Tuesday, April 3, 2012

Apple announces earnings Q2 2012 for April 24

Apple will let us know on April 24 whether it's doing fabulously, pretty darn well, or -- the horror -- just so-so.

That's when the company will reveal its revenue and earnings for its second fiscal quarter, the one in which it released its new iPad. Consumers scooped up 3 million of those devices in the first weekend alone, in what Apple called "the strongest iPad launch yet." Not too shabby for a tablet that has come to define and dominate the marketplace and popular perception.



Apple plans to conduct a conference call to discuss financial results of its second fiscal quarter on Tuesday, April 24, 2012 at 2:00 p.m. PT

As is customary with its earning calls, shareholders and press will be able to listen to the call live via the Apple website, allowing iPhone, iPad and iPod touch owners to listen using their devices if they run iOS 4.2 or above, and of course via a Quicktime-enabled computer.

On January 24, Apple released its earnings for its first fiscal quarter of 2012. Apple’s revenue amounted to $46.33 billion, with earnings of $13.87 per share and net profit in Q1 was $13.06 billion. The numbers destroyed industry estimates across the board in every area of hardware sales and profitability aside from iPods.

Apple sold 37.04M iPhones, up 128% year over year, and 15.43M iPads this quarter, up 111% year over year. Apple sold 5.2M Macs during the quarter, bringing sales up 26% when compared to the same quarter a year ago. iPod sales were down 21%.


Apple's shares are trading at around $630 this morning. The company's stock crossed the $400 barrier just at the end of 2011, and it hasn't looked back since.

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