Apple will hold its quarterly earnings call to announce results on October 28th, as noted on Apple’s investor website. Typically, Apple’s CEO Tim Cook and CFO Peter Oppenheimer will read prepared statements about the company’s performance, before opening the call to a question and answer session for analysts. The call will begin at 2PM Pacific / 5PM Eastern time. Apple will publish a press release reporting their results about half an hour before the call is due to begin.
Apple has just posted their FYQ4 earnings prior to their call at 5 PM. Apple is reporting a quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion — both records for the company. Apparently, investors don’t like records. The stock is down over 5% or 22 points in after hours trading.
Apple also announced that they sold in Q4:
4.89 million Macs
17.07 million iPhones
11.12 million iPads
(only) 6.62 million iPods
…Records for both Macs and iPads. The only decline across the board was 6.62 million iPods for Q4, a 27 percent unit decline from Q3 2010.
Apple is now over $100 billion in revenue for fiscal 2011. International sales contributed to 63% of this quarter’s earnings. Tim Cook and Peter Oppenheimer’s thoughts?
“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”
“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”
