Apple Sets Q4 2011 Earnings Release For October 18th
Apple issued a press release today stating that it will announce its earnings for the fourth fiscal quarter of 2011 (third calendar quarter) and host a conference call regarding the release on Tuesday, October 18th.
The conference call at 5:00 PM Eastern / 2:00 PM Pacific will follow the earnings release itself which typically comes around 4:30 PM Eastern.
Apple last quarter announced record-breaking results in a number of areas, including $7.31 billion in profit on revenue of $28.57 billion. For the fourth fiscal quarter, Apple has issued guidance of $25 billion in revenue with profits of $5.50 per share.
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I'm weird that way... Chips excite me more than spreadsheets...
Is the 4s in that report? I'm not sure how all the works.
No. Apple's year-end is in September (it changes a little each year since it's based on the last Friday of the week vs. a standard date like September 30). Apple might put out a press release with some preliminary information about the iPhone 4S, and might talk about it a little, but it won't be included in their earnings for the quarter.
Unfortunately, one question that won't be asked this time is Steve Jobs' health. :-(
If this purchase is part of a highly diversified investment strategy, sure, why not?
I wouldn't sink more than 5% of my capital in one company.
Since you had to ask the question, my gut feeling is to tell you to read up on investments and forget asking people on the Internet for investment advice.
Unless I'm reading this wrong (I got a C in Economics 101), that's a 25.5% profit margin.:eek:
Not too bad. It speaks of an incredible mark-up over cost for Apple's products. Is that the "Apple Tax"? :confused: :rolleyes:
Unlike Apple, Samsung actually MAKES most of those components Apple is forced to buy up in bulk for cash.
Just because samsung make thier own components, it don't mean they are free. The components devision will still charge the phone devision, albeit at a cheaper price.
Get real.
Apple doesn't make many forward-looking statements. On top of that, their quarterly earnings guidance has been consistently low.
If you think Apple Inc. is going to brag about how well the iPhone 4S is selling, you know pretty much nothing about how Apple Inc. operates.
They are the quintessential "under promise, over deliver" poster child of high tech.
I disagree.
I say there is a very good chance that they will mention the iPhone 4s launch sales.
You have to figure that he will talk about the 4S sales and give some prelim numbers. Why? Because the numbers are going to be better than any phone in history. They won't be able to stop from touting about how successful their "disappointing" phone is.
Get real.Apple doesn't make many forward-looking statements. On top of that, their quarterly earnings guidance has been consistently low.
If you think Apple Inc. is going to brag about how well the iPhone 4S is selling, you know pretty much nothing about how Apple Inc. operates.
They are the quintessential "under promise, over deliver" poster child of high tech.
Makes sense.
Your point about efficient handling of inventory and production certainly accounts for some portion of the savings leading to a high profit margin.
However, your point about negotiating low component prices still suggests that they make the phone cheaply, and mark up significantly.
Anyway, thanks for the cogent response. :D
Somehow Apple is able to build an iPhone for $100 less then Samsung can build their Galaxy S2 from virtually the same components. Why - because they buy in bulk by the billions UP FRONT for CASH.
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