On 20th October, 2014, after the business sector closes, Apple Inc. (NASDAQ:AAPL) plans to reveal its fourth quarter’s earnings and its yearly income for the current fiscal year to the general public. It is quite an anticipated day for Apple, its investors and newshounds. As always, there has been a lot of predictions by different analysts on what sort of a report could be expected; all estimates and speculations have been made on the basis of how Apple gadgets have performed in the market against its competitors. Here are a few things you can expect from the report.
According to experts Apple will show earnings of $1.31 per share (up by 12% year-over-year). It is way lower than the $8.26 earnings per share the company had last year over the same fiscal period. However the previous year’s results were discharged before the 7-for-1 stock part instituted by Apple on June 9. It had a gross profit of 44.56% and a net profit of about 20.7%.
Last year Apple Inc. posted $37.5 billion in revenue as its fourth quarter’s earnings, which ended in September 2013. This year, it is expected that the earnings will go up by at least 7% i.e. it is expected that the total revenue it earned in this quarter will be at least $40 billion. Some analysts believe that the purchase of 10 million new iPhones in the first week launch will take the revenue mark as high as $43 billion. Its total earning for the current fiscal year will touch at least the $180 billion mark, which is up from the $170 billion it earned for the same period one year ago.
The value of a single share of Apple Inc. in the stock market is currently around $97, a rise by 21% compared to the beginning of the year. Since the June 9 stock split for the company the value has gone up by 5%. This shows that the performance of Apple in the industry has been great because it has continued to outperform the industry in the last 33 out of 34 quarters. It is expected that the value of Apple’s shares will continue to rise in the stock market even though it is already making considerable gains.
Yet with Apple, examiners and financial specialists have a tendency to think more about the street ahead. It is estimated that Apple Inc. will generate at least $63.5 billion in revenue in the first quarter of the fiscal year, which includes Christmas and holiday shopping seasons. The pre-orders for iPhone for Apple have been great; pre-order of 20 million iPhones in China and with iPhone sales that started on the 17th of October things are looking great for the tech giant. Apple will release its results at a time when it has unveiled its new iPad Air 2 and iPad small scale 3 tablets. The new gadgets will contribute to the overall sales when the organization will calculate its income for its first-quarter.
It can be safely said that despite ups and down in the market, Apple Inc. (NASDAQ:AAPL) is looking great and its future seems secure and bright – great news for investors and the company itself.