Apple will reveal its first-quarter results on January 12, the day after Apple CEO Steve Jobs delivers his Keynote presentation at Macworld San Francisco.

Analysts have high expectations for the company, which saw its share price triple in the last year. Thanks to the dominance of the iPod, Apple's shares soared almost 200 per cent in 2004 from $21.55 to end the year at $64.40.

Analysts surveyed by Thomson First Call expect Apple to earn 48 cents a share on $3.17 billion in revenue, according to CBS Marketwatch.

Christmas shopping

The financial results will cover the Christmas shopping period and analysts are predicting iPod sales of more than 4 million for the three-month period.

Analysts have also revealed that there is evidence of the halo effect, and that sales of iMac computers are beginning to grow as a result of the popularity of the iPod.

In the weeks prior to Christmas rumours of a lower-priced flash-based iPod, expected to be revealed during the Keynote, had a part to play in Apple's soaring share price. A rumoured low-price Mac is also expected to have a positive effect on the companies share price.

UPDATE: Analysts at First Albany this morning issued a 50 cent per share earnings estimate on the company's stock.