Categories Earnings, Technology, U.S. Markets News

Apple sets Jan 29 for Q1 2019 earnings call

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

Apple fourth quarter 2018 Earnings Infographic

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:

AAPL Historical Earnings Call Transcripts

Most Popular

FDX Earnings: FedEx Q1 adjusted earnings drop; revenue up 5%

Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted

Key highlights from Darden Restaurants (DRI) Q1 2023 earnings results

Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to

ACN Earnings: Key quarterly highlights from Accenture’s Q4 2022 financial results

Accenture (NYSE: ACN) reported fourth quarter 2022 earnings results today. Total revenues were $15.4 billion, up 15% year-over-year in US dollars and up 22.4% in local currency. Net income attributable

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top