Apple to Announce Q2 2018 Earnings on May 1

Discussion in 'iOS Blog Discussion' started by MacRumors, Apr 2, 2018.

  1. MacRumors macrumors bot

    MacRumors

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    [​IMG]


    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.

    [​IMG]

    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
     
  2. Cosmosent macrumors 6502a

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    #2
    I will be there, and will ask Tim "what's Apple strategy for Rolling-Out 10-bit color capture & display "?
     
  3. DocMultimedia macrumors 6502

    DocMultimedia

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    #3
    Raise dividends by 15-20% and I'll be happy. The rest is a wash.
     
  4. IJ Reilly macrumors P6

    IJ Reilly

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    #4
    May 1.
     
  5. 69Mustang macrumors 603

    69Mustang

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    #5
    I'm patient. I'll just wait in the spoiler free thread until MR does their coverage next Feb 1.
     
  6. DeepIn2U macrumors 603

    DeepIn2U

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    #6
    New educational push may not have a full chance to be factored in. Dividend increase would be sweet mayb stave off the short callers.
     
  7. az431 macrumors 6502a

    az431

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    #7
    Don’t hold your breath.
     
  8. Cloudkicker macrumors 6502

    Cloudkicker

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    #8
    Will Apple be forthcoming about their X sales? Doubt. All con-trickery (my own made up term) & spin.
     

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  9. deanthedev Suspended

    deanthedev

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    #9
    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.
     
  10. IJ Reilly macrumors P6

    IJ Reilly

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    #10
    Too late, you already missed it!
    --- Post Merged, Apr 2, 2018 ---
    Unless you are swimming underwater, in which case it's an excellent idea.
     
  11. Shaun, UK Suspended

    Shaun, UK

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    #11
    Invest in acquisitions to generate long term growth rather than quick giveaways to appease greedy short term speculators.
     
  12. dmylrea macrumors 68030

    dmylrea

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    #12
    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.
     
  13. DocMultimedia macrumors 6502

    DocMultimedia

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    #13
    Yeah, I'm betting 10%.
     
  14. Crzyrio macrumors 65816

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    #14
    I assume we will hear their plan about becoming cash neutral
     

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