Apple Q3 2010 Financial Results Set for July 20th
Apple today issued a media alert announcing details for tomorrow's release of its financial results for the third fiscal quarter and second calendar quarter of 2010. The results will be released after the close of tomorrow's trading at approximately 4:30 PM Eastern / 1:30 PM Pacific. Apple's conference call discussing the results will follow at 2:00 PM Pacific and will be available via a live audio webcast. MacRumors will provide running coverage of the conference call highlights.
Apple's third fiscal quarter saw a number of significant product introductions, beginning with the iPad very early in the quarter to begin a multi-stage roll-out across a number of countries. The company followed with revised MacBook Pros just ten days after the initial iPad launch and a MacBook update in mid-May. A redesigned Mac mini made its appearance in mid-June near the end of the quarter, with the iPhone 4 launching in several countries just three days before the end of the quarter. The company did announce, however, that it sold over 1.7 million iPhone 4s in those three days.
For the quarter, analysts are predicting net earnings of $3.10 per share on revenue of $14.74 billion, above Apple's guidance of $2.28-$2.39 profit on $13.0-$13.4 billion of revenue. Apple's year-ago results for the third fiscal quarter of 2009 initially included net earnings of $1.35 per share on revenue of $8.34 billion. Those calculations were based, however, on earlier accounting methods that utilized "subscription accounting" for iPhone and Apple TV revenue. Apple adopted revised accounting standards at the beginning of fiscal 2010, and after retrospective application (PDF) of the new standards, the year-ago quarter yielded net earnings of $2.01 per share on revenue of $9.73 billion.
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I'm getting close to looking into making a Hackintosh.
edit:
I guess this is just a media alert (we know the media has been ignoring desktops for a long time now), but there better be some real info in the report tomorrow.
Are you kidding me? No mention whatsoever of desktop Macs? Maybe they can finally spend some of that money they've made off of all the portable stuff on their real customers and put out the loooong overdue Mac Pro and iMac.
I'm getting close to looking into making a Hackintosh.
edit:
I guess this is just a media alert (we know the media has been ignoring desktops for a long time now), but there better be some real info in the report tomorrow.
You expect too much from an Apple earnings call. :p
There is no such thing as bad publicity.
Are you kidding me? No mention whatsoever of desktop Macs? Maybe they can finally spend some of that money they've made off of all the portable stuff on their real customers and put out the loooong overdue Mac Pro and iMac.
I'm getting close to looking into making a Hackintosh.
edit:
I guess this is just a media alert (we know the media has been ignoring desktops for a long time now), but there better be some real info in the report tomorrow.
Also expect release dates for an iOS-based AppleTV, the wireless touchpad, iWatch, cloud-based iTunes, Verizon iPhone.
I bet RIM, Nokia, etc. are all sitting around this morning in a board room saying "So.....how can we stir the turds on the forums to blow up some little bug way out of proportion?!?!?!? Look at what that press did for Apple!!!!!!"
There is no such thing as bad publicity.
Yeah because they're in denial that they got the same antennae problems as HTC, RIM and Apple... but Apple makes more money than them... :D
Are you kidding me? No mention whatsoever of desktop Macs? Maybe they can finally spend some of that money they've made off of all the portable stuff on their real customers and put out the loooong overdue Mac Pro and iMac.
I'm getting close to looking into making a Hackintosh.
edit:
I guess this is just a media alert (we know the media has been ignoring desktops for a long time now), but there better be some real info in the report tomorrow.
Is there anything wrong with the desktop Macs? Is there a specific piece of hardware that you absolutely need for work or business? Mac Pros are workstations. Workstations need long term support and stability, not the latest and fastest consumer processor.
New iMacs and Mac Pros are coming. The current ones are still very powerful and more than enough for most consumers' needs.
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