Apple Q1 Earnings Report Scheduled for January 21

| Apple Stock Watch

Apple's fiscal first quarter earnings report is scheduled for Wednesday, January 21 at 5PM eastern time. Be sure to check in with TMO for our live event coverage.

Investors and analysts will be paying close attention to Mac and iPhone sales, but those numbers will likely be overshadowed by questions about CEO Steve Jobs's health and recently announced leave of absence.

Mr. Jobs announced on January 14 that he is temporarily stepping down as CEO for medical reasons. COO Tim Cook has stepped in to take over day-to-day operations during Mr. Jobs's leave.

In a letter to employees, Mr. Jobs said that his leave will run through the end of June, but many are speculating that this is simply the next step in his planned retirement and that he won't return to his CEO duties.

Apple offered conservative guidance for the quarter with revenue expected to come in between US$9 and $10 billion, and an EPS between $1.06 and $1.35.

Apple closed on Tuesday at $78.20, substantially below its 52 week high of $192.24.

 

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