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Apple F3Q09 (Qtr End 6/27/09) Earnings Call Transcript

Jul. 21, 2009 7:41 PM ETApple Inc. (AAPL)
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Apple Inc. (NASDAQ:AAPL) F3Q09 Earnings Call July 21, 2009 5:00 PM ET


Nancy Paxton - Senior Director, Investor Relations and Corporate Finance

Peter Oppenheimer - Chief Financial Officer, Senior Vice President

Timothy D. Cook - Chief Operating Officer

Gary Wipfler - Treasurer


Gene Munster - Piper Jaffray

Bill Fearnley - FTN Midwest

David Bailey - Goldman Sachs

Richard Gardner - Citigroup

Ben Reitzes - Barclays Capital

William Shope - Credit Suisse

Shannon Cross - Cross Research

Toni Sacconaghi - Sanford Bernstein

Mike Abramsky - RBC Capital Markets

Andy Hargreaves - Pacific Crest Securities

Katy Huberty - Morgan Stanley

Bryan Marshall - Broadpoint Amtech

Chris Whitemore - Deutsche Bank

Charles Wolf - Needham & Company


Good day and welcome to this Apple Incorporated third quarter fiscal year 2009 earnings release 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 Ms. Nancy Paxton, Senior Director of Investor Relations. Please go ahead, Madam.

Nancy Paxton

Thank you. Good afternoon and thanks to everyone for joining us. Speaking today is Apple CFO Peter Oppenheimer and he’ll be joined by Apple COO Tim Cook and Treasurer Gary Wipfler for the Q&A session with analysts.

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, earnings per share, and future products. 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 2008, the Form 10-Q for the first two quarters of fiscal 2009, and the Form 8-K filed with the SEC today and the attached press release.

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