Apple to discuss Q3 2014 financial results on July 22

Earnings conference call will mark Luca Maestri's first appearance in his new role as chief financial officer.

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James Martin/CNET

Apple will reveal its financial results for its fiscal third quarter of 2014 on July 22, the company announced Monday on its investor page.

The Cupertino, Calif.-based company also plans to host a conference call to discuss its revenue and sales performance. Apple CEO Tim Cook typically participates in the call, as does the company's chief financial officer. The conference call also marks the official debut of Luca Maestri, who took over as chief financial officer this month following the retirement of Peter Oppenheimer.

Apple surprised many observers and analysts in April with better-than-expected second-quarter results thanks largely to sales of 43.7 million iPhones, much higher than the expected 38 million and a record for the March quarter.

For the second quarter, Apple recorded earnings of $10.2 billion, or $11.62 a share, on sales of $45.6 billion. For the third quarter, Apple said it expected to generate $36 billion to $38 billion in sales.

At the time, Apple also increased its dividend by 8 percent and announced a 7-for-1 stock split.

The conference call is scheduled to begin at 2 p.m. PT and will be streamed through the company's investor relations page. Check back with CNET on July 22 for full coverage and analysis of the financial report.

Apple stock closed Monday at $92.93, an increase of 95 cents, or 1.03 percent. It was up another 21 cents to $93.14 in after-hours trading.

 

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