Apple to Release Q2 Earnings April 23
Apr 2nd 2013 11:23AM
Updated Apr 2nd 2013 11:26AM
Mac maker Apple will announce fiscal-second-quarter 2013 results on April 23 after the market closes, the company has announced. Following last quarter's plunge, investors will want to mark their calendars for Apple's release. The company plans to conduct a conference call to discuss the results at 5 p.m. Eastern Time on April 23.
Apple has changed the way it provides guidance in an effort to be more honest and transparent. The Mac maker expects revenue in the range of $41 billion to $43 billion, with gross margin of 37.5% to 38.5%. Operating expenses should be $3.8 billion to $3.9 billion.
Street analysts have expressed fears that the company may miss its own revenue guidance as well as consensus estimates.
The article Apple to Release Q2 Earnings April 23 originally appeared on Fool.com.Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.