Apple updated its investor relations page today to note that it will announce its earnings for the second fiscal quarter (first calendar quarter) of 2014 on Wednesday, April 23. The earnings release typically occurs just after 4:30 PM Eastern Time following the close of regular stock trading, and the conference call is scheduled to follow at 5:00 PM Eastern / 2:00 PM Pacific.
/article-new/2014/03/q214earnings.png?lossy)
MacRumors will provide running coverage of the earnings release and conference call.
The release will provide a look at sales of the iPad Air and Retina iPad mini sales during their second quarter of availability as well as iPhone 5s and 5c sales through the first three months of 2014. Apple reported a record number of iPhone/iPad sales during the first quarter of 2014, at 51 million iPhones and 26 million iPads.
In its fiscal first-quarter earnings call, Apple guided expected revenue of $42-44 billion and gross margin between 37 and 38 percent. This reflects an expectation of near-zero growth from Q2 of fiscal 2013.
Top Rated Comments
Not expecting anything for the next quarter either.
As for the earnings, I am sure they will be fine.
I'm expecting another blockbuster quarter to bring shame on all competitors ... And then still see the stock drop 15% after hours.
Apple hasn't had a "blockbuster quarter" in a year. The current stock price reflects Apple's guidance, which basically predicted little or no earnings growth this quarter. If Apple fails to beat even those very modest expectations, then look out below. The key word here is "if."
The market should just drop the stock price as soon as Apple announces that they are going announce their quarter earnings. Forget about numbers, just drop the stock because that has been the pattern the last couple of years. $42 - $44 billion revenue isn't good enough anymore. They made record sales, yet "growth" is virtually non-existent. Lets reprimand the companies that make a profit and get record sales. Yeah that makes a hell lot of sense...
I'm trying to make sense of this post on some level, but I just can't do it.
Another quarter with no product releases....I hate Apple's new release schedule with everything stacked into the late fall.
Not expecting anything for the next quarter either.
As for the earnings, I am sure they will be fine.
"Yes, we have more great things 'in the pipeline'; we're very excited."
*snooze*
"Oh, and we made another kazillion dollars!"
*yey*
Next.