Apple to announce Q4 2011 financial results on October 18th

Apple to announce Q4 2011 financial results on October 18th

Apple has updated its investor page with the news that it will reveal its Q4 2011 financial results on October 18th. The earnings announcement will be accompanied by a conference call beginning at 2:00PM PST/5:00 PM EST.

 

Another conference. “Great.”

This one’s different, trust us. Our new event for New York is focused on quality, not quantity.

Apple reported gangbuster earnings in Q3, surpassing industry estimates.

Apple sold a massive 20.34M iPhones in Q3, up 142% year over year, and 9.25M iPads, bringing iPad sales up 183% year over year as well. Apple sold 3.95 million Macs during the quarter, bringing sales up 14% when compared to the same quarter a year ago.

Apple’s revenue was up from Q2 and blew away Wall Street estimates. Thomspon Reuters estimates of Apple’s Q3 had placed overall revenue at $24.9B, with earnings of $5.80/share, while Moskowitz called for sales of $27.42B with earnings of $6.58.

The only product sales to go down were iPods, of which Apple sold 7.54M, which is down 20% from the year ago quarter.

Q3 2011 was the best non-holiday Mac quarter as well as the best iPad and iPhone sales quarter in Apple’s history. You can find the Apple earnings release here.

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