Apple will reveal its third quarter financial results on Wednesday next week, July 13.
Company executives will reveal Apple's recent business at 2pm PDT (10pm UK time). The discussion will be made available as an audio webcast in QuickTime format.
Apple has been on a roll, delivering significant business improvements in recent quarters. Its second quarter 2005 was a record for the company, prompting Apple CEO Steve Jobs to say: "Apple is firing on all cylinders and we have some incredible new products in the pipeline for the coming year."
$3.25 billion result predicted
Speaking during the second quarter results announcement, company chief financial officer Peter Oppenheimer predicted a slight increase in revenues in the current business term, but anticipated a dip in profits.
“Looking ahead to the third quarter of fiscal 2005, we expect revenue of about $3.25 billion and earnings per diluted share of about $.28,” he explained.
Apple is currently rated as a stock to buy by analysts from UBS, First Albany and the Banc of America. Piper Jaffray rates the stock an "outperform".
However, recent rumours of inventory excesses and certain lawsuit concerns, along with expectation of bitter battle in the music player market once mobile music phones appear have slowed Apple's share price growth in recent weeks.
Apple's stock currently stands at $36.50.