Apple sets earnings call for Tuesday
The conference call will fuel reaction to Apple's earnings report for its fiscal second quarter as investors look for signs of strength -- or weakness -- in iPad and iPhone sales.
- 30 years experience at tech and consumer publications, print and online. Five years in the US Army as a translator (German and Polish).
The hard numbers on Apple's fiscal second quarter will come out first on Tuesday. But for further details, Apple watchers will want the lowdown from the company's conference call.
Apple said Friday morning that it will host its conference call for the press at 2 p.m. PT on Tuesday, April 23, a little less than an hour after the earnings press release hits the wires. There will be an accompanying live Webcast at that time.
In January, for its first fiscal quarter, Apple reported record revenue, but earnings fell short of analysts' expectations.
Earnings reports from Apple are always intensely scrutinized and pontificated as investors and others look for signs of strength -- or weakness -- in sales of the marquee iPhone and iPad devices, as well as other aspects of Apple's business operations in key markets like China.
Shares of Apple have been on a long downward skid since the company soared above $700 last fall. Two days ago, on Wednesday, Apple stock dipped below $400 for a brief moment before rebounding that day. On Thursday, Apple shares slipped below $400 again and stayed there.
In early trading Friday morning, Apple's stock started out fluctuating around the $388 mark, down slightly from Thursday's close at $392.05 before bouncing back up to the $394 range.