A reminder: Apple Inc. will report fiscal first quarter 2008 earnings today after market close (we expect to have the news here as soon as it is released; approximately 4:30pm EST).
Analysts surveyed by Thomson Financial estimate Apple will earn revenue of $9.47 billion and $1.62 per share. Such forecasts call for Apple’s per-share earnings to rise 42%, and revenue to climb 33% from the prior-year period.
On October 22, as Apple reported its fiscal 4th quarter results, Apple CFO Peter Oppenheimer provided guidance for first quarter of fiscal 2008, “We expect revenue of about $9.2 billion and earnings per diluted share of about $1.42.”
Apple will provide live audio streaming of its FY 08 First Quarter Results Conference Call utilizing Apple’s industry-leading QuickTime multimedia software on Tuesday, January 22, 2008, 2pm PST/5pm EST. The live audio webcast will be accessible through Apple’s website at http://www.apple.com/quicktime/qtv/earningsq108/.
Oh, is that today?
i wonder if the profit-takers will boost up the stock right before close of day and then sell off tomorrow…
what timing…..
@ drbyers
Uh, yyyyyeah.
So the fed cut the rate .75% 40 minutes ago, markets will open down 500. Apple will announce 10+ billion in rev and it won’t matter. I am going to buy Apple at 135. I love capitalism. Thank you all for staying with the stock this long, now as you are making your money back, I will be profiting. Woo Hooooo.
Despite a US economic recession, quite a few Apple Stores remain very busy.
Notably the ones located in or near major cities. So the lust is there, but the money isnt, because I see more people taking their previously paid computers from the Genius Bar instead of the storehouse.
iPhone sales seem to be doing good even after the holidays. Guess people held their breath for MacWorld and Apple disappointed, so they decided not to hold off anymore. (or it was the first of the year/end of contract sort of thing)
Apple has a lot of cash to float through tough times like this but of course that doesn’t translate into sales and profits.
I expect Apple will do good, but then because of the lack of excitement at MacWorld, the high priced MacBook Air, the lack of a new iPhone, the lack of a computer entry into the slightly less margin (but higher volume) sales arena will hurt Apple sales over the next 6 months.
People would be smart to take their profit now, wait a few months and buy again when it’s low.
I don’t own APPL, because it’s too high right now.
The stock market will likely crash hard today, because of the dollar sinking hard overseas. Then, with the markets closed, Apple will report on its holiday quarter and give guidance for the current quarter. Apple will likely report blow out earnings, but will it matter to the market? Anything is possible, so far as AAPL pricing is concerned. If I had available money, I would buy long without margin during the day and hold on for the long term.
AAPL opened down $15.00 at $147.00 This is going to be a hell of a day.
stevie jobs has successfully applied the ideology of Juche.
long live Juche………..and the father of Juche!!!!!
sudershan stfu youre a complete tool…
Read the AppleInsider article. Actually a quite fair and complete comparison. I was surprised.
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And as far as the price and battery length, I think the MBA will stack up quite nicely.
en
Here’s where the wise, in AAPL for the long term investment, will sit back and let the cowards do what they do best.
MacWorld San Francisco 2008 exhibit halls were packed from Tuesday’s opening day to the last hours on Friday. I wasn’t there in between the first day and the last hours, but I’ll assume it was equally busy. In fact, it seemed more busy on Friday afternoon, when in prior years, most vendors were starting to pack up. I guess attendees who could not make it earlier in the week left work early on Friday to make the show. This is the most upbeat mood I’ve seen in the attendees (and vendor reps). It was a lot of fun.
I just mention this because, despite the negative situation in the financial markets, Apple is poised to have its best year ever.
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Well spoken words.
So I will sit back… and relax…
I anticipate great revenue and earnings. I think the street is looking for 2M iPhone units. I think that is acheiveable and Apple said as much. Analysts surveyed by Thomson Financial estimate Apple will earn revenue of $9.47 billion and $1.62 per share. Such forecasts call for Apple’s per-share earnings to rise 42%, and revenue to climb 33% from the prior-year period.