Apple to Release Q1 2009 Financial Results on January 21st

[MacRumors]

Apple has posted a media alert announcing details for the January 21st release of their financial results for the first quarter of fiscal year 2009. The results will cover sales from September 28th through December 27th, 2008, and will be released at the close of trading (4:00 PM Eastern / 1:00 PM Pacific) on Wednesday. Apple's conference call discussing the results will follow at 2:00 PM Pacific and will be available via a live audio webcast.

Apple's most significant product announcement of the quarter came on October 14th in a notebook media event. The event saw the introduction of the new unibody MacBook and 15" MacBook Pro, as well as minor updates to the 17" MacBook Pro and MacBook Air. Apple also introduced the new 24" LED Cinema Display with built-in iSight and Mini DisplayPort connectivity.

For the quarter, analysts are predicting net earnings of $1.38 per share on revenue of roughly $9.75 billion, near the high end of Apple's guidance of $1.06-$1.35 profit on $9.0-$10.0 billion. Apple's year-ago results for the first quarter of 2008 included net earnings of $1.76 per share on revenue of $9.6 billion.

Article Link: Apple to Release Q1 2009 Financial Results on January 21st

 

[Eidorian]

I wonder how Christmas was for Apple.

 

[drummerlondonw3]

should be interesting

 

[Valkaire]

Don't you mean Q4 2008?

 

[twoodcc]

i guess we'll see how the new macbooks are doing. and that new monitor - i don't think it's selling all that well at that price, considering it can only work with the new macbooks

 

[crisss1205]

Don't you mean Q4 2008?

No Q4 2008 ended in October, you have to remember that a financial quarter is for Apple is not the same as all the other companies and isn't exactly Q1 is Jan, Feb, March. Q2 is April, May, June.........

Media Alert

FY 09 First Quarter Results Conference Call

WHAT: Apple® FY 09 First Quarter Results Conference Call

WHERE: Via conference call. The dial-in number for press is: (888) 297-8911 (toll-free) or (719) 325-2298

WHEN: Wednesday, January 21, 2009, 2:00 p.m. PST/5:00 p.m. EST

REBROADCAST: The conference call will be available as a continuous rebroadcast beginning Wednesday, January 21 at 5:00 p.m. PST/8:00 p.m. EST through Wednesday, February 4 at 5:00 p.m. PST/8:00 p.m. EST. The dial-in number for the rebroadcast is (888) 203-1112 (toll-free) or (719) 457-0820. Please enter confirmation code 4939950.

WEBCAST: Apple will provide live audio streaming of its FY 09 First Quarter Results Conference Call utilizing Apple’s industry-leading QuickTime® multimedia software. The live webcast will begin at 2:00 p.m. PST on January 21, 2009 at www.apple.com/quicktime/qtv/earningsq109/ and will also be available for replay for approximately two weeks thereafter. Viewers simply need a copy of QuickTime 6 or QuickTime 7 to listen to the conference call. QuickTime 7 is available from www.apple.com/quicktime.

 

[preservative]

"We're doomed."

 

[overcast]

Don't you mean Q4 2008?

No, first quarter of a fiscal year is October 1st - Dec 31st, typically. But businesses can setup their year however they want, as long as they report to IRS yearly.

 

[talkingfuture]

Should be interesting to see the recession impact on Apple's figures.

 

[techfreak85]

Come on aapl! go back up! i know u can!!!

 

[mrtune]

No, first quarter of a fiscal year is October 1st - Dec 31st, typically. But businesses can setup their year however they want, as long as they report to IRS yearly.

Absolutely correct.


For example, the company I work for starts the fiscal year on Nov. 1st. Every company is different.

 

[Full of Win]

If memory serves, Apple lowballs their estimates and therefore exceeds them. If they are coming in at the high end of their estimates, it really means they have not gained as much as they'd like to.

I predict a blood bath, or at least a blood rinse, come the 21st - 22nd.

 

[iOrlando]

in a way results wont matter...

the stock price is already priced for near doom. (no steve ever coming back....ipods shutting down...noone wanting iphones...palm pre winning (to which i still say HA too) )...

this company has $27/share cash...should get another $3 cash this quarter.....and then about $7-$8 a year in cash after that..and its trading for $80.....unreal....

 

[techfreak85]

the stock price is already priced for near doom. (no steve ever coming back....ipods shutting down...noone wanting iphones...palm pre winning

What are u talking about?

 

[numbersyx]

in a way results wont matter...

the stock price is already priced for near doom. (no steve ever coming back....ipods shutting down...noone wanting iphones...palm pre winning (to which i still say HA too) )...

this company has $27/share cash...should get another $3 cash this quarter.....and then about $7-$8 a year in cash after that..and its trading for $80.....unreal....

Great fiction - you should write it - bestseller material

 

[toontra]

i guess we'll see how the new macbooks are doing.

Yes, will the firewire factor show up

 

[alphaod]

No, first quarter of a fiscal year is October 1st - Dec 31st, typically. But businesses can setup their year however they want, as long as they report to IRS yearly.

But logically, it should be shouldn't be 2009.

 

[WildCowboy]

But logically, it should be shouldn't be 2009.

Fiscal years are named by the year in which they end, which seems logical to me.

 

[Tampa Tom]

Steve's vitals would be interesting stats

Weight
Blood Pressure
Pulse rate

Any guesses?

 

[Tallest Skil]

Weight
Blood Pressure
Pulse rate

Any guesses?

Weight: Drop
Blood Pressure: It/Like
Pulse: It's hot because unless you're a member of his family you don't deserve to know.

 

[wheezy]

It'll be interesting to see how they're weathering this storm. At least it's nice to know they have many billions in cash reserves.

 

[preservative]

Great fiction - you should write it - bestseller material

Noone to buy the mac micro atom because they think it should be like a mac pro. People switching to windows mobile because it supports tomtom and tethering and never buying an apple phone again. Not buying the 17inch because they can't remove the battery, 15inch going that way.

Not bringing out a netbook that everybody wants or bringing out a pc netbook with a apple shell and charging twice as much. OS X running on PC's natively so the need for apple hardware dies.

 

[SFStateStudent]

So, is January 21st, '09 really January 21st, '09? or is that January 21st, '10?

 

[IJ Reilly]

This guy forecasts $11.3 billion in revenue and $1.96 EPS for Q109, and explains in detail why he believes the analysts are getting it very wrong -- mostly on the basis of deferred income from iPhone sales.

 

[Superdelphinus]

Absolutely correct.


For example, the company I work for starts the fiscal year on Nov. 1st. Every company is different.

I don't know how it works in the US but the accounting reference date is usually the last day of the month in which the company is incorporated, unless they subsequently change it (which they 90% of the time do) to whatever they want