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-   -   Apple to An**unce Q2 2016 Earnings on April 25 (https://hameed.nwar.uk/vb/showthread.php?t=1819946)

ahlam1399 03-29-2016 03:13 AM

Apple to An**unce Q2 2016 Earnings on April 25
 
Apple today updated its investor relations page to **te it will an**unce its earnings for the second fiscal quarter (first calendar quarter) of 2016 on Monday, April 25.

The earnings release will provide a look at sales of the iPhone 6s and 6s Plus following Apple's record first quarter, which saw the company an**unce 74.8 million iPhone sales and $18.4 billion profit on $75.9 billion in revenue. Apple has warned that iPhone sales will decline in the March quarter, potentially leading to Apple's first year-over-year decline since the iPhone was released in 2007.

http://cdn.macrumors.com/article-new...ingsq22016.jpg
During its first quarter earnings report, Apple provided Q2 2016 guidance of $50 to $53 billion in revenue and gross margin between 39 and 39.5 percent. Should Apple only take in $50 to $53 billion, the company will also see its first year-over-year revenue drop in 13 years.

The quarterly earnings statement will be released at 1:30 PM Pacific/4:30 PM Eastern, with a conference call to discuss the report taking place at 2:00 PM Pacific/5:00 PM Eastern. MacRumors will provide coverage of both the earnings release and conference call on April 25.
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