Early in the Q2 2020 Apple financial results conference call, CEO Tim Cook commented on COVID-19 and its impact on the company. While acknowledging how the quarter was originally shaping up to be very different, Cook expressed confidence in the iPhone maker's ability to bounce back from the pandemic.
During its quarterly conference call, Apple CFO Luca Maestri shared that the iPhone maker's wearables division continues to see strong growth and is now the size of a Fortune 140 company.
Following a turbulent few months due to the COVID-19 pandemic, Apple has reported revenue earnings of $58.3 billion for the second quarter of 2020, beating Wall Street estimates by a large margin.
Apple will be announcing its financial results for the second quarter of 2020 on Thursday, but the ongoing COVID-19 pandemic is likely to result in considerably weaker results than usual. Here are what some analysts monitoring Apple and the coronavirus situation expect to hear during the filing and conference call.
Apple on Tuesday announced plans to reveal quarterly earnings for the company's second fiscal quarter of 2020 on April 30, with CEO Tim Cook and CFO Luca Maestri expected to join analysts on a conference call after markets close.
Apple generated $91.8 billion in revenue for the first quarter of its fiscal 2020 with an earnings per share of $4.99, financial results revealed on Tuesday, making for the company's best performance in history.
Apple hit yet another record for the September quarter results with $64 billion in revenue. Here's how that compares to previous quarters, earlier years, and how much money some countries and US states generate.
Analysts have passed comment on Apple's record fourth quarter results for the fiscal year 2019, with investor expectations and analyst estimates being beaten in a variety of ways, though the lower iPhone revenue is suggested to be an indicator of challenging December quarter results.
Apple's revenue for the fourth quarter of the fiscal year 2019 hit $64 billion, the company revealed on Tuesday, with earnings-per-share of $3.03, making it the biggest iPhone release quarter yet.
Apple is scheduled to announce quarterly earnings for its fourth fiscal quarter of 2019 on Oct. 30, with CEO Tim Cook and CFO Luca Maestri expected to once again join analysts on a conference call after markets close.
Apple earned $53.8 billion in revenue during its third fiscal quarter of 2019, according to financial results the iPhone maker revealed on Tuesday, with services again making big gains to reach another all-time high.
Following the publication of results for its third fiscal quarter of 2019, encompassing April through June, Apple provided additional detail surrounding the continuing situation in China, as well as more information about its Services business in an earnings conference call.
Apple will announce quarterly earnings for its third fiscal quarter of 2019 on July 30, with company CEO Tim Cook and CFO Luca Maestri expected to share details regarding specific segment performance in an investor conference call.
Apple has earned revenue of $58 billion in the second quarter of the 2019 fiscal year, according to its financial results revealed on Tuesday, with the earnings per share raising to $2.46 and services reaching record highs.
Apple will be accelerating how it passes some of its giant cash hoard to investors, according to analysts at Wells Fargo, with the iPhone producer expected to offer a dividend increase and raise how many shares it buys back, though not by as much as it has in previous years
Apple on Monday announced plans to report quarterly earnings for the second fiscal quarter of 2019 at the end of trading on April 30, with company executives expected to detail the period's highs and lows in an ensuing investor conference call.
Apple's financials for the holiday quarter were lower than the company intended going into fiscal year 2019, but while issues in China caused revenue to dip, the rest of the figures suggest there is far less to worry about, and in the case of Services and other elements, areas to be happy about.
Apple on Tuesday detailed what CEO Tim Cook only hinted at earlier this month, acknowledging a 26.7 percent drop in its December-quarter Chinese revenues.
Apple's revenue for the first quarter of the 2019 fiscal year reached $84.3 billion, just as the company advised earlier in January in a revised down forecast, financial results revealed on Tuesday, with earnings per share increasing year-on-year to $4.18.
