Apple stock closes down, Q1 financial results tomorrow

Apple's stock price (AAPL) has closed down -6.38%, today, at $64.56, after Apple makes several product announcements during the MacWorld Expo opening keynote. The stock went up 1.46% in after hours, reaching $65.50. However, according to MacObserver, analysts liked the announcements Apple has made today.

Tomorrow, the company reports its financial results for the first quarter of 2005, ending on December 2004. Analysts expect earnings of around $0.48 per share for this quarter and revenues of around $3 billion. The results will be webcasted via QuickTime here.

During today's keynote, Steve Jobs revealed some information on this quarter's sales: Apple sold more than 4.5 million iPods and the iMac was the most successful Mac during this quarter, which would mean Apple has sold around 300 000 iMacs. The iTunes Music Store sells approximatively 1.25 million songs a day, and has sold as many as 230 million songs since its introduction. By the way, we can guess that Apple has beaten analysts' expectations, at least on sales and should provide quite good financial news to investors tomorrow.