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Apple to Announce Q4 2018 Earnings on November 1

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Apple today updated its investor relations page to announce that it will share its earnings results for the fourth fiscal quarter (third calendar quarter) of 2018 on Thursday, November 1.

The earnings release will provide a look at sales of the new iPhone XS and XS Max during their first week of availability, and we may hear some details on how well the Apple Watch Series 4 sold.

appleearningsnov1-800x503.jpg

Apple has not provided launch weekend sales for the iPhone XS and XS Max, so earnings will mark the first look at how well the updated devices sold compared to the iPhone 8, 8 Plus, and X.

Apple's guidance for the fourth quarter of fiscal 2017 includes expected revenue of $60 to $62 billion and gross margin between 38 and 38.5 percent. In 4Q 2017, Apple posted revenue of $52.6 billion and gross margin of 37.9 percent.

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 November 1.

Article Link: Apple to Announce Q4 2018 Earnings on November 1
 
Article Link
https://www.macrumors.com/2018/10/02/apple-q4-2018-earnings-november-1/
Glad I bought some apple stocks long time ago. I never checked the price again but im sure are doing good
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m0sher said:
Apple to investors...“ your rich beotch ! “
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saudade said:
Glad I bought some apple stocks long time ago. I never checked the price again but im sure are doing good
[doublepost=1538521918][/doublepost]

Im sorry for this image is very racist.
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Ok removed , please do same on reply that wasnt the intention. Just Chappell.
 
Most of the time Apple stock falls after earnings. A lot of people with inflated expectations decide to sell after earnings. Instead, Apple tends to rise during the long periods BETWEEN earnings reports.
 
I feel like these results would be disappointing given that the iphone xr would only have been out for like a week and i dont think the xs and xs max will have sold much
 
jw2002 said:
Most of the time Apple stock falls after earnings. A lot of people with inflated expectations decide to sell after earnings. Instead, Apple tends to rise during the long periods BETWEEN earnings reports.
Click to expand...

If you’re paying attention...
8 out of the last 10 iPhone releases, APPL slid immediately after the release & didn’t get back up to pre-release levels for about 60 days.
This year, they’re hitting all time highs 2 weeks after the release.
Last earnings report, on 07/31/18, sent AAPL into an IMMEDIATE uptick... something like 3% in a single day, if I recall correctly.
You may not want to count on “usually” too heavily this year!!! =)
 
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Internet Enzyme said:
I feel like these results would be disappointing given that the iphone xr would only have been out for like a week and i dont think the xs and xs max will have sold much
Click to expand...
I agree but I see it as more of a positive. If they simply meet expectations largely without the help of the XR, that bodes extremely well for the next quarter.
 
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