AppleInsider Staff
Apple on Monday announced its quarterly earnings call for the third fiscal quarter of 2014 is slated for July 22 and will be the first such event for Luca Maestri since being officially confirmed as the company's new CFO.
Alongside Maestri, Apple CEO Tim Cook is expected to take part in the conference call discussing the company's performance over the three-month period ending in June. The date was first announced on Apple's Investor Relations webpage.
While Maestri was on hand during Apple's last conference call in April, the new finance chief was acting as Corporate Controller under then-CFO Peter Oppenheimer. Maestri was officially appointed to the position in May and added to Apple's leadership roster earlier in June
For its second fiscal quarter of 2014, Apple announced record earnings of $45.6 billion in revenue, a performance that came in as the highest-ever non-holiday quarter on record.
Apple is also likely to discuss the effects of a recent 7-for-1 stock split carried out this month, making AAPL shares more accessible to traders. Since trading began at the adjusted $92.69 share pricing, AAPL stock has been fairly stable, ending trading on Monday at $92.93.
During the last quarterly call, Apple said it would be investing heavily in research and development for both current and future products and services.
Along with the usual live-stream available on Apple's investor webpage, AppleInsider will be providing live coverage of the investor event starting at 2 p.m. PT/5 p.m. ET on July 22.
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13 Comments
I've been snatching up some AAPL here and there these past few weeks.
I've decided to hold through earnings this time. I'm ok with and fully prepared for either outcome.
Outcome #1
AAPL earnings are good and "the street" is impressed. In this case, all is good, and I can simply sit back and chill, while watching AAPL rise.
Outcome #2
AAPL earnings fail to impress "the street" for whatever reason and it drops a little bit. In this case, all is still good, because I'm simply going to grab some more AAPL, at cheaper prices.
#2B, wait for the run up to iPhone 6, AAPL will go up in September for sure.
Looking forward to it, my first as a shareholder.
Lets go Apple!
Samsung has already announced to expect a weaker than usual quarter, due to slowing smartphone sales (which is a major part of their revenue).
Now I'm really curious what Apple will report. Esp since last quarter was better than expected.