Apple yesterday updated its investor relations page to note that it will announce its earnings for the second fiscal quarter (first calendar quarter) of 2013 on Tuesday, April 23. The earnings release typically occurs just after 4:30 PM Eastern Time following the close of regular stock trading, and the conference call is scheduled to follow at 5:00 PM Eastern / 2:00 PM Pacific.
GeekWebGuides will provide running coverage of the earnings release and conference call.
The release will provide a look into the strength of iPhone 5 and iPad mini sales into their second quarter of availability amid reports of weakening sales at the company. Apple's stock has taken a bit of a beating in recent months with Goldman Sachs dropping AAPL from its 'conviction list' and continuing concerns about Apple's ability to innovate without Steve Jobs. Apple's stock is off nearly 15% since last quarter's earnings call.
Apple reported strong results three months ago with iPhone and iPad sales both up significantly year over year.
Last quarter Apple changed how it provides guidance, choosing to offer a range of guidance for what the company believes it can achieve, rather than a point prediction. Apple provided guidance for the second quarter of fiscal 2013 for revenue of between $41 and $43 billion and gross margin between 37.5% and 38.5%.
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