Apple to Announce Q2 2023 Earnings Results on May 4


Apple today announced plans to report its earnings results for the second fiscal quarter (first calendar quarter) of 2023 on Thursday, May 4.

Apple Logo Cash Feature Mint
The earnings report and investor call afterward will provide insight into the period between late December and March, which is often a slow quarter for Apple following the holiday quarter. Apple in January introduced new M2 Pro and ‌M2‌ Max MacBook Pro models, new Mac mini machines, and the updated HomePod, plus this quarter saw the introduction of the yellow iPhone 14.

Apple once again declined to provide guidance for the quarter during its Q1 2023 earnings results, but in Q2 2022, the company reported revenue of $97.3 billion. Apple CFO Luca Maestri said in January that year over year, revenue is expected to be similar to the December quarter. Services and iPhone revenue will be up, while Mac and iPad revenue are expected to decline by double digits year over year because of product release timelines.

Apple’s quarterly earnings statement will be released at 1:30 p.m. Pacific/4:30 p.m. Eastern, with a conference call to discuss the report taking place at 2:00 p.m. Pacific/5:00 p.m. Eastern. MacRumors will provide coverage of both the earnings release and conference call on May 4.

Popular Stories

iOS 16.4 Now Available for Your iPhone With These 8 New Features

Following six weeks of beta testing, iOS 16.4 was released to the public this week. The software update includes a handful of new features and changes for the iPhone 8 and newer. To install an iOS update, open the Settings app on the iPhone, tap General → Software Update, and follow the on-screen instructions. Below, we have recapped eight new features and changes added with iOS 16.4,…

Apple Halted M2 Chip Production in January Amid ‘Plummeting’ Mac Sales

Apple halted production of its M2 series chips at the start of 2023 following a pronounced slump in global demand for MacBooks, claims a new report out of Korea. Facing “plummeting” Mac sales amid a severe PC market downturn, Apple in January completely suspended production of its custom-designed M2 series processors that power new MacBook Pro and Mac mini models and the latest MacBook Air,…

Three Products We Might See at WWDC 2023

Apple this week announced the official dates for the 34th annual Worldwide Developers Conference, with the annual WWDC keynote event set to take place on Monday, June 5. The keynote is where Apple unveils new versions of iOS, macOS, watchOS, and tvOS, and sometimes, we get hardware announcements. Rumors this year suggest there are at least three new devices that are set to be unveiled in the …

Gurman: watchOS 10 to Have Notable Changes, macOS 13.4 to Support New Macs

watchOS 10 should be a “fairly extensive upgrade” for the Apple Watch this year, with “notable changes” to the user interface, according to Bloomberg’s Mark Gurman. However, he did not provide any details about specific changes planned. In his weekly newsletter, Gurman added that only modest hardware changes are expected for new Apple Watch models coming later this year. Apple is expected …

General Motors to Phase Out Apple CarPlay Starting This Year in EV Transition

General Motors (GM) will phase out Apple CarPlay and Android Auto in its vehicles starting this year, shifting to a built-in infotainment system co-developed with Google (via Reuters). GM owns Buick, Cadillac, Chevrolet, and GMC in the United States. It will stop offering Apple CarPlay and Android Auto starting with the 2024 Chevrolet Blazer, which goes on sale this summer. The company plans …

Engineer Brings Wires and USB-C Connector to AirPods

Hardware prototyping consultant Ken Pillonel has added wires and a USB-C connector to a set of AirPods, bypassing the need for its charging case. Repair site iFixit has given all versions of the AirPods and AirPods Pro a score of zero out of 10 for repairability. They are not designed to be serviced or repaired because no internal components can be accessed without damage to the device,…

Apple CEO Tim Cook Teases AR/VR Headset and More in New Interview

Apple CEO Tim Cook has seemingly teased the company’s upcoming mixed-reality headset in an extensive interview with GQ. Cook features on the cover of GQ’s Global Creativity Awards 2023 issue. The interview with GQ’s Zach Baron, titled “Tim Cook Thinks Different,” delves into multiple aspects of Cook’s career, premiership, and personal life. Explaining why Apple may, hypothetically, be…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *