October 28, late at night, Moscow time, immediately after the close of stock markets Apple will announce financial results for the fourth quarter of 2013.
According to analysts, the financial results announced by Apple, will not be higher than projected. In September, the company has just started selling the latest smartphone iPhone 5c and iPhone 5s. Sales of new products launched at the end of the month, and little impact on the quarterly results of the company.
In III quarter of 2012-2013 fiscal year (ended June 29, 2013), Apple’s net profit declined 21.8% to $ 6.9 billion compared with the figure of $ 8.82 billion received in the same period last year. The company’s revenue in the III quarter of fiscal grew by 1% to $ 35.3 billion
Despite the decline in net income on an annual basis the financial results of Apple surpassed Wall Street’s expectations. Analysts polled by Reuters, had forecast earnings per share of $ 7.32 and revenue of $ 35 billion Shares producer iPad on an extended session jumped over 4%. In the reporting quarter was sold 31.2 million smartphones iPhone with the forecast of analysts 26,100,000 shares. Apple has named this volume record for the third quarter – a 20% increase over the same quarter last year.
As always, after the announcement of the financial results of Apple executives will answer questions from the audience. Apple will hold audio broadcasting the event on its website.
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