apple hq

It looks like folks wondering how Apple did financially last quarter will find out in just a few short weeks. The Cupertino company announced this afternoon that it will be releasing its financial results for Q2 2013 on April 23.

Apple’s earnings reports are typically a major affair in the tech world, and this one is particularly important. The iPad-maker’s stock is at its 52 week low, and it needs to post some big numbers to change the conversation…

But, as we found out in Q1 of this year, it’s going to be hard to impress Wall Street. Apple posted record numbers for the holiday quarter, selling 47.8M iPhones, 22.9M iPads, for $54.5B in revenue, and its stock dropped 6%.

And it’s going to be especially tough this time around. Apple’s decision to refresh most of its product lines last fall left us without any new product announcements (besides 128GB iPad) during the company’s fiscal 2nd quarter.

Apple’s Q2 conference call is slated to begin on Tuesday, April 23 at 2pm PST. And as usual, we will be providing full coverage of the call including financial results, announcements and other highlights. So make sure to tune in.

  • Rodney Coleman

    Hate it droid fans

  • Actually, AAPL fell over 12% after 4Q earnings! The investors were just so upset that they didn’t manage to hold onto massive 100%+ gains in iPhone sales… so although they sold a record number of phones, at 48 million, they fell and now are are closing on in a 52-week low… but, what the investors don’t realize, it that the smartphone market is maturing rapidly… and you can’t expect such rapid growth from any of the big tech companies anymore! Apple isn’t alone.

    • Anon

      Apple beat earnings last quarter, but revenue per share dropped. Investors didn’t like that and tanked the stock. Made a lot of people, a lot of money that day ;). Haha. I think Apple will miss Q2 earnings. But, who knows, nowadays you can announce outstanding earnings and still drop, you can report a net loss and skyrocket. I don’t think Apple will see $700 for a very long time. They won’t even come close this year. But, who invests for the long term nowadays. We just need 30 minutes in the stock, with a little price action and some level 2 data, and we are good to go.

  • The cash pile is only gonna get bigger..