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Apple to host Q3 earnings call on July 25th

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.

by MacNN Staff




  1. GORDYmac

    Joined: Dec 1969



    Apple mentioned that they would be realizing revenue from AppleTV and iPhone over the relative life span of the product--subscription based accounting--due to enancements that would be added in the future. Doing so precludes legal issues and the prossibility of requiring a fee for users to have the new feature, e.g., the nominal fee people had to pay to unlock the N hardware they already had in their Macs.

    It has very little to do with AT&T. I'm sure any money coming from AT&T--aside from retail revenues--will be posted as they are received.

  1. LouZer

    Joined: Dec 1969


    Re: huh?

    But doesn't the fact that they are getting subscription revenue from AT&T also part of the rationale to change the model. Same goes with the hope of rental revenue for the AppleTV.

    The only type of enhancement Apple ever did the stupid nominal fee for was the N update. This was, supposedly, because they enabled a HARDWARE feature that wasn't fully enabled previously. yet the hardware was included, so exactly why it was a problem is beyond most people's interpretations. All hardware needs software to work. Producing an update to the software to make it work better should not magically cause it to require a paid upgrade to bypass legalities. Otherwise, you could argue any change to the software causes an enhancement to the hardware.

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