Apple Inc. reports earnings for the 2008 holiday quarter, its fiscal first quarter (Q109), on Wednesday after the market closes. Look for earnings here at MacDailyNews are soon as they are released; we expect to have them right around 1:35 PST/4:35pm EST/9:35pm GMT.
Following the earnings release, Apple will hold their Q109 financial results conference call with analysts which we plan to cover with our usual live notes startign at 3pm PST/5pm EST/10pm GMT.
On October 21, 2008, Apple CFO Peter Oppenheimer guided with, “Looking ahead, visibility is low and forecasting is challenging, and as a result we are going to be prudent in predicting the December quarter. We are providing a wide range for our guidance, targeting revenue of $9.0 to $10.0 billion and earnings per diluted share between $1.06 and $1.35.”
Analysts surveyed by Thomson Reuters forecast income of $1.39 per share on $9.74 billion in revenue.