Apple Q2 2008 Financial Results on Wednesday, April 23rd
Apple will be webcasting a conference call on Wednesday, April 23rd to discuss their financial results for the second fiscal quarter of 2008 spanning January through March. The conference call begins at 2:00pm PDT/5:00pm EDT.
This quarter also saw the release of Time Capsule, revitalized AppleTV and AirPort Express offerings, and higher-capacity models of the iPhone, iPod touch, and iPod shuffle. Also of note, Apple released a limited beta version of the iPhone 2.0 software, including a Software Development Kit (SDK) to allow developers to create third-party applications for the iPhone.
Apple's fiscal year begins on approximately October 1st of the prior calendar year, and their record-breaking Q1 2008 results were reported in January. Their outlook for this quarter, however, fell below analyst estimates raising some concerns about Apple's expected performance.
Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties, and that actual results may differ materially from these forward-looking statements. For more information on the factors that could influence results, please refer to Apples SEC filings.
On the Mac front, the early portion of this quarter saw the release of upgraded Mac Pros and Xserves just prior to Macworld San Francisco, with the new MacBook Air following suit at the expo. New Penryn-based MacBook Pros and MacBooks followed at the end of February.This quarter also saw the release of Time Capsule, revitalized AppleTV and AirPort Express offerings, and higher-capacity models of the iPhone, iPod touch, and iPod shuffle. Also of note, Apple released a limited beta version of the iPhone 2.0 software, including a Software Development Kit (SDK) to allow developers to create third-party applications for the iPhone.
Apple's fiscal year begins on approximately October 1st of the prior calendar year, and their record-breaking Q1 2008 results were reported in January. Their outlook for this quarter, however, fell below analyst estimates raising some concerns about Apple's expected performance.
Top Rated Comments
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50 months ago
Get ready for the last few days gains in AAPL to be erased, if history repeats itself... :eek:
50 months ago
oooooooo, I was wondering how their 2Qtr was already over... apparently the Geogarian Calendar was a bit much for them ;)
50 months ago
expect a dramatic rise or fall in Apple's stock price after hours.
The reported results are of interest to MR readers, but the investors are looking at those past figures and the future outlook. That is what really determines the way Wall St. will waver.
The reported results are of interest to MR readers, but the investors are looking at those past figures and the future outlook. That is what really determines the way Wall St. will waver.
50 months ago
Short term traders beware and stay out on that evening, don't hold ANY overnight trades, you will blow through your stops if history repeats.
50 months ago
# of iPhones and iPods sold will be interesting. If they miss estimates on these at all expect a pretty large drop. I'm expecting them to miss with the economy going in the crapper, but who knows.
My hope is that they do miss so I can layer on some more shares. Long term, I think their prospects look good.
My hope is that they do miss so I can layer on some more shares. Long term, I think their prospects look good.
50 months ago
So what can we expect for this anything really interesting?
the big news will be if the stock doesn't move 10 points in either direction! it may oscillate wildly a number of times
the earnings estimates are so looked at, analyzed, soothsayed and seanced BEFORE announcement, that the 4pm hysteria causes deep mania (either panic selling or hysterical buying) for hours...
I agree that faint-hearted long or medium-term investors turn away until the evening... I am positive on AAPL longterm (how could u not be??) and enjoy the capitalistic orgy - but it ain't for some
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