Apple 2010 Third Quarter Earnings Conference Call Tomorrow

 In Apple

Tomorrow afternoon at 14:00 PDT and 17:00 EDT Apple (NASDAQ:AAPL) will announce its 3rd Quarter (Q3) Earnings for 2010. Apple (AAPL) has adopted a new accounting practice with regards to the iPhone, due to changes in US regulation, and instead of holding some iPhone earnings back based on a subscription model, it now accounts for them as they go along. It is also selling a lot more devices that are not on contract anyway.

Adjusting the figures from last year Apple generated about $2.00 per share, on revenues of around $10 Billion. This year the prediction is for $3.00 per share and revenues of $15 Billion.

This new accounting practice may be one reason that the markets have seen AAPL slide back to almost $240 per share today. Another may still be uncertainty over the iPhone 4 reception issue.

For those who want to listen in there is a live webcast of the event.

WEBCAST: Apple will provide live audio streaming of its FY 10 Third Quarter Results Conference Call using Apple’s industry-leading QuickTime® multimedia software. The live webcast will begin at 2:00 p.m. PDT on July 20, 2010 at and will also be available for replay for approximately two weeks thereafter. Viewers simply need a copy of QuickTime, available for download from, to listen to the conference call.

Are you expecting Apple to beat analysts expectations or fall short? Make your guess in the comments…



Recommended Posts
Showing 3 comments
  • Keepitfair

    They'll beat estimates like before. You have to recall the huge run-up prior to June and how store traffic had increased with people interested in the iPad and phones. This traffic had a solid effect on in store sales of their other products, according to employee interviews.

  • bugsy

    absolutely, showing will be strong. downturn is fickle and temporary, going to 300

Leave a Reply

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search