Tag: q2

Apple will release its second quarter financial results at around 4:30 p.m. ET today. Analysts surveyed by Thomson First Call estimate that Apple will earn 24 cents a share on $3.25 billion in revenue. A conference call discussing the earnings will be streamed live via QuickTime.

As noted in our highlights of Apple’s Q1 financial results conference call, Apple CFO Fred Anderson said he expects second quarter earnings of 8 to 10 cents per share on revenue of $1.8 billion. Analysts previously estimated Apple would earn 7 cents a share on sales of $1.71 billion. According to Reuters, profit forecasts ranged from 5 cents to 12 cents. “The outlook is positive for the March quarter,” Anderson said. Read More