As we mentioned last month, Apple will today host its quarterly conference call to discuss its earnings report from the third quarter of its fiscal year: this includes 35.2 million iPhones, 13.2 million iPads, 2.9 million iPods, and 4.4 million Macs. Apple reported today that it earned $37.4 billion in revenue during its Q3 period.
This will be the first quarterly conference call with analysts and investors since Apple announced its plans to acquire Beats Electronics and Beats Music in a $3 billion deal that it expects to clear regulatory approval by the end of the current quarter in September. Today’s call also will be the first since Apple’s developer conference in June as well as Apple’s announced partnership with IBM to bolster the iPhone and iPad effort in the enterprise. It also marks Luca Maestri’s first call as CFO since Peter Oppenheimer’s retirement, although Maestri has been present on past calls.
Investors and analysts will surely focus on Apple’s new product plans for the remainder of this year, though, and we’ll be listening to bring you coverage starting at 5pm EST/ 2pm PST.
-Earnings report is out!
-Commence twenty minutes of high fidelity hold music notably not by Dre… Shazam integration with Siri in iOS 8 doesn’t recognize the song.
-You can listen along to the call at home here. Not yet playing on iTunes Radio… Someone should notify Eddy Cue. (These do hit iTunes after hours though if you’re into that sort of thing.)
-12 minute warning!
-Anyone know if that’s Craig Federighi playing the piccolo? 4 minute warning!
Apple delivers upbeat earnings music—
Ina Fried (@inafried) July 22, 2014
-The call is kicking off! Tim Cook and Luca Maestri will be speaking first, forward looking statements included, yada yada yada, then Q&A.