Apple's 1Q 2008 Conference Call Today

[MacRumors]

Apple will be announcing their financial results for their first fiscal quarter of 2008 (4th calendar quarter of 2007) and answering questions during a conference call today at 2PM PT, 5PM ET. As usual, the call will be webcast live via QuickTime.

Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties, and that actual results may differ materially from these forward-looking statements. For more information on the factors that could influence results, please refer to Apple’s SEC filings.

Last quarter included consumer holiday purchasing. Apple had updated all of its iPods in September and the MacBook in early November prior to the holiday shopping period.

See Also: 1Q 2007 Results ($1 Billion Profit)

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[Stridder44]

Obligatory "NEW MBP's @!#$%@!$# COME ON!!!".

[Macmaniac]

Hopefully it gives the stock a lift, the market got hammered this morning and APPL lost $15. Tough times they are.

[twoodcc]

looking forward to the good news!

[tothelimit]

Originally Posted by twoodcc

looking forward to the good news!

i hope it's good news. all throughout the holiday season i kept hearing reports of how retail spending was so poor. but contrary to that - every time i walked by the local apple store it was SWAMPED.

i guess we'll see at 5.

[macdaddy121]

Originally Posted by Macmaniac

Hopefully it gives the stock a lift, the market got hammered this morning and APPL lost $15. Tough times they are.

Yeah, but now it is only down $2.....I missed out this morning. I swore I would buy more once it went below $150 and I decided to sleep in and come to work late today.....got here in time to see it around $153....

[erandall38]

Originally Posted by macdaddy121

Yeah, but now it is only down $2.....I missed out this morning. I swore I would buy more once it went below $150 and I decided to sleep in and come to work late today.....got here in time to see it around $153....

Do you mess with options at all?

[Stike]

Steve, new MacBook Pro at 2.8 GHz with decent Gfx card and I´ll buy!!!

[milo]

Originally Posted by macdaddy121

Yeah, but now it is only down $2.....I missed out this morning. I swore I would buy more once it went below $150 and I decided to sleep in and come to work late today.....got here in time to see it around $153....

Sounds like you need to learn about limit orders.

Originally Posted by MikeTheC

Of course, if the Stevenote had been a bit better and had better product releases to have introduce, it might not have been smacked down like that.

Hard to tell if you're being sarcastic. In case you're not, the main reason for the stock drop is the huge drops in the broader markets. Pretty much all stocks have been in the toilet the last couple weeks, and many fear this is the start of a recession. But I do agree that this is a great buying opportunity.

[Prom1]

Looks like Headline News is SERIOUSLY banking on Apple's results today.

Its like it'll be the benchmark of financial economy, if their forecast is lower than expected - then the 'bears' will have their day, month!

[MacTO]

Originally Posted by Macmaniac

Hopefully it gives the stock a lift, the market got hammered this morning and APPL lost $15. Tough times they are.

That's what I wish... People have lost too much money already.

Cheers!

[zedsdead]

Someone needs to ask why no HD on iTunes, only Apple TV and why the content can't be transferred or purchased for that matter. Paying $5.00 for a movie and having it locked in place is rediculous.

[GregND]

I didn't get in at the low I did buy at $155. It's going up ($158 now) and should rise more tomorrow after the financials come out.

Thank you recession! I've been waiting for this dip for a while.

[Pandaboots]

It's amazing how much effect the US economy has on the world economy. Every major stock market sold off yesterday in speculation of the US economy going into recession. These are indeed bad economic times for all of us. Apple is in the economic spotlight and with more pressure than ever. Apple's earnings call today can and will affect worldwide markets. I really hope their revenues and profits are as good as I'm hoping they will be for all of our sakes. I think if people see that a tech/retail company can do well during this uncertain times, then all hope isn't lost. ***crossing fingers***

[samh004]

As usual investors will ask about things and Steve will say that Apple doesn't comment on unreleased products. Wonder what their profit will be ?

Do you think they'll release AppleTV unit sales ?

[aosman]

I want to see the effects of worldwide (meaning European) iPhone sales

[inkswamp]

Normally I have no interest in these financial calls, but out of curiosity, didn't Steve say at Macworld that the 4M iPhone sales figure didn't include holiday sales? Does that mean this call today will include updated numbers and a more up-to-date sales figure for the iPhone?

[erandall38]

Originally Posted by inkswamp

Normally I have no interest in these financial calls, but out of curiosity, didn't Steve say at Macworld that the 4M iPhone sales figure didn't include holiday sales? Does that mean this call today will include updated numbers and a more up-to-date sales figure for the iPhone?

Is this for real?
That would be killer if it did not include holiday sales.
Anyone have a source for this, either way?

[Project]

Originally Posted by inkswamp

Normally I have no interest in these financial calls, but out of curiosity, didn't Steve say at Macworld that the 4M iPhone sales figure didn't include holiday sales? Does that mean this call today will include updated numbers and a more up-to-date sales figure for the iPhone?

No, it *did* include holiday sales.

However, the chart he showed giving iPhone 20% US Smartphone share was based on the latest Gartner (I think) information, which was for the first quarter of iPhone sales (so thus not including the holiday period, as this information isnt available yet.

[BillyShears]

Originally Posted by samh004

As usual investors will ask about things and Steve will say that Apple doesn't comment on unreleased products.

In 2006, Peter Oppenheimer made the following comment on the Apple conference call:

"As regards cell phones, we don't think that the phones that are available today make the best music players. We think the iPod is. But over time, that is likely to change. And we're not sitting around doing nothing."

... Basically confirming the iPhone, which was announced in January 2007.

So, conference calls can, in fact, deal with unreleased products. Usually they don't, but it's not unprecedented.

[happydude]

opening trade numbers for tomorrow should take a jump after the bell since the conf call begins at 5 EST, so if yer lookin to buy, get in today while it's still relatively low

[lazyrighteye]

Brace yourselves.

[EagerDragon]

Let's see:
Apple stock takes a dive, while sales were well above expectation, iPod sales where a sly bit below expectations. Everyone then predicts that Apple can not continue their upward swing, as such the stock drops.

Just like last quater.

[macsforme]

The buyer's guide link for the MacBook seems to point to the contributer's-only section, and not the public section. I got a weird error when I clicked it...

[IJ Reilly]

I wouldn't even try to predict how AAPL will move today. The conditions within the broader market will be the controlling factor. No matter what the numbers show, the markets are in a black mood and they are thinking less about now and more about six months down the road.