Apple announced its Q4 2012 quarterly report will be arriving on October 25, at 1pm Pacific, while their financial conference call will take place an hour later at 2pm. But what will their numbers reveal, and will they beat or meet the street's estimates since they failed to do so during the previous quarter.
Apple raked in $35 billion in revenues in the June quarter, but this was a fairly huge miss compared to what analysts had anticipated. This leaves many wondering if Apple delivered enough iPhone 5's in time to make up the sales gap?
Make no mistake, Apple is an iPhone company (the bulk of Apple's revenue and profits materialize from iPhone sales), and all eyes will be on how many iPhone 5's Apple was able to build and sell during the quarter. Macs, iPads and iPods are trinkets compared to the force of the iPhone. Wall Street appears to be betting on another light quarter, and I wouldn't be surprised to see Apple miss the targeted $34 billion figure. It is the December quarter (Apple's Q1 2013 quarter), where revenues should reach above the $45 billion mark, with roughly 47 million iPhones sold. With Apple able to demand a $610 ASP per iPhone, that's $28.6 billion in revenues from just one product line. Let's face it — it's an Apple world, and we're just living in it.
- AAPL Stock In Dulldrums
- El Capitan: Will Your Apps Run in Apple's Latest OS?
- Why Apple Should Acquire GoPro
- Does a 12-inch iPad Pro make sense?
- 2015: Is Cook The Right Man For Apple?
- Apple TV to be Apple's hero in 2015
- Wall Street to Apple: It isn't how well you are doing, it's how well you are doing compared to our fantasy world
- Apple's Q3 2015 conference call – What will Tim Cook and Luca Maestri have in store?
- Affinity Photo Better Than Pixelmator? No Contest
- Three Keys to Apple TV Dominating the Market this Fall