Apple today updated its investor relations page to confirm it will announce earnings for its fourth fiscal quarter (third calendar quarter) of 2014 on October 20. The quarterly earnings statement will be released around 1:30 PM Pacific / 4:30 PM Eastern, with a conference call to discuss the report following at 2:00 PM Pacific / 5:00 PM Eastern.

q42014-earnings
This quarterly earnings report covers the period up to September 27 and will include early sales of the iPhone 6 and 6 Plus, which launched in a number of countries on September 19. With a highly anticipated China launch slated for October 17, iPhone sales in the current quarter are expected to continue to be strong. The company confirmed it sold a record-breaking 10 million iPhone 6 and 6 Plus units in the first weekend of sales and would have sold significantly more units if supply had not been constrained.

MacRumors will provide coverage of both the earnings release and conference call on October 20.

Top Rated Comments

Jimmy James Avatar
103 months ago
Record earnings. Record disappointment. Did I get it right?
Score: 2 Votes (Like | Disagree)
aaronvan Avatar
103 months ago
Good. I want my dividend check.
Score: 2 Votes (Like | Disagree)
megadon Avatar
103 months ago
You forgot about stock buybacks. If Apple buys back a significant number of shares, then the stock price can double without reaching a market cap of $1.2 trillion. Not saying it will double any time soon, but I feel good about a 15% increase over the next year.

Factor in the lack of risk, and I'm pretty comfortable holding onto AAPL. Investors always place far too much importance on growth potential and don't pay enough attention to risk.

Agree 100%. Although I would rather see the money for buy backs used towards new products, it gives me confidence on reducing downside risk as apple would swoop in and start buying during a decline giving us a proper price floor. Risk factors depend on personal factors such as age and so on. If you're young, you can afford to take more risk because you have a lot of earning years left, but as you get older and close to retirement, you can't risk loosing it all.

I'm not advocating to sell or predicting a price decline, even though it can easily go down to the high 80's as the market as a whole is overvalued. But I don't expect as much as growth as other companies in its sector.
Score: 1 Votes (Like | Disagree)
flux73 Avatar
103 months ago
Most the upside for aapl is done. It's just a value stock now. Just look at the pe.
For it to double it needs to be a 1.2 trillion dollar company.
You forgot about stock buybacks. If Apple buys back a significant number of shares, then the stock price can double without reaching a market cap of $1.2 trillion. Not saying it will double any time soon, but I feel good about a 15% increase over the next year.

Factor in the lack of risk, and I'm pretty comfortable holding onto AAPL. Investors always place far too much importance on growth potential and don't pay enough attention to risk.
Score: 1 Votes (Like | Disagree)
anonnymouse Avatar
103 months ago
Although you are correct that the article states the 27th, I wonder why they would close their books on a Saturday. I always think in terms of Friday close of business, so when books are closed on any other day it always seems interesting. But in the end it matters little I am sure.

The end of the fiscal Quarter and fiscal Year were September 27. That's just how the 52 weeks divided by 4 (13 week quarters) ends up, based on the start of their fiscal year.
Score: 1 Votes (Like | Disagree)
IJ Reilly Avatar
103 months ago
Pe is just a ratio that changes everyday.. It's the multiple that you pay for earnings, and it's only useful to compare to another company in the same industry. If apple has a very low pe for tech, it means investors aren't willing to pay a premium because they don't see growth in the earnings. Thus how it's being treated like a value stock, because investors don't see growth opportunities.

I know exactly what PE is, so no need to explain it. Currently AAPL is selling for a multiple of roughly 16. Not a lot can be imputed from this PE, for one because it's right on the median of the S&P 500 currently, and for another, the stock was selling at a multiple closer to 10 not many months ago. In any event, none of this supports your point.
Score: 1 Votes (Like | Disagree)

Popular Stories

iPhone 14 Dummies 1 Feature

Everything Rumored for Apple's September Event: iPhone 14, Apple Watch Pro and More

Friday August 12, 2022 2:34 pm PDT by
There's just about a month to go until Apple holds its annual September event focusing on new iPhone and Apple Watch models. We thought we'd take a quick look at everything that's rumored for Apple's September event to give MacRumors readers a rundown on what to expect when the first fall event rolls around. iPhone 14 The iPhone 14 can probably be described more as an "iPhone 13S" because...
airpods pro black background

AirPods Pro 2: Five New Features and Improvements to Expect

Sunday August 14, 2022 3:28 pm PDT by
Apple's second-generation AirPods Pro are finally nearing launch, with a release expected later this year. If you are considering upgrading to the new AirPods Pro once they are released, keep reading for a list of five new features to expect. In addition to all-new features, the second-generation AirPods Pro will likely adopt some features added to the standard AirPods last year. H2 Chip ...
z fold 4 1

Hands-On With Samsung's Latest Foldable Smartphones, the Galaxy Z Fold and Z Flip

Friday August 12, 2022 12:46 pm PDT by
Samsung this week launched its fourth-generation foldable devices, the $1,000 Galaxy Z Flip and the $1,800 Galaxy Z Fold. Though there's no sign of a comparable Apple foldable device on the horizon, rumors suggest prototypes are in the works, so we thought we'd take a look at Samsung's newest smartphones to see what Apple needs to measure up to when a foldable iPhone does come out. Subscribe ...
top stories 13aug2022

Top Stories: New Battery Percentage Icon in iOS 16, USB-C AirPods Rumor, and More

Saturday August 13, 2022 6:00 am PDT by
This week brought some shocking news for iOS 16 beta testers, with Apple bringing back the iPhone battery percentage to the status bar after a number of years. Other news and rumors this week included word that Apple has started recording portions of its media event planned for next month to introduce the iPhone 14 and Apple Watch Series 8, claims about iPhone 14 Pro pricing and Apple's...
iCloud General Feature

Apple Remains Silent About Plans to Detect Known CSAM Stored in iCloud Photos

Saturday August 13, 2022 1:52 pm PDT by
It has now been over a year since Apple announced plans for three new child safety features, including a system to detect known Child Sexual Abuse Material (CSAM) images stored in iCloud Photos, an option to blur sexually explicit photos in the Messages app, and child exploitation resources for Siri. The latter two features are now available, but Apple remains silent about its plans for the CSAM...
apple watch se

Apple Watch SE vs. Apple Watch Series 8: New Features to Expect If You've Waited to Upgrade

Monday August 15, 2022 2:44 am PDT by
The Apple Watch SE was announced in September 2020 and has been a popular Apple Watch model for customers looking for their first smartwatch or an affordable Apple Watch. Apple Watch SE customers may be wondering, however, what's in store for them with the upcoming Apple Watch Series 8 and what new features they can expect. Continue reading to find out. Apple Watch SE vs. Apple Watch Series ...