Apple Set to Release Q1 2010 Financial Results on January 25th
Apple today issued a media alert announcing details for the January 25th release of its financial results for the first fiscal quarter of 2010, corresponding to the fourth calendar quarter of 2009. The results will be released after the close of trading on Monday at approximately 4:30 PM Eastern / 1:30 PM Pacific. Apple's conference call discussing the results will follow at 2:00 PM Pacific and will be available via a live audio webcast. GeekWebGuides will provide running coverage of the conference call highlights.
Apple issued several Mac product releases during the quarter, updating its MacBook, Mac mini, and iMac lines in mid-October. At the same time, Apple introduced its multi-touch Magic Mouse. The period also marked the first full quarter of sales since Apple refreshed its iPod line near the end of the previous quarter.
For the quarter, analysts are predicting net earnings of $2.06 per share on revenue of $12.05 billion, above Apple's guidance of $1.70-$1.78 profit on $11.3-$11.6 billion of revenue. Apple's year-ago results for the first fiscal quarter of 2009 included net earnings of $1.78 per share on revenue of $10.17 billion.
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