Apple plans to host their usual quarterly webcast discussing first quarter (Q1 08) financial results on January 22, 2008 at 2pm PST / 5pm EST.
On October 22, with the release of stellar Q4 07 results (revenue of $6.22 billion, net profit of $904 million, $1.01 per diluted share), Apple guided analysts to expect revenue of about $9.2 billion and earnings per diluted share of about $1.42. Consensus analyst estimates currently expect revenue of $9.39 billion and earnings of $1.57 per share.
Although the webcast link is not yet live, we expect it to be here. (We will revise this link if necessary, when it goes live.)
I’m hoping that this means that the quarter was a blowout. I don’t remember when they did this last, if they ever did.
But, if the quarter was good, we might again expect Jobs to give the highlights at Macworld.
It’s also the 447th birthday of Sir Francis Bacon. But I don’t think there’s a connection. Or is there?
Depends, he may have returned.
Apple webcasts their quarterly results conference call every quarter, Mel.
I don’t remember ever seeing webcasts. Phone conferences, if this is the new term for that. I listen to the conference every quarter. I’m used to having it called that. Webcast conjures up a visual event, not just an audio one.
Mel:
If you go here,
http://www.apple.com/pr/
and type in “webcast” in the Search box. You’ll see links to them all.
The past 4 years, Apple has understated the actual fiscal 1st (calendar 4th) quarter by about 20% in their forecast. It’s going to be very interesting to see if the trend continues this year with the forecast being so high.
Ampar,
Mmmm, Bacon!
Ampar, I understand. I said that I’ve listened to them all.
They are usually simply described as being conference calls. That’s how I think of them. I think of webcast, as I said, as being visual, rather than just having audio.
I jumped the gun, that’s all.
But thanks anyway.
Evan, for Apple to do that this year would require a sales of $11.04 billion. I doubt that’s realistic.
The guidance of $9.2 was considered to be more daring than Apple normally is. It’s likely they will come closer to guidance this year, as they’ve been criticized for being too conservative.
If they hit $10 billion that would be wildly higher than expectations. It’s possible, but much more unlikely, as $9.2 is already much higher than last year’s sales.
“I think of webcast, as I said, as being visual, rather than just having audio.”
Ahh, got it now.
Mmmm, empiricism.
Ampar,
I sense you are trying to teach us something.
They’ll easily surpass estimates, but with the economy the way it is, who knows where the market will be in the next year.
“I sense you are trying to teach us something.”
The force is strong with this one.
“. . . who knows where the market will be in the next year.”
Another good reason for Apple to hang on to its cash. For now.
I wish I had some cash to hang onto. Or to spend. I’m irresponsible.
@Mel,
I think Apple’s historic trend of underpredicting is for earnings or eps, not revenues. So, 20% underpredicting does not mean Apple will generate $11B in sales.
More, like $1.70 per share.
This quarter’s results will be especially interesting.
First full quarter figures for iPhone sales
Apple gave a very aggressive guidance for this quarter
Increasing revenue from recurring payments from the iPhone
Bumper quarter for the Mac?
I expect Apple to beat their guidance easily by half a million revenue.
What will be the big surprise is the significantly higher profit.
I’m hoping Apple will post $2 bucks profit per share.
You heard right, Webcast! It will be via AppleTv and that will get more people to buy AppleTv. And also movie rentals will be distributed with the torrent technology.
Developers interested in building apps for the iPhone will buy their first Mac this year, and that will also lead to more Mac OS X native apps. Just you wait!
KenC, they always predict revenue. The prediction for this past quarter was $9.2 billion.
DogGone, you mean by half a billion, don’t you?
$2 is a pretty far out number. I wish you would be right.
AppleTv, that’s probably true.
Mel, yes, but the 20% underpredicting has NOT been revenue. It has been related to earnings. So, the $11B you cite as Apple needing to meet its historical overperformance is wrong. It’s not 20% better revenue, but 20% better than expected earnings.
I’m trying to be nice, but if you’re going to try to correct people when you’re WRONG, then you deserve the crap you’re getting.
Then you are going to explain better, because I think we can all agree that Apple’s prediction of $9.2 billion in revenue for the quarter was just that. They also predicted, I think it was, $1.47 per share earnings.
I’m not saying that they have to meet an $11 billion revenue target.
But, I really don’t understand what you’re saying. Are you saying that when they gave the guidance for this quarter, they DIDN’T give $9.2 billion as expected revenue? Because that would be wrong.