Apple ’s quarterly profits news report commonly puff a destiny of attention from the fiscal world , as one would expect from a company with a grocery capitalisation of around $ 388 billion . But this Tuesday ’s announcement of Apple ’s financial quaternary - one-quarter performance figure to be of extra import : It will be Apple ’s first quarterly earnings write up since changing CEOs .
Steve Jobs , who had run Apple for the past 14 old age , resigned as CEO in August . He was substitute by Tim Cook , previously Apple ’s principal operating officer .
analyst will be interested to recognize what Apple ’s future hold without Jobs , who pass away earlier this calendar month after battle pancreatic cancer . And while the company usually declines to comment on specific about future ware plans , Apple executive are potential to look question about the company ’s strategy in the come months .
Apple will announce its quarterly earnings Tuesday good afternoon after stock food market trading closes for the daylight . A conference call with Wall Street psychoanalyst is slat for 2 p.m. PT ; we ’ll have live reporting of that call on Macworld.com .
The post - earnings briefing are usually conducted by Cook and chief financial officer Peter Oppenheimer . It ’s unreadable if Cook will continue to participate in the group discussion call now that he ’s CEO . ( Jobs rarely participated in the briefing during his land tenure , leaving those duty to other executives . )
analyst are looking for Apple to report net profit of $ 7.28 a part on revenue of $ 29.45 billion , accord toconsensus estimate . During July ’s briefing with analysts , Oppenheimer said the companionship was projecting profits of $ 5.50 per share and receipts of $ 25 billion , though Apple ’s forecasts are notoriously conservative .
Apart from its CEO transition , the financial 4th quarter was a meddling one for Apple . During the three - month flow , which ended in September , the company releasedMac OS X Lion , the Thunderbolt Display , Thunderbolt - equip MacBook Airs , and update Mac minis .
Analysts will desire more contingent on how the upgrade to Lion is progressing . At theiPhone 4S eventearly this calendar month , Cook indicated that Lion had been download more than 6 million times .
It will also be interesting to see what impact Apple ’s new hardware releases — in particular the MacBook Air — had on the company ’s Mac business . laptop generally account for more than two - thirds of Apple ’s Mac sales , so the MacBook Air could well extend to drive that trend . Inthe fourth - fourth of its 2010 financial twelvemonth , Apple plant a then - record for quarterly Mac sales of 3.89 million — it top that mark three months afterward — so analysts will look to see if the new computers loose over the summer help maintain the Mac ’s strong sales impulse .
We ’ll sure as shooting get updated numbers on iPod , iPad , and iPhone sales Tuesday , but those figures will only cover nomadic devices sold during July , August , and September . Thefour million iPhone 4S modelsApple deal since releasing the novel phone on Friday gloam in its financial first quarter of 2012 , as do the small changes Apple has made to its iPod line for the come holiday time of year .
