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Apple to Broadcast Q1 Earnings on Jan 22

Apple to Broadcast Q1 Earnings on Jan 22

by , 11:40 AM EST, January 18th, 2008

Apple will be hosting its regular first quarter earnings report live on the Web 5 PM EST on January 22. The audio report will require Apple's free QuickTime player.

Many analysts are expecting Apple to report another blockbuster quarter with strong Mac and iPhone sales. Apple helped drive home that idea on Tuesday when CEO Steve Jobs revealed the company has already sold over four million of its combination iPod and smart phone.

Banc of America analyst Scott Craig expects the Cupertino company's sales will show a healthy gain thanks in part to the release of Mac OS X 10.5 and higher Mac sales. He estimated that Apple will report US$9.6 billion in revenue with an EPS of $1.60.

TMO will provide live coverage of the January 22 earnings report.

Apple is currently trading at $163 up 2.11 (1.31%).

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

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