Apple Computer will announce its fourth quarter and full year earnings after market closing on Wednesday, October 18, according to Macworld UK. Overall, analysts are expecting Apple to report good news, even though the company is working on restating earnings for prior years.
During its third quarter earnings conference call, Apple executives stated the company expects to earn between US$4.5 and 4.6 billion this quarter.
Appleis stock has remained relatively strong through the fourth quarter, and has ranged from a low of $47.87 to a high of $86.40 over the past 52 weeks. Apple is currently trading at $73.85, down 1.01 (1.35%).
<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->