Search

Apple to announce first quarter 2012 earnings on Jan. 24

Mark your calendars for what's expected to be a monster quarter

Apple (aapl) investor relations has scheduled a conference call with analysts on Tuesday, Jan. 24 at 5 p.m. ET (2 p.m. PT) to discuss its first fiscal quarter results.

Given last summer's pent-up demand for the new iPhone that was finally released in October, this should be a big one.

The Street's consensus, as reported Tuesday by Thomson Reuters, is for earnings of $9.83 per share on sales of $38.16 billion, up 53% and 43%, respectively.

The more bullish (and generally more accurate) independent analysts we polled over the weekend are calling for earnings of $12 on sales of $43.26 billion, up 87% and 62%, respectively.

Apple closed Wednesday at $411.23, up $6.23 (1.54%) for the day. Its forward P/E is now 10.59, still relatively low for  a cash-rich company generating that kind of year-over-year growth.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions