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.
Popular Stories
A new Apple TV is expected to be released later this year, and a handful of new features and changes have been rumored for the device.
Below, we recap what to expect from the next Apple TV, according to rumors.
Rumors
Faster Wi-Fi Support
The next Apple TV will be equipped with Apple's own combined Wi-Fi and Bluetooth chip, according to Bloomberg's Mark Gurman. He said the chip supports ...
Apple will launch its new iPhone 17 series in two months, and the iPhone 17 Pro models are expected to get a new design for the rear casing and the camera area. But more significant changes to the lineup are not expected until next year, when the iPhone 18 models arrive.
If you're thinking of trading in your iPhone for this year's latest, consider the following features rumored to be coming...
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are only two months away, and there are plenty of rumors about the devices.
Below, we recap key changes rumored for the iPhone 17 Pro models.
Latest Rumors
These rumors surfaced in June and July:A redesigned Dynamic Island: It has been rumored that all iPhone 17 models will have a redesigned Dynamic Island interface — it might ...
The long wait for an Apple Watch Ultra 3 is nearly over, and a handful of new features and changes have been rumored for the device.
Below, we recap what to expect from the Apple Watch Ultra 3:Satellite connectivity for sending and receiving text messages when Wi-Fi and cellular coverage is unavailable
5G support, up from LTE on the Apple Watch Ultra 2
Likely a wide-angle OLED display that ...
iPhone 17 Pro and iPhone 17 Pro Max models with displays made by BOE will be sold exclusively in China, according to a new report.
Last week, it emerged that Chinese display manufacturer BOE was aggressively ramping up its OLED production capacity for future iPhone models as part of a plan to recapture a major role in Apple's supply chain.
Now, tech news aggregator Jukan Choi reports...
The iOS 26 public beta release is quickly approaching, while developers have recently gotten their hands on a third round of betas that has seen Apple continue to tweak features, design, and functionality.
We're also continuing to hear rumors about the iPhone 17 lineup that is now just about right around the corner, while Apple's latest big-budget film appears to be taking off, so read on...