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Apple Sets 2Q 2011 Earnings Release for April 20th

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Apr 12, 2001
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Apple yesterday updated its investor relations page to officially state that it will announce its earnings for the second fiscal quarter of 2011 (first calendar quarter) and host a conference call regarding the release on Wednesday, April 20th.
Apple plans to conduct a conference call to discuss financial results of its second fiscal quarter on Wednesday, April 20, 2011 at 2:00 p.m PT.
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The conference call at 5:00 PM Eastern / 2:00 PM Pacific will follow the earnings release itself which typically comes around 4:30 PM Eastern.

Apple last quarter announced record-breaking results in a number of areas, including $6 billion in profit on revenue of $26.74 billion. The company also sold record numbers of Macs, iPhones, and iPads. For the second fiscal quarter, Apple has issued guidance of $22 billion in revenue with profits of $4.90 per share.

Article Link: Apple Sets 2Q 2011 Earnings Release for April 20th
 
Article Link
https://www.macrumors.com/2011/03/30/apple-sets-2q-2011-earnings-release-for-april-20th/
I have actually been listening to the last two or three of these live and they are pretty interesting especially the Q&A session since they can't lie everything they say is the truth so you can get some decent insights into Apple.
 
I get a kick how aapl adds more billions to their cash pile each quarter
The NC data center not only hold servers but probably their gold reserves
Ipads sold out, MBP doing well, iPhone4 doing well, etc
Wish for 4 to 1 stock split - yeah in my dreams
Anyway you done me well aapl and mr. Jobs
Trading aapl both ways...
 
Should be another great quarter.

It'll be interesting to see what they have to say about the iPhone 4 sales with the addition of Verizon.

iPad/iPad 2 sales will be limited by the number they are able to produce.

Tim Cook has said several times that they would sale more iPhone 4 if they could build them faster. It's a good problem to have and it now applies to the iPad 2.
 
There sales will be another record quarter. However a no-name WallStreet "Analyst" will write about short supplies, etc. and AAPL will take a hit on the Stock Market. It is a never fail. :(
 
I wish I had bought Apple stock 5 years ago. Man! But I'm not going to dwell on that. What we should be congratulating Apple on is their management style. It is slow, yes, but profitable.
It is a long term business strategy that the Japanese have been doing for a long time. No new ipads like every other month. Fu** that!
 
nylonsteel said:
I
Wish for 4 to 1 stock split - yeah in my dreams
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Why? This just makes each share worth 1/4 of what it is today. All this does is quadruple your # of lower-valued shares.

At least theoretically, this makes no difference.
 
osx11 said:
Why? This just makes each share worth 1/4 of what it is today. All this does is quadruple your # of lower-valued shares.

At least theoretically, this makes no difference.
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No, but it makes a difference for those of us who want to put money into Apple. I got a little rainy day stash, and if Apple did a quarter split, I'd be all over that stock like spunk on Paris Hilton.
 
The Apple bug is catching faster now.
I just had my long time PC user brother buy a Macbook Air. Hell hath frozen over!
Watch aapl climb the week before results and plummet the day of. Only to regain again the next few days after when they blow out estimations again.
 
osx11 said:
Why? This just makes each share worth 1/4 of what it is today. All this does is quadruple your # of lower-valued shares.

At least theoretically, this makes no difference.
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Mathematically, there is no value difference. One $360 share is the same value as four $90 shares.

However, in the real world, more affordable stock prices increases trading volume and a bit more volatility. Fund managers are more compelled to add highly active issues to their portfolio. A lot of the computer modeled trading also is sensitive to trade volume.

The lack of trading volume kept Berkshire Hathaway from the S&P 500 for decades. When Buffett split the Class B shares 50-to-1 a couple of years ago, part of that was to give employees of newly acquired Burlington Northern a chance to own shares. The other reason was to get Berkshire Hathaway on the S&P 500 (at the time, it was the largest company that wasn't on the index).
 
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DrDomVonDoom said:
I bet 4/20 holds a lot of significance for Steve back in his younger days, and I figure it holds significance for a lot of Mac users today ;P
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everyday.
 
A lot of quickly growing companies do not issue dividends because the company management believes a better ROI is available to shareholders by re-investing in the company.

For example, this could be spending more in R&D for future products or using cash in a strategic manner (e.g., Apple's huge supply contracts, building new retail stores, acquiring companies with complementary technology).

Dividends are for mature companies who are basically saying, "we can't think of any way to spend this cash to improve our company. We're not going to outperform the S&P 500, so go buy some SPDRs with this dough or invest in one of our younger, more aggressive and growing competitors." It's the corporate equivalent of putting on drawstring sweatpants and plopping onto the couch with a quart of Ben & Jerry's. You have conceded.

Cisco Systems is now crossing that threshold.
 
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ctdonath said:
Of which shareholders receive ... nothing.
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That is true however, It is beneficial since Apple now using those funds to pay for the price mark up on Mac, iPhone, iPad parts due to the Japan tragedy and not have to pass the price hike up to customers. Also lets Apple buy majority of part supplies that make it less available for the competition example: touch displays.
 
osx11 said:
Why? This just makes each share worth 1/4 of what it is today. All this does is quadruple your # of lower-valued shares.

At least theoretically, this makes no difference.
Click to expand...

What it's designed to do is increase short term liquidity/movement of the security (AAPL), because an entry point as high as, say, Berkshire-Hathaway's Class A Common, makes it very difficult for people to get in and get out.

However, a high price is a barrier to entry that's good for long-term investors. It's bad for speculators, who are driving much of Apple's excessive market price (yes, they're trading at 6-7 times their book value... regardless of how "hot" a company they are, no one in their right mind should pay six to seven times what a company is actually worth to acquire all or part of it).

So, really, stock splits are designed to stir up speculative activity and further drive market capitalization past its natural and logical plateau.

Companies that actually perform well in operational terms do their shareholders a better service by limiting liquidity, keeping speculators out and focusing on business growth, not irrational stock price growth. The benefits are as obvious as Berkshire-Hathaway's $128,103 per share closing price today.
 
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Avatar74 said:
What it's designed to do is increase short term liquidity/movement of the security (AAPL), because an entry point as high as, say, Berkshire-Hathaway's Class A Common, makes it very difficult for people to get in and get out.
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The Great Unwashed can speculatively buy Berkshire Hathaway Class B shares; it's trading around $85 these days. The 50-to-1 split of BRK-B a couple of years ago allowed Berkshire Hathaway to be invited to join the S&P 500 index.

Even Warren Buffett sees some benefit to allowing stock splits. After all, the Class B shares were something like a 30-to-1 split of the original Class A shares. When he split Class B shares, he could have gone to a lower ratio, like 10-to-1, yet he deliberately chose to price the new shares under a hundred bucks.
 
With the successful creation of tablet markets with the iPad, the continuing increase in mac sales and what assuming Q2 profits are increased over last quarter, it would seem that we are definitely continuing to live in the golden age of Apple.
 
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