Apple has announced the date and time of the company’s fiscal year 2017 first quarter (2016 holiday quarter) earning release and conference call.
Apple’s conference call to discuss Q117 results is scheduled for Tuesday, January 31, 2017, at 2pm PDT / 5pm EDT. The company will announce results that day after market close, typically right around 1:30pm PDT / 4:30pm EDT. As always, we’ll bring your the results as soon as they are available (simply check our home page at 4:30pm EDT on January 31st).
We plan to cover the conference call with live notes as usual. That link will appear on our home page around 4:45pm EDT earnings day.
Apple will provide live audio streaming of its Q117 Results Conference Call using Apple’s HTTP Live Streaming (HLS) technology. The live webcast will be found at www.apple.com/investor/earnings-call/ and will also be available for replay for approximately two weeks thereafter. Live audio streaming requires an iPhone, iPad or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a crappy Windows 10 PC with Microsoft Edge.
MacDailyNews Note: On October 25, 2016, Apple provided the following guidance for Q117:
• revenue between $76 billion and $78 billion
• gross margin between 38 percent and 38.5 percent
• operating expenses between $6.9 billion and $7 billion
• other income/(expense) of $400 million
• tax rate of 26 percent
Get ready for an historical report. And, as always, a spectacular AAPL dip.
Advise :
-Sell 1 or 2 days before.
-Buyback at discount
-Watch it grow
-Laugh again
-Rinse repeat
Those WS motha have us in their pan… Play their game and stay calm.
You might consider a straddle, where you buy calls and puts on the assumption that the stock will swing big, either way.
It puzzles me that Apple continues to play into the hand of the WS gambling houses. I suspect the pump and dump game would end if Apple would do some very simple things.
Presenting actual financial results for each and every product line would cut through a significant amount of FUD, or if not it would expose Cook’s incompetence and result in a superior user-focused CEO.