Apple’s fourth fiscal quarter earnings conference call is scheduled to start after the market closes this afternoon, Tuesday, October 25th. The Mac Observer will be here to bring you the latest news, announcements, and analysis from the event.
Apple moved its earnings report from Wednesday the 26th to today because of a “scheduling conflict.” That conflict turned out to be a special media event on Thursday, October 27th, where the company is expected to introduce new MacBook, MacBook Air, and MacBook Pro models.
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The Mac and iPhone maker offered guidance for revenues between US$45.5 billion and $47.5 billion, with gross margin between 37.5% and 38%. Today’s results will include initial sales of the iPhone 7 and iPhone 7 Plus, along with Apple Watch Series 2.
Apple plans to start its earnings conference call at about 5PM eastern time (2PM pacific), so be sure to check in with The Mac Observer to stay on top of the company’s results.
This will probably be the third consecutive declining quarter and a year over year decline. It would have been worse except for fires at Samsung. A little silver lining lessens the drop. An added bonus is that next year’s sales get compared to this year’s bringing back the sunshine.
Not too hopeful. Smart watch sales are tanking for everyone.
https://www.bbc.com/news/technology-37762239