Apple Will Announce Its Q1 Earnings For 2013 On January 23
It’s a new year and Apple has already announced the date for its first Earnings Call of the year, 2013. Last year was a pretty good year for Apple to say the least, the company launched a new taller iPhone 5, the iPad Mini, new iPod Touch and Nano, the redesigned iMac and the 13-inch Retina MacBook Pro. Despite all that, Apple’s stock fell about $200 towards the end of the year.
Apple announced the date for its first Earnings Call of 2013 on their Investor Relations page. The Quarter 1 Earnings Call for 2013 will take place on January 23 at 2:00 p.m. PT / 5:00 p.m. ET. It will be interesting to find out how Apple performed during the holiday season. The company saw good sales for the iPad Mini and iPhone 5 during Q4 2012, with a total revenue of $36 billion and profit of $8.2 billion. They sold 25.9 million iPhones and 14 million iPads, which was a lot more than what they managed in 2011.
Now, it’s time to find out how well the company performed during the Holiday season. Analysts have predicted that Apple will manage to make a lot more profit and break some of their own records. During last year’s Q4 Earnings Call, Peter Oppenheimer, Apple’s CFO stated:
“We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.”
We’ll know about Apple’s Q1 2013 results on January 23. You can also listen to the audio webcast over here.