• Apple Announces January 27 Earnings Call to Discuss 1Q 2015

    Apple recently announced that it will be revealing financial results for its first fiscal quarter of 2015 on January 27. Company executives are expected to cover questions regarding what’s anticipated to be another blockbuster for the tech giant considering the holiday season and release of the new iPhones.

    The announcement was made through Apple’s Investor Relations webpage. For the last fiscal quarter of 2014, Apple set a new record of $8.5 billion in profits on revenue of $42.1 billion, largely carried by the massive iPhone sales which reached 39 million. Apple did offer a forward-looking statement last October, guiding revenue between $63.5 billion and $66.6 billion with gross margins between 37.5% and 38.5%. Operating expenses are expected to be somewhere in the $5.4 billion to $5.5 billion range with an effective tax rate of 26.5%.

    The conference call for the financial results of 1Q 2015 is scheduled to take place on Tuesday, January 27 at 2:00pm Pacific/5:00pm Eastern. We’ll have to wait until then to see what Apple reveals!

    Source: Apple
    This article was originally published in forum thread: Apple Announces January 27 Earnings Call to Discuss 1Q 2015 started by Akshay Masand View original post
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