Apple announced today that it will hold a conference call on Thursday, November 2, 2023, to discuss this year’s fourth fiscal quarter results and business updates.
The fiscal quarter runs from July 2-September 30 and includes Apple’s fall event, where the iPhone 15 series, Apple Watch Series 9, Apple Watch Ultra 2, AirPods Pro with USB-C charging case, and other heavy-hitting new products are unveiled together.
It should be noted that this will be the first time Apple announces earnings after the fall event, when Apple CEO Tim Cook and CFO Luca Maestri will participate in a conference call, which is expected to disclose the market performance, supply and demand of the new products.
▲ Photo courtesy of Apple’s official website
In the third fiscal quarter of this year’s financial report released in early August, Apple’s total revenue was $81.79 billion (currently about RMB 597.885 billion), down 1% year-on-year, with earnings per share of $1.26 (currently about RMB 9.2106); the quarterly profit was $19.88 billion (currently about RMB 145.323 billion), an increase of 5% year-on-year; Gross margin was 44.5%, compared with 43.3% a year earlier.
Cook said after the release of the third-quarter results: Apple’s services revenue reached a record high, fueled by more than 1 billion paid subscribers; and iPhone expansion was further fueled by continued strong iPhone sales in emerging markets.
