Apple to report first-quarter earnings on January 23

The company will talk first-quarter 2013 financials later this month, as part of a scheduled earnings release and conference call.

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 iPhone, which continues to be Apple's top seller. Apple's iPhone 5 was on sale for the entirety of the quarter, while its newest iPods and iPads launched near the end of October. The company also revamped much of its Mac computer line, though its iMac models only began shipping near the end of the quarter.

As usual, the company will hold a conference call at 2 p.m. PT to discuss the results with Wall Street analysts, a call that is typically run by Apple CEO Tim Cook and CFO Peter Oppenheimer.

About the author

Josh Lowensohn joined CNET in 2006 and now covers Apple. Before that, Josh wrote about everything from new Web start-ups, to remote-controlled robots that watch your house. Prior to joining CNET, Josh covered breaking video game news, as well as reviewing game software. His current console favorite is the Xbox 360.

 

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