Monday, April 07, 2008, 11:00 am
Apple to report second-quarter results April 23
Apple said this week it will announce results from its second fiscal quarter of 2008 ended March on Wednesday, April 23rd.The results will be made public following the close of the stock market, and Apple executives will field questions from analysts and members of media in a subsequent conference call at approximately 5:00 p.m. Eastern time.
Historically, Apple's second quarter has be its weakest of the year due to seasonal trends. The three-month period spanning January through March falls between the traditionally lucrative holiday shopping frenzy and the early back-to-school buying season.
On average, Wall Street analysts are expecting the Cupertino-based company to report per-share earnings of $1.05 on revenues of $6.92 billion, fueled by sales of approximately 10.8 million iPods, 1.95 million Macs, and 1.6 - 2.0 million iPhones.
During its fiscal first quarter conference call in January, Apple management guided conservatively towards per-share earnings of $0.94 on revenues of $6.8 billion.
In recent weeks, several analysts have increased their forecast for the March quarter beyond consensus and guidance figures, saying they expect the company to benefit from continued momentum in Mac sales and favorable commodity prices.
On Topic: Investor
- Apple to distribute another $2.867 billion to shareholders via dividend
- Piper Jaffray: Concern of drooping sub-30% Apple margins is 'overblown'
- Today is last chance to get in on Apple's spring dividend
- Samsung's cash pile triples in one year, now worth $28.5B after debt
- Apple rewards finance chief with $69M pay in 2012, highest of any CFO








I'm assuming they are at least meeting market predictions with respect to income growth.

A few things which may hurt them:
1.) The rumors of the 3G iPhone hurting current iPhone sales
2.) They have been cutting corners on some "budget" items when Mac is supposed to be the upper echelon of computing. For example the use of 6-bit TN TFT panels in the 20" iMac when the old iMac was 8-bit S-IPS.
3.) The "Newer & Slower" Macbooks and MBPs.
For the premium we pay for the Mac name, we should be getting 120Hz 10-bit LCD Panels. Oh well, Money is king and Profit is his Prophet.