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Bryan M. Wolfe
| April 23, 2014
Numbers To Consider Ahead Of Apple’s Second Quarter FY2014 Earnings Call
Apple is scheduled to hold its second quarter results conference call at 2 p.m. PDT. Before they do, some numbers to consider: $43.6 billion Apple reported revenue of $43.6 billion during the second quarter of 2013. This included a quarterly net profit of $11.6 billion, or $12.30 per diluted share. The consensus estimate among 40 Apple analysts are for earnings of $10.33 per share on sales of $43.53 billion, according to Fortune. 19.5 million During the second quarter of 2013, Apple sold 19.5 million iPads. The consensus among 34 analysts is that Apple will announce iPad unit sales of 19.3 million, or a 0.7 percent decline year over year. 37.4 million Last year, Apple had its best March quarter in the history of the iPhone. During the quarter, 37.4 million handsets were sold. The consensus among 32 analysts is that Apple will announce iPhone unit sales of 38.19 million, or a 2 percent increase year over year. $531.70 Apple’s stock price is down 5.23 percent since the beginning of the year. On Tuesday, April 23, it closed at $531.70 per share. We’ll be providing a summary of today’s earnings call. To listen to the event live, click here beginning at 2 p.m. PDT / 5 p.m. EDT.