Apple to Release Q1 2009 Financial Results on January 21st
Apple has posted a media alert announcing details for the January 21st release of their financial results for the first quarter of fiscal year 2009. The results will cover sales from September 28th through December 27th, 2008, and will be released at the close of trading (4:00 PM Eastern / 1:00 PM Pacific) on Wednesday. Apple's conference call discussing the results will follow at 2:00 PM Pacific and will be available via a live audio webcast.
Apple's most significant product announcement of the quarter came on October 14th in a notebook media event. The event saw the introduction of the new unibody MacBook and 15" MacBook Pro, as well as minor updates to the 17" MacBook Pro and MacBook Air. Apple also introduced the new 24" LED Cinema Display with built-in iSight and Mini DisplayPort connectivity.
For the quarter, analysts are predicting net earnings of $1.38 per share on revenue of roughly $9.75 billion, near the high end of Apple's guidance of $1.06-$1.35 profit on $9.0-$10.0 billion of revenue. Apple's year-ago results for the first quarter of 2008 included net earnings of $1.76 per share on revenue of $9.6 billion.
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