Wednesday, April 22, 2009
Apple Earnings Report Due Out Today
Posted by Jeff Campbell in "Apple News" @ 12:00 PM
"Does Apple have one more earnings surprise up its sleeve? This week will supply a telling sign of the tech industry's economic health. Intel hinted last week that the worst was over, while Google was more cautious. Now, all eyes will be on reports from a parade of tech bellwethers--including Microsoft, Yahoo, Amazon, and IBM--for signs that the tech economy is indeed on the road to recovery."
Apple has had pretty good news so far this year, so the conjecture is that it will continue. They are expected to report revenue in the $7.8 Billion USD range, and per share earnings of $1.09 USD. The article breaks down the sales in each of the categories of products that Apple sells, based on information from analysts from Piper Jaffray.
If you want to listen in, head on over to Apple's Investor Relations site to eavesdrop.