Apple to Announce 2Q 2012 Earnings on April 24

As an analysist I predict apple will have made a crap load of money.

I also see a new iPhone in the common months that may or may not have a larger screen.

Think I nailed that

Product Releases?

Tangental, but relevant: Doesn't Apple typically hold off on product updates/releases in the weeks preceding earnings calls? If so, would this mean late April/early May releases for the rumored iMac/MacBook Pro updates (even Mac Pro*)?

*Custom Sandy Bridge E5 systems are starting to show up. I'm getting antsy to upgrade.

Seems like they just reported Q1. Time flies when you're making money!

So soon already? Seems like only a quarter of a year ago that Apple announced their Q1 earnings.

Q2 Results: We made even more money! That sure wasn't expected! =D

Kick back, relax, and watch your AAPL shares fly.

Wirelessly posted

*Dr. Evil voice*

"One millllllion dollars......"

MacRumors said:

The company previously announced that the device sold three million units in its first four days of availability

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Something I'd like to know: how many of those were sold to resellers & scalpers vs. how many actually ended up in the hands of the end user.

guzhogi said:

Something I'd like to know: how many of those were sold to resellers & scalpers vs. how many actually ended up in the hands of the end user.

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Many of those were returned after the scalpers failed to sell them off.

apple: "... we just made truckloads of money... selling every ipad and iphone we make... extremely happy..."

see, i am an analyst too.

Viper2005 said:

Many of those were returned after the scalpers failed to sell them off.

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I don't know who down voted you... this is true. But probably a small percentage

Mad Mac Maniac said:

I don't know who down voted you... this is true. But probably a small percentage

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I agree - a very, very, small percentage.

I know Apple has been having hard times lately, I hope they do better this time around. People call me silly, however, I keep holding on to my Apple stock, in the hopes that it recovers some of it's value.

lolwut?

RalfTheDog said:

I know Apple has been having hard times lately, I hope they do better this time around. People call me silly, however, I keep holding on to my Apple stock, in the hopes that it recovers some of it's value.

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Yawn...

conigs said:

Tangental, but relevant: Doesn't Apple typically hold off on product updates/releases in the weeks preceding earnings calls? If so, would this mean late April/early May releases for the rumored iMac/MacBook Pro updates (even Mac Pro*)?

*Custom Sandy Bridge E5 systems are starting to show up. I'm getting antsy to upgrade.

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No, Apple has announced new product a day after an earning announcement at least once before.

What they won't do is announce new product the same day or the day before (which is typically a Monday and thus not a usual product announcement day anyhow) an earnings announcement. Note that Oppenheimer (CFO) and Cook (CEO) have repeatedly deflected any inquiries about upcoming products during the analyst calls.

Nothing can be deduced from this earnings announcement apart from the fact that there will be no product announcement on Monday the 23rd nor Tuesday the 24th.

This just in, Analysts predict Apple will have turned a profit.

RalfTheDog said:

I know Apple has been having hard times lately, I hope they do better this time around. People call me silly, however, I keep holding on to my Apple stock, in the hopes that it recovers some of it's value.

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Next time, you might want to include a sarcasm indicator. If you are serious, you aren't making any sense.

guzhogi said:

Something I'd like to know: how many of those were sold to resellers & scalpers vs. how many actually ended up in the hands of the end user.

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Seeing as how iPads were being back-ordered after the first week, I'd say all of them were in the hands of users.

When they give earnings guidance they normally under state and over deliver. Also they typically are supply challenged on launch so the initial impact of a release on earnings is light. However this time around they seem to have had sufficient supply to deliver initial orders before the 2 week time to quarter end. I think they declare it sold on shipment. Further they rolled out to international markets within the quarter and also with plenty of launch supply so supply shortages simply didn't make much news. Scalpers were even returning iPads!

Therefore I am going to predict that the amount of iPad sales that will be counted in the quarter will have an upside surprise since past estimates by Apple and the top 4 most accurate analysts presume supply shortages.

We won't know till April 24, and the overall stock market has already rolled over, so consider taking profits and look to make new stock purchases around the day of the release. The stock is due for a healthy correction anyway.

Rocketman

Viper2005 said:

Many of those were returned after the scalpers failed to sell them off.

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Website is still showing "1 - 2 weeks for orders." The iPhone is showing as "in stock" and I ordered a Mac Mini (with upgrades) last Sunday night and it arrived from China on Friday morning.

I'm guessing the returns aren't really very significant in the scheme of things - just ends up giving a supply of "refurb" units for warranty exchanges.

You know, there's going to be a time when Apple has to announce that a quarter is no "record-quarter" soon.

I just wonder how everyone will react to that....

Wirelessly posted

Would this make the stock rise more???! 0.o

Seems like to me Applet needs to have a big 2012 year, or else this stock will be falling down the drain