Later today starting at 5:00 PM ET (2:00 PM PT) Apple will hold the Q2 2011 earnings call to announce their financial results, shortly after the markets close. An audio-only live streaming will be available here. We will offer a breakdown of the results and have a post in the homepage with continually updating notes from the earnings call.
In Q1 2011, the company posted a record revenue of $26.74 billion with 7.33 million iPads sold, 16.24 million iPhones and 4.13 million Macs. Today’s financial results will offer an insight into Verizon iPhone sales, which were rumored to be “low” and “under Apple expectations”, whilst AT&T has announced this morning 3.6 million iPhone activations in the first quarter. AT&T also revealed 322,000 3G tablets were sold in the quarter, but didn’t specify whether or not they were Apple iPads. Notes from Apple’s lawsuit against Samsung also indicated the company sold 60 million iPod touches since 2007, 19 million iPads and 108 million iPhones by March 2011. Considering Apple previously revealed 15 million iPads were sold from April to December 2010, analysts are expecting a minimum of 4.2 million iPads sold in the quarter. Analysts polled in the past weeks also predicted Apple might have sold nearly 20 million iPhones in the second fiscal quarter.
Tune in at 5PM ET for a full breakdown of the financial results and live updates from the earnings call.
