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What to Expect From Apple’s Fiscal Fourth Quarter Numbers Report

Tomorrow being the last day in the fourth quarter, its safe to evaluate what we can expect to hear from Apple’s (Nasdaq: AAPL) fiscal fourth quarter numbers. Analysts warn that Apple will primarily focus on how it will overcome current economic downturn, in the face of a struggling economy and weak consumer demand.

appleApple will be releasing its fiscal fourth quarter numbers soon. Recently reports have come in explaining that consumer spending and demand in the personal computer market is at an all time low. Apple needs to shift focus and address the economic crisis head on, while cutting costs, margins and introducing new products at aggressive price points.

“The overriding theme will be how Apple confronts the economic downturn which seems to be striking at the heart of the company’s consumer-oriented buyers,” Ed Sutherland reports for Cult of Mac. “ThinkPanmure analyst Vijay Rakesh believes Tuesday will include much of what he’s been predicting since last week: a slight trimming of quarterly revenue to $7.8 billion, down from the previously projected $7.9 billion. Rakesh believes cheaper PCs and the influx of netbooks from Dell and others will dent Apple hardware sales,” he continues to explain.

Current Analysis analyst Avi Greengart reports about hopes that recent iPhone rumors hold true. “I’d love to see higher capacity iPhones with easy synchronization for both music and movies – including rentals – the iPhone runs out of storage faster than most mobile devices,” Greengart told Cult of Mac.

Back on July 21, 2008, when Apple CFO Peter Oppenheimer announced Apple’s 3rd quarter earnings results, shares of Apple were floating around $160. More recently, share of Apple have been getting hammered, hitting their lowest point since mid-2007. So it’s evident that Apple needs to focus on what is important, and how they will react to the ongoing slowdown in consumer spending.

One point that can be made against Apple is the lack of a viable competitor in the “under-$1,000″ range of notebooks. Many analysts and consumers have reported about the need for a product in this space. Apple should be releasing overhauled Macbooks/Macbook Pro’s within the next few weeks. If rumors hold true, Apple shares could see some fresh air, however the stock is under a microscope at the moment. Recent reaction to the market has proved that shares of Apple are not immune to the current financial crisis.

Another point of interest is the amount of money that Apple has in the bank. Reports are claiming that Apple’s momentous pile of cash is reaching sums of $21 billion. Some shareholders are demanding action (whether it be an acquisition, or public research), however Apple has remained extremely confident with their intentions on using that money wisely, and when the timing is right.

Once its released, you’ll be able to find the official Press Release on Apple’s website in the Investor Relations section.

Comments [2]

2 Comments to “What to Expect From Apple’s Fiscal Fourth Quarter Numbers Report”

Freely9OS @ September 29th, 2008 at 4:27 pm
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So, does this mean that we probably won’t be getting any real upgrades tomorrow? I mean, it seems as though Apple is going to save anything they have for an important announcement in October. Maybe just the Apple TV software update tomorrow?

What can we expect to see?

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Aviv @ September 29th, 2008 at 4:29 pm
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Honestly, I’m referring to fiscal numbers. Every last bit of information that I have about upcoming products, I have already shared. I am not 100% sure what we can expect to see tomorrow. It is the last day in the quarter and it’s a Tuesday. So, speculation has run wild.

We’ll see shortly.

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