Apple Inc. (AAPL) to announce Q3 FY12 Earnings on July 24
Apple Inc. (AAPL) recently updated its ‘investor relations’ webpage to announce that the company will conduct a conference to discuss Q3 FY12 Earnings on July 24. The live conference call will be held at 2 PM Pacific / 5 PM Eastern time. The call will later be available for streaming via QuickTime through Apple’s website.
AAPL has been reporting record quarters each year with sales of iPhone on the rise and outstanding sales figures of its tablet computer. During last quarter Apple Inc. reported revenue of $39.2 billion and quarterly net profit of $11.6 billion. The company sold 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods in the quarter representing 88% growth for iPhone sales and 151 percent increase for the iPad.
Apple’s CFO, Peter Oppenheimer, during the end of the conference call added, “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”
The third quarter revenue hasn’t seen introduction of any new hardware while on the other hand iPhone sales are expected to slow down as users anticipate the launch of next gen iPhone 5. However, the new iPad 3 has been added to a number of new countries and the Cupertino based company is expected to report impressive sales figures for its tablet computer.
Moving forward Apple is expected to see higher growth in its Mac hardware products as with the introduction of MacBook Pro with Retina Display the company has shown its commitment to remain aggressive in the notebook business. The availability of MacBook Pro with retina display on Apple’s online store moved up to 3-4 weeks shipping time shortly after its release suggesting fast adoption rate among users. Although, Apple hasn’t released any public sales figures for the next gen MacBook Pro.
Apple’s upcoming software releases for OS X and iOS are also worth mentioning as the OS of both the platforms continue to merge. Mountain Lion for OS X will be made available to users later this month exclusively from Mac App Store and iOS 6 is expected to be made available later this fall.