World of Apple
This is a static archive of World of Apple, published by Alex Brooks between 2005 and 2015. Nothing here is live or updated since original publication.

Apple to Announce Quarter 2 Financial Results

This evening Apple will officially reveal its Quarter 2 Financial Results. The conference call can be listened to on Apple's website.

The call will take place at 2pm PT/5pm ET (10pm BST).

Analysts are expecting Apple to announce earnings of 64 cents per share on sales of $5.17 billion.

Back in January Apple forecasted results of 54 cents to 56 cents per share on sales of $.48 billion to $4.9 billion.

Analyst Shaw Wu of American Technology Research rated Apple with a "Buy" and target price of $145, Wu expects the company to offer its "usual conservative guidance" for the fiscal third quarter, to rein in "sometimes unrealistic expectations."

Gene Munster, analyst for Piper Jaffray predicted sales of 11 million iPods for the quarter, but believes that Mac sales could have fallen between 5 and 10 percent with sales of 1.45 million units.

Join World of Apple for live coverage of the results.