Apple will announce its third-quarter earnings on Tuesday July 17 at 11pm (BST), the day before Macworld Expo New York kicks off with a keynote speech from Apple CEO Steve Jobs.

It also delivered its third-quarter results the evening before Expo last year. The recent stability of its share price, and positive predictions from analysts that it would meet its revenue targets indicate a successful quarter, according to industry observers.

The company announced a net profit of $200 million for its third quarter last year. This figure excluded $37 million in after-tax gains from the sale of 4.95 million shares of ARM Holdings.

Apple's remaining stockholding in ARM is unknown, but the company has announced quarterly sales of its remaining portfolio in that company. Morgan Stanley Dean Witter yesterday rated ARM a "Strong Buy", so Apple could benefit from a strategic sell-off as its financial call approaches.

Apple's stock value rose 3.04 per cent (67 cents) on trading yesterday, closing at $22.7. This exceeds growth across the Nasdaq Index, which rose 1.13 per cent on the day.