Apple reported some big numbers during its second quarter earnings report yesterday, and raised a few questions, too. Kelly Guimont and John Martellaro join Jeff Gamet look share their reactions to Apple’s iPhone and iPad sales, plus they have some thoughts on Microsoft’s just announced Surface Laptop, too.
Apple Watch sales, along with AirPods and Beats headphones have hit Fortune 500 level, which means they’re bringing in over US$5 billion to Apple’s “other products” category. Company CEO Tim Cook shared that detail during the company’s second fiscal quarter earnings report on Tuesday.
Apple is hosting its second fiscal quarter earnings conference call this afternoon at about 5PM eastern time after the market closes. The iPhone and iPad maker’s guidance for the quarter is targeting between US$51.5 billion and $53.5 billion in revenue with a gross margin just under 40%.
Apple’s 2017 second fiscal quarter earnings report is scheduled for Tuesday, May 2nd. The iPhone and iPad maker will host its usual conference call with analysts after the market closes at about 5PM eastern time.