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Apple to Report Earnings on November 2 Following iPhone 15 Launch

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Apple has introduced that it’s going to report its earnings outcomes for the fourth quarter of the 2023 fiscal yr on Thursday, November 2. The report can be obtainable at 1:30 p.m. Pacific Time on that day, and Apple’s CEO Tim Prepare dinner and CFO Luca Maestri will focus on the outcomes on a convention name with analysts at 2:00 p.m. Pacific Time.

iPhone 15 Pro lineup
A reside audio stream of the decision can be obtainable on Apple’s Investor Relations web page, and a recording can be obtainable later within the day for replay.

The quarter ran from July 2 via September 30. Throughout this era, Apple’s key product launches included the iPhone 15 lineup, Apple Watch Collection 9, Apple Watch Extremely 2, and up to date AirPods Professional with a USB-C charging case.

Apple has not supplied formal steerage since early 2020, however analysts count on the corporate to report quarterly income of round $89.2 billion on common, in line with Yahoo Finance. Apple reported $90.1 billion income within the year-ago quarter.

Maestri supplied the next commentary on Apple’s earnings name final quarter:

We count on our September quarter year-over-year income efficiency to be much like the June quarter, assuming that the macroeconomic outlook does not worsen from what we’re projecting as we speak for the present quarter.

AAPL closed at $173.66 as we speak, down from a 52-week excessive of $198.23.

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