updated 10:10 am EDT, Wed July 11, 2007
Apple Q3 report July 25th
Apple has announced that it will host the call for its third-quarter earnings report on July 25th. While recent reports suggest that the company should do fairly well, some newly introduced factors may skew the exact figures. The most anticipated of these may be results from the iPhone, but due to its June 29th release date, only revenues from the first three days of sales can be counted. Furthermore, accounting for both the iPhone and the Apple TV is set to be handled differently: Apple is aggregrating the results over a two-year period, this mainly because of the subscription revenues it expects from AT&T.
Factors that should generally buoy Apple's income include the new, LED-based MacBook Pros, and the release of Final Cut Studio 2. There has also been little sign that the growth of Mac and iPod sales is about to slow; in the second quarter, the two rose 36 and 24 percent, respectively, over performance in the same quarter of last year.
Apple's chief financial officer, Peter Oppenheimer, is said to be providing fairly conservative guidance. "Looking ahead to the third fiscal quarter of 2007, he says, "we expect revenue of about $5.1 billion and earnings per diluted share of about $.66." Notably, this compares to real results of $5.26 billion for the last quarter, with $.87 per diluted share.