It’s that time of year again: Apple will be announcing its Q1 2014 earnings on Monday, January 27 just before 2pm PST (5pm EST). The company’s standard earnings call will follow shortly afterward, and Senior Reviews Editor Lee Hutchinson and I will be on hand to liveblog the call, make charts, and provide commentary.
Apple’s revenue is driven by its new products, and it released plenty of them between October and December. Apple launched the redesigned iPad Air and a substantially upgraded iPad mini; relaunched the old iPad mini at a slightly lower price of $299; put out new 13-inch and 15-inch Retina MacBook Pros; and released the new Mac Pro, though the latter happened so late in the month that it’s unlikely to have a huge impact on the bottom line. The iPhone 5C and 5S are both still early in their product cycles, and Apple usually enjoys brisk sales of all its devices over the holiday season.
The company projected that it would generate revenue between $55 and 58 billion with a profit margin between 36.5 and 37.5 percent and operating expenses of around $4.5 billion. Follow the liveblog on Monday to see how reality lines up with those projections.
via Ars Technica http://ift.tt/1mLCNdr