Wednesday, April 20, 2011

Apple Q2 Financials Due Today

At 4:00 PM Today (CST), Apple will hold their 2011Q2 earnings call to announce their financial results, or promptly after the market closes. Early this year, Apple reported 2011Q1 earnings with record revenue of $26 billion and over 7 million iPads sold in the quarter. Todays call is expected to cover iPad and iPad 2 (only 21 days) sales in the quarter as well as report iPhone and Mac sales.

AT&T announced this morning that they activated 3.6 million iPhones in this past quarter and 322,000 3G tablets. In February, Apple ended their exclusivity to AT&T for the iPhone by providing Verizon a CDMA version. The earnings call today may also provide some insight into Verizon iPhone launch and sales.

Tune in this afternoon, here is a link to an Audio only stream of Apple's earnings call.

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