Apple to Announce Q2 2013 Earnings on April 23

Discussion in ' News Discussion' started by MacRumors, Apr 2, 2013.

  1. macrumors bot


    Apr 12, 2001

    Apple yesterday updated its investor relations page to note that it will announce its earnings for the second fiscal quarter (first calendar quarter) of 2013 on Tuesday, April 23. The earnings release typically occurs just after 4:30 PM Eastern Time following the close of regular stock trading, and the conference call is scheduled to follow at 5:00 PM Eastern / 2:00 PM Pacific.

    MacRumors will provide running coverage of the earnings release and conference call.

    The release will provide a look into the strength of iPhone 5 and iPad mini sales into their second quarter of availability amid reports of weakening sales at the company. Apple's stock has taken a bit of a beating in recent months with Goldman Sachs dropping AAPL from its 'conviction list' and continuing concerns about Apple's ability to innovate without Steve Jobs. Apple's stock is off nearly 15% since last quarter's earnings call.

    Apple reported strong results three months ago with iPhone and iPad sales both up significantly year over year.

    Last quarter Apple changed how it provides guidance, choosing to offer a range of guidance for what the company believes it can achieve, rather than a point prediction. Apple provided guidance for the second quarter of fiscal 2013 for revenue of between $41 and $43 billion and gross margin between 37.5% and 38.5%.

    Article Link: Apple to Announce Q2 2013 Earnings on April 23
  2. macrumors member

    May 30, 2007
    Regardless of the news, cue massive stock slump...
  3. macrumors 68000


    Mar 7, 2012
    you know what would be great ? that apple report another record breaking quarter and the stock would drop again. :rolleyes:
  4. macrumors 6502a


    Jul 23, 2009
  5. macrumors 68020


    Nov 17, 2012
  6. macrumors 6502

    Sep 22, 2009
  7. macrumors 68020


    Jun 18, 2009
    FEMA Region VIII
    A day in the life of Apple's current executive management team... Count our money... File lawsuits... and if there is any time left over for developing innovative news products... ah screw it, that can wait.
  8. macrumors regular

    Sep 29, 2011
    Apple called the "JC Penney of tech" this morning by Jim Cramer. I'm sure Tim Cook will issue an apology shortly.
  9. macrumors 603

    Jan 20, 2010
    It's been almost 6 months since the last Apple product event (Oct. 16th), they need to announce something new soon!
  10. macrumors 65816

    Jan 16, 2010
    Kennesaw, GA
    Just invested a bunch of my $$$ into AAPL... Hoping for an unexpected quarter, increased dividends, or split announcement! I know the latter is very unlikely. Lol
  11. macrumors 6502a

    Feb 18, 2008
    IIRC Apple announced WWDC dates the day after their Q2 2012 earnings. I think they often announce things the day after earnings so we may hear some news on the 24th.
  12. macrumors 604


    Mar 26, 2008
    i smell bad iPhone numbers over here in Europe.

    i know i know own experience doesnt mean anything but all i see is Samsung nowadays and people seem to have a strong opinion on the new HTC One as well.

    im the only one of my close 8 friends to still have an iPhone :eek: it used to be all iPhones

    maybe announce 10.9 and iOS7 on the same day to keep all those analysts calm ;)
  13. macrumors newbie

    Mar 7, 2013
    Hahaha brilliant, exactly as I picture it.
  14. macrumors regular

    Mar 28, 2011
    I guess iphone 5 and ipad mini will crush competition.
  15. macrumors 6502a


    Jan 21, 2013
    So you just gambled a bunch of your money hoping for great results and in hopes for some profit without any analysis or sound judgement?

    Way to carelessly throw your money away.

    Might as well play the lottery and buy tickets equal to the amount of a share of Apple.


    He said that? Ouch.
  16. macrumors G5


    Nov 14, 2011
    When has Apple had good iPhone numbers in Europe? :confused:
  17. macrumors member


    Jun 10, 2012
  18. macrumors 68020

    Apr 26, 2003
    Sadly, that resonates with me. The Board of Directors is in coast / maintenance mode. The Chair commented that the Board's main job is hiring / firing the CEO. Apple has lost 40% of its market cap since September - 7 months of dismal stock performance and still sliding. Stock price IS a major component of the Board's responsibility - returning value to the owners (shareholders). Cook at the helm is increasingly bad news. The Board needs to wake up and get a plan in place to solve the problem(s).
  19. macrumors regular

    Nov 22, 2012
    Please stop using the word "innovation" ..90% of you dont know what the frik it means
  20. macrumors 6502a

    Feb 27, 2012
    Chandler, Arizona
    This is a bigger deal than people think. Apple makes better gear than, say, Samsung... but when Apple goes long enough without putting anyone in the batter's box, even Samsung's blatant gimmickry is capable of manufacturing enough runs to build a lead.

    - Where's the Mac Pro we were promised? (The "something great" Cook promised that was clarified to Pogue as a new Pro)
    - Where's the new-iMac-style ATD refresh with USB3 ports in it?
    - I know all the iDevices are only 6 months old, but an annual refresh is a tough row to hoe in the mobile world right now, so if Apple wants to stick to that, what else are they going to do to shore up the category?
    - When will the iPod Classic finally be **** or gotten off the pot for?
    - AppleTV: Let's have apps, let's be able to watch iTunes Extras please
    - Um shouldn't we be talking about OS X 10.9 Ocelot and/or iOS 7 by now?
    - iWork 2009, Four Years Out Of Date and Running Strong!

    Apple is off the hook for the following only because we know that Haswell isn't out yet, though a spec bump wouldn't go unappreciated:
    - Mac Mini
    - MacBook Air
    - MacBook Pro non-retina, or EOL of same

    Apple is sorta-semi-off-the-hook for the following because obviously they are still being bought as quickly as they are made:
    - iMac

    GET IT TOGETHER, APPLE. Long periods of silence may work to your advantage as a defendant in a criminal trial. They work to your disadvantage in a vibrant technology marketplace. Guess which one you are?
  21. macrumors 65816

    Jan 16, 2010
    Kennesaw, GA
    No, I didn't just gamble a bunch of my money "hoping for great results and in hopes for some profit without any analysis or sound judgement". I thought very hard about it and looked at a large number of variables.

    Apple is a company with incredible sales, an outrageous amount of cash, $0 debt, a huge following, and impeccable timing for releasing products. Let's examine the last point I made. Apple COULD potentially release a new product (whether it be an entirely new product like the iPad or a better version of something that already exists like the iPod) but instead they choose to wait an average of about 3 - 3.5 years between each. Take a look:

    iMac - 1998
    iPod - 2001
    AppleTV - 2006
    iPhone - 2007
    iPad - 2010

    That puts us in the 2013 - 2014 time frame for a new, innovative product to be released... if you are looking at historical launches, of course. Obviously I can not guarantee this will happen but with the rumors of some sort of a watch, a TV (maybe a much better AppleTV), and some other products - it looks like it might. But again, this isn't the only reason I invested in Apple.

    They have enough cash to cover about $150 per share. I even read something that said between Apples cash, inventory, additional assets, and pending retail sales (contract signed but products not yet delivered), it adds up to about $300 per share. That is STRONG!

    Oh, btw... If I were to sell right now I would make $6+ profit per share now. ;-)
  22. macrumors 603


    Oct 28, 2007
    And with the puny "dividends" Apple pays out, even if it went up $100 over the next 10 years, you still wouldn't be making that much of a profit compared to the money you spent to buy the stock.
  23. macrumors newbie

    Jun 17, 2009
    I'm wondering if they haven't saved the dividend hike to announce after earnings to act as a buffer to a disappointing quarter...
  24. macrumors 65816

    Jan 16, 2010
    Kennesaw, GA
    You guys apparently don't do very much investing. This isn't a long hold stock for me. As soon as it increases 8-10% I am selling it... Which I assume won't take more than a few weeks or couple month, at most.
  25. macrumors 6502a

    May 30, 2007

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