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
111 months ago
Record earnings. Record disappointment. Did I get it right?
Score: 2 Votes (Like | Disagree)
aaronvan Avatar
111 months ago
Good. I want my dividend check.
Score: 2 Votes (Like | Disagree)
megadon Avatar
111 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
111 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
111 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
111 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

iOS 17 on Phone Feature

Gurman: iOS 17 to Provide Several 'Most Requested Features'

Sunday March 26, 2023 6:05 am PDT by
Apple changed the strategy for iOS 17 later in its development process to add several new features, suggesting that the update may be more significant than previously thought, Bloomberg's Mark Gurman reports. In January, Gurman said that iOS 17 could be a less significant update than iPhone updates in previous years due to the company's intense focus on its long-awaited mixed-reality...
iOS 16

iOS 16.4 Will Add These 8 New Features to Your iPhone

Sunday March 26, 2023 8:06 am PDT by
Following nearly six weeks of beta testing, iOS 16.4 is expected to be released to the public as soon as this week. The software update includes a handful of new features and changes for the iPhone 8 and newer. To install an iOS update, open the Settings app on the iPhone, tap General → Software Update, and follow the on-screen instructions. Below, we have recapped eight new features and...
apple mixed reality headset concept by david lewis and marcus kane

Some Apple Employees Seriously Concerned About Mixed-Reality Headset as Announcement Draws Closer

Sunday March 26, 2023 8:25 am PDT by
Some Apple employees are concerned about the usefulness and price point of the company's upcoming mixed-reality headset, The New York Times reports. Apple headset concept by David Lewis and Marcus Kane Initial enthusiasm around the device at the company has apparently become skepticism, according to eight current and former Apple employees speaking to The New York Times. The change of tone...
iOS 16

Apple Releases iOS 16.4 With New Emoji, Safari Web Push Notifications, Beta Changes, Voice Isolation for Calls and More

Monday March 27, 2023 10:03 am PDT by
Apple today released iOS 16.4, the fourth major update to the iOS 16 operating system that initially came out last September. iOS 16.4 comes two months after the launch of iOS 16.3, an update that added Security Keys for Apple ID. iOS 16‌.4 and iPadOS 16.4 can be downloaded on eligible iPhones and iPads over-the-air by going to Settings > General > Software Update. It can take a few minutes...
Steve Jobs Theater dusk

Apple Reportedly Demoed Mixed-Reality Headset to Executives in the Steve Jobs Theater Last Week

Sunday March 26, 2023 5:53 am PDT by
Apple showcased its mixed-reality headset to the company's top 100 executives in the Steve Jobs Theater last week, according to Bloomberg's Mark Gurman. In the latest edition of his "Power On" newsletter, Gurman explained that the "momentous gathering" is a "key milestone" ahead of the headset's public announcement planned for June. The event was intended to rally Apple's top members of...
top stories 25mar2023

Top Stories: iPhone 15 Pro Design Leak, iOS 16.4 Coming Soon, and More

Saturday March 25, 2023 6:00 am PDT by
We're still almost six months away from the official unveiling of the iPhone 15 lineup, but it seems like every day we're learning more about what to expect from the next-generation models. Notably, this week gave us our clearest look yet at what appear to be some changes for the volume and mute control hardware. iOS 16.4 and associated releases are also right around the corner with some new ...
apple tv 4k red image

Apple Releases tvOS 16.4 for Apple TV 4K and Apple TV HD

Monday March 27, 2023 10:00 am PDT by
Apple today released tvOS 16.4, the fourth major point update to the tvOS 16 operating system that came out last September. Available for the Apple TV 4K and Apple TV HD, tvOS 16.4 comes two months following the release of tvOS 16.3. The tvOS 16.4 update can be downloaded over the air through the Settings app on the ‌‌‌‌Apple TV‌‌‌‌ by going to System > Software Update....