Apple earnings call today

Day Traders, today is the last chance to get your low bids in on Apple stock before the earnings call.  While it is hard to get excited for a financial report, sometimes Tim Cook and Peter Oppenheimer will let out a coded morsel or two of future product plans.  So we’ll be listening…and trying not to dose off.

The wild card today is iPhone sales for the quarter.  Analysts are saying anywhere between under 4 million to over 8 million.  It will be interesting to see who is right and who should get a pink slip.

Other figures expected to be released:

  • Revenue: 8 Billion plus or minus 1/2 billion
  • Earnings per share: $1.00 – $1.25
  • Gross Margins: 30-35%
  • zzzzzz..Who!?, what?!
  • iPods: 10-11 million
  • Macs: 2.7 – 2.9 million

We have absolutley nothing to go by here and are just picking this out of the blue, but we think with the latest marketshare analysis (Apple near 10% in the US), we might see Apple’s first 3 million unit Mac quarter.

Then Apple will guide lower for the next quarter and the stock price will drop.  Deja Vu all over again.

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