Following one of the worst market routs in its history, Apple (AAPL) is scheduled to conduct the first quarter 2019 earnings conference call on Tuesday, January 29, at 5:00 pm Eastern Time.
Apple updated its investor relations page last Wednesday with the conference call details. Apple chief Tim Cook’s presentation may be accessed here on the aforementioned date.
Here are the key highlights from the first quarter 2018 earnings results in comparison with the analysts’ expectations for the first quarter 2019, which are given in brackets.
Revenue – $88.3 billion ($91.49 billion)
EPS – $3.89 ($4.65)
Apple Q4 2018 Earnings Infographics
The iPhone maker expects revenue of about $84 million during the first quarter of fiscal 2019 and gross margin of about 38%. Operating expenses are anticipated to be about $8.7 billion and other income is predicted to be about $550 million.
The tech giant’s results have been impacted by different timing of iPhone launches, foreign exchange headwinds, supply constraints, and economic weakness in certain emerging markets. In spite of these challenges, the performance could show remarkable strength in many areas such as active devices and non-iPhone businesses. The company will exit the quarter with about $130 billion in net cash.
This will also be the first quarter when Apple won’t be giving out its unit sales figures.
Also read:
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
Comments