Apollo Group Inc. (APOL)

F1Q2011 Earnings Call Transcript

January 10, 2011 5:00 pm ET

Executives

Allyson Pooley – VP, IR

Greg Cappelli – Co-CEO

Brian Swartz – SVP and CFO

Chas Edelstein – Co-CEO

Joe D'Amico – President and COO

Analysts

Suzi Stein – Morgan Stanley

Andrew Steinerman – JP Morgan

Gary Bisbee – Barclays Capital

Sara Gubins – Bank of America-Merrill Lynch

Trace Urdan – Signal Hill

Ariel Sokol – UBS Securities

Jerry Herman – Stifel Nicolaus

Arvind Bhatia – Sterne Agee

Peter Appert – Piper Jaffray

Jeff Silber – BMO Capital Markets

Amy Junker – Robert W. Baird

Paul Ginocchio – Deutsche Bank

Scott Schneeberger – Oppenheimer

Bob Wetenhall – RBC

James Samford – Citigroup

Brandon Dobell – William Blair

Presentation

Operator

Good afternoon, ladies and gentlemen and welcome to the first quarter 2011 earnings release conference call. At this time, all participants are in a listen only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. Please refrain from entering into the queue until permitted. (Operator instructions)

This conference call is being recorded today, January 10, 2011, and may not be reproduced in whole or in part without permission from the Company. There will be a replay of this call available through January 17 beginning approximately two hours after we conclude today. The replay number is 800-642-1687 or 706-645-9291 internationally. The conference ID for the replay is 29367436.

I would now like to turn the call over to Allyson Pooley, Vice President of Investor Relations. Ms. Pooley, go ahead, please.

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