Apple plans to announce how well it did during the holiday buying period later this month. A conference call to announce the tech giant’s first quarter of 2012 financial results is set for January 24. Wall Street consensus forecasts a blowout quarter with Apple earnings up 43 percent on $38.16 billion of sales.
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In the highly-competitive holiday sales period, Amazon’s $199 Kindle Fire tablet ‘at most’ cost Apple 1 million to 2 million iPad sales, one Wall Street observer said today. Despite the dent in sales, the tech giant is expected to turn in record iPad sales figures for this quarter.