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Apple Moves Q4 2016 Earnings Call to October 25 Due to Scheduling Conflict

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Apple today updated its investor relations page to note that the company's earnings report for the fourth fiscal quarter (third calendar quarter) of 2016 has been moved to Tuesday, October 25 due to a scheduling conflict.

As announced last week, Apple originally had scheduled the call for Thursday, October 27. It is not clear what conflict has arisen that is causing the meeting to be moved to a new date.

appleq4earnings2016-800x472.jpg

Apple's 4Q 2016 earnings report will provide a look at initial iPhone 7 and iPhone 7 Plus sales, giving us our first hint at how well the two devices have sold compared to the iPhone 6s and the iPhone 6s Plus.

Apple's guidance for the fourth quarter of fiscal 2016 includes expected revenue of $45.5 to $47.5 billion and gross margin between 37.5 and 38 percent, well below the revenue of $51.5 billion it saw in 4Q 2015.

Apple will release its quarterly earnings statement at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time), with a conference call to follow at 2:00 p.m. Pacific Time (5:00 pm. Eastern Time). MacRumors will provide live coverage of the results and the call.

Article Link: Apple Moves Q4 2016 Earnings Call to October 25 Due to Scheduling Conflict
 
Article Link
https://www.macrumors.com/2016/10/03/apple-moves-q4-2016-earnings-call-to-october-25/
Aw, 27th was also Google's announcement. First time I remember both companies literally announcing at the same time.
 
Conflict is to allow for more sales. Therefore a direct comparison won't be made against previous years to hide the poor sales of the iPhone 7.

Or possibly for more emojis as noted above.
[doublepost=1475530166][/doublepost]Also because it takes COURAGE to acknowledge a conflict in your schedule.
 
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No doubt they'll find a way to spin those numbers to make them sound positive.

Pretty much all products seem to be in decline except online services (see previous article about Apple Watch) and revenues and profit are dropping accordingly. Yet Apple stubbornly keeps its margins as high as ever. They won't reduce them even temporarily because that would produce an expectation to keep them at a lower rate. At a certain point though you have to wonder, are they happy to see volumes and revenue decline further? I think they'll be paying close attention to market share yet there's already evidence to suggest gains there have slowed or halted too and may even be going backwards in some categories.

They'll need a knockout Mac refresh to bring some life and excitement back to the Apple ecosystem. And I think Tim and the rest of the board should be on notice.

Expect the typical corporate non-speak and self-promotion at such events anyway.
 
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I'm on the "rationalize the numbers" train; guessing that sales of iPhones are lower than expected, so by having an earlier meeting, they hope to be able to somehow rationalize the numbers by omitting a chunk of data because it's "not yet available", or some other shell-game-of-an-expalanation.
 
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I could see it going two ways...

1. Moved it because they want to drop some updates after the call where they will again point out all the "great innovations in the pipeline" so that becomes a little less of a punch line. Since this time there will actually be "innovation" coming out of that pipeline...

2. The high exec team didn't want to dampen the mood that day because they are going to the Kanye West tour stop at The Forum (in Inglewood, CA). They'll have a lot of tough questions to answer possibly and that might get in the way of a good time with Kanye later.
 
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simonmet said:
No doubt they'll find a way to spin those numbers to make them sound positive.

Pretty much all products seem to be in decline except online services (see previous article about Apple Watch) and revenues and profit are dropping accordingly. Yet Apple stubbornly keeps its margins as high as ever. They won't reduce them even temporarily because that would produce an expectation to keep them at a lower rate. At a certain point though you have to wonder, are they happy to see volumes and revenue decline further? I think they'll be paying close attention to market share yet there's already evidence to suggest gains there have slowed or halted too and may even be going backwards in some categories.

They'll need a knockout Mac refresh to bring some life and excitement back to the Apple ecosystem. And I think Tim and the rest of the board should be on notice.

Expect the typical corporate non-speak and self-promotion at such events anyway.
Click to expand...

"No doubt they'll find a way to spin those numbers to make them sound positive."

Funny. I mean a company making $8 billion in 12 weeks is pathetic, right?

Apple are Doomed ™
 
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SMIDG3T said:
"No doubt they'll find a way to spin those numbers to make them sound positive."

Funny. I mean a company making $8 milllion in 12 weeks is pathetic, right?

Apple are Doomed ™
Click to expand...

A company Apple's size making $8 million in 12 weeks isn't stellar. I think you meant Billion ;)
 
Possible announcement of hardwares, but there was no invitation to keynotes or whatever. Possible press release if so.
 
simonmet said:
No doubt they'll find a way to spin those numbers to make them sound positive.

Pretty much all products seem to be in decline except online services (see previous article about Apple Watch) and revenues and profit are dropping accordingly. Yet Apple stubbornly keeps its margins as high as ever. They won't reduce them even temporarily because that would produce an expectation to keep them at a lower rate. At a certain point though you have to wonder, are they happy to see volumes and revenue decline further? I think they'll be paying close attention to market share yet there's already evidence to suggest gains there have slowed or halted too and may even be going backwards in some categories.

They'll need a knockout Mac refresh to bring some life and excitement back to the Apple ecosystem. And I think Tim and the rest of the board should be on notice.

Expect the typical corporate non-speak and self-promotion at such events anyway.
Click to expand...
As opposed to any other company at any other earnings or basically any event?
 
Nr123*123 said:
Conflict is to allow for more sales. Therefore a direct comparison won't be made against previous years to hide the poor sales of the iPhone 7.

Or possibly for more emojis as noted above.
[doublepost=1475530166][/doublepost]Also because it takes COURAGE to acknowledge a conflict in your schedule.
Click to expand...

"Poor sales of the iPhone 7"

Too bad it already accounts to 3.6% of the total iPhone installed base, versus 2.6% of the iPhone 6S at the same time last year, and obviously, that percentage is calculated on a much bigger installed base.

It's going to easily break the iPhone 6 sales record. That's the power of the 2-years update cycle.
 
djcerla said:
"Poor sales of the iPhone 7"

Too bad it already accounts to 3.6% of the total iPhone installed base, versus 2.6% of the iPhone 6S at the same time last year, and obviously, that percentage is calculated on a much bigger installed base.

It's going to easily break the iPhone 6 sales record. That's the power of the 2-years update cycle.
Click to expand...

Source?

And this is not a tick tock update. It's the same design.
 
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