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Brief: Apple to Announce Q1 Results Today

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Today, after the market close, Apple will announce Q1 results. Analysts are expecting 1,39$ per share (EPS) results, which are 21% lower than the 2007 results. US$9,7 bn is the result expected for the revenue sales.

In the last five earning reports, Apple presented results above the estimates. It is unlikely for this to happen again owing to the current economic crisis which affects the technological sector, among many others, and the issues surrounding Apple CEO Steve Jobs’ health.

Update: Apple, Inc. is expected to announce the Q1 results, and not Q4 results as otherwise stated in the previous edition. PhoneReport apologizes for the inconvinience to whichever party it might have affected.

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By , Financial Director and Correspondent on Jan 21st, 2009 GMT +2

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