Apple to announce fiscal Q1 2015 earnings results on Jan. 27

By AppleInsider Staff

Apple on Monday announced it will reveal financial results for its first fiscal quarter of 2015 on Jan. 27, with company executives expected to field questions covering what is anticipated to be another blockbuster for the tech giant.

Announced through Apple's Investor Relations webpage, the company's results conference call will cover the holiday quarter ending in December, traditionally a lucrative time period for the iPhone maker.

For the last fiscal quarter of 2014, Apple set a new record of $8.5 billion in profits on revenue of $42.1 billion, largely buoyed by massive iPhone sales reaching 39 million.

Apple offered a forward-looking statement in October, guiding revenue between $63.5 billion and $66.5 billion, with gross margins between 37.5 percent and 38.5 percent. Operating expenses are expected to be in the $5.4 billion to $5.5 billion range with an effective tax rate of 26.5 percent.

Apple's conference call for the first quarter of 2015 is schedule for Tuesday, Jan. 27 at 2 p.m. Pacific/5 p.m. Eastern. AppleInsider will cover the event live and Apple is providing a real-time audio stream through its website.