Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Apple to Announce Q1 2021 Earnings on January 27

MacRumors

MacRumors

macrumors bot
Original poster
Apr 12, 2001
68,735
39,682


Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2021 (fourth calendar quarter) will be shared on Wednesday, January 27.

apple-q1-2021-earnings.jpg

The first quarter earnings call will likely provide some insight into the sales of the iPhone 12 models, which were released in October, along with the M1 Macs that came out in November. Because the new iPhones were delayed, initial iPhone sales did not factor into the fourth quarter revenue results.

Apple did not provide guidance for the first quarter of 2021 during its fourth quarter earnings call because of the uncertainty caused by the ongoing global health crisis that continues to affect Apple's product launch timelines and sales. Many Apple stores worldwide are once again closed at the current time.

In the fourth fiscal quarter of 2020, Apple posted revenue of $64.7 billion, setting a new record for September quarter revenue. For the full fiscal year, Apple generated $274.5 billion in sales with $57.4 billion in net income, surpassing its 2019 earnings.

The first quarter of 2020 saw Apple announcing its best ever quarter in terms of revenue and profit, with Apple bringing in $91.8 billion in revenue and net quarterly profit of $22.2 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 January 27.

Article Link: Apple to Announce Q1 2021 Earnings on January 27
 
Article Link
https://www.macrumors.com/2021/01/05/apple-q1-2021-earnings-january-27/
  • Like
Reactions: George Dawes
It's amazing (but perhaps not surprising) how well big companies, especially tech companies, are doing while other parts of the economy are struggling. Large firms can weather storms like this most easily, and tech products and services have become even more critical with the world relying on remote work, remote school, online ordering and delivery, streaming entertainment, etc.
 
  • Like
Reactions: The Barron, jayducharme and George Dawes
Show me EIGHT zero’s ( that’s AT LEAST 100 millions ) being conservative. I am predicting 500,000,000
 
  • Like
Reactions: George Dawes
Ken88 said:
500 million U.S dollars..hopefully NOT Iranian Rial ( 1,187 dollars )😆

P.S, Rial is one of the world’s CHEAPEST money currency..one U.S dollar get you 42,105 Rial🤯
Click to expand...
Not sure we are on the same page , but if Apple makes what you suggest , it means they are bankrupt :) , we are talking tens of billions for the quarter ....
 
  • Like
Reactions: George Dawes
Ken88 said:
500 million U.S dollars..hopefully NOT Iranian Rial ( 1,187 dollars )😆

P.S, Rial is one of the world’s CHEAPEST money currency..one U.S dollar get you 42,105 Rial🤯
Click to expand...
Out of curiosity, are you a bot? As clearly stated in the article, they did over 64 BILLION in sales the previous quarter, so the numbers you are randomly spouting are serious downgrades.
 
  • Haha
Reactions: George Dawes
I expect iPad sales to be very high, still have a 1 month lead time for delivery on Apples website, they just cannot make them fast enough.
 
  • Like
Reactions: George Dawes
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back