“Shares of [Apple Inc. – AAPL], the Cupertino, Calif., company are up slightly as the company prepares to report third-quarter earnings after the markets close Tuesday,” Brett Molina reports for USA TODAY.
“Analysts are forecasting quarterly revenue [of] $35 billion with an earnings-per-share of $7.30,” Molina reports. “Investors are seeking fresh reasons to get excited about Apple stock, which has slowly plummeted after soaring to an all-time high of $702 last September.”
Read more in the full article here.
MacDailyNews Note: Apple has provided the following guidance for its fiscal 2013 third quarter:
• revenue between $33.5 billion and $35.5 billion
• gross margin between 36 percent and 37 percent
• operating expenses between $3.85 billion and $3.95 billion
• other income/(expense) of $300 million
• tax rate of 26%Apple will provide live audio streaming of its Q313 Third Quarter Results Conference Call using Apple’s industry-leading QuickTime multimedia software. The live webcast will begin at 2:00 p.m. PDT on Tuesday, July 23, 2013 at www.apple.com/quicktime/qtv/earningsq313 and will also be available for replay for approximately two weeks thereafter. The webcast is available on any iPhone, iPad or iPod touch running iOS 4.2 or above, any Mac running OS X 10.5 or above or any PC running QuickTime 7 or later.
As usual, MacDailyNews will provide live notes of Apple’s Q313 conference call today at 5pm EDT. Check our home page for the link later today at approximately 4:45pm EDT.
Nice move reminding everyone exactly what APPLE is forecasting.
Come on , I need bullshitters to push AAPL down now , I want to load up tonight !
Poor Apple. If quarterly earnings slip even a little the conclusion is Apple is in a financial free-fall. If profits increase slightly then profits are less than expected and Apple is in dire straits. If profits are flat Apple is in the doldrums.
Are you describing your own state of being?
Read the post again, slowly, carefully. Maybe you can answer your own question if you take the time to thoughtfully consider what I wrote. Pulling your fanboy head out your ass might help, too.
I was right!
If big investors have loaded up their AAPL from those stupid investors who gave up Apple , then AAPL will soar no matter what .
Apple’s report could be stellar but AAPL will still go down because ….
I bet Apple margin guidance for next quarter would be 41-43 % as iPhone 5s will no doubt have a better margin as production costs improve !!
Wake up people , don’t believe those bullshits about iPhone 5s which faces production difficulty .
My Bold Prediction based on results from Verizon.
Apple will beat high end of their guidance (iphone 5 sales will be healthier than anticipated).
If Apple goes outside of their guidance range, they better have a really good excuse for the inaccuracy. The whole point of Apple’s new system, as they’ve explained it, is earnings are supposed to actually be inside their guidance range. If it fails, Wall Street will assume Apple has gone back to lowballing their estimates and start making up their own guidance again.