Apple To Report Earnings on January 25th
Apple has announced they will disclose their first quarter earnings for the year on January 25 at 5 pm EST.
AppleInsider reports that, "Analysts expect Apple to produce an average $2.04 earnings per share in the December quarter, with revenue estimated at $11.98 billion. That would represent a 17.8 percent increase in sales from a year prior. Wall Street also expects to see gross margin of 35.6 percent."
Of course, this report will also tell how the holiday season fared for Apple. There is currently a circulating rumor that Apple could be announcing new products on January 27th. Media outlets have not yet been invited to such an event, however.
For more information, you can visit the Apple investor relations website.
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