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Apple Q4 Earnings Preview: What to Expect
During Apple's earnings call in July, CFO Peter Oppenheimer noted that the company was "on track to have a very busy fall." Three months later, Apple has delivered on that promise with the introduction of two new iPhones, two new iPads and updates to its Mac devices and software.
On Monday, Apple will report its fourth quarter earnings, giving analysts their first real chance to question the top execs about the strategy behind these new products as well as concerns about supply issues and early demand
The iPhone will likely be front and center in the call. Apple is expected to report sales of 33 million iPhones for the quarter, up from about 26.9 million the same quarter a year earlier, but the real focus will be on sales of the new devices. Apple previously announced that it sold nine million of the iPhone 5S and iPhone 5C devices in the opening weekend. Analysts will be looking for hints about sales since then and, more specifically, about supply constraints for the 5S device and demand for the cheaper 5C device.
Multiple reports have suggested that demand for the 5C has been less than expected Read more...
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