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07-02-2013, 01:39 AM #1
Apple Schedules Third Quarter Earnings Conference Call for July 23
In an update to its Investor relations webpage, Apple recently announced that it will be holding its quarterly conference call for the third fiscal quarter of 2013 on July 2013. At this call, Apple CEO Tim Cook and CFO Peter Oppenheimer will likely discuss the company’s performance over the past three months.
During Apple’s quarterly conference call for the second quarter of 2013, the company ended up beating Wall Street expectations when it came to revenue but ended up seeing profits slow down for the first time in ten years, definitely a bitter sweet moment for the company.
When it comes to the most recent quarter, Apple’s guidance put revenue between $33.5 billion and $35.5 billion, with gross margins ranging between 36% and 37% and operating expenses between $3.85 billion and $3.95 billion. Other income and expenses were pegged at being roughly around $300 million.
The company’s conference call for the second quarter of 2013 is scheduled for Tuesday, July 23, at 2:00 PM Pacific (5:00 PM Eastern). Check back for further information!