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Home » Apple’s (AAPL) CEO Tim Cook on Q4 2014 Results – Earnings Call Transcript

Apple’s (AAPL) CEO Tim Cook on Q4 2014 Results – Earnings Call Transcript

Apple Inc. (NASDAQ:AAPL)

Q4 2014 Results Earnings Conference Call

October 20, 2014, 05:00 PM ET

Executives

Nancy Paxton – Senior Director of Investor Relations

Tim Cook – CEO

Luca Maestri – SVP and CFO

Analysts

Shannon Cross – Cross Research

Bill Shope – Goldman Sachs

Katy Huberty – Morgan Stanley

Toni Sacconaghi – Sanford Bernstein

Steven Milunovich – UBS

Ben Reitzes – Barclays

Gene Munster – Piper Jaffray

Keith Buckman – Bank of Montreal

Operator

Good day, everyone, and welcome to the Apple Incorporated Fourth Quarter Fiscal Year 2014 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 Nancy Paxton, Senior Director of Investor Relations. Please go ahead.

Nancy Paxton – Senior Director of Investor Relations

Thank you. Good afternoon, and thanks everyone for joining us today. Speaking first today is Apple’s CEO, Tim Cook; and he will be followed by CFO, Luca Maestri, and after some final remarks we’ll open the call for questions from analysts.

Please note that some of the information you’ll hear during our discussion today will consist of forward-looking statements, including without limitation, those regarding revenue, gross margins, operating expenses, other income and expense, taxes and future products.

Actual results or trends could differ materially from our forecast. For more information, please refer to the risk factors discussed in Apple’s Form 10-K for 2013, the Form 10-Q for the first three quarters of fiscal 2014, and the Form 8-K filed with the SEC today, along with the associated press release. Apple assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

And I’d now like to turn the call over to Tim for introductory remarks.

Tim Cook – CEO

Thanks, Nancy. Good afternoon, everyone and thanks for joining us. Since we spoke in July, it’s been an exciting and very busy time, so we have lots of great things to talk about today.

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