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Apple to Announce Q2 2022 Earnings on April 28

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Apple today announced that it will report its earnings results for the second fiscal quarter (first calendar quarter) of 2022 on Thursday, April 28.

Apple-Logo-Cash-Feature-Mint.jpg

The earnings report and subsequent call will provide us with insight into the period between late December and March, which is typically a slow quarter for Apple following the holiday quarter. Apple in March came out with the 5G iPhone SE, the 5G iPad Air, the Mac Studio, and the Studio Display.

Apple reported revenue of $89.6 billion revenue in the year-ago quarter, but Apple did not provide guidance for the quarter due to continuing uncertainty caused by the global health crisis and chip shortages.

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 April 30.

Article Link: Apple to Announce Q2 2022 Earnings on April 28
 
Article Link
https://www.macrumors.com/2022/03/29/apple-to-announce-q2-2022-earnings-on-april-28/
Should be a decent quarter for Apple earnings even if it typically is a slow quarter following the holidays. Only the manufacturing temporary closures in China will have some effects on their earnings.
 
AAPL closed within striking distance of $3 trillion today at $2.921 trillion. Not bad for a failed company that sells overpriced, substandard, feature and quality deficient software and hardware... at least according to the comment sections here.
 
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lkrupp said:
AAPL closed within striking distance of $3 trillion today at $2.921 trillion. Not bad for a failed company that sells overpriced, substandard, feature and quality deficient software and hardware... at least according to the comment sections here.
Click to expand...
I predict it will drop down to 1.5TN due to the lack of height adjustability on the Studio Display.
 
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lkrupp said:
AAPL closed within striking distance of $3 trillion today at $2.921 trillion. Not bad for a failed company that sells overpriced, substandard, feature and quality deficient software and hardware... at least according to the comment sections here.
Click to expand...
What's even more impressive is that it's gone up for 12 consecutive days. Very rare for any stock. As a chap with many shares I'm very happy. And of course the dividend is going up next quarter. :)
 
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FightTheFuture said:
I predict it will drop down to 1.5TN due to the lack of height adjustability on the Studio Display.
Click to expand...
Good one. Looking at Apples future, are they focused on quality more the quantity? This is not knocking QA of apple products in general, but at Apple's marketing higher end products that distract from more reasonable priced products that need redesigns. Both ends of the consumer market need to be well served to preserve their stock value. This year is far from over. ;)
 
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Compared to last year's 2nd quarter, this will be better since Apple just released Mac Studio, Studio Display (both with very high selling price) and 2022 SE (replacing a lower selling price 2020 SE). Last year, Apple only had what, the M1 macs from 2020? The M1 iMac and iPad were released later.

So you can bet this will be "best ever" compared to last year's performance.
 
It should be noted, consumer inflation eventually will start affecting Apple at some point. I don’t expect anything less for them to have another stunning quarter, [As they’ve proven time over again for the last two years in the midst of a global crisis that they can produce healthy numbers], however; I suspect consumers are starting to really buckle down on their spending habits, given the rising price of the housing market, fuel, commodities in general, ect, and ultimately, ‘tech’ will probably be one of the last things consumers upgrade on their list of priority in terms of spending. There’s absolutely no doubt Apple is completely aware of this, and I’m sure their guidance will reflect that at some point.
 
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ghanwani said:
They’ll probably announce the biggest stock buyback of any company in history.
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This seems like a massive waste of owner (i.e. shareholder) cash. Buybacks are typically a good idea (and represent a good use of capital) when the stock is under valued. A good time to do this would have been last Summer when the stock was below $120.
 
lkrupp said:
AAPL closed within striking distance of $3 trillion today at $2.921 trillion. Not bad for a failed company that sells overpriced, substandard, feature and quality deficient software and hardware... at least according to the comment sections here.
Click to expand...
Their stock is just like their products -- overpriced.

Not a stock expert, but if everyone that had AAPL sold it, what would it be worth?
 
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