Apple’s conference call to discuss fourth fiscal quarter results is scheduled for Tuesday, October 27, 2015 at 2:00 p.m. PT / 5:00 p.m. ET.
As usual, we expect earnings results after market close, right around 1:30pm PDT / 4:30pm EDT.
We’ll bring you the results as soon as they are available and follow that up with live notes from Apple’s conference call. Check our home page around 4:30pm EDT for the results and around 4:45pm EDT for the link to our live coverage.
You can listen to Apple’s conference call live via this link on October 27th here.
MacDailyNews Note: On July 21, 2015, Apple provided the following guidance for its fiscal 2015 fourth quarter:
• revenue between $49 billion and $51 billion
• gross margin between 38.5 percent and 39.5 percent
• operating expenses between $5.85 billion and $5.95 billion
• other income/(expense) of $400 million
• tax rate of 26.3 percentLive streaming uses Apple’s HTTP Live Streaming (HLS) technology. HLS requires an iPhone, iPad, or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a PC with Edge on Windows 10.
Well MDN did not put in their wonderful take how much the stock would drop after the call. I’d go for between 1-2% myself, still over 100$ per share.
And as usual – expect the stock to go severely down after earning – regardless of what they report – trust me I’d like to eat my words being a long time stock holder, but this is simply the repetitive history.
Unfortunately true. You can pretty much be assured that Apple will fall on large volume of news, good or bad. I believe the algorithms used by hedge funds and high frequency traders are based in large part on the volume of news. The earnings call always generates lots of media attention so virtually guarantees a drop in price.
If Apple reduce share repurchase and increase dividend to say $6pa then no way shares will drop. % yield will go up so share price will go up. Simple.