About a month ago, when Apple released the date when it planned to
report its fiscal Q1 earnings results, I found the date extremely
peculiar. Here’s why:
Since 2007, Apple has always chosen to report earnings during the
last week of the month in order to avoid the manipulation that
usually comes with options expiration week. If you go back at
least 14-16 quarters, Apple has reported during the last week of
the month in every one of those reporting periods. I remember that
it started doing this in response to reports of complaints of
share manipulation during OPX.
But now that we have the Steve Jobs news, the reporting date makes
a whole lot of sense.
With the holiday yesterday and blockbuster results today, I think it’s fair to say that yesterday was the single best day of the entire calendar year on which Jobs could have announced a medical leave of absence.