Apple to Announce Q3 2020 Earnings on July 30

[MacRumors]

Apple has announced that it will report its earnings results for the third quarter of fiscal 2020 on Thursday, July 30.

The quarter began on March 29, just over two weeks after the World Health Organization declared COVID-19 a global pandemic. Apple did not provide guidance for the quarter due to these uncertain times, but analysts expect the company to report revenue of $51.4B on average, down from a record $53.8B in the year-ago quarter.

The earnings results should be posted at 1:30 p.m. Pacific Time, followed by a conference call with Apple CEO Tim Cook and Apple CFO Luca Maestri at 2:00 p.m. Pacific Time. MacRumors will provide live coverage of the call.

Article Link: Apple to Announce Q3 2020 Earnings on July 30

 

[A7ibaba]

Report earnings

 

[Aluminum213]

I pray they’re high

 

[Fishing Rick]

Wait... Doesn't Q3 end at the end of september? Didn't Q2 just start? I guess I'm uneducated, are fiscal quarters different from calendar quarters?

 

[iFan]

Wait... Doesn't Q3 end at the end of september? Didn't Q2 just start? I guess I'm uneducated, are fiscal quarters different from calendar quarters?

Yes fiscal quarters can and usually are different from calendar quarters. It can also be different in different countries (aka some start a fiscal year in July.)

 

[Weaselboy]

Wait... Doesn't Q3 end at the end of september? Didn't Q2 just start? I guess I'm uneducated, are fiscal quarters different from calendar quarters?

Apple runs on a fiscal year from September to September.

 

[DocMultimedia]

As always, hope it’s good news. I love my AAPL (aka retirement).

 

[Diode]

Ok AAPL is on fire right now

 

[CarpalMac]

Ok AAPL is on fire right now

As is Tesla. Absolutely extraordinary.

 

[DocMultimedia]

As is Tesla. Absolutely extraordinary.

Yeah, Tesla is truly nuts. Was $360 in mid March. Now $1700. I was considering buying some at $800, but that seemed really high.

 

[AppleShareholder]

Yeah, Tesla is truly nuts. Was $360 in mid March. Now $1700. I was considering buying some at $800, but that seemed really high.

TSLA is going down once Apple goes into the car industry. I can see Apple going to $2000 a share in a few years with their innovation, fanboys, and fed money printer going "BRRR!"

 

[skipper63]

Yeah, Tesla is truly nuts. Was $360 in mid March. Now $1700. I was considering buying some at $800, but that seemed really high.

Well, seems like 800 was a steal;-)

But then, Teslas KGV is at -80. For me that is gambling.

 

[AppleShareholder]

Well, seems like 800 was a steal;-)

But then, Teslas KGV is at -80. For me that is gambling.

Just buy AAPL. Don't even look at other stocks.

 

[CarpalMac]

Yeah, Tesla is truly nuts. Was $360 in mid March. Now $1700. I was considering buying some at $800, but that seemed really high.

They are one stoned tweet away from $800 again too!

That said and as much as they joked about it recently, I wouldn’t put it past Elon to tell some people to short Tesla, only to do them a stupid tweet later on and let them earn some easy money.

 

[Black Belt]

Apple didn’t release what they could have 3rd qtr. it won’t be great.