Apple (AAPL) Q4 2011 Earnings Call October 18, 2011 5:00 pm ET Executives Peter Oppenheimer - Chief Financial Officer and Senior Vice President Nancy Paxton - IR Timothy D. Cook - Chief Executive Officer and Director Analysts Keith F. Bachman - BMO Capital Markets U.S. Richard Gardner - Citigroup Inc, Research Division Benjamin A. Reitzes - Barclays Capital, Research Division Kulbinder Garcha - Crédit Suisse AG, Research Division Mark A Moskowitz - JP Morgan Chase & Co, Research Division Katy Huberty - Morgan Stanley, Research Division Chris Whitmore - Deutsche Bank AG, Research Division A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division Scott D. Craig - BofA Merrill Lynch, Research Division Mike Abramsky - RBC Capital Markets, LLC, Research Division Bill C. Shope - Goldman Sachs Group Inc., Research Division Charles Eugene Munster - Piper Jaffray Companies, Research Division PresentationOperator
Good day, everyone, and welcome to the Apple Inc. Fourth Quarter Fiscal Year 2011 Earnings Release Conference Call. Today's call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to Nancy Paxton, Senior Director of Investor Relations. Please go ahead, ma'am. Nancy Paxton Thank you. Good afternoon, and thanks to everyone for joining us. Please note that some of the information you'll hear during our discussion today will consist of forward-looking statements including without limitation, those regarding revenue, gross margin, operating expenses, other income and expense, stock-based compensation expense, taxes, earnings per share and future products. Actual results or trends could differ materially from our forecast.