<http://schema.org/articleBody>
"Wall Street has learned to love Apple again. \nApple stock has surged by about 20% in the year to date thanks to an unusual 7-1 stock split, increased buybacks and renewed optimism for the company's product pipeline ahead of multiple rumored launches later this year. Adjusting for the stock split, Apple shares are now approaching the all-time high it hit right after the iPhone 5 was released in 2012.\nOn Tuesday, Apple will report its third quarter earnings results, which may well determine whether Apple continue making a run to a new high trading price in the coming weeks. \nSee also: Apple Is Starting to Get Exciting Again\nThe consensus among analysts polled by Thomson Reuters is that Apple will report earnings of about $1.23 a share on revenue of $37.93 billion for the quarter, slightly ahead of the guidance Apple gave for revenue in the quarter. \nIn terms of devices, Apple is expected to sell about 14.4 million iPads for the quarter and 35.9 million iPhones, according to an analysis of analyst estimates from Fortune. \nThat would represent a slight year-over-year decline on iPad sales, a product line that has experienced sluggish sales growth in recent quarters, and an increase from the 31.2 million iPhones sold in the same quarter a year earlier. \n\nAAPL data by YCharts\nDuring the three months since Apple's last earnings call, it entered into a big partnership with IBM, Cook has begun to make changes to the board of directors, top execs have hyped up the product pipeline even more and the company agreed to acquire Beats for $3 billion, marking its largest acquisition ever by far. \nEach of these developments may be brought up during the earnings call after the market closes on Tuesday, but perhaps none will be as much of a focus as the product pipeline.\nWhen Apple reported first quarter earnings in January, CEO Tim Cook assured investors that the company's product innovation cycle had \"never been stronger.\" Three months later, Cook noted in the company's second quarter earnings release that \u201Cwe\u2019re eagerly looking forward to introducing more new products and services that only Apple could bring to market.\u201D\nMost reports now say that Apple will announce two larger iPhone models in September and the much-rumored iWatch sometime the following month. If that's true, Apple will actually have something new to talk about during its next earnings call in October.  \nIf that's the case, this may well be the last earnings call before Apple shows off what's hiding under its sleeve. Or to put that another way, this may be the last time for awhile that Apple has to reassure investors new products really are coming."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2014/07/22/apple-q3-earnings-preview/>