AAPL shares have been tanking the last few weeks after reaching a record high in 2014, but Apple is looking to stop the bleeding later this month by announcing what’s expected to be another record breaking earnings report for Q1 2015 on January 27th.
Tim Cook and CFO Luca Maestri will reveal how much money Apple raked in off iPhone 6 and iPad Air 2 sales for the holiday quarter during a live conference call with investors and the press at 2PM Pacific. The call will be live streamed on will be Apple’s investor site, per usual.
The first financial quarter of the year is usually Apple’s biggest money maker thanks to new iPhone upgraders in the Fall, coupled with holiday sales for the iPad, Apple TV and Mac. Apple is looking to beat its previous record set in Q1 2014 when it reported $57.6 billion in revenue, aided by 51 million iPhone sales and 26 million iPads sold.
Apple told investors in October that it expects to pull in between $63.5 billion and $66.5 billion in revenue for the quarter with operating expensive projected to run around $5.4 billion. Cult of Mac will be covering the conference call as well as the earnings report live on January 27th.
