It’s equivalent to a holy day in the financial world among tech stock traders. The days on which Apple releases financial results are blockbuster occasions not to be missed for anything.
On Tuesday, the iPhone maker announced that its Q3 2012 results will be released on Tuesday, July 24th.
Based on the details provided to investors this morning, the call will commence sharply at 2:00 PM Pacific/5PM Eastern time. Streaming will be available via QuickTime through Apple’s website.
It goes without saying that there’s a lot of hype surrounding this Q3 earnings call.
Over the last few years, Apple has released an almost unbroken streak of sequential record-breaking earnings reports. It will interesting to see what becomes of this pattern when the latest numbers are trumpeted.
As of this writing, AAPL is trading at $599.41. With a powerful earnings report, that share price could easily climb $50 from where we sit today.