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Bryan M. Wolfe
| January 21, 2013
Tim Cook’s Words, Not Apple’s Numbers Could Be Most Important This Week
On Wednesday, Apple will announce the company’s earnings during the holiday quarter. While most expect Apple to report amazing results, it is what Apple CEO Tim Cook says afterwards that will be most important, according to AppleInsider. Apple’s stock is down around 30 percent since September, because investors are concerned with the company’s long-term prospects. In other words, even if Apple were to announce record earnings this week for the October through December time period, Wall Street wants to know more. This is why Cook’s words, and those of CFO Peter Oppenheimer, will be most important. Apple is expected to announce sales of at least 50 million iPhones and 23 million iPads. If correct, these would be much higher than the numbers recorded during the same quarter last year. In 2011, Apple sold 37 million iPhones and 15 million iPads. Apple Could Announce A Record-Breaking Quarter In Terms Of iPhone Sales, and Only Apple Knows For Sure Whether The iPhone 5 Is In Trouble. Source: AppleInsider