsi.
+      Thank you very much. Can we have the next question, please? Yes, we''ll go ahead
+      and take our next question from Shannon Cross with Cross Research. Thank you
+      very much. Tim, can you talk a bit about what you''re seeing in China, clearly
+      significant sequential growth, which I think has a lot to do with iPhone. But
+      I''m curious both from an iPhone as well as your other product categories, what
+      you''re seeing and how much back to normal you think the Chinese market is.
+      And then I have a follow up. Thank you. Yeah, China was more than an iPhone
+      story. iPhone did do very well there and sort of like the world. If you look
+      at both switches and upgraders, we were up. year over year, and China also had
+      a record number of upgraders during the quarter, the most we''ve ever seen in
+      a quarter. I think probably some portion of this was that people probably delayed
+      purchasing in the previous quarter as rumors started appearing about an iPhone
+      Keep in mind that 5G in China is the network is well established. And the overwhelming
+      majority of phones being sold are 5G phones. And so I think there was some level
+      of anticipation for us delivering an iPhone with 5G. And so iPhone did extremely
+      well. However, the other products did as well. I mean, we could not have turned
+      in a performance like we did with only iPhone. iPad did extremely well, far
+      beyond the company average. Mac was above the company average. Wearables, home
+      accessories was above the company average. And so if you really look at it,
+      we did really well across the board there. In terms of COVID, I think there,
+      at least for last quarter, they were sort of beyond COVID and very much in the
+      recovery stage. This quarter, there are different reports about some cases in
+      some places and lockdowns occurring, but we have not seen that in our businesses
+      yet. Of course, those cases are much smaller than the ones in other countries.
+      Right. I guess the other thing I was curious about, with regard to the services
+      business, you know, if we could dig a little bit more, I think this is one of
+      the first times when, Luca, you talked about Apple TV Plus, Arcade, Apple Pay,
+      some of the smaller services actually kind of moving the needle. And then I
+      was also curious, you had a number of stores closed At least later in the quarter,
+      and that typically has impacted some of your Apple care revenue and yet you
+      outperform. So, maybe if you could talk about a bit more about the drivers of
+      the services revenue. Thank you. Yeah, I mean, it really has been strong across
+      the board. There are 2 businesses during that. have been impacted negatively.
+      And then we talked about it in the past. So one is Apple care. Obviously, when
+      the stores are closed, it''s tougher, of course, for customers to have the interaction
+      with us and advertising, which is, you know, it''s in line with the overall
+      level of economic activity. What happened during the December quarter is that
+      in-store traffic improved and so AppleCare, we grew. We didn''t grow as much
+      as company average, but we grew in AppleCare. set an all-time record there,
+      in spite of the fact that, yes, we are running, particularly in December, we
+      started closing a few stores, particularly here in the United States, but also
+      in Western Europe. But in total, we were able to support more customers than
+      in past quarters. And we also saw a sequential acceleration in advertising,
+      and so that also helped. the overall growth rate. Clearly, the strength was
+      in digital services, in the app store, in cloud services, in music. Those were
+      the services that really delivered very, very strong performance. And it''s
+      something that we''ve seen happen during the COVID environment. Great. Thank
+      you. Thanks, Shannon. Can we have the next question, please? We''ll hear from
+      Tony Secondaggi with Bernstein. Yes, thank you. I also have one for Luca and
+      one for Tim. Luca, I was wondering if we could just probe a little bit more
+      into iPhone. Maybe you can just, you talked about a drawdown in channel inventory
+      last quarter. Our iPhone channel inventory is sort of at normal levels now exiting
+      Q1. And should we be thinking about above seasonal iPhone growth, given that
+      you''re still not in supply demand balance and you had fewer selling days in
+      fiscal Q1? Should we be thinking about sort of above seasonal iPhone growth
+      looking into Q2? Sales teams have it tough. The pressure to hit their numbers
+      keeps rising. The last thing they need to worry about is getting bogged down
+      with busy work. Pandadoc is here to make things easy. Create eye-catching documents,
+      approve and share them in minutes, get real-time reporting, all while you simply
+      connect our software with the tools you love. Workflows are streamlined, contracts
+      are signed, everyone''s good. Automate proposals and speed up your deals with
+      Pandadoc. So on the on the December performance as you know Tony this was a
+      very different cycle because we launched at a different time than usual and
+      so we had an initial part of the quarter where obviously we didn''t have the
+      new phones and then as we launched the new phones, we also did the channel field
+      that typically happens to a certain extent in the September quarter. At the
+      end of the quarter, the demand has been very strong, and so we''ve been constrained,
+      as I said, especially in the Pro models. At the end of December, we exited with
+      a level of iPhone channel inventory, which was slightly below a year ago. So
+      we, you know, and we still had some level of supply constraints, which we believe
+      we''re going to be able to solve during the March quarter. In terms of the sequential
+      change, we talked about You know, during the prepare remarks, we talked about
+      total company average and we said that we expect that sequential progression
+      to be similar to the typical seasonality that you''ve seen in past years. Certainly
+      last year is not typical because of COVID, but if you go back. you know, fiscal
+      17, 18, 19, you know, that''s our typical seasonal progression. And we mentioned
+      a couple of product categories, services, and wearables where we''re going to
+      be having a slightly more difficult compare. And so I think you can draw your
+      conclusions around iPhone. Okay. Thank you for that. And then, Tim, I was wondering
+      if you could just comment more broadly around growth for Apple and sources of
+      growth. The company this year is going to be well over $300 billion in revenue.
+      Historically, you''ve eschewed acquisitions. And I''m wondering if you could
+      comment whether you still feel confident that Apple has Apple organic growth
+      opportunities and that you don''t believe acquisitions are an important source
+      of growth. And then I think perhaps most importantly, as you look out, let''s
+      say, over the next five years, what do you think is a realistic revenue growth
+      rate for Apple going forward? Thank you. Yeah, Tony, as you know, we give some
+      color on the current quarter, but not beyond that in terms of growth rates.
+      So I''ll punt that part of your question. But if you back up and look at the
+      sort of the ingredients that we have at this point, we have the strongest hardware
+      portfolio that we''ve ever had. And we have a great product pipeline for the
+      future, both in products and in services. We have an install base that has hit
+      new highs that we just talked about earlier in our opening comments. And we''re
+      still attracting a fair number of switchers. And of course, upgraders. We just
+      set an all time services record. And we have that install base to compound that,
+      and particularly with the added services that we''ve had over the last year
+      or so, that as they grow and mature will contribute even more to the services
+      revenue stream. And on the wearable side, we''ve brought this thing from zero
+      to a Fortune 120 company. which was no small feat, but I still think that we''re
+      in the early stages of those products. If you look at our share in some of the
+      other products, whether you look at iPhone or Mac or iPad, you find that the
+      share numbers leave a fair amount of headroom. for market share expansion. And
+      this is particularly the case in some of the emerging markets where we''re proud
+      of how we''ve done. But there''s a lot more headroom in those markets. Like,
+      if you take India as an example, we doubled our business last quarter compared
+      to the year ago quarter. But our absolute level of business there is still quite
+      low relative to the size of the opportunity. And you can kind of take that and
+      go around the world and find other markets that are like that as well. And,
+      of course, the other thing from a market point of view is we''ve been on a multiyear
+      effort in the enterprise and have gained quite a bit of traction there. You''ve
+      heard some of the things in Lucas'' comments today, and we comment some on it
+      each quarter. you know, very optimistic about what we can do in that space.
+      And then, of course, we''ve got new things that we''re not going to talk about
+      that we think will contribute to the company as well, just like other new things
+      have contributed nicely to the company in the past. So we see lots of opportunity.
+      Thank you for the question. Thank you. Thank you. Can we have the next question,
+      please? Yes, we''ll hear from Amit Daryanani with Evercore ISI. Please go ahead.
+      Perfect. Thank you. I have two questions as well. Starting with you, Luca, I
+      just wanted to go back to the gross margin discussion. We really haven''t seen
+      gross margins at this level, high 39, I think since 2016. Could you maybe step
+      back and talk about what has enabled the shift higher? What are the key drivers
+      to get you there? And, you know, it''s commodity tailwinds or insourcing of
+      some components really a big part of this. So just love to understand the durability
+      of the gross margin at these levels and what are the big drivers that got us
+      here? Of course when you know when you grow the way we''ve grown this you know
+      this quarter 21 percent and it''s obviously we have a certain level of fixed
+      cost in our product structures right and so you know high level of sales helps
+      margin expansion without a doubt and so that has been probably the biggest factor
+      to be honest and then As I was saying earlier, we''ve had across the board in
+      services, in every product category, we''ve had a very strong mix of products.
+      We were talking about the iPhone, the Pro and the Pro Max, and that''s been
+      pretty much the case in every product category. So the mix has also been very
+      good. The commodity environment is fairly benign. And the one thing that has
+      not affected us this time around is the effects that it''s true, it has not
+      been a tailwind yet for the reasons that I was explaining to Katie, but at the
+      same time, it has not been a negative. And the reality is that effects for us
+      has been a negative over the last five or six years, almost every quarter. And
+      so that has changed and that obviously makes a difference. Don''t let this be
+      you during the holidays. Search it offers the most up-to-date CPE catalog with
+      more than 10,000 CPE credits across hundreds of topics. So get it done. Find
+      the courses you need to stay ahead. Got it. And then, Tim, when I look at the
+      growth rates on Mac and iPads, they''ve been in the 20 to 40% range for the
+      last three quarters. And I suspect some of this is just folks contending with
+      the pandemic. But I''d love to understand, when you look at these growth rates,
+      how much of this do you think is replacement cycle-driven folks upgrading what
+      they have at home versus new customers and new folks that are coming into the
+      Apple ecosystem? And do you see, I guess, what sort of growth rates do you think
+      is more durable or predictable as we go forward over here? If you look at the
+      switcher or the switcher, if you look at the new to Mac and new to iPad, these
+      numbers are still about, at a worldwide level, about half of the purchases are
+      coming from people that are new. And so the install base is still expanding
+      with new customers in it. And so that''s true on both iPad and Mac. If you look
+      at Mac, the M1, I think, gives us, a new growth trajectory that we haven''t
+      had in the past. Certainly, if Q1 is a good proxy, there''s lots of excitement
+      about M1-based MACs. As you know, we''re partly through the transition. We''ve
+      got more A lot more to do there. We''re, you know, early days of a two-year
+      transition. But we''re excited about what we see so far. The iPad, as we went
+      out with the iPad Air, and we now have the best iPad lineup we''ve ever had.
+      And it''s clear that some people are using these as laptop replacements. Others
+      are using them as complementary to their desktop. the level of growth there
+      has been phenomenal. You look at it at 41 percent. And, yes, part of it is work
+      from home, and part of it is just learning. But I think I wouldn''t underestimate
+      how much of it is the product itself in both the case of iPad and Mac. And,
+      of course, our share in the Mac is quite low. In the for the total personal
+      computer market, and so there''s lots of lots of headroom there. Perfect. Thank
+      you and congrats on the great quarter. Thank you. Thanks on it. Can we have
+      the next question, please? Go ahead and take our next question from Chatterjee
+      with JP Morgan. Hi, thanks for taking my question and congrats on the record,
+      Korto, from my side as well. I guess I wanted to start off with iPhone sales.
+      I think in general impression we have is China and North America have more robust
+      5G infrastructure. I just wanted to see kind of what you''re seeing in terms
+      of customer engagement or velocity of sales for iPhone in Europe where I think
+      the general impression is that service providers haven''t rolled out robust
+      5G. So this is that something that''s impacting customer interest in the latest
+      lineup in the region. And I have a follow-up. Thank you. If you look at the
+      5G rollout in Europe, it''s true that Europe is not in the place of certainly
+      nowhere close to where China is and nowhere close to the US either. But there
+      are other regions that 5G is that has very good coverage, like Korea as an example.
+      And so the world I would describe it right now is more of a patchwork quilt.
+      There are places that there''s really excellent coverage. There are places where
+      within a country that is very good, but not from a nationwide point of view.
+      And then there are places that really hasn''t gotten started yet. Latin America
+      is more closer to the last one. There''s lots of opportunity ahead of us there.
+      And I think Europe is where there are 5G implementations there. I think most
+      of that growth is probably in front of us there as well. Got it. As a follow-up,
+      if I can just ask you, I think you mentioned the momentum you''re seeing for
+      the Apple One bundle. which I think has been a couple of months now since you
+      launched it. Any metrics to share in terms of what you''re seeing for conversion
+      rate of customers or even insights into which services are turning in that bundle
+      are turning out to be the anchor services that''s driving adoption of that bundle?
+      It''s really too early to answer some of those questions. As you know, we just
+      got started into the quarter. In Q1, so we have less than a quarter on this
+      right now. What we wanted to accomplish with it, we''re clearly accomplishing,
+      which is making our services very easy to subscribe to. Our customers clearly
+      told us that they wanted to subscribe to several services, or in some cases,
+      all of our services. And so, we''ve made that very simple, and it''s clear from
+      the early going that it''s working. But we''ve just gotten started on it. Thanks,
+      Amit. Can we have the next question, please? We''ll hear from Krish Shankar
+      with Howin. Hi. Thanks for taking my question, and congratulations on the very
+      strong results. My first question is for Tim. Tim, I want to talk a little bit
+      about your search and advertising business. How do you think of the long-term
+      growth opportunities in advertising? How do you think it, how long can it grow
+      at two to three times the app store growth rate? And also, are there any applications
+      where your fundamental search technology, they are infused to be adapted for
+      other parts of the services business? That''s the first question, and then I
+      have a quick follow-up from Luca after that. The search advertising business
+      is going well. It''s a, you know, there''s lots of intent from search, and we
+      do it in a very, private kind of manner, observing great privacy policies and
+      so forth. And I think people see that and are willing to try it out. And we
+      have been growing nicely in that area. It''s a part of the advertising area
+      that Luca spoke of earlier. Got it. Got it. Thanks, Tim. I''m going to follow
+      up for Luca. When you look at your services segment in the March quarter in
+      China, you typically see a bump due to gaming downloads in Chinese New Year.
+      So should we see a similar trend this time around? Do you think with the pandemic
+      and people staying at home, that kind of seasonal bump might not happen in China
+      for gaming downloads? Yeah, I mean, and I think I was mentioning it during the
+      prepared remarks. Clearly in China the March quarter is typically the strongest
+      quarter for our for our services business and for the app store because of Chinese
+      New Year as you mentioned and last year what What we saw was an increased level
+      of activity because after Chinese New Year, the whole country went into lockdown
+      for several weeks. And so that propensity for playing games continued for several
+      weeks, more than a typical cycle. So we expect to have a great quarter in China,
+      but At the same time, you need to keep in mind that the compare is going to
+      be particularly challenging because of what happened a year ago. Thanks, Luca.
+      Thank you. Can we have the next question, please? We''ll go ahead and take our
+      next question from Chris Casso with Raymond James. Please go ahead. Yes, thank
+      you. First question is on iPhone ASPs, and I know you don''t disclose them,
+      the numbers there, but I wish, I wonder if you could speak about it qualitatively.
+      You spoke about the richer mix, but there were also some price differences as
+      compared to a year ago. iPhone 12 came in at a higher price point. The Pro established
+      a new price point. Can you speak to how that, you know, the level of benefit
+      that you saw there? and going forward, are you confident that you can continue
+      to improve the mix in iPhone going forward? So as I said earlier, we grew iPhone
+      revenue 17% and that growth came from both unit sales and ASPs because of the
+      strong mix that I mentioned before. So I think that answers your question for
+      the December quarter. What we''ve seen so far, it''s very early because we launched
+      the new products only a few weeks ago. What we''ve seen so far is a very high
+      level of interest for the Pro models, the Pro and the Pro Max. We worked very
+      hard to ramp up our supply. some supply constraints during the December quarter.
+      We think we''re gonna be able to solve them during the March quarter. But so
+      far, the mix has been very, very strong on iPhone. As a follow-up question,
+      if you could talk a bit to the benefit that you may have seen from some of the
+      carrier actions, some very aggressive trade-ins during the quarter. Did that
+      provide a benefit in your view on units or mix or perhaps both? And what would
+      be the level of permanence that you would see in some of those actions such
+      that if those subsidies were removed, could that potentially be a headwind going
+      forward? I think, Chris, it''s Tim. I think subsidies always help. Anything
+      that reduces the price to the customer is good for the customer and obviously
+      good for the carrier that''s doing it and good for us as well. And so, it''s
+      a win across the board. I believe that at least based on what I see right now
+      is that there would be probably continuing to have quite a bit of competition
+      in the market if you''re talking about the U.S. market for customers as the
+      carriers work to get more customers to move to 5G. In outside of of the U.S.,
+      the subsidies are not used in all geographies, and so it really varies greatly
+      by country. You know, some of them are separate completely, the handset and
+      the service, and in those areas, we don''t have subsidies. It''s in our name
+      where fires don''t complete auto care. That''s Saul. He''s a store manager and
+      Saul knows there''s no job too big or small for our expert technicians. We do
+      everything. Yep. Fires don''t complete auto care, helping our neighbors since
+      1926. Thanks. Can we have the next question, please? Yes, we''ll go ahead and
+      go ahead and hear from Jim Suba with Citigroup. Thank you very much. It''s amazing
+      how your company has pivoted and progressed through this uncertain time in society.
+      A lot of the pushback we get on our view on Apple is that everyone around them
+      or that they know and develop countries have an iPhone or Apple product and
+      the market is kind of being saturated some. But when I look at other countries
+      like India, I believe statistically you are materially below that in market
+      share. So are you doing active efforts there? It seems like there''s been some
+      news reports of moving supply chain there, or you recently opened up an Apple
+      Store. How should we think about that? Because it just seems like you really
+      not full market share equally around the world. Yeah, there are several markets
+      as I alluded to before India is one of those where our share is quite low. It''s
+      it did improve from the year ago quarter. Our business roughly doubled. over
+      that period of time. And so, we feel very good about the trajectory. We are
+      doing a number of things in the area. We put the online store there, for example,
+      and last quarter was the first full quarter of the online store. And that has
+      gotten a great reaction to it and has helped us achieve the results that we
+      got to last quarter. We''re also going in there with retail stores in the future.
+      And so we look for that to be another great initiative and we continue to develop
+      the channel as well. And so there''s lots of things, not only in India, but
+      in several of the other markets that you might name where our share is lower
+      than we would like. And I, again, I would also say, even in the developed markets,
+      when you look at our share, definitely everybody doesn''t have an iPhone, not
+      even close. And so, you know, we really don''t have a significant share in any
+      market. We''re \u2013 they said there''s a headroom left even in those developed
+      markets where you might hear that. Thank you so much, and congratulations to
+      your team and employees. Thank you, Jim. Appreciate that. Thank you. A replay
+      of today''s call will be available for two weeks on Apple podcasts as a webcast
+      on apple.com slash investor and via telephone. The numbers for the telephone
+      replay are 888-203-1112 or 719-457-0820. Please enter a confirmation code 1828830.
+      These replays will be available by approximately 5 p.m. Pacific time today.
+      Members of the press with additional questions can contact Kristen Huggett at
+      408-974-2414. Financial analysts can contact me with additional questions at
+      669-227-2402. Thank you again for joining us. Once again, that does conclude
+      today''s conference. We do appreciate your participation. The Webb Telescope
+      is one of the most technologically advanced pieces of equipment mankind has
+      ever built. The web telescope will definitely rewrite the textbooks and books
+      we didn''t even know to write will be written."}'
+    content_type: text/plain
+    method: GET
+    status: 200
+    url: https://v2.api.earningscall.biz/transcript?apikey=demo&exchange=NASDAQ&symbol=AAPL&year=2022&quarter=1

{earningscall-0.0.6 → earningscall-0.0.8}/tests/test_get_transcript.py

@@ -29,6 +29,23 @@ def test_get_demo_company():
                                      'Conference Call. At ')
 
 
+@responses.activate
+def test_get_demo_company_with_event_populated():
+    ##
+    clear_symbols()
+    responses._add_from_file(file_path=data_path("symbols-v2.yaml"))
+    responses._add_from_file(file_path=data_path("demo-symbols-v2-alpha.yaml"))
+    ##
+    company = get_company("aapl")
+    ##
+    transcript = company.get_transcript(year=2022, quarter=1)
+    assert transcript.event.year == 2022
+    assert transcript.event.quarter == 1
+    assert transcript.event.conference_date.isoformat() == "2022-01-19T00:00:00-08:00"
+    assert transcript.text[:100] == ("Good day and welcome to the Apple Q1 Fiscal Year 2021 earnings conference "
+                                     "call. Today's call is bein")
+
+
 # Uncomment and run following code to generate demo-symbols-v2.yaml file
 #
 # import requests
@@ -40,6 +57,18 @@ def test_get_demo_company():
 # def test_save_symbols_v1():
 #     requests.get("https://v2.api.earningscall.biz/symbols-v2.txt?apikey=demo")
 
+# Uncomment and run following code to generate demo-symbols-v2.yaml file
+#
+# import requests
+#
+# from responses import _recorder
+#
+#
+# @_recorder.record(file_path="demo-symbols-v2-alpha.yaml")
+# def test_save_symbols_v1():
+#     requests.get("https://v2.api.alpha.earningscall.biz/transcript?apikey=demo&exchange=NASDAQ&symbol=AAPL&year=2022&quarter=q1")
+#
+
 
 @responses.activate
 def test_get_non_demo_company():

earningscall-0.0.6/TODO.md

@@ -1,5 +0,0 @@
-# A list of things left to do for this project
-
-* Allow user to set API Key
-* If user is using "demo" API key, and user tries to get non-demo symbol, throw a nice error message
-

earningscall-0.0.6/earningscall/transcript.py

@@ -1,14 +0,0 @@
-import logging
-from dataclasses import dataclass
-
-from dataclasses_json import dataclass_json
-
-log = logging.getLogger(__file__)
-
-
-@dataclass_json
-@dataclass
-class Transcript:
-
-    text: str
-

earningscall-0.0.6/earningscall/utils.py

@@ -1,20 +0,0 @@
-import logging
-import os
-import pathlib
-
-import earningscall
-
-
-def project_file_path(base_dir, file_name):
-    result = os.path.join(pathlib.Path(earningscall.__file__).resolve().parent.parent, base_dir)
-    if file_name is None:
-        return result
-    return os.path.join(result, file_name)
-
-
-def data_path(file_name=None):
-    return project_file_path("tests/data", file_name)
-
-
-def enable_debug_logs():
-    logging.basicConfig(level=logging.DEBUG)