Apple to announce fourth quarter earnings on Oct. 28
Apple on Tuesday announced that it will detail earnings for the fourth fiscal quarter of 2021 on Oct. 28, with an ensuing investor conference call expected to include a discussion from CEO Tim Cook and CFO Luca Maestri.
Apple will hold an investor conference call following its fourth quarter earnings release on Thursday, Oct. 28, the company said in an update to its investor webpage. The call is scheduled to take place at 2:00 p.m. Pacific, 5 p.m. Eastern.
As usual, Cook and Maestri are expected to deliver word on Apple's overall financial health and break out segment details for the three-month period ending in September. Early iPhone 13, iPad and iPad mini results could be included among topics of discussion, as the hardware went up for preorder in the middle of September and shipped last week.
Apple notched another record quarter for the three-month period ending in June, raking in $81.4 billion in revenue on the back of massive iPhone sales and Services growth. The company's handset line brought in $39.6 billion, up 52% year-over-year, while Services turned in a $17.5 billion performance to leapfrog 33% over 2020's results.
Revenue from iPad and Mac sales also grew as the work-from-home trend continued. Apple's iPad segment brought in $7.4 billion, while Mac drew $8.2 billion. The catchall Wearables, Home, and Accessories segment rose 36% to end the June quarter at $8.8 billion.
During a conference call in July, Maestri said Apple anticipated double-digit growth for the fourth quarter, but noted revenue would likely be lower on a sequential basis due to exchange rate headwinds, a return to typical services growth following COVID-19 lockdowns and supply constraints for iPhone and iPad.
AppleInsider will be covering the fourth quarter earnings call live starting at 2 p.m. Pacific.
Read on AppleInsider
Apple will hold an investor conference call following its fourth quarter earnings release on Thursday, Oct. 28, the company said in an update to its investor webpage. The call is scheduled to take place at 2:00 p.m. Pacific, 5 p.m. Eastern.
As usual, Cook and Maestri are expected to deliver word on Apple's overall financial health and break out segment details for the three-month period ending in September. Early iPhone 13, iPad and iPad mini results could be included among topics of discussion, as the hardware went up for preorder in the middle of September and shipped last week.
Apple notched another record quarter for the three-month period ending in June, raking in $81.4 billion in revenue on the back of massive iPhone sales and Services growth. The company's handset line brought in $39.6 billion, up 52% year-over-year, while Services turned in a $17.5 billion performance to leapfrog 33% over 2020's results.
Revenue from iPad and Mac sales also grew as the work-from-home trend continued. Apple's iPad segment brought in $7.4 billion, while Mac drew $8.2 billion. The catchall Wearables, Home, and Accessories segment rose 36% to end the June quarter at $8.8 billion.
During a conference call in July, Maestri said Apple anticipated double-digit growth for the fourth quarter, but noted revenue would likely be lower on a sequential basis due to exchange rate headwinds, a return to typical services growth following COVID-19 lockdowns and supply constraints for iPhone and iPad.
AppleInsider will be covering the fourth quarter earnings call live starting at 2 p.m. Pacific.
Read on AppleInsider
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