Apple has announced that it will report its earnings results for the fourth quarter of the 2023 fiscal year on Thursday, November 2. The report will be available at 1:30 p.m. Pacific Time on that day, and Apple’s CEO Tim Cook and CFO Luca Maestri will discuss the results on a conference call with analysts at 2:00 p.m. Pacific Time.
A live audio stream of the call will be available on Apple’s Investor Relations page, and a recording will be available later in the day for replay.
The quarter ran from July 2 through September 30. During this period, Apple’s key product launches included the iPhone 15 lineup, Apple Watch Series 9, Apple Watch Ultra 2, and updated AirPods Pro with a USB-C charging case.
Apple has not provided formal guidance since early 2020, but analysts expect the company to report quarterly revenue of around $89.2 billion on average, according to Yahoo Finance. Apple reported $90.1 billion revenue in the year-ago quarter.
Maestri provided the following commentary on Apple’s earnings call last quarter:
We expect our September quarter year-over-year revenue performance to be similar to the June quarter, assuming that the macroeconomic outlook doesn’t worsen from what we are projecting today for the current quarter.
AAPL closed at $173.66 today, down from a 52-week high of $198.23.Tags: Earnings, AAPL
This article, “Apple to Report Earnings on November 2 Following iPhone 15 Launch” first appeared on MacRumors.com
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