What to Expect From Apple's Quarterly Earnings Report This Week

Q: How long will it take to read this news story?

The story "What to Expect From Apple&#039;s Quarterly Earnings Report This Week" has 1191 words across 52 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "What to Expect From Apple&#039;s Quarterly Earnings Report This Week" was covered 1 days ago by MacRumors, a news publisher based in United States.

Q: How trustworthy is 'MacRumors' news outlet?

MacRumors is a fully independent (privately-owned) news outlet established in 2000 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 4 news stories per day. It's most recent story was published 17 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21883047</li><li>URL: https://beamstart.com/news/what-to-expect-from-apples-17224962786293</li></ul>

MacRumors 1d ago

What to Expect From Apple's Quarterly Earnings Report This Week - MacRumors

Quick Summary:

The following products launched during this period:11-inch iPad Pro with M4 chip 13-inch iPad Pro with M4 chip 11-inch iPad Air with M2 chip 13-inch iPad Air with M2 chip Apple Pencil Pro Vision Pro pre-orders in eight additional countriesRevenue Expectations Apple has not provided formal revenue guidance since before the COVID-19 pandemic, but the average Wall Street estimate for Apple's third quarter revenue is $84.5 billion, according to data compiled by Yahoo Finance.

This would be in line with the outlook that Apple's CFO provided on last quarter's earnings call:We expect our June quarter total company revenue to grow low-single-digits year-over-year in spite of a foreign exchange headwind of about 2.5 percentage points.

Apple will report its earnings results for the third quarter of its 2024 fiscal year on Thursday, August 1 at 1:30 p.m.Pacific Time.