Apple's second fiscal quarter earnings are on April 28

AppleInsider

Apple has announced it will be revealing its earnings for the second quarter of 2022 on April 28, complete with the customary conference call featuring CEO Tim Cook and CFO Luca Maestri.

The investor conference call, which usually occurs shortly after the release of Apple's financial results, will take place at 2:00 p.m. Pacific, 5 p.m. Eastern. The call, which will be streamed via the investor webpage, will see the executives discuss the results for the three-month period ending in March 2022.

Following after the holiday sales of the first quarter, the second-quarter results are typically lower, incorporating the tail-end of the high-sales period.

While Apple didn't introduce new products in the early months of the quarter, it did launch new hardware in March. The new additions include the Mac Studio, the Studio Display, the third-generation iPhone SE, and the M1-equipped iPad Air 5.

In the year-ago Q2 2021 quarter, Apple reported revenue of $89.6 billion, which was a 54% year-on-year increase from the previous year.

That included $47.9 billion in revenue from iPhone, $9.1 billion from Mac, and $7.8 billion from iPad. The Wearables, Home, and Accessories business brought in $7.8 billion, and Services continued its regular growth to $16.9 billion.

The second quarter results also follow after a record-breaking Q1 2022, which saw Apple report $123.9 billion in revenue, including $71.6 billion of iPhone revenue.

Since the outset of the pandemic, Apple has declined to provide detailed guidance in its quarterly results. It is unclear exactly what Apple expects to earn in Q2 2022.

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lkrupp

AAPL closed within striking distance of $3 trillion today. 

davidw

lkrupp said:

AAPL closed within striking distance of $3 trillion today. 

That depends on how much AAPL shares Apple bought back in the last quarter. Hopefully they took advantage of the lows in the past few weeks. But not so much that they can't afford to increase dividend by at least 10%, with the money they already allotted for buybacks. Any large buyback might put the $3T share price north of $185. (It's now at about $183.00 ) Still in striking distance even before earnings. But earnings might disappoint some analyst high expectations. It always seems that it does.   

This is the quarterly earnings report that Apple announces their increase in the annual dividend. (Which is then paid equally over the next 4 quarters.) A 10% increase would put the dividend at $.97 per share per year. (It's now at $.88) 

This is the 10 year anniversary of AAPL dividend with Cook as CEO.  Cook declared AAPL first dividend in over 15 years, on July of 2012 and then increased it every April or May of the year after that. First dividend was $10.60 per share per year but splits adjusted (7 to 1 and 4 to 1) comes to $.38 a share per year. It's now at $.88 a share per year. Average of just a little over 10% increase per year, for 10 years. 

ramanpfaff

davidw said:

lkrupp said:

AAPL closed within striking distance of $3 trillion today. 

That depends on how much AAPL shares Apple bought back in the last quarter. Hopefully they took advantage of the lows in the past few weeks. But not so much that they can't afford to increase dividend by at least 10%, with the money they already allotted for buybacks. Any large buyback might put the $3T share price north of $185. (It's now at about $183.00 ) Still in striking distance even before earnings. But earnings might disappoint some analyst high expectations. It always seems that it does.   

This is the quarterly earnings report that Apple announces their increase in the annual dividend. (Which is then paid equally over the next 4 quarters.) A 10% increase would put the dividend at $.97 per share per year. (It's now at $.88) 

This is the 10 year anniversary of AAPL dividend with Cook as CEO.  Cook declared AAPL first dividend in over 15 years, on July of 2012 and then increased it every April or May of the year after that. First dividend was $10.60 per share per year but splits adjusted (7 to 1 and 4 to 1) comes to $.38 a share per year. It's now at $.88 a share per year. Average of just a little over 10% increase per year, for 10 years. 

Would be nice if the dividend is hiked up just a bit more this year. Last year was a bit under 10%, so if they went with $1/share rather than $0.97 I'd be happy. Clearly I'm a shareholder and follow this closely. 

cincytee

Raise the dismal divided. I don't expect AAPL necessarily to be an income vs. growth stock, but paying less than 0.5% is ridiculous. Using the company money for stock buybacks doesn't do anything for long-term investors who have held their shares for years. Paying closer to 1% is not exorbitant and would acknowledge those who've committed to the company for the long haul. The yield from growth is only theoretical until one cashes in.