Apple Releases Q3 Earning Statement via Conference Call

This article was originally posted on the InspireTech Blog

Yesterday Apple posted the conference call of their 3rd quarter earnings for this year. In spite of reporting high profits and great success, Apple’s stock fell later that day in after hours trading. Here is the originall text from Apple’s website

Media Alert

FY 08 Third Quarter Results Conference Call

WHAT: Apple® FY 08 Third Quarter Results Conference Call

WHERE: Via conference call. The dial-in number for press is: (888) 572-7032 (toll-free) or (719) 457-2677

WHEN: Monday, July 21, 2008, 2:00 p.m. PDT/5:00 p.m. EDT

REBROADCAST: The conference call will be available as a continuous rebroadcast beginning Monday, July 21 at 5:00 p.m. PDT/8:00 p.m. EDT through Monday, August 4 at 5:00 p.m. PDT/8:00 p.m. EDT. The dial-in number for the rebroadcast is (888) 203-1112 (toll-free) or (719) 457-0820. Please enter confirmation code 4120259.

WEBCAST: Apple will provide live audio streaming of its FY 08 Third Quarter Results Conference Call utilizing Apple’s industry-leading QuickTime® multimedia software. The live audio webcast will be accessible through Apple’s website at www.apple.com/quicktime/qtv/earningsq308/. Viewers simply need a copy of QuickTime 6 or QuickTime 7 to listen to the conference call. QuickTime 7 is available from www.apple.com/quicktime.

This recording is the property of Apple and protected by U.S. copyright law and international treaties. Any reproduction or distribution is strictly prohibited without prior written approval from Apple. Please contact Apple Public Relations or Investor Relations with any questions.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.

Press Contacts:
Steve Dowling
Apple
(408) 974-1896
[email protected]

From The iPhone Blog:

Apple shipped 2,496,000 Macintosh® computers during the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12 percent unit growth and seven percent revenue growth over the year-ago quarter. Quarterly iPhone™ units sold were 717,000 compared to 270,000 in the year-ago-quarter.

“We’re proud to report the best June quarter for both revenue and earnings in Apple’s history,” said Steve Jobs, Apple’s CEO. “We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we’re busy finishing several more wonderful new products to launch in the coming months.”

“We’re extremely pleased with the growth of our business and the generation of almost $5.4 billion in cash in the first three quarters of fiscal 2008,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth quarter of fiscal 2008, we expect revenue of about $7.8 billion and earnings per diluted share of about $1.00.”

-Jameson

[Source: The iPhone Blog]