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

MacRumors

macrumors bot
Original poster
Apr 12, 2001
67,547
37,898



Apple today updated its investor relations page to announce that it will share its earnings results for the second fiscal quarter (first calendar quarter) of 2018 on Tuesday, May 1.

The earnings release will provide a look at sales of the iPhone 8, iPhone 8 Plus, and iPhone X following its record January quarter that saw the company sell 77.3 million iPhones.

appleearningsmay1-800x560.jpg

Apple's guidance for the second fiscal quarter includes expected revenue of $60 to $62 billion and gross margin between 38 and 38.5 percent. Apple will beat its Q2 2017 earnings results based on those guidance numbers.

Apple's quarterly earnings statement will be released at 1:30 p.m. Pacific/4:30 p.m. Eastern, with a conference call to discuss the report taking place at 2:00 p.m. Pacific/5:00 p.m. Eastern. MacRumors will provide coverage of both the earnings release and conference call on May 1.

Article Link: Apple to Announce Q2 2018 Earnings on May 1
 
Will Apple be forthcoming about their X sales? Doubt. All con-trickery (my own made up term) & spin.

No. Actual fact backed by numbers from their earnings call.

The only “con-trickery” is the idiot who wrote that report. So they’re predicting Apple to miss their guidance by over $10 billion? That’s beyond the normal stupidity of analysts and crosses well over into pure fantasy.
 
Invest in acquisitions to generate long term growth rather than quick giveaways to appease greedy short term speculators.
 
Will Apple be forthcoming about their X sales? Doubt. All con-trickery (my own made up term) & spin.

By "con-trickery", you mean "cooking the books" where a company uses fraudulent practices to make their financial reports look better (or worse) than they really are.

If anything, Apple will claim their services income has increased enough to cover the decline in the iPhone sector.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.