Apple is separating the new smartphones into its usual low-cost versus high-cost categories, with big differences between the two models coming down to the camera, display, and battery life.
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Apple to Announce Q3 2013 Earnings on July 23
MacRumors will provide running coverage of the earnings release and conference call.
The release will provide a look into the strength of iPhone 5 and iPad mini sales into their third quarter of availability, and perhaps updates on the new products announced at WWDC. Apple's stock price is down some 23 percent year-to-date and roughly 300 points off its highs of last year. Analysts have continuing concerns about Apple's ability to innovate without Steve Jobs, though the current price is up slightly from the previous earnings call.
In the past two July earnings calls, Apple has announced the imminent launch of OS X Lion and Mountain Lion, though there is no indication yet that Mavericks will launch the day after the call.
Apple reported strong results three months ago when it announced a dramatic increase in its share repurchase authorization and a larger dividend payment. Apple should update investors on the progress of its share repurchase program.
Apple provided guidance for the third quarter of fiscal 2013 for revenue of between $33.5 and $35.5 billion and gross margin between 36% and 37%.