q1 2013

Apple to report first-quarter earnings on January 23

Apple said today that it will announce its fiscal first-quarter financial results on January 23.

The quarter is typically Apple's strongest, fueled by strong sales of the company's products during the lucrative holiday shopping season.

When announcing its fourth-quarter results last October, Apple said it expected revenue of $52 billion and projected earnings of $11.75 per share for its first quarter of 2013. Wall Street's expecting Apple to beat that with $54.5 billion in revenue, on earnings of $13.32 per share.

Much of that tally is expected to be buoyed by sales of the … Read more