Apple is holding its fourth quarter conference call on October 25, according to an announcement from the company. The call will take place at 2:00 P.M. PT/5:00 P.M. ET, and will provide another early glimpse into how the iPhone 5 is doing since the quarter ended in September.
You can follow the conference call live at Apple’s events site, but we’ll also be bringing you the results and a wrap-up of the call.
Already, some analysts have been making predictions about the company’s Q4 results. Sterne Agee analyst Shaw Wu shared numbers that see around 27 million iPhones being sold in the September quarter, for instance, buoyed by the iPhone 5. He said in the note that despite lukewarm reviews, Apple’s sales tend to be brisk quarter after quarter, and should remain so once again.
Revenues for Q3 totaled $35 billion, and Apple brought in $8.8 billion in quarterly net profit.That led to a $9.32 earnings per diluted share. Apple somewhat under-performed compared to a lot of very high analyst expectations for the quarter, but blew past its own conservative estimates.
iPhone sales that were down compared to first and second quarter numbers had a lot to do with performance coming in under Wall Street expectations. We’ll see if this time around, those sales buoy back up or remain slower overall since the iPhone 5 was only introduced late in the quarter.
Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the...