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.