Apple To Announce Q1 2013 Earnings January 23rd
Apple has just announced via its investor relations page that it will be releasing its Q1 2013 earnings on January 23rd. These statistics will be given in the form of a conference call at 2pm PT that day. The first-quarter is usually Apple’s strongest as the company gets to show off its holiday sales figures. The call will likely be hosted by Apple’s CEO Tim Cook as well as Apple’s CFO Peter Oppenheimer.
During Apple’s previous Q4 2012 earnings call in October 2012, Apple projected that it would bring in $52 billion in revenue over the next quarter with projected earnings of $11.75 per share. However, Wall Street has even higher expectations for Apple with an expected $54.5 billion in revenue over first-quarter 2013 with earnings of $13.32 per share.
Most of Apple’s revenue over Q1 2013 was likely made by iPhone 5 sales, though we’re sure the introduction of the iPad mini and fourth-generation iPad didn’t hurt either. Apple also introduced new ultra-thin iMacs over this quarter as well, but the devices only started shipping in late November. Because of all of these new iOS and Mac devices as well as holiday sales, I wouldn’t doubt if Q1 2013 is one of Apple’s best quarters ever. Only time will tell.
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