You can check the full Apple press release after the break but today's earnings call promises to be interesting on two fronts. First, for the past several years Apple has reported stellar sales in practically ever category, losing ground somewhat in the portable music player front to an extent, but showing steady growth in Mac sales and explosive growth in iPhone and iPad sales. We think the trend will continue.
The question of Steve's health will no doubt be looming and will be a topic of conversation during the question and answer session at the end of the call. Yesterday's announcement sent Apple's stock tumbling in overseas markets and today, as of this writing, we're seeing AAPL down around 4%. That's actually not too bad considering the chatter about Steve being the sole visionary for the company. In terms of kneejerk market reactions, it could be much worse.
We'll post the results and a wrap-up of the call later today. You can listen to the call here starting at 2 PM Pacific or 5 PM Eastern.
Here's the full info on the call today from Apple PR.
WHAT: Apple® FY 11 First Quarter Results Conference Call
WHERE: Via conference call. The dial-in number for press is (888) 710-3987 (toll-free) or (913) 981-5526
WHEN: Tuesday, January 18, 2011, 2:00 p.m. PST/5:00 p.m. EST
REBROADCAST: The conference call will be available as a continuous rebroadcast beginning Tuesday, January 18 at 5:00 p.m. PST/8:00 p.m. EST through Tuesday, February 1 at 5:00 p.m. PST/8:00 p.m. EST. The dial-in number for the rebroadcast is (888) 203-1112 (toll-free) or (719) 457-0820. Please enter confirmation code 2752840.
WEBCAST: Apple will provide live audio streaming of its FY 11 First Quarter Results Conference Call using Apple's industry-leading QuickTime® multimedia software. The live webcast will begin at 2:00 p.m. PST on January 18, 2011 at www.apple.com/quicktime/qtv/earningsq111 and will also be available for replay for approximately two weeks thereafter. Viewers simply need a copy of QuickTime, available for download from www.apple.com/quicktime, to listen to the conference call.
This recording is the property of Apple and protected by U.S. copyright law and international treaties. Any reproduction or distribution is strictly prohibited without prior written approval from Apple. Please contact Apple Public Relations or Investor Relations with any questions.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple is reinventing the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices.