“Apple this Wednesday is expected to report record iPhone and iPad sales from the 2012 holiday season,” Neil Hughes reports for AppleInsider.
“This Wednesday’s earnings conference call has already been declared Apple’s most important in a decade,” Hughes reports. “The report arrives as AAPL stock has taken a significant hit in recent months, dipping below the $500 threshold.”
Hughes reports, “The timing of Apple’s selloff is particularly interesting, as the company just completed a holiday quarter that was likely the strongest in its history. Consensus calls for Apple to report $54.58 billion in revenue, which would be up from its previous record of $46.33 billion set in the holiday 2011 period... Particular attention will also be paid to Apple’s guidance for the March quarter. Any potential decreases in demand are expected to be seen in the company’s second quarter of fiscal 2013, which is currently underway.”
Read more, including the analysts’ consensus estimates for Apple Inc. and Apple product unit sales, in the full article here.
MacDailyNews Note: Today is Martin Luther King Day in the U.S. and the markets are closed. As usual on such trading holidays, we will have limited posting today.