UPDATED 07:20 EDT / APRIL 23 2013

LIVE: Will Apple’s First Decline in Profit in 10 Years Mean Anything?

It is predicted that on today’s earnings call Apple will make history with its biggest second-quarter sales yet, and log its first decline in profit in 10 years. Analysts anticipate in today’s second-quarter earnings report Apple to post earnings of $10.12 per share on sales of $42.6 billion. That’s down from earnings of $12.30 per share, and up from the $39.2 billion in sales from the same quarter a year ago. You’d have to go back to 2003 to find an earnings report when Apple posted a decline in profit from the previous year’s quarter.

On today’s Live NewsDesk Show with Kristin Feledy (see live stream below) we’ll be hearing from SiliconANGLE Senior Managing Editor Kristen Nicole. What are analysts attributing the year-over-year decline in profits to? How does the distinction as a hardware company vs. a software-hardware hybrid change the way in which investors view the company? Do you think Apple should be identified as a hybrid company? And if they are identified in this way how might it change the way the market interprets Apple’s earnings reports in the future?

Tune in every morning at 9:15 am EST for live broadcasts of the day’s top news in tech.


Image credit: Slashgear


A message from John Furrier, co-founder of SiliconANGLE:

Support our open free content by sharing and engaging with our content and community.

Join theCUBE Alumni Trust Network

Where Technology Leaders Connect, Share Intelligence & Create Opportunities

11.4k+  
CUBE Alumni Network
C-level and Technical
Domain Experts
15M+ 
theCUBE
Viewers
Connect with 11,413+ industry leaders from our network of tech and business leaders forming a unique trusted network effect.

SiliconANGLE Media is a recognized leader in digital media innovation serving innovative audiences and brands, bringing together cutting-edge technology, influential content, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — such as those established in Silicon Valley and the New York Stock Exchange (NYSE) — SiliconANGLE Media operates at the intersection of media, technology, and AI. .

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a powerful ecosystem of industry-leading digital media brands, with a reach of 15+ million elite tech professionals. The company’s new, proprietary theCUBE AI Video cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.