Apple delays earnings report

Apple says it will delay its earnings report by a day "out of respect" so it doesn't clash with the memorial service for business adviser Bill Campbell.

Apple will announce quarterly financial results one day later than planned next week, to avoid reporting on the day of a memorial service for Silicon Valley business leader Bill Campbell, a mentor to former Apple chief Steve Jobs and other tech leaders.

The world's most valuable publicly traded company was scheduled to report on Monday on its performance for the first three months of the year. Instead, Apple said it will report on Tuesday "out of respect" for Campbell's friends and family.

Though little known outside Silicon Valley, the 75-year-old Campbell was a respected industry figure who advised leaders at Apple, Google and other firms. The former chief executive and chairman of Intuit died on Monday of cancer.

Apple said a number of its executives and employees would attend the service.


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Source: AAP


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