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Apple will hold September quarter earnings call on October 27

2016 September 27
by macjeff

Apple said on the Investor webpage that it has scheduled an earnings call to discuss fiscal 2016 fourth quarter earnings a month from today on Thursday, October 27, 2016 at 2:00pm PT / 5:00pm ET. The company’s fourth fiscal quarter corresponds to the third calendar quarter. A press release will go out 30 minutes in advance of the earnings call.

The earnings call will include early sales of the iPhone 7 and iPhone 7 Plus.

As is its wont, Apple will not break down iPhone sales by model. Apple also said it would be no longer providing opening weekend iPhone sales going forward.

Don’t keep your fingers crossed for Apple Watch numbers either: the Cupertino firm lumps wearable sales together with sales of the Apple TV, Beats products, iPod and Apple-branded and third-party accessories in the “Other Products” category.

The company will allow anyone to listen to the conference call live via its website. A replay stream will be available for a few weeks.

Live streaming uses Apple’s HTTP Live Streaming technology, which requires an iPhone, iPad or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later or a PC with Microsoft Edge on Windows 10.

Apple’s guidance for its fiscal 2016 fourth quarter calls for the revenue between $45.5 billion and $47.5 billion, gross margin between 37.5 percent and 38 percent and operating expenses between $6.05 billion and $6.15 billion.

Source: Apple

Source link: http://www.idownloadblog.com/2016/09/27/apple-september-quarter-earnings-call-october-27/

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