This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Sets Q1 Earnings Date

NEW YORK ( TheStreet) -- If market sentiment is weighing on Apple (AAPL - Get Report) stock, then Jan. 23 will be the day the company shows the market whether it's right or wrong.

Apple has set its first-quarter earnings release for Jan. 23, with a conference call at 5 P.M. EST to discuss the results. Wall Street will be paying close attention to sales figures for the iPhone and iPad, with the iPhone driving more than half of Apple's revenue in its most recent quarter.

The end of 2012 was not kind to Apple or its shareholders, as the company lost nearly 20% of its market cap in the final three months of the year. This was also Apple's busiest time of the year as the tech giant launched several new products.

Apple unveiled the iPhone 5 at a glitzy event in September, which TheStreet attended. Subsequently, in October, Apple updated nearly all of its products, announcing the iPad mini, a fourth-gen iPad, and multiple new Mac computers. TheStreet also attended this event.

Apple iPad Mini: First Impressions

Analysts are expecting a banner quarter for Apple, predicting the company will grow revenue 17.6% year-over-year. According to analysts polled by Thomson Reuters, Apple is expected to earn $13.33 a share on $54.5 billion in revenue.

Shares of Apple rose in the first trading day of 2013, tacking on 3.17% to close at $549.03.

Interested in more on Apple? See TheStreet Ratings' report card for this stock.

-- Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $115.01 -2.90%
FB $93.99 -0.16%
GOOG $630.30 -0.14%
TSLA $265.57 2.10%
YHOO $37.05 0.98%

Markets

Chart of I:DJI
DOW 17,523.07 -75.13 -0.43%
S&P 500 2,092.04 -6.00 -0.29%
NASDAQ 5,101.5660 -13.8160 -0.27%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs