ISSN 2330-717X

Apple Announces Date For Publishing First Quarter Earnings

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Apple has announced the date for its first-quarter financial results, choosing January 24 to publish results that are likely to show how well the company’s iPhone 4S fared in the last three months of 2012, The Next Web reported.

The company updated its investor page, notifying investors and interested parties that the earnings announcement will be accompanied by a conference call beginning at 2:00PM PST/5:00 PM EST.

Apple announced its Q4 2011 results on October 18, beating its own estimates but falling slightly shy of the ‘industry estimates’ in revenue and iPhone sales. During the earnings call, Apple’s CFO Peter Oppenheimer said that half of the 6.6M iPods sold were iPod touch models, suggesting the company had sold more than 3 million in its last financial quarter.

The company announced 6 million downloads of its new Lion operating system and 180 million downloads from iBooks from its iBookstore. Oppenheimer specifically stated that strong sales of the MacBook Air accounted for a good chunk of the large 26% year-over-year growth of the Mac, which sold 4.89M units.

Average revenue per Apple Retail Store was 10.7M and 77.5M people visited Apple Stores in Q4 2011.

Apple is expected to post impressive first-quarter results, given the extraordinary sales of the iPhone 4S but also of its iPad and MacBook devices in the run up to Christmas.

PanARMENIAN

PanARMENIAN Network is the first Armenian online news and analytical agency and one of the most cited Armenian informational resources worldwide.

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