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Apple to Announce Q1 2022 Earnings on January 27

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Apple today updated its investor relations page to announce that earnings for the first fiscal quarter of 2022 (fourth calendar quarter) will be shared on Thursday, January 27.

Apple-Logo-Cash-Orange-1.jpg

The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last quarter said that supply constraints caused by chip shortages had cost Apple $6 billion, and the chip shortages and supply issues are also expected to impact Apple's first quarter earnings results.

apple-earnings-call-jan-27.jpg

In the first quarter of 2021, Apple reported record earnings of $111.4 billion revenue and net quarterly profit of $28.8 billion. Apple once again declined to provide guidance for the first fiscal quarter of 2022.

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 2022 Earnings on January 27
 
Article Link
https://www.macrumors.com/2022/01/04/q1-2022-earnings-january-27/
applicious84 said:
I can't wait to hear everyone cheer for the richest corporation ever
Click to expand...
Ooh..me first. I’ll start early.

Pretty impressive what they were able to pull off being a $3 trillion company in the midst of a global crisis. Don’t ya think?

Personally, I would rather read the cheering -versus- the typical irate-whiny-bitter-people complaining and stomping “Why does Tim Crook still have a job..” given that Apple is in a good spot right now with stock value and the overall company standing.
 
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ghanwani said:
Tim Cook is sporting a purple iPhone 12. He's worth $1.5B. Musk sold that much $TSLA in the last 2 weeks of December.
https://twitter.com/x/status/1478076791537352705
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From 1997 when Steve Jobs rejoined Apple until he passed in 2011, Apple grew 100x.

The 10-20x since Tim Cook took over is a lot less impressive.

Although a fun fact about Jobs's wealth is that it mostly didn't come from Apple, but Disney. When he sold Pixar to Disney, he became Disney's largest shareholder, with 8% of the company. When he passed, those shares went into a trust... it appears that they sold over half of it at some point, because the trust isn't in the top three organizations holding Disney right now (currently Vanguard has 8%, Black Rock has 6%, and State Street has 4%.)
 
ArtOfWarfare said:
From 1997 when Steve Jobs rejoined Apple until he passed in 2011, Apple grew 100x.

The 10-20x since Tim Cook took over is a lot less impressive.

Although a fun fact about Jobs's wealth is that it mostly didn't come from Apple, but Disney. When he sold Pixar to Disney, he became Disney's largest shareholder, with 8% of the company. When he passed, those shares went into a trust... it appears that they sold over half of it at some point, because the trust isn't in the top three organizations holding Disney right now (currently Vanguard has 8%, Black Rock has 6%, and State Street has 4%.)
Click to expand...

The SEC disclosures showed that Laurene Powell Jobs (his widow who was the beneficial owner of the trust) sold between 12/31/2015 and 12/31/2016 the stake had been cut in about half to under 5% so, iirc, after that she didn't have to disclose it any more.
 
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applicious84 said:
I can't wait to hear everyone cheer for the richest corporation ever
Click to expand...

You bet! Hat tip to Tim Cook doing an outstanding job managing a company with roughly 150,000 employees during a pandemic, while likely producing record sales.
 
ghanwani said:
Tim Cook is sporting a purple iPhone 12. He's worth $1.5B. Musk sold that much $TSLA in the last 2 weeks of December.
https://twitter.com/x/status/1478076791537352705
Click to expand...

Such a silly twitter post on that last sentence.

Cook get's paid 940K/yr salary ... I'd say after taxes and depending on lifestyle, 10yrs x say 500K/yr alone if you've invested well yes you'd be rich as an employee at executive level of a very healthy company! Even if you're smart and lucky investing with a much cheaper salary you can be rich.

PS: Musk also purchase more stock than he sold the last 3mths ... he sold as his options were up, he had to sell. Most people missed out on his repurchased stock fact.
 
Was lucky enough to invest in apple a few years back. Honestly, I don’t know why anyone wouldn’t keep some money in apple.
 
Relentless Power said:
Ooh..me first. I’ll start early.

Pretty impressive what they were able to pull off being a $3 trillion company in the midst of a global crisis. Don’t ya think?

Personally, I would rather read the cheering -versus- the typical irate-whiny-bitter-people complaining and stomping “Why does Tim Crook still have a job..” given that Apple is in a good spot right now with stock value and the overall company standing.
Click to expand...

There is an irony regarding the ratio of people whining on this forum compared to those who whine about the whining.

Considering most tech companies have benefitted massively from the huge glut of people WFH, families stuck at home, all increasing demand for technology and (for many) having more disposable income to use on it, I'm not sure it is all that impressive.

If they had been in a more challenged industry, like, hospitality, then that would have been impressive.
 
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