Apple will report its fourth-quarter financial results on Wednesday after the markets close. Analysts surveyed by Thomson First Call are expecting earnings, on average, of 50 cents a share, up from 38 cents a share a year ago. Revenue for the quarter is expected to be $4.4 billion, up from $3.69 billion last year, on strong iPod and MacBook demand. Marketwatch notes that it will be the first Apple financial report since the company said that it will restate some past earnings because an internal probe found evidence of employee stock option grant irregularities.
Apple to report Q4 earnings this week
By LC Angell
LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.