On Tuesday Apple will announce its first quarter of 2011 fiscal results at 4.30PM EST (9.30PM GMT) and as always the eyes of Wall Street, analysts and bloggers will be firmly in Apple’s direction. Apple will also hold a conference call at 5PM EST (10PM GMT), the call will be webcast here.
During last quarters conference call Apple CFO Peter Oppenheimer gave the following statement looking ahead to Apple’s first quarter of 2011 which included the Christmas shopping period:
“Looking ahead to the first fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $4.80.”
The Wall Street consensus as recorded by Thomson Financial is that Apple will announce revenue of $24.38 billion with an earnings per share (EPS) of $5.38.
Bloggers, analysts and Wall Street have also placed their estimates for how many units Apple has sold. Many expect Apple to have sold 16.5 million iPhones during the quarter, 19.1 million iPods, 6.8 million iPads, and 4.3 million Macs.