Apple to reveal fiscal Q3 2015 earnings on July 21
Apple on Monday announced it will reveal financial results for its third fiscal quarter of 2015 on July 21, to be followed by a conference call potentially offering insight into the sales performance of the company's newest product category, the Apple Watch.
Announced through its Apple's Investor Relations webpage, Apple's upcoming quarterly report and ensuing conference call will cover the three-month period spanning April to June. Quarter three is usually met with a lull in hardware sales, though last quarter's performance bucked the usual sequential sales slump posted after the holidays.
For the last quarter, Apple beat Street estimates with $13.6 billion in profit on revenues of $58 billion driven by a record 61.17 million iPhone sales. Mac numbers were up 10 percent to 4.56 million unit sales, but iPad sales fell 23 percent year-over-year to 12.6 million units.
Although it will be lumped together with iPods and Apple TVs, investors are looking Apple Watch performed over its first quarter of availability. The device is the first commercial product developed without the watchful eye of late cofounder Steve Jobs, and to some represents the efficacy of CEO Tim Cook.
In its last quarterly statement, Apple offered revenue guidance between $46 billion and $48 billion, with gross margin set between 38.5 and 39.5 percent. At the time, the company warned margins might be down slightly due to economic headwinds, including foreign exchange rates.
Apple's earnings conference call is scheduled for Tuesday, July 21 at 2 p.m. Pacific/5 p.m. Eastern. AppleInsider will provide live coverage of the event.
Announced through its Apple's Investor Relations webpage, Apple's upcoming quarterly report and ensuing conference call will cover the three-month period spanning April to June. Quarter three is usually met with a lull in hardware sales, though last quarter's performance bucked the usual sequential sales slump posted after the holidays.
For the last quarter, Apple beat Street estimates with $13.6 billion in profit on revenues of $58 billion driven by a record 61.17 million iPhone sales. Mac numbers were up 10 percent to 4.56 million unit sales, but iPad sales fell 23 percent year-over-year to 12.6 million units.
Although it will be lumped together with iPods and Apple TVs, investors are looking Apple Watch performed over its first quarter of availability. The device is the first commercial product developed without the watchful eye of late cofounder Steve Jobs, and to some represents the efficacy of CEO Tim Cook.
In its last quarterly statement, Apple offered revenue guidance between $46 billion and $48 billion, with gross margin set between 38.5 and 39.5 percent. At the time, the company warned margins might be down slightly due to economic headwinds, including foreign exchange rates.
Apple's earnings conference call is scheduled for Tuesday, July 21 at 2 p.m. Pacific/5 p.m. Eastern. AppleInsider will provide live coverage of the event.
Comments
I hope there is no report on Apple Watch sales. Learning about how CNBC is doing such a bang up job of fabricating FUD even when being provided facts is hilarious!
I hope there is no report on Apple Watch sales.
Doesn't matter if there is or isn't. They will report their "Other" income category, and whatever the difference between previous quarters and this quarter will be the profit from the ?Watch, and will be more than enough from which to speculate.
Might as well put it out there (the watch data)...
Might as well put it out there (the watch data)...
I am certain they will. But accompanied by, "in the future, we're not going to report the category separately."
I hope there is no report on Apple Watch sales. Learning about how CNBC is doing such a bang up job of fabricating FUD even when being provided facts is hilarious!
The Apple watch sales will be a bonus on top of the other great sales.
I see strong Mac sales, likely the MB Air I'm very interested in.
Whoops, it's now the MacBook 12" retina display I want. http://www.apple.com/macbook/ ;
I see this as the most interesting unknown at this point. That is how did Mac sales do. I say this because there is supposedly a big glut of unsold PC out there right now. All indications are iPhone sales will be huge this quarter relative to the year ago results. As I say I expect the report to be interesting.