Snow is engulfing large portions of the U.S., but Wall Street waits for no man or woman, especially when they're based in California. Accordingly, Apple will announce earnings Tuesday after the markets close at 4:00 PM EST. Apple usually publishes earnings at 4:30 PM, and the company will host its quarterly call with analysts at 5:00 PM.
Everyone and their corporate brother is expecting Apple to report a big quarter with strong iPhone sales. The December quarter is Apple's strongest quarter of the year, and it's the company's first fiscal quarter. Consensus estimates are for earnings per share (EPS) of US$2.60 and revenues of $63.48 billion. Apple guided for a range between $63.5 and $66.5 billion.
The Mac Observer will be offering extended coverage of Apple's results and any standout news from the conference call. If you want to play along at home, you can listen to the full conference call through Apple's website.
Shares of $AAPL closed higher on Monday at US$113.10 per share, a gain of $0.120 (+0.11 percent), on moderate volume of 55.6 million shares trading hands.
*In the interest of full disclosure, the author holds a tiny, almost insignificant share in AAPL stock that was not an influence in the creation of this article.