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-   -   Apple fiscal Q4 conference call set for Monday, October 28 (http://forums.macnn.com/112/mac-news/504750/apple-fiscal-q4-conference-call-set/)

 
NewsPoster Oct 7, 2013 07:50 PM
Apple fiscal Q4 conference call set for Monday, October 28
Apple has scheduled an unusual Monday conference call with analysts to discuss its fiscal fourth-quarter (July-September) results on <a href="http://macnn.com/rd/295735==http://investor.apple.com" rel='nofollow'>October 28 at 2PM PT</a>, just after markets close. The results will include the first 10 days of sales from Apple's iPhone refresh, supplementing the <a href="http://macnn.com/rd/295736==http://www.electronista.com/articles/13/09/23/ios.7.activations.break.200.million/" rel='nofollow'>debut weekend</a> numbers of over nine million handsets sold by the company. The iPhone's launch and early sellout prompted the company to issue a rare restatement of guidance, with Apple now expected to see near $37 billion in revenue for the quarter.<br />
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The company had originally estimated revenues falling between $34 and $37 billion, with margins of around 36 percent. In addition to iPhone sales for the 10 days of availability in the quarter, the company's recent <a href="http://macnn.com/rd/295734==http://www.macnn.com/articles/13/06/10/same.casing.used.prices.lowered.over.2012.models/" rel='nofollow'>MacBook Air revision</a> will also have seen its first full quarter of availability, and could bolster overall Mac sales numbers.<br />
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Analysts also expect Apple to report operating expenses of just under $4 billion, with a tax rate of 26.5 percent. The company hasn't held a quarterly results conference call on a Monday in several years, which may hint at a end-of-month announcement of something new or updated.<br />
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Apple's calendar year-end (and fiscal 2014 Q1) looks to be heavily front-loaded, with a number of announcements expected to happen during October -- including updated iPads, the long-awaited Mac Pro refresh, and an expected processor bump to the MacBook Pro line to take advantage of the battery-saving Haswell processor as seen in the MacBook Air and recent iMac refresh.<br />
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Alongside such announcements will be the release of Mavericks (OS X 10.9), which includes further efficiency techniques that could elongate battery life in Apple's top-selling portables still further. There is also the possibility of other announcements, including a (possible) HDTV-related product or Apple TV overhaul and a "smartwatch" type device.<br />
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Overall, Apple's stock was up 16 percent on September 30 from the beginning of the quarter. As usual, the company will have a live audio stream of the call, and <em>MacNN</em> will provide complete coverage of the facts and figures revealed therein.<br />
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