News
Apple to reveal Q1 2011 results January 18
Apple has updated its Investor Relations page to indicate that it will announce its financial results for the first fiscal quarter of 2011 on Tuesday, January 18, and will conduct a conference call to discuss the results at 2:00 p.m. PT that day. As always, iLounge will be covering the conference call, and will post any relevant notes from the discussion. Apple’s quarterly results are highly anticipated as an indicator of the relative strength of the iPod, iPhone, and iPad product lines. Though the company saw a noteworthy decrease in iPod unit sales from Q1 2009 to Q1 2010, iPhone unit sales doubled, foreshadowing a year of rapidly increasing demand for the company’s touchscreen products. The results will also include sales numbers from the iPad’s first holiday quarter, expected to be spectacular, and will complete the company’s first calendar year sales numbers for the device, which stood at 7.46 million as of September 25.
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