Apple to post Financial Results on Monday

Apple will release its Q4 (or calendar Q3) Financial Results as well as its fiscal year results on Monday, October 22.

The company is expected to post strong results on unpreceded Mac sales figures and steady iPod sales. The iPhone should also have a slight impact on revenue for this first full quarter of availability.

According to analysts, Apple will post revenue of about $6 billion and profits of nearly $0.85 a share, compared to $4.84 billion of revenue and profit of $0.64 per share on the year ago quarter.

Apple's stock has been a big performer during the last few weeks on high analysts estimates and on market share studies: sales of over 2 million Macs, 10 million iPods and 1 million iPhones are expected for the quarter, while IDC and Gartner posted studies claiming Apple currently has 6.3 between 8.1% of the U.S. PC market share.

The company's shares are trading above $170 after their October 18 all-time high of $173.5. Apple's market capitalisation is now around $150 billion which is better than many of its competitors such as DELL (~$60B) or HP (~$120B) and very close to IBM ($~$160B).

Apple will hold a conference after the financial results release. It will be webcasted live on Apple's web site at 2 p.m. (ET). A live coverage will be provided here on MacScoop.