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What to Expect From Apple's Earnings Results Today Following iPhone 14 Launch

I’m going to take a guess just for fun :

+
Services
Mac

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iPhone
iPad
Wearables

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non US markets (strong USD driving up prices)
 
Lots of selling the past two days. AAPL far worse than market. But at least nothing like META. 😂

I'm thinking middle of the road this time with 5-6% drop tomorrow. Followed by run up through next earnings call. But just a guess...as accurate as the rest of the analysts.
 
What to expect? Simple - The usual crowing of record profits from the nickle & diming of customers, the glossing over of software plagued with bugs, the glossing over of asinine hardware decisions & softball "questions" from those too afraid of losing their access to Apple.
 
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Rumor is that they missed the sales forcast for dongles, I predict:

c8f7221a-b5ea-4f59-b5cc-99b1c1b4bde4_text.gif
 
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DocMultimedia said:
Lots of selling the past two days. AAPL far worse than market. But at least nothing like META. 😂

I'm thinking middle of the road this time with 5-6% drop tomorrow. Followed by run up through next earnings call. But just a guess...as accurate as the rest of the analysts.
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All of tech is down but AAPL is down the least. MSFT is getting clobbered like there’s no tomorrow. Unfortunately a large percentage of my portfolio is tech heavy.
 
JPack said:
Maybe forecast was the wrong word, but perhaps data points about inflation, currency, and demand in China. Some analysts are good at asking questions that prompt Tim and Luca to paint a picture with their response.
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Oh yeah I would absolutely love to see more candor or even any sign from Apple that every question and answer they say in every "interview" is anything but highly controlled and scripted. I would think they would be more forthcoming with the financial analysts.
 
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Naraxus said:
What to expect? Simple - The usual crowing of record profits from the nickle & diming of customers, the glossing over of software plagued with bugs, the glossing over of asinine hardware decisions & softball "questions" from those too afraid of losing their access to Apple.
Click to expand...
I'm wondering if any of the analysts will be silly enough to ask about the gambling ads fiasco. As you said, I bet they wouldn't be invited back next quarter.
 
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MacRumors said:


Apple is set to report its earnings results for the fourth quarter of its 2022 fiscal year today at 1:30 p.m. Pacific Time. Apple CEO Tim Cook and Apple CFO Luca Maestri will discuss the results on a conference call for investors at 2:00 p.m. Pacific Time.

iphone-14-pro-max-deep-purple.jpg

Keep reading for some key things to know about Apple's fourth quarter, including analyst expectations for revenue and more.

New Products During Quarter

Apple's fourth quarter ran from June 26 through September 24, according to the company's 2022 fiscal calendar. Apple launched or started accepting pre-orders for several new products during this period, including new iPhones, Apple Watches, and more:

  • MacBook Air with M2 chip
  • iPhone 14
  • iPhone 14 Plus (pre-orders only)
  • iPhone 14 Pro
  • iPhone 14 Pro Max
  • Apple Watch SE (second generation)
  • Apple Watch Series 8
  • Apple Watch Ultra
  • AirPods Pro (second generation)

Record September Quarter Expected

On average, Apple is estimated to report revenue of $88.9 billion for the quarter, according to Yahoo Finance. This would be a September quarter revenue record for Apple and 6.5% higher than the $83.4 billion that Apple reported in the year-ago quarter.

Conference Call

Apple's CEO Tim Cook and CFO Luca Maestri will hold a conference call at 2:00 p.m. Pacific Time today to discuss the company's fourth quarter earnings results. The call should be around one hour long and will include a Q&A segment with analysts.

A live audio stream of the conference call will be available on Apple's Investor Relations page, and a recording will be available at a later time for replay.

Investors will be listening for any potential commentary surrounding the economy amid higher-than-average inflation and recession concerns around the world.

What's Next

Apple's first quarter of fiscal 2023 began September 25 and runs through December 31. The quarter has already included the launch of new iPad Pro models with the M2 chip and the 10th-generation iPad, along with pre-orders for a new Apple TV.

Apple has not provided guidance since the start of the COVID-19 pandemic, but analysts expect Apple to post single-digit year-over-year growth in Q1 2023.

AAPL is currently trading at around $147, down around 20% from a 52-week high of $182.94.

Article Link: What to Expect From Apple's Earnings Results Today Following iPhone 14 Launch
Click to expand...

Apple told us last quarter basically how they will do I think.

Guidance is guarded since the pandemic, but Tim did indicate that they were set up nicely for the coming quarters. At least I do recall him saying they would be beating Year over Year for the next (Christmas) quarter. This quarter will be fine. I think it's just a matter of buzzwords.

Everyone is uneasy and unsure. To me it's a good time to gamble. Looking at buying some AAPL calls right now - Gotta see how the premiums are.

How many record breaking quarters happen before the world notices it's the best run company (fiscally) on the planet EVER.
 
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