Apple F4Q08 (Qtr End 9/27/08) Earnings Call Transcript

Oct. 21, 2008 7:58 PM ETApple Inc. (AAPL)2 Comments
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Apple Inc. (NASDAQ:AAPL) F4Q08 Earnings Call October 21, 2008 5:00 PM ET


Nancy Paxton - Senior Director, Investor Relations and Corporate Finance

Peter Oppenheimer - Chief Financial Officer, Senior Vice President

Steven P. Jobs - Chief Executive Officer, Director

Timothy D. Cook - Chief Operating Officer

Gary Wipfler - Treasurer


Bill Shope - Credit Suisse

Richard Gardner - Citigroup

Ben Reitzes - Barclays Capital

Shannon Cross - Cross Research

Gene Munster - Piper Jaffray

Charles Wolf - Needham & Company

Toni Sacconaghi - Sanford Bernstein

Bill Fearnley - FTN Midwest

Mike Abramsky - RBC Capital Markets


Good day and welcome to this Apple Incorporated Apple fourth quarter fiscal year 2008 conference call. Today’s call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Nancy Paxton, Senior Director Investor Relations and Corporate Finance. Please go ahead.

Nancy Paxton

Thank you. Good afternoon and thanks to everyone for joining us.

Please note that some of the information you will hear during our discussion today will consist of forward-looking statements including without limitation those regarding revenue, gross margin, operating expenses, other income and expense, stock-based compensation expense, taxes, and earnings per share. Actual results or trends could differ materially from our forecasts. For more information, please refer to the risk factors discussed in Apple's Form 10-K for 2007, the Form 10-Q for the first three quarters of fiscal 2008, and the Form 8-K filed with the SEC today and the attached press release.

Apple assumes no obligation to update any forward-looking statements or information which speak as of their respective dates.

And with that, I would like to turn the call over to Apple's CFO, Peter Oppenheimer, for introductory remarks.

Peter Oppenheimer

Thank you, Nancy. Thank you for joining us. We are

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