Thursday, January 5, 2012

Apple's 4Q Earnings Report Coming January 24th During 1Q Earnings Call

Apple updates its investor page notifying investors the company would be announcing their fourth quarter earnings report on Tuesday, January 24th.

Interested parties can listen to Apple’s live audio stream of the earnings conference call and hear CEO Tim Cook reveal the financial results from the 4Q. Cook will also field questions from investors about the company. Expect a slew of questions about rumored Apple products followed by a bunch of non-answers.

The first quarter conference call informing investors of Apple’s 4Q results will set the stage for Apple in the new year as the company is expected to report record-breaking sales once again. A number of investment analysts have predicted Apple’s stock price rising above $450 in 2012.

Expect Cook’s comments to safeguard any future Apple products, but details about Apple’s supply chain, major acquisitions and immediate and long-term financial plans could hint at the prospect of future Apple products. Cook may reveal Apple’s plans to issue a dividend to shareholders as well.

Source: iDownloadBlog