Apple to Announce Q3 2013 Earnings on July 23

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jul 1, 2013.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    Apple updated its investor relations page today to note that it will announce its earnings for the third fiscal quarter (second calendar quarter) of 2013 on Tuesday, July 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.

    [​IMG]
    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 third quarter of availability, and perhaps updates on the new products announced at WWDC. Apple's stock price is down some 23 percent year-to-date and roughly 300 points off its highs of last year. Analysts have continuing concerns about Apple's ability to innovate without Steve Jobs, though the current price is up slightly from the previous earnings call.

    In the past two July earnings calls, Apple has announced the imminent launch of OS X Lion and Mountain Lion, though there is no indication yet that Mavericks will launch the day after the call.

    Apple reported strong results three months ago when it announced a dramatic increase in its share repurchase authorization and a larger dividend payment. Apple should update investors on the progress of its share repurchase program.

    Apple provided guidance for the third quarter of fiscal 2013 for revenue of between $33.5 and $35.5 billion and gross margin between 36% and 37%.

    Article Link: Apple to Announce Q3 2013 Earnings on July 23
     
  2. macrumors 6502a

    Joined:
    Oct 3, 2012
  3. macrumors 6502a

    Joined:
    Feb 27, 2010
    #3
    Oh is it one those events where journalists will ask Tim Cook about future products and he will not answer? Nice..
     
  4. SJism23, Jul 1, 2013
    Last edited: Jul 1, 2013

    macrumors 6502a

    Joined:
    Nov 20, 2012
    Location:
    Canada
    #4
    With virtually no new products in the entire first half of 2013, don't hold your breath for amazing results. Wall Street will cause the stock to tank again. :rolleyes:
     
  5. macrumors 68040

    Joined:
    Jun 20, 2007
    #5
    This means no new products until July 24th at the earliest.

    Waiting for the new rMBP.
     
  6. macrumors 6502

    Nanasaki

    Joined:
    Oct 26, 2010
    #6
    So here we go. Last quarter: quarterly revenue of $43.6 billion... Profit Margin 37.5%. I guess this quarter is slow quarter... That's makes sense, there really isn't any new product other than MacBook Air and people are waiting for iPhone 5S and new iPad mini。。。 Next quarter would be important... with launch of iOS 7, OS X Mavericks and bunch of new Macs, also most importantly, iPhone 5S and new iPad/ iPad Mini...

    I bet stock will go down follow that.
     
  7. macrumors 6502

    Joined:
    Apr 26, 2011
    #7
    Announcing, the announcement for an announcement.
     
  8. macrumors P6

    IJ Reilly

    Joined:
    Jul 16, 2002
    Location:
    Palookaville
    #8
    Then bet on it, if you're so sure.
     
  9. macrumors 6502a

    Joined:
    Jan 19, 2008
    #9
    You mean those who purchased the stock before 2012... right?

    Really sorry for the stockholders that bought it later, while it bubbled to 500, 600, 700, thinking it could go up forever, and got screwed.
     
  10. macrumors 65816

    Joined:
    Sep 16, 2007
    #10
    When someone else gets rich, someone else gets poor. That's the game of stocks. Wonderful world.
     
  11. macrumors 6502a

    mathcolo

    Joined:
    Sep 14, 2008
    Location:
    Massachusetts
    #11
    Didn't they say in the keynote that 10.9 would be available to the public in the fall?
     
  12. macrumors 65816

    MacDav

    Joined:
    Mar 24, 2004
    #12
    I bought in at $14.00 a share. I would have been very lucky except I sold at $28.00. :rolleyes: It's okay though because I bought back in at $80.00. Almost sold at $700.00, but didn't want to make the same mistake twice. :eek: Still in all I'm feeling pretty lucky. :)
     
  13. macrumors 6502a

    Joined:
    Oct 3, 2012
    #13
    keep holding on to it! at least when the mac pro, and new iPhones are out!
     
  14. macrumors 68030

    macs4nw

    #14
    Don't forget the market looks towards the long range future, and not the past, but it will be interesting to see how this market reacts now, post WWDC and with the various products expected to make an appearance within the next six months.
     
  15. macrumors 6502a

    Joined:
    May 24, 2013
    #15
    lol one question tho. When you saw the stock tumbling down to 600, why not sell then? I don't want to come off as being mean, legitimate question.
     
  16. macrumors 68030

    macs4nw

    #16
    I can't answer for him. It's a logical question now, but no-one then was privileged to what was to happen next. The stock market is unpredictable for even the most knowledgeable of experts. Too many uncontrollable variables. A nuclear disaster, recurring tornadoes, tsunamis with massive flooding, gas plant explosions, civil uprising in the third world (some of whom control part of our energy supply), all could send the market in a tailspin faster than you can yell "SELL OFF". Of course no need to point out that the first three of the above scenarios have actually played out in the last few years.
     
  17. macrumors 68020

    Joined:
    Jul 8, 2006
    Location:
    California
    #17
    I wish I bought back in on Friday at the near bottom, looks like AAPL might be making an upward move.
     
  18. macrumors 601

    Plutonius

    Joined:
    Feb 22, 2003
    Location:
    New Hampshire
    #18
    The stock will go down no matter what the results are.
     
  19. macrumors 68040

    the8thark

    Joined:
    Apr 18, 2011
    #19
    Yep journalism at it's finest.
    [/very sarcastic]
     
  20. macrumors 65816

    phoenixsan

    Joined:
    Oct 19, 2012
    #20
    Ok.....

    let start the dance of Apple will flop or Apple will no flop.....Enough money reserves and people needing techno, so my guess is.....Apple will no flop....no in near future....:D


    :):apple:
     
  21. macrumors newbie

    Joined:
    Mar 25, 2012
    #21
    I have continued buying Apple since it was $19 per share... And hold some at cost basis of over $700......

    As long as I don't sell ..... I haven't lost anything..... Just a chance to reinvest the dividends at a lower price!:D

    ----------

    "Buy on the rumor... Sell on the news":D
     
  22. macrumors 6502a

    Joined:
    Dec 18, 2012
    #22
    It going to go down. Stock market and everybody else expects too much from them. No way their sales are better than the last quarter, especially when they didnt introduce not one single new product this whole time.
     
  23. donutbagel, Jul 2, 2013
    Last edited: Jul 2, 2013

    macrumors 6502a

    Joined:
    Jun 9, 2013
    #23
    That's not true in all or even most cases. After prosperous times, wealth was generated. During the 2008 crash, wealth actually disappeared. Gone. It didn't go to anyone. Sure some people got rich in 2008, but that's separate.

    An example is if you bought Tesla at the start (you shrewd investor) and watched it go up because they made profits. I don't know what the "real" price is, but it's not all artificial inflation.
     
  24. macrumors 6502a

    Joined:
    Jun 9, 2013
    #24
    Or AP News gets hacked and reports that the White House has been bombed or (worse) a computer malfunction causes the Dow to drop 1000 points, and people lose money.
     
  25. macrumors 65816

    MacDav

    Joined:
    Mar 24, 2004
    #25
    Yes, it's a legit question. It's something I considered for sure. I am thinking very long term with this investment though, and there is always the chance it will head back up in the future. Yes, it could go down too. Also, I receive a decent dividend every three months. So why sell? Do you have any idea how much tax I'd have to pay if I sold? I live in California. ;)
     

Share This Page