On Wednesday, Oct. 18, at 2:00 PM PDT (5:00 PM EDT), Apple will announce the results of its previous fiscal quarter, which ended on Sept. 30 and closed out the companyis 2006 fiscal year. As in the past, it will discuss iPod and Mac sales, as well as take questions from analysts and the media. A live audio Webcast will be available on Appleis Web site, and participants can call 719-457-2640 to join in.
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UBS analyst Ben Reitzes on Thursday issued a new research report that led off with this note: "Checks continue to show solid demand for Macs, which should lend support to 4Q06 estimates, offsetting deceleration in iPods (due in part to new shuffle availability)." Piper Jaffray analyst Gene Munster concurred with those opinions in his own research report released the same day.
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Apple Computer reported a blowout fiscal Q4 to close out a record year for the company. The company turned in sales of US$4.84 billion in revenue, and a profit of $546 million, or $.62 per share. The company sold some 8.729 million iPods, as well as 1.61 million Macs. All of these results were far above consensus estimates from Wall Street. The article has been updated with additional details.