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Title: Apple to Announce Q1 2023 Earnings on February 2 Post by: HCK on January 06, 2023, 04:05:03 pm Apple to Announce Q1 2023 Earnings on February 2
Apple today updated its investor relations page (https://investor.apple.com/investor-relations/default.aspx) to announce that earnings for the first fiscal quarter of 2023 (fourth calendar quarter) will be shared on Thursday, February 2. (https://images.macrumors.com/article-new/2022/01/Apple-Logo-Cash-Feature-Yellow.jpg) The first quarter earnings call will provide some insight into holiday sales of the iPhone 14 (https://www.macrumors.com/roundup/iphone-14/) models, the Apple Watch Series 8 (https://www.macrumors.com/roundup/apple-watch/) and Ultra, new iPad (https://www.macrumors.com/roundup/ipad/) models, and the AirPods Pro (https://www.macrumors.com/roundup/airpods-pro/) 2. iPhone (https://www.macrumors.com/guide/iphone/) sales were constrained during the quarter because of issues with supply. Apple in November sent out a press release (https://www.macrumors.com/2022/11/06/apple-warns-of-lower-iphone-14-pro-shipments/) warning about COVID-19 impacts on iPhone 14 Pro (https://www.macrumors.com/roundup/iphone-14-pro/) and Pro Max shipments, letting customers know to expect longer than normal wait times. Last week, Apple shares hit an 18-month low (https://www.macrumors.com/2022/12/30/aapl-18-month-low/) due to the ongoing ‌iPhone‌ shipment issues and a broader downturn in the stock market, and Apple's inability to meet demand during the holiday quarter will likely have a notable impact on sales. Apple did not provide guidance on the first quarter of 2023, but in the first quarter of 2022, the company reported revenue of $123.9 billion and net quarterly profit of $34.6 billion. The quarterly earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, with a conference call to discuss the report taking place at 2:00 PM Pacific/5:00 PM Eastern. MacRumors will provide coverage of both the earnings release and conference call on February 2.<div class="linkback">Tag: Earnings (https://www.macrumors.com/guide/earnings/)</div> This article, "Apple to Announce Q1 2023 Earnings on February 2 (https://www.macrumors.com/2023/01/04/apple-earnings-q1-2023-february-2/)" first appeared on MacRumors.com (https://www.macrumors.com) Discuss this article (https://forums.macrumors.com/threads/apple-to-announce-q1-2023-earnings-on-february-2.2375876/) in our forums Source: Apple to Announce Q1 2023 Earnings on February 2 (https://www.macrumors.com/2023/01/04/apple-earnings-q1-2023-february-2/) |