Apple Inc. (NASDAQ:AAPL) is scheduled to report its financial performance during the fourth quarter of the fiscal 2012 on October 25. Apple would provide comprehensive details of the company’s financial statement at the earnings conference call with shareholders from 2:00 PM t0 5:00 PM ET.
The earnings conference call would be streamed live on Apple’s investor relations page. The company said, streaming audio needs iPhone, iPad, or iPod touch powered by iOS 4.2 or above, any Mac that powered by OS X 10.5 or above, or any PC running QuickTime 7 or later.
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook and CFO Oppenheimer are expected to discuss the sales, revenues and expectations of the company. Some technology analysts speculated that the shortage of in-cell touch panel display negatively affected Apple Inc. (NASDAQ:AAPL)’s sales of iPhone 5 during the 4th quarter.
On the other hand, Analysts from Barclays PLC (LON:BARC) (NYSE:BCS) told investors on September 19, in case Apple Inc. (NASDAQ:AAPL) faced stock out their estimate is for the company to sell approximately 23.43 million iPhone 5 units during the September quarter.
Last week, analysts from JPMorgan Chase & Co. (NYSE:JPM) projected that the Cupertino-based tech giant would be able to sell 50 million iPhone 5 units during the fourth quarter of 2012. The analysts noted the strong demand for the device, and China will drive the sales of the 6th generation iPhone.
During the 3rd quarter of the current fiscal year, Apple Inc. (NASDAQ:AAPL) reported $9.32 earnings per share from its $35 billion revenue. The earnings missed the $ 10.36 per share and $37.2 billion revenue consensus estimate by analysts based on the data compiled by Thompson Reuters. During the three months period ending in June, Apple Inc. (NASDAQ:AAPL) sold 26 million iPhones and 17 million iPads.
During the first 24 hours of preorder sales, Apple Inc. (NASDAQ:AAPL) sold 2 million iPhone 5 units and 5 million units during the first weekend of its availability in the market.