Apple CFO Luca Maestri to speak at Goldman Sachs conference on Tuesday

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in General Discussion
Apple's chief financial officer, Luca Maestri, is scheduled to speak at the 2017 Goldman Sachs Technology and Internet Conference on Tuesday, which the tech giant plans to stream live through its website.




Maestri's upcoming appearance, slated for 1:20 p.m. Pacific, 4:20 p.m. Eastern, was announced through Apple's investor relations website on Monday. A live stream of the proceedings will be hosted on Apple's events webpage tomorrow.

Apple CEO Tim Cook has taken part in the annual conference as a keynote speaker in years past, but it appears Maestri will be taking over those duties this year. While the conference is not traditionally a venue at which Apple makes big news, Cook has used the opportunity to tout internal initiatives and announce company investments. In 2015, for example, Cook revealed an $850 million investment in solar energy.

Neither Apple nor Goldman Sachs has released a tentative list of topics to be discussed, but Maestri will likely focus on the iPhone maker's most recent quarter. For its first fiscal quarter of 2017, Apple smashed Wall Street expectations to set a new quarterly record of $78.4 billion in revenue on the back of 78.3 million iPhone sales.

Goldman Sachs just today raised its price target on Apple stock to $150, predicting massive demand for the upcoming iPhone 8 "supercycle."

AppleInsider will provide coverage of the event tomorrow.

Comments

  • Reply 1 of 2
    calicali Posts: 3,495member
    Am I the only one who thinks Luca is a vampire?

    From his looks, accent and name everything screams vampire.
  • Reply 2 of 2
    macxpressmacxpress Posts: 4,897member
    cali said:
    Am I the only one who thinks Luca is a vampire?

    From his looks, accent and name everything screams vampire.
    Good...maybe he'll scare the shit out of wall street!
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