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Apple to Announce Q4 2010 Financial Results Set on October 18th

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Apple today issued a media alert announcing details for next Monday's release of its financial results for the fourth fiscal quarter and third calendar quarter of 2010. The results will be released after the close of Monday's trading at approximately 4:30 PM Eastern / 1:30 PM Pacific. Apple's conference call discussing the results will follow at 2:00 PM Pacific and will be available via a live audio webcast. MacRumors will provide running coverage of the conference call highlights.

Apple's fourth fiscal quarter saw several significant product introductions, particularly in its desktop line with the iMac and Mac Pro receiving updates in late July. The company also moved to revamp nearly its entire iPod lineup in early September. Finally, the quarter also saw significant movement with the iPhone 4 and iPad continuing to roll out to new markets and supply shortages for both devices beginning to ease as the quarter ended.

For the quarter, analysts are predicting net earnings of $4.03 per share on revenue of $18.76 billion, above Apple's guidance of $3.44 profit per share on $18 billion of revenue. Apple's year-ago results for the fourth fiscal quarter of 2009 initially included net earnings of $1.82 per share on revenue of $9.87 billion. Those calculations were based, however, on earlier accounting methods that utilized "subscription accounting" for iPhone and Apple TV revenue. Apple adopted revised accounting standards at the beginning of fiscal 2010, and after retrospective application (PDF) of the new standards, the year-ago quarter yielded net earnings of $2.77 per share on revenue of $12.21 billion.

Article Link: Apple to Announce Q4 2010 Financial Results Set on October 18th
 
Article Link
https://www.macrumors.com/2010/10/15/apple-to-announce-q4-2010-financial-results-set-on-october-18th/
Wow, just wow. The analysts are predicting $500 /share. Sorry I missed out.:p
 
AAPL pushing past $300 this week. Let's hope for $400 within 6 months!

A $20B quarter would push them past Microsoft's gross revenue too. Go iPad/iPhone!
 
hopefully stock price jumps like google’s did today!
 

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I wonder if they are going to split. The trend lately seems to be that companies don't want to, but wow, they are getting high. Either way, looks good to me!
 
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_0 like Mac OS X; en-us) AppleWebKit/532.9 (KHTML, like Gecko) Version/4.0.5 Mobile/8A293 Safari/6531.22.7)

I remember when a $50 million profit was a good quarter for Apple, it's just nuts (or really any profit, for that matter). Is Apple the greatest turnaround story in the history of business? And yet there are still people out there saying Apple is going to enter a death spiral.

Last time I checked they had something like $25B in cash, and that will surely grow. The big question is, what will they do wih all of that cash? Personally I'd like to see them buy, build, or lease their own wireless data network and cut the carriers out of the equation. It could even turn a profit for Apple, but it'd be better for consumers and for Apple.
 
HiRez said:
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_0 like Mac OS X; en-us) AppleWebKit/532.9 (KHTML, like Gecko) Version/4.0.5 Mobile/8A293 Safari/6531.22.7)

I remember when a $50 million profit was a good quarter for Apple, it's just nuts (or really any profit, for that matter). Is Apple the greatest turnaround story in the history of business? And yet there are still people out there saying Apple is going to enter a death spiral.

Last time I checked they had something like $25B in cash, and that will surely grow. The big question is, what will they do wih all of that cash? Personally I'd like to see them buy, build, or lease their own wireless data network and cut the carriers out of the equation. It could even turn a profit for Apple, but it'd be better for consumers and for Apple.
Click to expand...

Yes they are one of the greatest turnaround if not the greatest of all of time.

Also, they have closer to $45 Billion cash, not 25B.
 
HLdan said:
Wow, just wow. The analysts are predicting $500 /share. Sorry I missed out.:p
Click to expand...

You didn't miss out. If you buy now, and if AAPL reaches $500 per share, you'll have about a 65% return on your money.

If you don't do it, and, if AAPL reaches $500 per share, then you can say, "Sorry I missed out. That guy at MacRumors on 10/15/10 was right."
 
With all that cash, they should be able to build robots to assemble all their products so they will no longer rely on outside resources; this will allow them to lower the prices and still have big profit margin if not more :p
 
They shocked all the analysts with their estimates for the next quarter, as they are usually conservative. I think they are going report revenues of well over $20 billion but the biggest surprise will be mac sales!
 
DCJ001 said:
You didn't miss out. If you buy now, and if AAPL reaches $500 per share, you'll have about a 65% return on your money.

If you don't do it, and, if AAPL reaches $500 per share, then you can say, "Sorry I missed out. That guy at MacRumors on 10/15/10 was right."
Click to expand...

Ha ha, great advice actually and I'll keep that in mind. :)
 
aaple closed up 12.43/shr and is up an additional .41 in after hour trading for $313/shr - WOW!!!!
 
I sold my shares today. Normally when Apple has a run-up before earnings and an event, the stock falls even if they are above estimates.

If I am wrong, I have no problem buying back in around $330, but this has sell the news written all over it. The stock has gone up over 33% in a 6 month span.
 
Since the media have mocked the professional's by showing the accuracy of many amateur pundits' higher estimates these last few years it's a pretty good guess the professionals will start getting braver and guessing higher.

One day Apple will logically only achieve what everyone predicts and that will be seen as a massive failure! I can't imagine the panic should Apple ever just miss these wild guesses even if the results are stellar.
 
MacKeeperFanMod said:
Since the media have mocked the professional's by showing the accuracy of many amateur pundits' higher estimates these last few years it's a pretty good guess the professionals will start getting braver and guessing higher.

One day Apple will logically only achieve what everyone predicts and that will be seen as a massive failure! I can't imagine the panic should Apple ever just miss these wild guesses even if the results are stellar.
Click to expand...

Let them panic, cheaper shares!

Im telling you we will be at $1000 by 2015 (the amount I would have made will be irrelevant to me by then hopefully!)

Im going for $20.5b rev.
 
Hope I'm wrong but I can just feel a drop coming. Expectations just seem awfully high right now.
 
$ 20.34 bn revenue
$ 4.64 EPS
3.89 mio Macs sold
4.19 mio iPad sold

And an incredible outlook for the holidays. Wow. That will easily boost the stock even further.

Edit: shares down to 297.40 now. Inverstors don't seem to like the numbers.
 
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