Apple will announce its earnings for the June-September quarter on October 18. Last year in the same quarter it reported $20bn revenue for the first time, prompting a rare conference call appearance from then CEO Steve Jobs.
Jobs will be absent at the conference call on 18 October, which will be handled, as usual, by Tim Cook and Peter Oppenheimer.
In July, Apple offered guidance to investors that it expected to make $25bn revenue, with earnings per share of $5.50 for the quarter. Apple’s guidance, however, is known for being conservative. Or in the words of Fortune ‘laughably low.’
The consensus of professional analysts, according to Fortune, is that Apple will report revenue of around $29bn and earnings per share of $7.10. That would translate to a quarterly profit of around $7bn. Those figures are on a par with its revenue and earnings for the April-June quarter 2011, but would be a record for the July-September period.
Last quarter was a busy one for the company, with the resignation of Steve Jobs, his replacement by Cook, and the introduction of new MacBook Airs and Mac minis. It also saw the introduction of Mac OS X Lion.
By the time of the earnings call, it’s expected that Apple will have announced a new iPhone and made iOS5 publicly available.
