Today, Apple updated its investor relations page and noticed that it will announce its earning for the fourth fiscal quarter i.e. the third quarter of calender of 2013 on 28th October. The regular stock trading closes after 4:30 PM, so release must follow these timings.
Apple’s stock rate is down with 8.3 percent year-to-date and roughly $180/share off its highs of last year. This release will clear so many things, including sales of iPhone 5s and 5c across their first weeks of availability and also about the new products announced at WWDC.
Its analysed that current price recorded is high quite a bit from the previous earnings call and literally its all about the ability of innovation done without Steve Jobs.
Its expected that the revenue in it’s third-quarter is $34-37 billion and gross margin between 36 and 37 percent for the fourth quarter.