1. Michael Essany's Avatar

    On Monday, Apple updated its Investor Relations page to confirm that its Q2 earnings results will be published on Wednesday, April 23rd.

    As always, a conference call with Apple executives and members of the press will follow the publication of earnings.

    Although analyst projections will likely be all over the map during the next three weeks, Apple's guidance for Q2 puts earnings between $42 - $44 billion vs. $43.6 billion in Q2 of 2013.

    In January, Apple posted Q1 2014 earnings of $14.50 a share on sales of $57.59 billion. iPhone and iPad sales for the December quarter broke records for Apple. During the holiday quarter, Apple sold 51 million iPhones and another 26 million iPads.

    Unfortunately for Apple, Wall Street was expecting Apple to post closer to $58 billion in revenues on sales of at least 56 million iPhones. Consequently, shares of Apple fell despite a record-breaking quarter by all other standards.

    MMi will provide in-depth coverage of Apple's Q2 2014 earnings report and conference call on April 23rd.

    Source: Apple
    2014-04-01 10:45 AM